Can you suggest if depending completely on loan with no other financial backup would create a negative impact on my Australian study visa?
I have received an unconditional offer letter from Swinburne University. However, to fund my studies I have to totally depend on study loan.
Asked by Manali Bagadia
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1 Answer
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Answered by
Satish Prabhu Center Director at IMPEL Overseas Consultants | Contributor-Level 10
7 years agoDear Manali,
At the outset let me congratulate you on having received an offer letter from a very good University. To avail a loan you have to deposit some margin money and also provide collateral, hence it means you are financially strong asset wise but do not have liquid cash and no depending only on loan does not have a negative impact, in fact it is suggested that student loan is the best option as the visa officer is 100% clear about source of funding and does not have to suspect the origin of the money, also save you the headache of showing 6 month old funds.
All the best.
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