In our last post, we covered a lot on the scholarships available for students wishing to pursue education abroad. But that route is not always open to all. In fact, scholarships for students who wish to study abroad are often hard to come by, and competition is stiff for the few scholarships that are out there. Sometimes, even after the announcements of scholarships, the decision on who would actually get the scholarship is not taken till very late. In those cases, students are often left in the lurch. And hence, the idea of taking student education loans is also in vogue. A lot of students from India take up loans from various banks. These loans are then paid off within about 2 years after the students graduate, and take up jobs in the US. The kaalEDGE.com team did some amount of research on the issue of loans. And then we compiled a list of banks which offers students loans and also the terms corresponding to each bank. For example, did you know that State Bank of India can give you up to a maximum of Rs 20 Lakhs in loan for your higher education? HSBC can give you up Rs 25 Lakhs as education loan with property as colateral. There are many terms and conditions and a stipulated number of EMIs that go along with each loan. For more on the loan situation, we created a google spreadsheet so that everyone could view this data in a good format. Please click here to know more. You might be required to log in to your Google account before you are able to view this spreadsheet.