Busting Myths Around Studying Abroad

Pursuing higher studies in a far-off country not only opens avenues to world-class education - it also offers a treasure trove of experiences. It embellishes your CV, reflecting a higher level of adaptability, which goes down well with employers.

However, there are several myths around pursuing higher studies abroad that need to be busted. Don’t let these deter you from making your plans to study overseas and instead, let’s see why they need to be debunked.

Myth 1: A Degree from a Foreign University Does Not Hold Much Value

Employers are always on the lookout for diversity in their organisations. They recognise that cross-culture promotion is imperative for a company’s growth. As a result, they value an international degree as it reflects one’s intercultural competency, which is essential in today’s world.

Myth 2: Studying Abroad Always Costs a Fortune

It goes without saying that studying abroad costs a lot more than pursuing higher education in India. This is where an education loan from a specialist such as HDFC Credila comes in, with up to 100* finance to ensure that not only is your tuition factored in, but ancillary expenses as well, such as living and travel.

Myth 3: Higher Studies Abroad is All About Having Fun

Contrary to popular belief, while studying abroad does offer independence, as a student you must put in consistent hard work to assimilate, learn, and grow in a foreign country. With careful planning, you can balance your study schedule with your leisure time in order to optimise your stay away from home.

In conclusion

Several countries across the world attract a large number of overseas students each year. In fact, HDFC Credila, India’s First Education Loan Specialist, has provided education loans to thousands of students in 50 countries, pursuing 1800 courses across 3400 institutes. It’s therefore important that you do not downsize your dreams based on misinformation.

Instead, when it comes to funding your higher education abroad, you can turn to NBFCs like HDFC Credila. The Company offers up to 100% finance without any margin money and no upper limit on the loan amount. Furthermore, you can enjoy higher flexibility in collateral security requirements, attractive rates of interest, and tax benefits under Section 80E of the Income Tax Act, 1961

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