USA

Education Loans for USA Made Easy

Quickly find the best education loan options to finance your studies in USA

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Why Choose USA for Higher Education?

331,600 Indian students choose to pursue their higher education in the USA in 2023-24. This underscores the USA’s appeal as a premier destination for academic advancement. Here’s why an education loan for Indian students in the USA is a smart investment.

World-class universities with globally recognized degrees and top-ranked institutions.

Flexible education system that allows students to customize their courses.

Diverse and multicultural environment, giving students exposure to global networking.

Excellent career prospects, with top companies hiring international graduates.

Strong research and innovation opportunities that attract students who seek advanced studies

All these factors ensure that students can repay their USA education loan with ease.

Explore Education Loan Options for USA

When you plan to study in the USA, the right education loan for Indian students is important. GradRight can help you explore the best education loan options. 

Bank Name

Loan Amount

Interest Rate

Processing Time

Processing Fee

logo blured-05

Upto 1.5Cr

10.25% - 12.5%

Secured: Up to 3 weeks Unsecured: Up to 1 week

0.75% - 1.25%

logo blured-02

Upto 1.5Cr

10.5% - 13%

Secured: Upto 3 weeks Unsecured: Upto 1 week

0.75% - 1.25%

logo blured-13

Upto 85L

11% - 12.75%

Upto 1 week

0.75% - 1.25%

logo blured-01

Upto 1Cr

11.25% - 12.75%

Secured: Up to 3 weeks Unsecured: Up to 1 week

0.75% - 1.25%

logo blured-17

Upto 75L

11% - 12.75%

Secured: Up to 3 weeks Unsecured: Up to 1 week

0.85% - 1%

FR_LOGOS-02

Upto 1Cr

10.75% - 12.5%

Secured: Up to 3 weeks Unsecured: Up to 1 week

0.75% - 1%

logo blured-08

Upto 3Cr

9.25% - 12.5%

Secured: Up to 3 weeks Unsecured: Up to 1 week

0.75% - 1%

logo blured-07

Upto 1Cr

9.5% - 12.5%

Secured: Up to 3 weeks Unsecured: Up to 1 week

0.75% - 1%

logo blured-20

Upto 75L

11.25% - 12.5%

Secured: Up to 3 weeks Unsecured: Up to 1 week

0.75% - 1%

logo blured-04

Upto 1.5Cr

9.25% - 12.5%

Secured: Up to 3 weeks Unsecured: Up to 1 week

0.75% - 1%

FR_LOGOS-03

Upto 1.5Cr

8.25% - 11%

Secured: Up to 3 weeks Unsecured: Up to 2 weeks

Secured: Rs. 20,000 Unsecured: Rs. 10,000

logo blured-15

Upto $220k

8.47% - 13.5%

Automated process

500 USD + 4%

logo blured-11

Upto $100k

9.5% & 9.99%

Up to 1 week

1% + 2%

logo blured-02

Upto $100k

10.5% - 12.75%

Up to 1 week

200 USD + 2%

logo blured-14

Upto $100k

9.99% - 14.99%

Automated process

6.50%

Education Loan Eligibility Criteria For Studying in the USA

Indian citizenship with confirmed admission to a US university.

Age between 18-35 years at the time of loan application.

Good academic record as per lender requirements.

Co-applicant required (parent/guardian) for most loans.

Collateral may be needed for higher loan amounts.

USA Education Loan: Documents Required

Frame 1000005248@2x

Education Loan Repayment Terms and Other Considerations

Interest Rates

Education loan interest rates for the USA vary based on the lender, collateral, and loan type. This affects the overall education loan repayment amount.

Moratorium Periods

The loan repayment for Indian students in the USA usually starts after a grace period. The moratorium period usually covers the course duration and 6/12 months after that.

Tax Benefits

Interest paid on an education loan to study in the USA qualifies for tax deduction under Section 80E of the IT Act.

Hear from Students Who Secured Their Loans through FundRight

200,000+

student assisted

₹16,300 crore

loan requests processed

₹2,000 crore

disbursed in loans

Get the best education loan with GradRight.

Frequently Asked Questions

How much student loan can I get for studying in the USA?

The amount of USA education loan you can get depends on a few things, like:

  • The university you pick
  • The course or program you’re signing up for
  • Your co-applicant’s financial situation (if you have one)
  • The value of any collateral you put up (if needed)
  • The lender’s own rules

Usually, Indian banks can give you loans up to ₹1.5 crore. NBFCs and private lenders typically offer between ₹50 lakh and ₹1 crore for Indian students heading to the USA.

Yes, as an Indian student, you can totally get a student loan in the USA. You can apply to USA-based lenders, but you’ll need a co-signer who lives in the USA and has a solid credit history. Or, you can check out international loan providers like MPOWER Financing and Prodigy Finance. They give education loan for MS in the USA without asking for a co-signer or collateral.

To get an education loan for Indian students in the USA, try GradRight’s loan-bidding platform.

Here’s what you need to do:

  • Enter your info, like your university, course, and financial details.
  • Within 48 hours, a bunch of lenders (banks, NBFCs, and international ones too) send you loan offers tailored just for you.
  • Check out the interest rates, repayment terms, and perks.
  • Pick the one you like best and finish up with that lender.

GradRight helps you save time and find great loan options for your USA studies.

How much would a $30,000 student loan cost per month?

Your monthly payment for a $30,000 education loan in the USA for Indian students depends on the interest rate and repayment period.

If you go for a shorter time (like 5 years), your monthly cost will be higher. If you stretch it out (say 15-20 years), the monthly amount drops, but you’ll pay more interest overall. Want a precise number? Check out GradRight’s education loan calculator.

How long you get to repay a student loan depends on who’s lending and what type of loan it is.

  • Indian banks usually give you 10 to 15 years.
  • NBFCs offer repayment periods of 10 to 12 years.
  • American lenders might let you take anywhere from 5 to 20 years.

Use a comparison tool to enter your loan amount, tenure, and rate preferences. You’ll see multiple education loans USA offers side by side—Indian bank loans, US education loan options, and NBFC plans. Filter by lowest EMI, interest rate, or prepayment flexibility to pick the right one.

For an education loan for a master’s in USA, lenders look at your admit letter, program duration, and fees. They often require a co-applicant with strong credit. Interest rates for a student loan for an MS in the USA can be slightly higher than undergraduate loans, so check each offer carefully.

An education loan in USA from an Indian bank uses domestic benchmarks like MCLR and may require collateral. A student loan to study in USA from a US private lender ties rates to US indices and often needs a US-based co-signer. NBFC and international lenders blend both models, offering hybrid terms.

Asakti Dev - Reportees

himanshu ramola

Himanshu Ramola

Student Success Manager-FR

aashima

Aashima

Associate, Student Loan Advisor

shubham khandelwal

Shubham Khandelwal

Associate, Student Loan Advisor

naushad ahmad

Naushad Ahmad

Manager, Student Success-FR

ayushi ranjan

Ayushi Ranjan

Senior Associate, Student Advisor

naveen kumar

Naveen Kumar

Senior Associate, Student Loan Advisor

poojitha

Poojitha

Senior Associate, Student Advisor

rahul yadav

Rahul Yadav

Associate, Student Loan Advisor

sanjeev kumar singh

Sanjeev Kumar Singh

Manager, Student Success-FR

kottana kusuma

Kottana Kusuma

Associate, Student Loan Advisor

kumari garima 1

Kumari Garima

Assistant Manager, Student Loan Advisor

mohit shrimali

Mohit Shrimali

Associate, Student Loan Advisor

peddinti keerthana

Peddinti Keerthana

Senior Associate, Student Loan Advisor

shivam agarwal

Shivam Agarwal

Manager, Student Success-FR

piyush saxena

Piyush Saxena

Associate, Student Loan Advisor

samiksha rai

Samiksha Rai

Associate, Student Loan Advisor

vandana uniyal

Vandana Uniyal

Associate, Student Loan Advisor

Bikramjit Chakraborty - Reportees

pasala subhashini

Pasala Subhashini

Associate, Student Loan Advisor

priyanka pedduappari

Priyanka Peddauppari

Associate, Student Loan Advisor

satti vivek reddy

Satti Vivek Reddy

Associate, Student Loan Advisor

subha biswas

Subha Biswas

Manager,Student Success-FR

anitra roy

Anitra Roy

Associate, Student Loan Advisor

reshab barman

Reshab Barman

Associate, Student Loan Advisor

vysyaraju sashank kumar raju

Vysyaraju Sashank Kumar Raju

Assistant Manager, Student Loan Advisory

abhijit saikia

Abhijit Saikia

Manager, Student Success-FR

maniteja mudanga

Maniteja Munaga

Associate, Student Loan Advisor

podila bhavani

Podila Bhavani

Associate, Student Loan Advisor

thumma mahitha

Thumma Mahitha

Associate, Student Loan Advisor

Jayesh Rao - Reportees

varun sharma

Varun Sharma

Manager, Student Success - FR

ayushi singh

Ayushi Singh

Associate, Student Loan Advisory

himanshu verma

Himanshu Verma

Student Success Manager-FR

ankit thakur

Ankit Thakur

Associate, Student Loan Advisory

archana jain

Archana Jain

Assistant Manager, Student Loan Advisory

Pranav Prabhu - Reportees

angad singh chaudhry

Angad Singh Chaudhry

Manager, Student Success-FR

bhukya renuka bai

Bhukya Renuka Bai

Senior Associate, Student Loan Advisory

archith siddoju

Archith Siddoju

Regional Business Head

kondengala yogesh

Kondengala Yogesh

Manager, Student Success-FR

a rana sai reddy

A Rana Sai Reddy

Associate, Student Loan Advisory

prabhanjan shivva

Prabhanjan Shivva

Senior Associate, Student Loan Advisory

thutta hem durgish

Thutta Hem Durgish

Senior Associate, Student Loan Advisory

mohammad khaja muzammil

Mohammad Khaja Muzammil

Manager, Student Success - FR

nikhil kumar

Nikhil Kumar

Associate, Student Loan Advisory

nishitha dorepally

Nishitha Dorepally

Senior Associate, Student Loan Advisory

ravina ketini

Ravina Ketini

Senior Associate, Student Loan Advisory

Tanya Popli - Reportees

ganapavarapu kumar

Ganapavarapu Kumar

Manager, Student Success - FR

naviya r

Naviya R

Associate, Student Loan Advisory

shashank penugonda

Shashank Penugonda

Senior Associate, Student Advisory

shilpa kumari rawal

Shilpa Kumari Rawal

Senior Associate, Student Loan Advisory

syed waseem sajjad

Syed Waseem Sajjad

Associate, Student Loan Advisory

rajat kapoor2

Rajat Kapoor

Manager, Student Success - FR

aditi mohapatra

Aditi Mohapatra

Associate, Student Loan Advisory

geetika sharma

Geetika Sharma

Associate, Student Loan Advisory

Abhishek Raj - Reportees

yadvendra chauhan

Yadvendra Chauhan

Data Research Associate

harshit kumar

Harshit Kumar

Data Research Associate

suravi parik

Suravi Parik

Data Research Associate

Abhishek Anshu - Reportees

harsh ahuja

Harsh Ahuja

Software Engineer_FE

namrata nadgauda

Namrata Nadgauda

SDET

Ayushkumar

Ayush Kumar

OJT_Tech

SarthakArora

Sarthak Arora

SDE-2 Fullstack

prakhar shukla2

Prakhar Shukla

SDE-2 Fullstack

Dheeraj scaled

Dheeraj Shukla

QA Engineer

Krishnakant Nokwal- Reportees

Harshita scaled

Harshita Jajani

Product Design

Vardan Mishra - Reportees

Daksh

Daksh Bana

Product Associate

Vishnu - Reportees

ajay sunil kharade

Ajay Sunil Kharade

QA Specialist

chetty vivek

Chetty Vivek

SDE-1 Fullstack

debmalya bhattacharya

Debmalya Bhattacharya

Software Engineer_FE

lavanya gunnam

Lavanya Gunnam

SDE-1 Backend

Nandan Singh Danu- Reportees

arka ghosh

Arka Ghosh

Assistant Manager, Admin and Operations

Vivek Kumar Srivastava - Reportees

dadi pratushan

Dadi Pratushan

Associate, B2B Partnerships

hemanth k b

Hemanth K B

Sr. Associate, B2B Partnerships

sairam gottipalli

Sairam Gottipalli

Sr. Associate, B2B Partnerships

shobhit jindal

Shobhit Jindal

Sr. Associate, B2B Partnerships

Tuheena Raj - Reportees

kshama

Kshama

Brands and Communications

Tarang Mohin - Reportees

sarthak prakash

Sarthak Prakash

Brands and Communications

Mayank Kumar Bothra - Reportees

esha sharma

Esha Sharma

Lending Partnerships

Team - Talent Management

kale veera vanitha

Kale Veera Vanitha

Manager, Student Success - SR

arvind singh rajpurohit

Arvind Singh Rajpurohit

Program Manager, Student Success - SR

manish madanwad

Manish Madanwad

Program Manager, Student Success - SR

akula akshay

Akula Akshay

Senior Growth Associate - SR

bhargavi mopidevi

Bhargavi Mopidevi

Growth Associate - SR

bhagyalaxmi sahoo

Bhagyalaxmi Sahoo

Senior Growth Associate - SR

asv siddhartha

A.S.V. Siddhartha

Manager, Student Success - SR

saikiran g 1

Saikiran G.

Senior Growth Associate - SR

lavanya swaero

Lavanya Swaero

Growth Associate - SR

Team - Talent Management

asakti dev

Asakti Dev

Assistant Vice President Growth

bikramjit chakraborty

Bikramjit Chakraborty

Manager, Student Success-FR

jayesh rao

Jayesh Rao

Manager, Learning & Development - FR

pranav prabhu

Pranav Prabhu

Manager, Student Success-FR

tanya popli

Tanya Popli

Manager, Student Success-FR

Team - Talent Management

gautam sahni

Gautam Sahni

Motion Graphic Designer

caliph adam faredie

Caliph Adam Faredie

Senior Manager Communications

raghav bansal

Raghav Bansal

Graphic Designer

nidhi mehra

Nidhi Mehra

Graphic Designer

paras thappa

Paras Thappa

Senior Designer UI/UX

rajat malik

Rajat Malik

Associate Producer

atul s lal

Atul S Lal

Motion Graphic Designer

harshita chaudhary

Harshita Chaudhary

Digital Ad Copywirter

PiyushAgrawal

Piyush Agrawal

Digital Ad Copywirter

Team - Talent Management

adit sean obrian

Sean O'Brian

International Growth & Strategy

sayaka ono idris

Sayaka Ono Idris

Associate, International Growth and Development

Team - Talent Management

abhishek raj

Abhishek Raj

Senior Business Analyst

abhishek wunnava

Abhishek Wunnava

Product Manager

Anshu

Abhishek Anshu

Tech Lead

nischal polishetty

Nischal Polishetty

Production Support Engineer

prankul

Prankul

Product Design

kk

Krishnakant Nokwal

Product Design

umesh podapati

Umesh Podapati

Salesforce Developer

vardan mishra

Vardan Mishra

Mishra Product Manager

vishnu 1

Vishnu

Tech Lead

shubham jangid

Shubham Jangid

Consultant SDE-2 FE

prakash maurya

Prakash Maurya

Consultant SDE-2 BE

Ashutosh scaled

Ashutosh Kumar

Consultant SDE-2 BE

Garima

Garima Mangla

Consultant SDE-2 BE

Team - Talent Management

dikshita das

Dikshita Das

Assistant Manager, Talent Management

nandan singh danu

Nandan Singh Danu

Deputy Manager Admin

rajeev kumar singh

Rajeev Kumar Singh

Manager, Admin and Operations

kavya devanaka

Kavya Devanaka

Talent Management Trainee

Patrali Pic

Patrali Mukherjee

Assistant Manager, Talent Management

Team - Growth

hasil

Hasil

Lead, Domestic Partnerships

anandhu mohan

Anandhu Mohan

Manager, Domestic Partnerships

arindam banerjee

Arindam Banerjee

Assistant Manager, Digital Marketing

vivek kumar srivastava

Vivek Kumar Srivastav

Lead, Domestic Partnerships

akansha dagar

Akansha Dagar

Senior Designer, UI/UX

akash borah

Akash Borah

Associate, Performance Marketing

ajeet kumar

Ajeet Kumar

Associate, Digital Marketing

nirmit ahuja

Nirmit Ahuja

Community Associate

ChaturvediAbhishek

Abhishek Chaturvedi

Manager-Domestic Partnerships

Team - Finance and Accounts

pushkar kumar

Pushkar Kumar

Senior Associate, Finance and Accounts

tripti rani

Tripti Rani

Accounts Executive

Ajay Goswami

Ajay Goswami

Manager-Finance and Accounts

Manish Kumar

Manish Kumar

Assistant Manager-Finance and Accounts

Team - General Management

ananya kommera

Ananya Kommera

Manager,Brand Communication Design

tuheena raj

Tuheena Raj

Senior Manager,Brands and Communications

tarang mohin

Tarang Mohin

Senior Manager, Brands and Social Media

priyanka aggarwal

Priyanka Aggarwal

Senior Account Manager, University Partnerships

sanchit panwar

Sanchit Panwar

Account Manager, University Partnerships

nakul dixit

Nakul Dixit

Account Manager, University Partnerships

parth kaura

Parth Kaura

AVP, Corporate Strategy and Planning

surbala k

SurBala K

Manager, International Partnerships

alana sobleman

Alana Sobelman

Brands and Communications

Provider

Title and Desc

HDFC

ICICI

Team - Talent Management

Rectangle 24199

Monoj D S

Deputy Manager,Student Engagement FR

yash

Yash Kumar Goyal

Manager, Lending Partnerships

mayank

Mayank Kumar Bothra

Assistant Manager,Lending Partnerships

shoaurya gupta

Shaurya Gupta

VAS Partnership

manish

Manish Jain

Manager,VAS Partnership