Fulfill your dream to study in top Study in USA universities with hassle-free loans covering tuition, living, and travel — at competitive rates.
Flexible and low interest options to suit your needs.
No security required for reputed universities.
Repay only when you start earning.
One-stop solution for all education-related costs.
Need Help in education loan? — Free 1-on-1 Counseling with Our Advisors.
30K+ Students Counselled
600+ Universities
The United States welcomes students each year. With rising student visa demand and strong India–U.S. collaboration, it continues to offer world-class education, global career exposure, and advanced research opportunities.
At PayStudy, we offer education loans for studying in the USA who are planning to pursue their higher education is the world’s top study destination. It welcomes thousands of ambitious Indian. We help Indian students manage your finances with the right education loan partner arranging tuition fees, living expenses, and other educational costs. We also support identifying suitable lenders and structure their education funding plan according to their selected university, course, and financial profile.
The U.S. visa landscape is changing to improve security and streamline immigration. Understanding these updates early gives you an edge:
| Scholarship | Benefits | Category |
|---|---|---|
| Fulbright-Nehru Master’s Fellowship | Tuition, airfare, living stipend & health insurance | Merit + Need-based |
| Aga Khan Foundation Scholarship | 50% grant + 50% loan assistance | Need-based |
| Inlaks Shivdasani Scholarship | Up to ₹84L (subject to eligibility and award limits) | Merit-based |
| AAUW International Fellowship | $18,000 – $30,000 | Women-focused |
| Narotam Sekhsaria Scholarship | Interest-free loan scholarship up to ₹20L | Merit-based |
| Tata Scholarship – Cornell University | Need-based financial aid for eligible undergraduate students | Need-based |
| Knight-Hennessy Scholars | Graduate study funding, including tuition and living support | Merit-based |
| Harvard / Yale / MIT Financial Aid | Up to 100% of demonstrated financial need | Need-based |
| American University Emerging Global Leader Scholarship | Tuition and living expenses for eligible students | Merit + Need-based |
Note: Scholarship benefits and eligibility criteria may change each year. Please check the official scholarship websites for the latest information, application deadlines, and requirements.
Studying in the USA can be expensive. An abroad education loan helps cover major costs without putting financial pressure on your family.
Pays tuition fees, living expenses, travel, visa fees, insurance and other academic expenses you need to meet throughout your study time.
Have a moratorium period throughout the course and pay later with affordable EMIs and options on tenure.
Enables students to pursue education in leading U.S. universities without compromising due to financial limitations.
Submit your profile and loan requirements through our simple online form.
Receive loan offers matched to your profile from top partners.
We help gather and verify all your required documents quickly.
Our experts handle coordination with banks/NBFCs for fast sanction.
Funds are sent directly to the university or your account as needed.
| University | Key Programs |
|---|---|
| Massachusetts Institute of Technology (MIT) | Computer Science, Engineering, Physics |
| Princeton University | Public Policy, Economics, Computer Science |
| Stanford University | Computer Science, Business, Engineering |
| Harvard University | Business, Law, Medicine |
| California Institute of Technology (Caltech) | Physics, Engineering, Computer Science |
| Yale University | Law, Economics, Medicine |
| University of Pennsylvania (UPenn) | Business, Finance, Engineering |
| University of Chicago | Economics, Business, Data Science |
| University of California, Berkeley (UC Berkeley) | Computer Science, Engineering, Business |
| University of California, Los Angeles (UCLA) | Film Studies, Engineering, Psychology |
Note: Requirements may vary depending on the lender, university, and course.
Important: This is a general checklist for education loans for the USA, not a universal lender requirement. Confirm the exact document list with your selected bank or NBFC before applying.
Admission requirements vary by university, with academic performance, test scores and your overall profile playing important roles
| Feature | Description |
|---|---|
| Loan amount | ₹10 Lakhs – ₹3 Crores, depending on lender and eligibility |
| Rate of interest | Starting from 8.65% p.a. for eligible borrowers; rates vary by lender and loan scheme |
| Processing fees | Varies by lender and loan amount; applicable taxes may apply |
| Margin money* | May be required depending on the lender and loan scheme |
| Property evaluation charges | Applicable for secured loans; charges vary based on property and location |
| Moratorium period** | Generally includes the course period and an additional repayment holiday, as specified by the lender |
| Repayment tenure | Up to 15 years, depending on the lender and loan scheme |
| Lender / Institution | Loan Type | Max Loan Amount | Interest Rate (Approx.) | Special Notes |
|---|---|---|---|---|
| State Bank of India (SBI) | Secured | ₹1.5 Crore | 9.95% – 10.65% | Lower rate for female students |
| Union Bank of India (UBI) | Secured | ₹1.25 Crore | 10% – 10.75% | 15-year repayment available |
| ICICI Bank | Unsecured | ₹50 Lakhs | 10.75% – 12.5% | Faster processing for Tier-1 universities |
| Axis Bank | Unsecured | ₹50 Lakhs | 11% – 12.75% | Pre-visa disbursement option available |
| Credila | Unsecured | ₹60 Lakhs | 11% – 13% | Flexible co-applicant policy |
| Avanse Financial Services | Unsecured | ₹40 – 50 Lakhs | 11% – 13.25% | Quick approval, minimal documentation |
| InCred Finance | Unsecured | ₹40 – 45 Lakhs | 10.75% – 12.75% | Tailored repayment flexibility |
| MPOWER Financing | International (USD) | Up to USD 100,000 | 12% – 14% | No co-applicant or collateral required |
| Prodigy Finance | International (USD) | Up to USD 100,000 | 11% – 13% | No Indian documentation needed |
Receive personalized guidance from specialists who are familiar with the regulations of U.S. universities, the loan procedure, and the financing requirements for a visa. Based on your admitted university and course, we help identify the most suitable lender and explore the best secured or unsecured study loan options.
PayStudy partnered with multiple trusted banks and NBFCs to find the best education loan options to study in the USA with competitive terms. Eligible students may benefit from competitive interest rates, special processing fee offers, faster loan assessments through dedicated lender channels, and flexible repayment options, subject to lender policies.
You can get fast processing with simplified documentation so that one can have a smooth and hassle-free experience. Our team evaluates multiple lender options to maximize your loan eligibility and supports students with varying co-applicant profiles, subject to lender eligibility criteria.
Receive tailored loan options based on your course, university, and financial profile. We also help you prepare a structured funding plan and organize the financial documentation required for your U.S. student visa process.
From lender selection and eligibility assessment to documentation, loan application, sanction, and disbursement, our team provides complete assistance throughout your study abroad journey, ensuring a seamless education loan experience.
Are you ready to transform your life?
Check Your Education Loan Eligibility
Get your education loan eligible within a minute.
