The cost of education has been rising year after year all around the world. And Nepal is a country from which many students wish to pursue higher education around the world. Since Nepalese students are so interested in studying abroad, education loans have become common
The Nepalese government, banks, and other financial institutions have simplified the education loan process and offered competitive schemes to Nepalese students seeking a brighter educational future. In Nepal, numerous banks provide education loans to aspiring students. However, students must evaluate the study loan based on various factors, terms and conditions. The applicant should understand total loan cost, monthly instalments, interest rates, loan processing costs, subsidies, grace periods, term periods, loan processing times, repayment schemes, moratorium periods, etc. As a result, students must investigate several banks and conduct studies on the application process and foreign exchange rates.
