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Education Loan
SBI Loan for Study Abroad: University List
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Visit GyanDhan’s guide to the SBI education loan college list abroad, eligibility criteria, application process, and many more.
Arshi Khan
Arshi is a content expert with expertise in the study abroad sectors. Holding a Master’s degree in Economics, she brings an analytical approach to her content creation, ensuring clarity and...
Updated on: 21 Apr 2025
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17 min read
State Bank of India (SBI) is one of the top public banks in India that offers education loan schemes to students to fund their higher studies from abroad. SBI has an approved list of 96 premier foreign universities under its Global Ed-Vantage Scheme, where students can secure collateral-free education loans of up to INR 50 lakhs. SBI offers study abroad loans at lower interest rates starting at just 9.65%, with flexible repayment options, and a higher loan amount.
However, the eligibility of students depends on the list of approved foreign universities for SBI education loans. This blog will guide you about the SBI education loan list of universities abroad, eligibility criteria, and how it affects your loan approval.
Key Features of SBI Education Loan for Abroad Studies
SBI provides loans for undergraduate, postgraduate, and doctoral programs in the US, UK, Canada, Australia, Europe, Singapore, Japan, Hong Kong, and New Zealand. Students can check the SBI abroad education loan university list pdf to confirm whether their university of enrollment falls under the SBI-approved list or not. The loan covers tuition fees, accommodation expenses, travel costs, and other miscellaneous expenses for the students.
| Features | Details |
|---|---|
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Maximum Loan Amount |
Up to INR 3 Crores (Secured) Up to INR 50 Lakhs (Unsecured) |
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Processing Fees |
INR 10,000 + GST (Non-refundable) |
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Loan Tenure |
Up to 15 Years |
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Course Duration + 6 Months |
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|
Processing Time |
15 Working Days |
|
10% |
Eligibility Criteria for SBI Education Loan Abroad Universities
SBI education loan ensures that your focus remains on your education without the stress of financial constraints. Below are the eligibility criteria that you should qualify to secure an education loan.
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You must be an Indian citizen. -
You must be at least 18 years old.
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You must be enrolled in a recognized university for the program.
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You must hold a good academic record and meet the minimum academic criteria set by the bank.
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Your co-applicant must have a stable income with a good credit score.
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You must be enrolled in Regular Graduate/Post-Graduate/Doctorate Degree/ Diploma/ Certificate courses in any discipline offered by foreign institutes/ universities in various countries.
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To secure better terms your institution of enrollment must fall under the list of approved foreign universities for education loan SBI. However, the student will still be considered for an education loan on a merit or case-to-case basis, if the university does not lie under the approved list.
Explore SBI Education Loans for Studying Abroad 2025, covering interest rates, eligibility, application process, and required documents to fund your global education.
Understanding the SBI Abroad Education Loan University List
SBI education loan for abroad university list helps students secure favorable loan terms. This list is crucial because of the following reasons.
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SBI education loan abroad university list determines the eligibility of students for an education loan.
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Students who are admitted to top-ranked universities secure a good deal, ensuring lower interest rates, higher loan amounts, and flexible repayment options.
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This list includes top-ranked universities, technical institutes, and professional schools in the USA, UK, Canada, Australia, Europe, Singapore, Japan, Hong Kong, and New Zealand.
SBI Education Loan College List Abroad
The list of approved foreign universities for education loan by SBI includes premier institutions. Top universities like Harvard University, MIT, the University of Oxford, the University of Toronto, and the University of Melbourne are included in the list. Below is the list of top universities approved by SBI for different countries.
Top Universities in the USA:
| Massachusetts Institute of Technology | Boston University |
|---|---|
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New York University (NYU) [Stern/Tandon] |
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Northwestern University (Kellogg/McCormick) |
Carnegie Mellon University (CMU) |
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University of Illinois at Urbana-Champaign (UIUC) |
University of Texas at Austin (UT Austin) |
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University of California, Davis (UCD) |
Georgia Institute of Technology (Georgia Tech) |
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University of California, Los Angeles (UCLA) |
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Brown University |
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California Institute of Technology (Caltech) |
University of North Carolina, Chapel Hill |
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Pennsylvania State University |
Top Universities in the UK:
| London School of Economics and Political Science | University of Bristol |
|---|---|
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University of Cambridge |
Queen Mary, University of London (QMUL) |
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UCL (University College London) |
University of Edinburgh |
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King's College London (KCL) |
The University of Nottingham |
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Imperial College London |
University of Leeds |
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University of Birmingham |
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The University of Sheffield |
The University of Warwick |
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Cardiff University |
Durham University |
Top Universities in Canada:
| University of Toronto | University of British Columbia |
|---|---|
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University of Alberta |
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McMaster University |
Universite de Montreal |
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University of Waterloo |
York University |
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University of Calgary |
Queen's University at Kingston |
Australian and European Universities: Approved List:
| University of Technology, Sydney (UTS) | The University of Western Australia (UWA) |
|---|---|
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The University of Queensland (UQ) |
Australian National University (ANU) |
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The University of New South Wales (UNSW) |
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The University of Sydney |
The University of Melbourne |
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The University of Adelaide |
The University of Newcastle, Australia (UON) |
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Katholieke Universiteit Leuven |
Ludwig Maximilian University of Munich (LMU) |
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Technische Universität München (TU Munich) |
Humboldt-Universität Zu Berlin |
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Freie Universität Berlin |
Ruprecht-Karls-Universität Heidelberg |
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University of Copenhagen |
Université Paris-Sud 11 |
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Sorbonne University |
Alma Mater Studiorum - University of Bologna |
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Sapienza - Università Di Roma |
University of Zurich |
How to Check If Your College Abroad is Approved by SBI?
If you are confused about whether your chosen university falls under the SBI education loan college list abroad or not, then you can follow the below-mentioned steps to verify your eligibility.
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Visit the SBI website: Go to the official SBI website and navigate to the “Education loan” section. You will find the “Premier Institutions List” under “Loan Schemes”. Download the list and check whether your institution comes under the list or not.
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Contact the Bank: Visit your nearest SBI branch in case you find difficulties in searching for your university eligibility. They will verify it for you.
Application Process for SBI Education Loan for Abroad Studies
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You can apply online to secure an education loan. Visit the SBI website and fill out the application form online under the “Education Loans” tab.
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Or you can apply by visiting the nearest SBI branch with the necessary documents.
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You can also apply via the PM-Vidya Lakshmi Portal. A portal designed for students to explore and compare several loan options to apply for an education loan.
However, if you want to avoid all these complex steps, you can apply for an education loan via GyanDhan. From the application process to the loan disbursement, we guide you throughout the process. Just follow the below-mentioned steps for a hassle-free abroad education journey.
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Check your eligibility by filling out the simple form to assess your eligibility.
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Once you enter submit, your details will be shared with us and one of our education loan counselors (ELC) will contact you and guide you through the process.
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We will evaluate your profile and provide you with a customized checklist of documents to upload online. We also provide a doorstep pick-up service for your documents.
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We will share your details with our lenders and will update you regularly about the status of your loan.
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Once the lender approves your application, we will provide you with the sanction letter. The funds will be disbursed as per the terms of the loan.
You can realize your dream of higher education just by taking the assistance of an education loan. SBI offers several schemes to study in India and abroad. Do not let funds be the reason for a pause in your studies. Connect with us, we will together make your education journey worthwhile. Compare your selected universities today.
Also read:
Frequently Asked Questions
How to check SBI approved colleges?
You can check the list of approved colleges for SBI education loans on the official website of SBI or visit the nearest SBI branch for confirmation.
Can I apply for an education loan if my university does not fall under the approved list?
SBI will consider you for an education loan on a merit basis or case-to-case basis if your university does not lie under the approved list of the bank.
What are the interest rates for SBI education loans?
Interest rates for SBI education loans vary based on the ranking of the university, loan amount, and the profile of the student. However, their interest rates for premium institutes lie between 8.10% to 10.15%.
Can I apply for an SBI education loan before securing admission?
Yes, SBI allows pre-admission sanction for students who are already in the application process. However, the final disbursement happens only after confirmation of admission.
What happens if I don’t get a job immediately after completing my studies?
SBI provides a moratorium period of course duration + 6 months to 1 year before repayment actually starts. If you still don’t have a job, you can request an extension or restructuring of the loan.
What if I want to foreclose my SBI education loan early?
SBI allows the foreclosure of loan without any penalty. You can pay off your loan early to save on interest costs.
Check Your Education Loan Eligibility
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