If i apply for education loan for Masters in IT in U.K....What percent of loan amont will be sanctioned by the bank???

Will The loan amont include only the university/college fees or it will also include my other expenses(accomadation,and food,etc)????

65 Views|Posted 2011-07-02 23:16:02

Asked by Satish Rao

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Sagarika Sharma | Guide-Level 11

2011-07-04 10:31:46

HI Satish, the bank sanctions about 75-80% of the total amount. If you are an existing customer and have good rapport with the bank then they might even sanction a 100% of the amount mentioned on the offer letter. If the additional expenses are mentioned on the offer letter then you can avail loan f