Private education loan
The NBFCs primarily offer an education loan for students pursuing any of the STEM courses i.e Science, Technology, Engineering and Mathematics courses at the host country. They offering to fund to a non-STEM course is rare.
Host countries eligible for private education loan includes the top 5 destinations where students opt to study abroad- US, Canada, Germany, Ireland, and Australia. Well ranked and top universities in other countries are also eligible on a case to case basis.