To compare student loan options for studying abroad, start by evaluating interest rates (fixed vs. variable) and repayment terms. Prioritize loans with lower rates and flexible repayment schedules.
Next, check eligibility criteria, including nationality, credit history, and enrollment requirements. Some lenders cater specifically to international students.
Compare additional fees, such as origination or prepayment penalties, which can impact the total cost. Use online loan calculators to estimate long-term expenses.
Finally, research lender reputations and borrower reviews for reliability and customer service. Consult a financial advisor if needed to align the loan with your financial goals.
