Types of Education Loans in India for Students

Federal student loan


Direct Subsidized Loan

Direct Subsidized Loans are available to undergraduate students who have demonstrated financial need. 

Direct Unsubsidized Loan

Direct Unsubsidized Loans are available to undergraduate, graduate and professional students. Borrowers do not need to demonstrate financial need 

Direct PLUS Loan

Direct PLUS Loans are available to graduate or professional students and/or parents of dependent undergraduate students to help pay for education expenses. 

Private student loan


Undergraduate loan

Private student loans geared toward undergraduates often come with various repayment terms and may even give borrowers a discount on their principal once they graduate school.  

Graduate loan

Private student loan lenders may offer specific student loan options tailored to graduate school, law school, medical school and business school. 

Download Higher Education books, Study Notes & More...