Australia Scholarships

Aid & Scholarships

Most international students study in Australia on a full fee paying basis. There are, however, students undertaking postgraduate research in areas of particular concern to Australia who may apply for an Overseas Postgraduate Research Scholarships (OPRS). There are around 300 scholarships offered yearly to students from around the world Individual universities occasionally offer scholarships or research grants for outstanding students. Australian Government has an International Postgraduate Research Scholarship (IPRS) scheme for postgraduate research students. Many Australian institutions offer their own scholarships. For details, refer to the institution’s handbooks, contact the institutions directly.


Bank Loans are easily available for higher studies anywhere in the world. Loans should be preferably taken from a Nationalised Bank. The term & condition for educational loans may vary from Bank to Bank.


All Professional/Technical job oriented courses offered by reputed Universities.

Loan amount

Maximum Rs.15 Lakhs.


For Loans upto Rs.4 Lakhs, no collateral security is required. For Loans above Rs.4 Lakhs, collateral security is required.


Course period + one year or 6 months after getting a job, whichever is earlier. The loan is to be repaid in 5-7 years after commencement of repayment.

Rate of interest

Upto Rs. 4 Lakhs-PLR Above Rs. 4 Lakhs-PLR + 1%


  • Loan application
  • Photograph, Residence proof of borrower and guarantor
  • Covering letter stating sources of owned funds
  • fee receipts or proof of payments made
  • Title Deeds of the ownership property to be mortgaged as security
  • copy of passport & Visa, if the student is going abroad for higher education and related documents
  • Income proof of the applicant in the form of last 3 months salary slip/Certificate or a copy of the last 3 years IT
  • returns filed with computation details of personal assets & liabilities.
  • Two guarantors with their latest salary Slip/certificate in case guarantor belongs to service class or latest income tax returns filed with the computation of income in case the guarantor is a businessman,
  • professional or self-employed.

Simple interest will be calculated during the Repayment Holiday / Moratorium period.