Yocket’s Grad School Finder is tool specially designed for Yocket users. You can enter your prefered course, academic details, exam results, essay and extra curricular ratings and get a specially curated list of universities for your profile.Read More
Our developers here at Yocket have worked especially hard to come up with this feature. We use big data and artificial intelligence to help predict the chances of you getting an admit from a university for a particular course. You can use this feature along with our grad school finder or click on the course of your choice on the University’s review page!Read More
This feature can be used to compare two or more universities. It displays comparisons based on Cost of studying, Scholarships, Weather, Location, Ranking, and so much more!!.Read More
Given is a set of universities, third parties and government institutions that offer scholarship opportunities to international students wanting to pursue their studies abroad.Read More
The Undergrad College Finder is a great way to commence your journey to your dream University for your Bachelors. You just have to enter your Test Scores (SAT/ACT scores, average of your scores in High School) and fill your Academic Profile (name of the Board and latest Institute attended) and thereafter get a specially curated list of the 12 Universities for your profile, classified under Ambitious, Target & Safe.Read More
You can register online or by phone or by mail. The detailed information about registering for the GRE can be found at www.yocket.in
Extracurriculars are always an add-on to your profile. Any achievements at the state or national and international level are considered important. Working for social causes such as for an NGO or charity trusts on a regular basis
It can be a daunting task to plan your education abroad. Especially planning ‘How to finance your study abroad?’ Let us warn you that studying abroad is not at all cheap. Deciding the right timeline for loan application can be complicated. Don’t Worry! We are here for you. We will help you in getting the right loan and the rate of interest. No doubt that this needs a lot of research work to be done. Therefore, to help you with your loan application we have listed down a few Frequently Asked Questions.
It’s one among those life questions where even google can’t guide you properly but we’ve cracked it. Most students / parents are often faced with this situation; as to what process needs to be tackled first – the admission or the education loan? Most banks require an admit before sanctioning your education loan i.e. granting the approval letter. Also, most of the universities prefer students with assured funding. Many universities do not grant much time for tuition fee payment post rolling out the admits, which often leaves very little time for loan application and processing. Hence, making you run around for the funds at the last minute. However, with Education Loan providers like InCred, HDFC - Credila and Avanse they allow you to process and sanction the loan even before you receive an admit. You can apply to these loan providers via Yocket Loan Assistance.
With this hassle-free process, it allows students and parents to know of their loan eligibility in advance.
Every student aspires to join a certain university and course. However, many them just drop the idea of pursuing the course in a certain country or in a certain university due to lack of funds needed to pay for the higher education.
At Yocket, we assist you choosing the impeccable loan provider suited for your needs. This enables the students to pursue their dreams by making the funds easily available to them even before they start applying to the universities. When you are well aware of the funds that you can get even before you start university application process, you don't have to downsize their dreams!
Also, be assured that our partnered NBFC (Non Banking Financial Company) providers will offer you the sanction letter before you receive an admit. This helps applicants in getting favourable response while applying for I-20s as some Universities prefer solvency along with the application form. Secondly, you will know your eligibility right away so that you can plan your finances accordingly.
To get admission to the US Universities and inorder to get I-20 for US Visa, Availability of Liquid Funds to complete the course needs to be demonstrated. Our loan advisers will help you out with Education Loan Sanction Letter before admission so that you have enough of liquid funds available.
Yes. You can apply for an education loan before receiving an admit from any University. You can check your eligibility on Yocket Loan Assistance. If your case is approved, you will get a conditional loan sanction letter. This helps many students get confidence that their funds can come from the sought financial sources. Students and parents feel confident to apply for better universities, without worrying about how to fund the education abroad.
Usually, middle-income group people opt for an education loans. They apply due to following reasons -
Collateral requirement depends on various factors such as -
Yocket is a student community. We have a vision where no student is deprived of pursuing their higher education due to lack of funds. Therefore, we have partnered with various banks, NBFC’s (Non-Banking Financial Company) and other lenders as well to help students. Generally banks will always demand something as collateral from you which should be parallel in valuation with the Loan Amount. With Yocket, you can get your loan sanctioned without collateral.
In general, all banks offer a competitive rate of interest on education loan. So how do you select the right bank for youself? Well every bank has its own pros and cons. So reseach a lot and thoroughtly!
Most of the banks need something as collateral for education loan. This can be a burden on a you if you are unable to provide a collateral and are just one step away from your dream university.
Also, banks demand a huge percentage of margin money from students, which generally revolves around 10% to 25% of the total loan amount. For many families it can be a troublesome considering the high cost of education.
Next follows speed at which the banks process your education loan. Sometimes there can be a delay in the process for successful sanctioning of your loan which in return can waste your valuable time. We recommend you to go for services offered from private lenders and NBFC’s as their process is faster and they give quick decisions. Therefore, there no harm in exploring options.
It is very necessary to get a low rate of interest on your loan amount as once you start repaying it, you will realise that even 1% of difference can sum upto lacs when the repayment tenure starts. Getting an education loan that suits your profile the best along with low rate of interest can be all confusing but it is easy with Yocket Loan Assistance. Our loan advisers will help you with the best education loan based on your profile. We always recommend our students to apply for at least 3 financial institutions for the best education loan. When you apply to multiple loan providers, only then can you compare the interest rates; and decide which suits you the best.
It is indeed natural that premier foreign universities provide for better employment opportunities. Hence, lesser risk for the education loan lending institution which results in a low interest rate offering.
Lending organizations decide loan eligibility on the basis of -
Generally students do not have a source of income, so they take the support of a co-borrower or guarantor for their loan application. A co-borrower/ guarantor mitigates the risk for the loan provider giving you the loan.
Your parents / sibling / close relative can be your co-borrower during your loan application.
However, following a detailed evaluation of your case by any financial organization might need a few more documents.
Education loan interest varies from case-to-case based on student profile. Generally it ranges from 9.85 per cent to 14 per cent.
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