Financial Assistance

Financial Assistance for Abroad Education

Money plays an important role in supporting your dreams of getting into an overseas college/university. At SwiftFord, our counselors, and faculty members will thoroughly help you to apply for education loans. Our faculty members will help you to know numerous sorts of policies concerning overseas education. Pursuing overseas education genuinely costs a lot, and one has to eventually look from the kind of background he/she comes from. Well, apart from the main course program fees, you also have to manage the accommodation, food, traveling, etc.

And all these are genuinely a matter of concern, but by enrolling with us, you will get an overall idea of your whole finance, and we will eventually help you to plan it in advance. Not only this, but we will also assist you in securing financial aid by assisting them to apply for private loans, approach funding organizations, and work with them on their budgets and overall college fee transactions.

Assistance for bank loans for students studying abroad
Assistance for communicate with banks for loan issues
Assistance for providing the required papers for getting loans from banks

Why do you need financial assistance?

Money is a matter of concern when it comes to establishing your career in a totally foreign land. You have to keep a lot of things in mind before even investing in it. You need to plan prior concerning your accommodation, food, and other basic expense as well. And Swiftford will thoroughly help you acquire capital for your basic expense.

  • Swiftford will help you know about different ways of funding.
  • With the support of Swiftford, you will be able to acquire an education loan directly.

How Swiftford will assist you with the Financial Assistance process?

  • We will help you in arranging educational documents for applying for a loan.
  • Our faculty members will also guide you concerning scholarship, and lower rate courses in your desired foreign college/universities.
  • We will bestow you with qualitative training, that will enhance your resume as well.
  • We will thoroughly assist you in planning your expenses prior.

We’re here for you

When a student dreams to go abroad for higher education with/ without scholarship, he has to think about the financial matters. The matters like tuition fee, accommodation expense, food expense, clothing cost, convenience cost, etc. should be considered seriously. These costs vary for many reasons depending on the university, course, duration, country, etc.

So, the financial assistance for higher education is very important for a student who knows nothing at the beginning stage. Swiftford student consultancy firm is one of the best education consultancy firms in Nepal. Any students can go there to get the basic financial needs so that he can get prepare for the real war.

Eligibility Criteria

There are some criteria that a student has to satisfy to be able to apply for education loan for abroad studies.

  • The student should be an Nepalese citizen.
  • The student should be over 18 years of age. If otherwise, the loan will have to be taken in one parent’s name.
  • The applicant must have a sound academic record.
  • The student should have already secured admission in a foreign university (recognized) for a legitimate course.
  • The course should be a technical/professional one. The chances of obtaining a student loan in such cases are higher.

Documentation Requirements for Student Applicants

Whereas the formalities are different for various banks when applying for an education loan for abroad studies, below are the documents that have to be submitted anyway when applying for the loan. These documents have to be disclosed along with the filled up loan application form.

Personal identification records
  • 2 Passport-size photographs of the applicant
  • Photo identification & age proof of the applicant: this can be the PAN card, Citizenship, Aadhar card, Passport, Driving License, or Voter id card.
Residence Proof
  • Proof of residence of the applicant
Academic records
  • Mark sheets/Certificates of the applicant
  • Secondary (10th)/Senior secondary (12th) examination result
  • Graduation result
  • Score Report of the entrance exam through which admission to the course has been secured such as GRE/GMAT/IELTS/TOEFL, etc., whichever is applicable
Admission Proof
  • Letter of admission for the specific course from the university; in case of universities abroad, a conditional letter of admission may also be sufficient
Statement of costs
  • The schedule of expenses including the cost of the course has to be submitted.
Personal identification records
  • 2 Passport-size photographs of the co-applicant
  • Photo & identification of co-applicant: this can be the PAN card, Citizenship, Passport, Driving License, or Voter ID card.
Residence Proof
  • Proof of residence of the co-applicant: Telephone/Gas/Water/Electricity Bill/Driving License/Passport (any one of these will do)
  • Loan Account statement (last 1 year) in case of any previous loans from banks/other lenders
Income Proof
  • Proof of income such as salary slip (last 3 months) or a copy of Form 16/IT returns (2 years) of the co-applicant
Account Statements
  • Bank statements of the co-applicant for the last six months
  • Salary slip (last 3 months)
  • IT returns (2 years)
  • Account statement ( 6 months)
  • Business address proof
  • IT returns (2 years)
  • TDS certificate (Form 16A)
  • Account statement ( 6 months)
  • Qualification certificate (For Doctor/C. A./Engineer and other professionals)
  • Original sale deed
  • Prior deed (Back document)
  • Latest land tax receipt from village office.
  • Latest possession certificate from village office.
  • Latest location sketch & certificate from village office.
  • Latest Building tax receipt.

Get in touch with us and see how we can assist you