Education Loan for US studies in less than 5 minutes

by admin | In In The News | 15 October 2015 | Updated on: April 17th, 2023

Education Loan for US studies in less than 5 minutes

Indore (RNN). “Dreams of studying abroad can be fulfilled within a mere 5 minutes. Students don’t need to put themselves through the onerous task of acquiring loans from banks. This process can be completed online and without the need for any collateral or requiring a co-signer.” These are the words enthusiastically uttered by the director of The Globalizers, an education consultancy that focuses on placing students in universities abroad.

The Globalizers has developed an exclusive partnership with MPOWER Financing in order to provide loans of up to $25,000 annually to high-potential undergraduate and graduate students. Students planning to study in the U.S. face many difficulties in getting their loans approved from banks. Because of this reason, many students fail to pursue their dreams of studying at top universities around the world. Mr. Aman Jain, who’s currently leading MPOWER into the East Asian region, experienced this precarious financial situation when he was planning to pursue his masters. With this in mind, MPOWER has decided to simplify the current system so that no other student has to put himself or herself through such a difficult situation.

Getting Loans on basis of merit

The Globalizer’s director, Mr. Prashant Hemnani, said that “students get admissions into their dream universities easily but getting loans to pay for their admission is where everything gets messy. Many students abandon their dreams of studying internationally due to such reasons. But now what will matter is a student’s qualification and the university into which they secure admission, not their family’s financial status. Students are empowered to pursue their dreams based on their academic and career potential. The process takes merely 5 minutes for a student to find out if they are eligible for the loan or not. If the student qualifies for a loan, the required amount is received by their university as soon as 10 days from the day they applied.”

Study, forget about the money

When looking to study abroad, students have to prepare for their studies as well as the admissions process. This includes becoming familiar with different banks and the advantages and disadvantages of each bank loan. That unnecessary ritual is not required anymore. Students can focus on their studies without worrying about being able to afford college. Many examples of students failing to get their loans approved took place this year during the Fall admission process, but fortunately, MPOWER was able to lend to 8 of The Globalizers’ students, after carefully reviewing their career and academic standing.

 

Education Loan by MPOWER for U.S. studies without any Collateral

Indore. The Globalizers has reserved an exclusive partnership with MPOWER financing in order to provide loans of up to $25,000 annually to high-potential undergraduate and graduate students. You can apply online without requiring collateral or a co-signer and acquire a 3 or 10-year loan term. Students planning to study in the U.S. face many difficulties in getting their loans approved by banks and because of this reason many students fail to pursue their dreams of studying at top universities around the world. Mr. Aman Jain, who’s currently leading MPOWER into the East Asian region, explains how he experienced this precarious financial situation when he was planning to pursue his masters. With this in mind, MPOWER has decided to simplify the current system so that no other student has to put himself or herself through such a difficult situation.

Students can apply for a loan after receiving an I-20 from their universities. The application process and loan disbursement can take as little as 10 days. Many examples of students failing to get their loans approved took place this year during fall admissions, but fortunately, MPOWER was able to finance several of these students. The Globalizer’s director, Mr. Prashant Hemnani, gave a surprising example of Aman Chanana, one of the students using The Globalizer’s service Though being a highly qualified student, Chanana, could not get his loan approved from any of the Indian Banks, but luckily MPOWER was able to approve him for a loan to study in the U.S.

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2 Comments

  1. Pushpendrasinh Devdahra says:

    Please provide details. My son is going to take his higher study Masters at US.

  2. Lam To Sang says:

    Superb idea, I’m thinking for the same like taking loan for education purpose. I really appreciate it for sharing as this article is very helpful 🙂

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