{"id":1506,"date":"2025-12-13T06:42:51","date_gmt":"2025-12-13T06:42:51","guid":{"rendered":"https:\/\/www.eduloans.org\/blogs\/?p=1506"},"modified":"2025-12-13T06:42:52","modified_gmt":"2025-12-13T06:42:52","slug":"what-expenses-are-covered-in-an-abroad-education-loan","status":"publish","type":"post","link":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/","title":{"rendered":"What Expenses Are Covered in an Abroad Education Loan?"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-1507 size-full\" src=\"http:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2025\/12\/What-expenses-are-covered-in-an-overseas-education-loan.jpg\" alt=\"\" width=\"1200\" height=\"650\" srcset=\"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2025\/12\/What-expenses-are-covered-in-an-overseas-education-loan.jpg 1200w, https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2025\/12\/What-expenses-are-covered-in-an-overseas-education-loan-300x163.jpg 300w, https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2025\/12\/What-expenses-are-covered-in-an-overseas-education-loan-1024x555.jpg 1024w, https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2025\/12\/What-expenses-are-covered-in-an-overseas-education-loan-768x416.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n\n\n\n<p>Dreaming of studying abroad but worried about the high costs? You\u2019re not alone. With&nbsp;tuition fees generally running between 15 to 40 lakhs per year, in addition to accommodation, travel, and living costs, funding an international education may seem like a huge challenge. This is the main reason why an education loan for studying abroad is so important, as it is a great support for students to obtain a degree from a foreign university without money \u200d\u200cworries.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\" role=\"button\"><label for=\"item-69eff9c7dbd79\" ><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input aria-label=\"Toggle\" aria-label=\"item-69eff9c7dbd79\"  type=\"checkbox\" id=\"item-69eff9c7dbd79\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#What_Does_an_Education_Loan_Study_Abroad_Cover\" title=\"What Does an Education Loan Study Abroad Cover?\">What Does an Education Loan Study Abroad Cover?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#Features_of_the_SBI_Overseas_Education_Loan\" title=\"Features of the SBI Overseas Education Loan\">Features of the SBI Overseas Education Loan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#Coverage_Details_of_Study_Loan_For_UK\" title=\"Coverage Details of Study Loan For UK\">Coverage Details of Study Loan For UK<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#Scope_of_a_Study_Loan_for_New_Zealand\" title=\"Scope of a Study Loan for New Zealand\">Scope of a Study Loan for New Zealand<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-what-does-an-education-loan-study-abroad-cover\"><span class=\"ez-toc-section\" id=\"What_Does_an_Education_Loan_Study_Abroad_Cover\"><\/span><a><\/a><strong>What Does an Education Loan Study Abroad Cover?<\/strong><strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>An&nbsp;<a href=\"https:\/\/www.eduloans.org\/blogs\/how-to-get-education-loan-for-abroad-studies-in-india\/\"><strong><u><strong>educational loan for studying abroad<\/strong><\/u><\/strong><\/a>&nbsp;is a lot more than just the tuition fees. It is designed to cover all required academic and living expenses so that the students can concentrate on their \u200d\u200cstudies.<\/p>\n\n\n\n<p>Major expenses covered include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>University\u00a0tuition and university examination fees<\/li>\n\n\n\n<li>Hostel or off-campus accommodation<\/li>\n\n\n\n<li>Books, study materials, and laptops<\/li>\n\n\n\n<li>Travel and visa costs<\/li>\n\n\n\n<li>Medical insurance<\/li>\n\n\n\n<li>Daily living and food expenses<\/li>\n<\/ul>\n\n\n\n<p>If you are comparing lenders or need some personalised guidance, Eduloans.org is the place for you. Comparing interest rates is very straightforward and getting the approval quickly is also very \u200cconvenient.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-features-of-the-sbi-overseas-education-loan\"><span class=\"ez-toc-section\" id=\"Features_of_the_SBI_Overseas_Education_Loan\"><\/span><a><\/a><strong>Features of the SBI Overseas Education Loan<\/strong><strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The <a href=\"https:\/\/www.eduloans.org\/sbi-overseas-education-loans\"><strong><u>SBI Overseas Education Loan<\/u><\/strong><\/a>&nbsp;is one of the most trusted options for Indian students. With&nbsp;its attractive feature of low-interest rates and adaptable terms, the loan is a perfect way to keep your finances stable throughout your studies.<\/p>\n\n\n\n<p>Key highlights include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tuition\u200d\u200c fee coverage up to 100% for universities eligible<\/li>\n\n\n\n<li>Money given to cover living and travel costs<\/li>\n\n\n\n<li>Repayment can be started flexibly only after the completion of the course<\/li>\n\n\n\n<li>Easy paperwork and tax benefits as per Section 80E<\/li>\n<\/ul>\n\n\n\n<p>By availing an <a href=\"https:\/\/www.eduloans.org\/blogs\/sbi-overseas-education-loan-2025-features-eligibility-application-process\/\"><strong><u>SBI Education Loan<\/u><\/strong><\/a>, students can concentrate on their studies and the bank will handle the financial \u200d\u200cpart.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-coverage-details-of-study-loan-for-uk\"><span class=\"ez-toc-section\" id=\"Coverage_Details_of_Study_Loan_For_UK\"><\/span><a><\/a><strong>Coverage Details of Study Loan For UK<\/strong><strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Studying in the UK is a top choice for Indian students, but it comes with high costs. A <a href=\"https:\/\/www.eduloans.org\/education-loans-uk\"><strong><u>Study Loan For UK<\/u><\/strong><\/a>&nbsp;helps manage these expenses efficiently.<\/p>\n\n\n\n<p>The loan typically covers:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tuition\u00a0fees for the entire duration of the course<\/li>\n\n\n\n<li>Living expenses and local travel<\/li>\n\n\n\n<li>Cost of visa and health insurance<\/li>\n<\/ul>\n\n\n\n<p>Additionally, students may avail of pre-visa disbursal facilities and personalised repayment plans, thus making their financial journey overseas \u200d\u200chassle-free.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-scope-of-a-study-loan-for-new-zealand\"><span class=\"ez-toc-section\" id=\"Scope_of_a_Study_Loan_for_New_Zealand\"><\/span><a><\/a><strong>Scope of a Study Loan for New Zealand<\/strong><strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>For those eyeing universities in New Zealand, a <a href=\"https:\/\/www.eduloans.org\/education-loans-newZealand\"><strong><u>Study Loan for New Zealand<\/u><\/strong><\/a>&nbsp;covers all necessary educational and living expenses.<\/p>\n\n\n\n<p><strong>This includes:<\/strong><strong><\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Tuition\u00a0with exam fees<\/li>\n\n\n\n<li>Living with hostel charges<\/li>\n\n\n\n<li>Travel visa and insurance expenses<\/li>\n\n\n\n<li>Study materials and equipment<\/li>\n<\/ul>\n\n\n\n<p>The <a href=\"https:\/\/www.eduloans.org\/blogs\/how-much-loan-can-you-get-for-studying-in-new-zealand\/\"><strong><u><strong>education loan for <\/strong><\/u><\/strong><strong><u><strong>N<\/strong><\/u><\/strong><strong><u><strong>ew <\/strong><\/u><\/strong><strong><u><strong>Zealand<\/strong><\/u><\/strong><\/a>&nbsp;makes it possible for students to focus on their learning without having to give up their comfort or a quality \u200d\u200ceducation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><a><\/a><strong>Conclusion<\/strong><strong><\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>An\u00a0abroad education loan is a complete money management instrument that takes care of each and every step of your study trip. Any of the options you go for: <a href=\"https:\/\/www.eduloans.org\/blogs\/how-to-choose-the-right-country-based-on-education-loan-policies-canada-uk-usa-or-australia\/\"><strong><u><strong>overseas education loan<\/strong><\/u><\/strong><\/a>, SBI Overseas Education Loan, Study Loan For UK, or Study Loan for New Zealand,\u00a0will give you singly the advantages meant for the requirements of an international study. It is a smart decision making that still allows you to focus on your education rather than on the \u200d\u200ccosts.<\/p>\n\n\n\n<p>If\u200c you want to find out, contrast, and then get the finest education loan for <a href=\"https:\/\/www.imperial-overseas.com\/\"><strong><u><strong>studying abroad<\/strong><\/u><\/strong><\/a>, the best place to be is<strong>&nbsp;<\/strong><a href=\"https:\/\/www.eduloans.org\/\"><strong><u>Eduloans.org<\/u><\/strong><\/a>. Their proficient team is always ready to lend a hand to the students in locating the best lenders, getting attractive interest rates, and having easy approval processes thereby making the realization of your dream to study abroad \u200caffordable.<\/p>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1765607090604\"><strong class=\"schema-faq-question\"><strong>1.Is a co-applicant needed for an abroad education loan?<\/strong><\/strong> <p class=\"schema-faq-answer\">Most lenders would require a parent or a guardian to be the co-applicant for the security of the repayment.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1765607108215\"><strong class=\"schema-faq-question\"><strong>2. Is it possible to get a loan before university admission?<\/strong><\/strong> <p class=\"schema-faq-answer\">Yes, a conditional loan approval can be given, which will be confirmed after the admission.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1765607125879\"><strong class=\"schema-faq-question\"><strong>3. Are items such as laptops and books supported?<\/strong><\/strong> <p class=\"schema-faq-answer\">Yes, these are normally considered necessary academic expenses and included.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1765607145783\"><strong class=\"schema-faq-question\"><strong>4. Are education loans accompanied by tax benefits?<\/strong><\/strong> <p class=\"schema-faq-answer\">Yes, you can claim a tax deduction for the interest paid under Section 80E.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1765607167558\"><strong class=\"schema-faq-question\"><strong>5. May I extend my repayment period if I am unable to make the monthly instalment?<\/strong><\/strong> <p class=\"schema-faq-answer\">Most banks offer the option of flexible repayment extensions if you provide the necessary \u200cdocuments.<\/p> <\/div> <\/div>\n\n\n","protected":false},"excerpt":{"rendered":"<p>Dreaming of studying abroad but worried about the high costs? You\u2019re not alone. With&nbsp;tuition fees generally running between 15 to&hellip; <\/p>\n","protected":false},"author":8,"featured_media":1507,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,108,101,111],"tags":[24,130,33,22,104,45,28,112],"class_list":["post-1506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-overseas-education","category-sbi-education-loan","category-study-loan-for-new-zeland","category-study-loan-for-uk","tag-education-loan-abroad","tag-education-loan-for-new-zealand","tag-education-loan-for-study-abroad","tag-overseas-education-loan","tag-overseas-education-loans","tag-sbi-education-loan","tag-study-abroad-education-loans","tag-study-loan-for-uk"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.2 (Yoast SEO v23.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What Expenses Are Covered in an Abroad Education Loan? - Education Loans Blog - Empowering Dreams<\/title>\n<meta name=\"description\" content=\"Discover which expenses are typically covered by an abroad education loan, including tuition fees, travel costs, accommodation, and more. Get a clear understanding to plan your international studies effectively!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Expenses Are Covered in an Abroad Education Loan?\" \/>\n<meta property=\"og:description\" content=\"Discover which expenses are typically covered by an abroad education loan, including tuition fees, travel costs, accommodation, and more. Get a clear understanding to plan your international studies effectively!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/\" \/>\n<meta property=\"og:site_name\" content=\"Education Loans Blog - Empowering Dreams\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Eduloanslive\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-13T06:42:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-13T06:42:52+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2025\/12\/What-expenses-are-covered-in-an-overseas-education-loan.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"650\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Karan Dohale\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Live59003833\" \/>\n<meta name=\"twitter:site\" content=\"@Live59003833\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Karan Dohale\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/\"},\"author\":{\"name\":\"Karan Dohale\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#\/schema\/person\/5d2c3726f17ef1edfcea6f5bfa611173\"},\"headline\":\"What Expenses Are Covered in an Abroad Education Loan?\",\"datePublished\":\"2025-12-13T06:42:51+00:00\",\"dateModified\":\"2025-12-13T06:42:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/\"},\"wordCount\":723,\"publisher\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2025\/12\/What-expenses-are-covered-in-an-overseas-education-loan.jpg\",\"keywords\":[\"education loan abroad\",\"education loan for new zealand\",\"education loan for study abroad\",\"overseas education loan\",\"overseas education loans\",\"SBI Education Loan\",\"study abroad education loans\",\"study loan for uk\"],\"articleSection\":[\"Overseas Education\",\"SBI Education Loan\",\"Study Loan for New Zeland\",\"Study Loan for UK\"],\"inLanguage\":\"en-US\"},{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/\",\"url\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/\",\"name\":\"What Expenses Are Covered in an Abroad Education Loan? - Education Loans Blog - Empowering Dreams\",\"isPartOf\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2025\/12\/What-expenses-are-covered-in-an-overseas-education-loan.jpg\",\"datePublished\":\"2025-12-13T06:42:51+00:00\",\"dateModified\":\"2025-12-13T06:42:52+00:00\",\"description\":\"Discover which expenses are typically covered by an abroad education loan, including tuition fees, travel costs, accommodation, and more. Get a clear understanding to plan your international studies effectively!\",\"breadcrumb\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607090604\"},{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607108215\"},{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607125879\"},{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607145783\"},{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607167558\"}],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#primaryimage\",\"url\":\"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2025\/12\/What-expenses-are-covered-in-an-overseas-education-loan.jpg\",\"contentUrl\":\"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2025\/12\/What-expenses-are-covered-in-an-overseas-education-loan.jpg\",\"width\":1200,\"height\":650},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.eduloans.org\/blogs\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What Expenses Are Covered in an Abroad Education Loan?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#website\",\"url\":\"https:\/\/www.eduloans.org\/blogs\/\",\"name\":\"Education Loans Blog - Empowering Dreams\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.eduloans.org\/blogs\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#organization\",\"name\":\"Education Loans Blog - Empowering Dreams\",\"url\":\"https:\/\/www.eduloans.org\/blogs\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2024\/08\/logo_tagLineComppng.png\",\"contentUrl\":\"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2024\/08\/logo_tagLineComppng.png\",\"width\":181,\"height\":50,\"caption\":\"Education Loans Blog - Empowering Dreams\"},\"image\":{\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/Eduloanslive\/\",\"https:\/\/x.com\/Live59003833\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#\/schema\/person\/5d2c3726f17ef1edfcea6f5bfa611173\",\"name\":\"Karan Dohale\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ae2892a1ed2c989f07961078e4722240?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ae2892a1ed2c989f07961078e4722240?s=96&d=mm&r=g\",\"caption\":\"Karan Dohale\"},\"sameAs\":[\"https:\/\/www.eduloans.org\/\"],\"url\":\"https:\/\/www.eduloans.org\/blogs\/author\/karandohale\/\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607090604\",\"position\":1,\"url\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607090604\",\"name\":\"1.Is a co-applicant needed for an abroad education loan?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Most lenders would require a parent or a guardian to be the co-applicant for the security of the repayment.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607108215\",\"position\":2,\"url\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607108215\",\"name\":\"2. Is it possible to get a loan before university admission?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, a conditional loan approval can be given, which will be confirmed after the admission.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607125879\",\"position\":3,\"url\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607125879\",\"name\":\"3. Are items such as laptops and books supported?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, these are normally considered necessary academic expenses and included.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607145783\",\"position\":4,\"url\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607145783\",\"name\":\"4. Are education loans accompanied by tax benefits?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, you can claim a tax deduction for the interest paid under Section 80E.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607167558\",\"position\":5,\"url\":\"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607167558\",\"name\":\"5. May I extend my repayment period if I am unable to make the monthly instalment?\",\"answerCount\":1,\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Most banks offer the option of flexible repayment extensions if you provide the necessary \u200cdocuments.\",\"inLanguage\":\"en-US\"},\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What Expenses Are Covered in an Abroad Education Loan? - Education Loans Blog - Empowering Dreams","description":"Discover which expenses are typically covered by an abroad education loan, including tuition fees, travel costs, accommodation, and more. Get a clear understanding to plan your international studies effectively!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/","og_locale":"en_US","og_type":"article","og_title":"What Expenses Are Covered in an Abroad Education Loan?","og_description":"Discover which expenses are typically covered by an abroad education loan, including tuition fees, travel costs, accommodation, and more. Get a clear understanding to plan your international studies effectively!","og_url":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/","og_site_name":"Education Loans Blog - Empowering Dreams","article_publisher":"https:\/\/www.facebook.com\/Eduloanslive\/","article_published_time":"2025-12-13T06:42:51+00:00","article_modified_time":"2025-12-13T06:42:52+00:00","og_image":[{"width":1200,"height":650,"url":"http:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2025\/12\/What-expenses-are-covered-in-an-overseas-education-loan.jpg","type":"image\/jpeg"}],"author":"Karan Dohale","twitter_card":"summary_large_image","twitter_creator":"@Live59003833","twitter_site":"@Live59003833","twitter_misc":{"Written by":"Karan Dohale","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#article","isPartOf":{"@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/"},"author":{"name":"Karan Dohale","@id":"https:\/\/www.eduloans.org\/blogs\/#\/schema\/person\/5d2c3726f17ef1edfcea6f5bfa611173"},"headline":"What Expenses Are Covered in an Abroad Education Loan?","datePublished":"2025-12-13T06:42:51+00:00","dateModified":"2025-12-13T06:42:52+00:00","mainEntityOfPage":{"@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/"},"wordCount":723,"publisher":{"@id":"https:\/\/www.eduloans.org\/blogs\/#organization"},"image":{"@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#primaryimage"},"thumbnailUrl":"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2025\/12\/What-expenses-are-covered-in-an-overseas-education-loan.jpg","keywords":["education loan abroad","education loan for new zealand","education loan for study abroad","overseas education loan","overseas education loans","SBI Education Loan","study abroad education loans","study loan for uk"],"articleSection":["Overseas Education","SBI Education Loan","Study Loan for New Zeland","Study Loan for UK"],"inLanguage":"en-US"},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/","url":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/","name":"What Expenses Are Covered in an Abroad Education Loan? - Education Loans Blog - Empowering Dreams","isPartOf":{"@id":"https:\/\/www.eduloans.org\/blogs\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#primaryimage"},"image":{"@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#primaryimage"},"thumbnailUrl":"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2025\/12\/What-expenses-are-covered-in-an-overseas-education-loan.jpg","datePublished":"2025-12-13T06:42:51+00:00","dateModified":"2025-12-13T06:42:52+00:00","description":"Discover which expenses are typically covered by an abroad education loan, including tuition fees, travel costs, accommodation, and more. Get a clear understanding to plan your international studies effectively!","breadcrumb":{"@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607090604"},{"@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607108215"},{"@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607125879"},{"@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607145783"},{"@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607167558"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#primaryimage","url":"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2025\/12\/What-expenses-are-covered-in-an-overseas-education-loan.jpg","contentUrl":"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2025\/12\/What-expenses-are-covered-in-an-overseas-education-loan.jpg","width":1200,"height":650},{"@type":"BreadcrumbList","@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.eduloans.org\/blogs\/"},{"@type":"ListItem","position":2,"name":"What Expenses Are Covered in an Abroad Education Loan?"}]},{"@type":"WebSite","@id":"https:\/\/www.eduloans.org\/blogs\/#website","url":"https:\/\/www.eduloans.org\/blogs\/","name":"Education Loans Blog - Empowering Dreams","description":"","publisher":{"@id":"https:\/\/www.eduloans.org\/blogs\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.eduloans.org\/blogs\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.eduloans.org\/blogs\/#organization","name":"Education Loans Blog - Empowering Dreams","url":"https:\/\/www.eduloans.org\/blogs\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.eduloans.org\/blogs\/#\/schema\/logo\/image\/","url":"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2024\/08\/logo_tagLineComppng.png","contentUrl":"https:\/\/www.eduloans.org\/blogs\/wp-content\/uploads\/2024\/08\/logo_tagLineComppng.png","width":181,"height":50,"caption":"Education Loans Blog - Empowering Dreams"},"image":{"@id":"https:\/\/www.eduloans.org\/blogs\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/Eduloanslive\/","https:\/\/x.com\/Live59003833"]},{"@type":"Person","@id":"https:\/\/www.eduloans.org\/blogs\/#\/schema\/person\/5d2c3726f17ef1edfcea6f5bfa611173","name":"Karan Dohale","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.eduloans.org\/blogs\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ae2892a1ed2c989f07961078e4722240?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ae2892a1ed2c989f07961078e4722240?s=96&d=mm&r=g","caption":"Karan Dohale"},"sameAs":["https:\/\/www.eduloans.org\/"],"url":"https:\/\/www.eduloans.org\/blogs\/author\/karandohale\/"},{"@type":"Question","@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607090604","position":1,"url":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607090604","name":"1.Is a co-applicant needed for an abroad education loan?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Most lenders would require a parent or a guardian to be the co-applicant for the security of the repayment.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607108215","position":2,"url":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607108215","name":"2. Is it possible to get a loan before university admission?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, a conditional loan approval can be given, which will be confirmed after the admission.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607125879","position":3,"url":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607125879","name":"3. Are items such as laptops and books supported?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, these are normally considered necessary academic expenses and included.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607145783","position":4,"url":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607145783","name":"4. Are education loans accompanied by tax benefits?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, you can claim a tax deduction for the interest paid under Section 80E.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607167558","position":5,"url":"https:\/\/www.eduloans.org\/blogs\/what-expenses-are-covered-in-an-abroad-education-loan\/#faq-question-1765607167558","name":"5. May I extend my repayment period if I am unable to make the monthly instalment?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Most banks offer the option of flexible repayment extensions if you provide the necessary \u200cdocuments.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/posts\/1506"}],"collection":[{"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/comments?post=1506"}],"version-history":[{"count":1,"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/posts\/1506\/revisions"}],"predecessor-version":[{"id":1508,"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/posts\/1506\/revisions\/1508"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/media\/1507"}],"wp:attachment":[{"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/media?parent=1506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/categories?post=1506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eduloans.org\/blogs\/wp-json\/wp\/v2\/tags?post=1506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}