How Much Loan Can I Get from a Student Loan?

The loan amount depends on several factors:

• Course and Institution: Loans often cover tuition fees, living expenses, and study materials, with limits varying by course type and college.
• Lender Policies: Different banks or financial institutions have maximum loan limits, often ranging from a few lakhs to crores depending on the program.
• Creditworthiness: Your or your co-applicant’s income, credit score, and repayment capacity influence the loan amount sanctioned.
• Collateral: Some loans require collateral for higher amounts, while others offer unsecured loans up to a certain limit.

Using a student loan calculator can help estimate the loan amount you might qualify for based on your financial details and course costs.