The Student Loan Process on Your ApplyBoard Application is simple if you know how to go about it. Securing funding is one of the most important parts of studying abroad. Tuition fees, living costs, travel, and other expenses can add up quickly. For many international students, an education loan becomes a practical solution.
ApplyBoard makes the process easier by allowing students to start a student loan assessment directly inside their existing application. This guide explains exactly how to begin the student loan process on the ApplyBoard platform, what happens after you apply, the eligibility criteria, estimated loan amounts, and how to get support if you need help.
Invest in Yourself: A student loan is an investment in your future success. If you dream of studying abroad, let the experts at ApplyBoard support your journey. It’s easy! Simply Fill out our registration form, Check your eligibility, Apply for the program, Get your loan sanction letter and Start your journey
Why Consider an ApplyBoard Student Loan?
An ApplyBoard Student Loan can help cover more than just tuition. It can also support living expenses such as housing, travel, utilities, food, and even electronics. In addition, a loan sanction letter can strengthen your study permit or visa application by showing that you have reliable financial support.
The good news is that you do not need to leave the ApplyBoard platform or start a completely separate process. You can request a professional loan assessment from within your application checklist. The advantages of ApplyBoard loan are:
- No collateral: That’s right. We’re rooting for you and focused on your future.
- No proof of funds: ApplyBoard believes in your success.
- Extensive expense coverage: From your student laptop to your living and travel expenses, we’ve got you covered.
- Best industry rates: Rest easy knowing you’re getting the best rates on the market—as low as at 6 percent*.
- No EMI payment period: There’s no rush. You’ll have up to 2.5 years* to get your finances in order.
- Repayment flexibility: There are no penalties if you choose to pay your loan off early.
ApplyBoard Student Loan Eligibility Criteria
Eligibility is assessed on a case-by-case basis, but here are the main guidelines:
| Applicant Nationality | Eligible Program Level |
|---|---|
| Students from India | Undergraduate and Postgraduate |
| All other nationalities | Postgraduate programs only |
Additional important points:
- You may add up to two co-signers if required by the lending partner.
- No collateral is required in many cases (depending on your profile).
- Your academic records, work experience, chosen institution, and overall profile influence approval.
- The country you want to study in and your age do not directly affect the loan amount.
You can also use the ApplyBoard Student Loan Eligibility Calculator (available under 360 Solutions → Financial Services) to get a quick estimate of your chances before starting the formal process.
Estimated Loan Amount
The loan amount is not fixed. It depends on several factors, including:
- Your academic records
- Work experience
- Entrance test scores (if any)
- Reputation of the chosen university
- Employability of the program
- Strength of your support system / co-applicant profile
General Loan amount limits:
- Without collateral, students can typically apply for loans of up to USD 100,000 (or approximately INR 1 crore).
- The final approved amount can increase or decrease based on the applicant’s and co-applicant’s profile, the program of study, and the destination country.
- Providing optional collateral (such as fixed deposits or property) can sometimes increase the loan amount and improve the interest rate.
ApplyBoard Student Loans are designed to cover tuition as well as living and travel expenses.
Step-by-Step Guide to Start your Application at ApplyBoard Loans
Follow these simple steps to get started:
Step 1: Log in to Your ApplyBoard Account
Go to the ApplyBoard website and log in to your account. Make sure you are using the account linked to your study applications.
Step 2: Open One of Your Paid Applications
Navigate to any of your paid applications. The loan option is available inside applications that you have already paid for.
Step 3: Go to the Applicant Requirements Tab
Once inside the application, click on the Applicant Requirements tab. Simply locate the Requirement then click on the Applicant Requirements tab. Look for the item specifically labeled “Apply for a Student Loan”. This section lists all the documents and actions needed for your application.
Step 4: Find the Student Loan Requirement
Look for the item labelled “Apply for a Student Loan”. This is the official entry point for starting the loan process on ApplyBoard.
Step 5: Indicate Your Interest Click Provide Answers.
A screen will appear asking you to confirm that you are interested in a student loan for this specific application.
Step 6: Submit Your Response
Select Review to save your answer. Once you complete this step, the requirement is marked as done on your checklist.
What Happens After You Submit the Request?
Once you complete the steps above:
- ApplyBoard’s financial team receives an automatic notification.
- A dedicated team member reviews your file.
- You will normally be contacted within 24 hours to discuss your eligibility and the next steps.
Need Help with Your Loan Application?
If you have questions about eligibility, required documents, or any part of the process, contact ApplyBoard support:
- Email: loans.support@applyboard.com
- Live Chat: Available directly on the ApplyBoard platform
What other information should I know about?
Tips for Success
- Keep your application details accurate and up to date.
- Have a clear idea of the total amount you need (tuition + living costs).
- Respond quickly when the loans team contacts you.
- Requesting an assessment does not force you to take the loan — it simply starts the conversation.
Starting the student loan process on ApplyBoard is straightforward. By using the built-in option inside your application checklist, you can connect with the financial team quickly and explore funding options without leaving the platform.
When you’re applying for a Canadian study permit, it’s important to show you’ve got the financial backing to support yourself during your studies.
Luckily, international students can make their study permit application even stronger by adding the trust and security of a digitally verifiable Guaranteed Investment Certificate (GIC) from RBC or TD Bank. It’s like having a reliable buddy in your corner, saving money for your Canadian study adventure!
Ready to begin your Application?
Log in to your ApplyBoard account, open a paid application, and look for the “Apply for a Student Loan” requirement today. No pressure, no obligation. Complete your form and they’ll reach out to discuss your options for an education loan to study abroad.