Monthly Archives: December 2015

Education loans to fund your study abroad dreams

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With well informed parents and children settling for nothing short of best education, the number of students embarking on overseas studies is increasing day by day.  With the stellar growth experienced in the country in the last few years coupled with technological changes and growth of the internet, top notch universities/ institutions around the globe are closer than never before. It is a common sight to see scores of students, visiting seminars venues and overseas education expos accompanied by their parents, with palpable excitement of finding a course abroad that fits their Interests and aspirations, which they sadly miss in Indian universities and colleges.

However it is observed that, many students, who seem highly positive about embarking on abroad studies, drop their plan when the stage comes for raising money.  Though higher education   does not come cheap by any means, considering this as a long term investment with high returns and relatively easy availability of education loans there is no point why one should end his /her overseas education dream for the paucity of Funds when one can avail education loan up to 25 lakhs for financing their education abroad.

The main hindrance observed here is the lack of information or misinformation regarding the process involved in securing education loans.  Banks have a well defined criterion for sanctioning loans and knowing about them can reduce your effort by at least half. The first things is with regard to the eligibility criteria, which stipulates that

  • The student seeking educational loan should be Indian national.
  • The student should have secured admission to professional/ technical course through entrance test /selection program.
  • The student should have secured admission to foreign university/institution.

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Documents required for applying for an education loan includes

  • Signed and completed Application form,
  • PP size photographs, Photo-ID of the co-applicant if any,
  •  Residence proof of the applicant and co-applicant
  • Academic documents of the student
  •  proof of admission to the course/scholarship/foreign exchange permit,
  • Estimation of expenditure of entire period of study and financial documents which include 8 months bank statement of the applicant and co-applicant, Income proof, proof for collaterals – Immovable property (flat, House, Non-agricultural land, etc

It is always ideal for students to avail Education loans from nationalized banks which are recognized by the Immigration Authorities in countries like UK, Canada, New Zealand etc. The loans are offered with a moderate interest rate allowing enough time to pay back (normally over a period of 5 to 7 years) after one year of studies or six months of getting employed, based on various factors and subject to providing securities equivalent to the amount available

Your trusted overseas education consultant, Santa Monica Study Abroad have special arrangements with Banks to support students in facilitating the preliminary documentation and ensuring a timely and hassle-free loan disbursement. Santa Monica has set up a Special helpdesk for students seeking Bank Loan assistance to guide the students appropriately regarding the procedures and documentation required for availing bank loans for education. Reach us on 0484 -4140999 to know more

* The details in the blog pertaining to eligibility criteria and documents required are to be taken as a general rule followed by the banks and are subject to change from bank to bank and from time to time.


Europe – Explore Infinite opportunities



 Europe that extends from the Arctic Circle to the coast of Africa is a truly diverse and multicultural region, with a rich academic history spanning thousands of years. With over 4,000European universities and colleges to choose from, there will be a European course to suit your needs. In the QS World University Rankings® 2015/16 a total of 338 European Universities featured within the world’s top 800 (roughly 42%). Europe has developed a quality assurance scheme, covering all European higher education courses. European degrees are great value for money – tuition fees and living expenses are very reasonable, in ternational scholarships are widely available.

There are endless choices from highly ranked research universities to smaller, specialized European colleges that give you an education that employers around the world will really value and respect .European countries have  their own individual higher education system– but all are part of the European Higher  Education Area (EHEA).Qualifications  across Europe are comparable through the  European Qualifications Framework. Diverse range of higher education study programmes are on offer across Europe –Most higher education study programmes have a ‘modular’ structure. This means that you can build a personalized programme by choosing several different modules or units of study each year from a wide selection.


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Europe has a long history of engineering Europe was the birthplace of the industrial revolution over 200 years ago, the past decade has seen huge levels of expansion in the more modern elements. Many European universities are fast emerging as excellent institutions for computer and electronic engineering as well as offering highly competitive tuition fees and low costs of living. Excellent programs are available for students who are looking for undergraduate and post graduate studies


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Europe is fast turning in to one of the most sought after region where medicine education is not only economical; the entrance requirements are also less cumbersome, notwithstanding the excellent education system and infrastructures that are truly international. European medical universities have centuries of prestigious legacy and have produced some of the leading physicians and doctors in the world today. Many European countries like Bulgaria, Ukraine, Russia, Hungary, Poland Armenia, Denmark, Latvia, and Lithuania Denmark   are in the forefront of offering quality medical Medical degrees offered by most of the European medical institutions are recognized across the globe. For an Indian student on successful completion of the course he/she can appear in the MCI screening test for gaining MCI registration, which is mandatory for practicing in India



Undergraduate and graduate levels of Business and management degrees are available spanning subjects including accounting, finance, business administration, economics, marketing and management – each of which provides further opportunities for specialization. At graduate level, the MBA, aimed at those who have already gained significant professional experience in a business and management role, remains a very popular option, and one that continues to promise high returns in terms of career progression. However, many other master’s degrees in business and management subjects are also growing in popularity, typically requiring a lower up-front investment and little to no professional experience, as well as the chance to gain a more specialized qualification.

Highlights – Study in Europe


  • High quality education
  • Close collaboration with Industries
  • Cutting-edge research
  • Top Ranked Universities
  • Latest specializations
  • Research intensive environments
  • Wide range of scholarship opportunities
  • Career opportunities in core fields
  • Value for Money
  • Schengen Visa with access to 25 countries
  • Best in the world for Quality of life and safety
  • Broad international exposure
  • Opportunities for Industrial Internships

  For more information on cost-effective study abroad options in Europe including entry requirements, course specializations and career paths contact your nearest office of Santa Monica study abroad or call 0484-4140999 to fix a free counseling session.


New Zealand – A world class study destination with Job and Permanent residency prospects


Strong international ranking and expert teaching staff coupled with world class facilities and a rich pool of natural resources, New Zealand is becoming increasingly popular overseas study option among international students seeking qualifications that are recognized worldwide and on par with world’s other great education providers such as UK, USA, Australia and Canada.

There are 8 public universities in New Zealand which offers courses ranging from undergraduate programmes to PhD and post doctoral courses. Five New Zealand universities were ranked in the top 400 universities in the world by the 2013-2014 Times Higher Education World University Rankings. New Zealand has 22 Institutes of Technology and Polytechnics that offer highly vocational and skill based courses ranging from certificate level through to Bachelors and Post Graduate level. There are a growing number of private tertiary and training providers offering study options in diverse range of subjects.

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Some of the deciding factors that has been cited by International students for choosing New Zealand as their higher study destination has been

  •    Value for money

 With the lowest cost of living among the developed nations and the opportunity to work 20 hours per week while studying and 40 hours during the summer holidays, New Zealand provides an immense financial relief for international students who wish to budget their overall expenses towards their education in New Zealand.

  •  Multicultural Environment

 The diverse mix of cultures and people provides a welcoming feel to the international students and makes it easier for them to integrate into the culture.

  •  Safe and secure study destination

 New Zealand has a reputation for being a safe country with very low crime rate. New Zealand is ranked 3rd in the Global Peace Index.  It is one of the few countries in the world where the government has set out strict guidelines to ensure that International students are well informed, safe and properly cared for through the Code of Practice for the Pastoral Care of International students. Every education provider that caters to international students is signatory to this Code of Practice laid by the Ministry of Education

  •  Scholarships

 The New Zealand Government and New Zealand Universities provide a number of scholarships for international students who wish to study in New Zealand.

  •  Post study work permit

Following the successful completion of level 5 & 6, Level 7, 8 and 9 students are entitled to 1 year post study work permit which provides students with an opportunity to explore job prospects in New Zealand and acquire valuable international work experience.

  •  Spouse Accompaniment

Students who proceed for Post Graduate programs and a few level 7 programs that figure in the shortage skill list are entitled to take their spouse along with full work rights.

  •   Employment prospects after graduation.

With skills shortage existing across various sectors in the New Zealand Labour market there is a strong demand for skilled workers especially in health, social work, Information and communication technology, hospitality, agriculture, farming and engineering industries.

  •  Fantastic immigration policies

Students with qualifications and skills in the long term shortage skill list published by Immigration New Zealand and who wish to stay in New Zealand long term may apply for resident visa under the skilled migrant category to live and work in New Zealand permanently.

Overseas education consultant

Santa Monica study abroad, your trusted overseas education consultant with over 13 years of experience in the overseas education domain is here to assist in your overseas study plan, with association across 10+ countries and over 200 universities/institutions of repute. Our exclusive services ranges from Universities / Colleges short listing to application submission, liaising with Universities, visa guidance,  scholarship assistance, financial aid, education loan  assistance to pre departure and post landing assistance Our expert career counselors with years of experience to back, will guide you to choose a course and  university in New Zealand and across the world  that does justice to your talent and potential and will  offer the best course and country for you, keeping in mind the changing world, job market, personal aspiration, aptitude,financial condition etc.

  We are an Education New Zealand Recognized Agency (ENZRA)

For authentic information on study abroad options, walk in to any of our branches or call on 0484- 4140999 to fix a free counseling session.

Destination Europe

Study abroad options in Medicine, Engineering / IT, Business Management, Hospitality and more @ reputed universities / institutions of Europe  taught  in English language .

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Europe  comprise of different countries with diverse culture, beautiful landscapes, buzzing cities, drastically different customs, languages, and people. It is home to many of the best universities with world class facilities and inspirational teaching methodologies. European qualifications are respected worldwide for their quality that will help you gain vital skills, knowledge and experience as they are developed in partnerships with international businesses, creative and research industries etc with emphasis on creativity, innovation, intellectual freedom and support, helping students to reach their true potential.

The beauty of European education is that it offers so much choice. With 1000s of universities, higher education institutions and research institutes, offering over 100,000 Bachelor’s Degree, Master’s Degree and PhD/Doctoral programs, anyone looking for such variety of Study abroad options is sure to be spoilt for choice.  Getting admission to top universities or colleges in Europe without an IELTS score require you to fulfill some  basic criteria  in terms of  proficiency in English, like one  need to educated in English medium during the five most recent years of study and must have  offered English as a first language at the IGCSE International General Certificate of Secondary education  or O level (Ordinary Level) GRE scores are optional for almost all the universities, except few  however GRE score  will certainly  increase your acceptance rate slightly. Europe  is not only  known for its quality education  it is the world’s most peaceful region  6 out of 10 of worlds happiest countries are  from this region ,  the geography of Europe makes it very easy to travel between different countries. In fact, for traveling between Schengen countries of Europe and within the European Union, one doesn’t even have to get your passport stamped; it is super convenient and allows one to explore unhindered  which is great  news for  students who utilize their overseas study period  for some serious sightseeing.


  •  Top Ranking Universities
  • Wide course options taught in English
  • High quality education & International Faculties
  • Schengen Visa with access to 26 countries.
  •   Low cost tuition fee & wide range of scholarship opportunities
  • Medicine programs recognized Courses by WHO, UNESCO, EUROPEAN COUNCIL and other international organizations.
  • Good Living Standard & Best in the world for Quality of life and safety.
  • Favorable climate conditions the year around.
  • Opportunity for participation of Students in Seminars/ Symposia/ Project Work, etc. in other European countries & Research intensive environments with latest specializations
  • Close collaboration with Industries enhancing job Prospects all over the world.
    Practical aspects of Teaching & Opportunities for Industrial Internships.
  • Bilateral Student Exchange Program with Universities in European Countries.
  • Summer Jobs during vacation in other European countries.
  • Opportunity for the Permanent Residence & Settlement in Europe after graduation.
    High visa success rate.
  • IELTS & GRE not required for most of  the  countries

Higher education System in Europe

The higher education system in Europe is one of the oldest and most popular in the world. Europe offers International Bachelor’s, Master’s, and PhD degrees in a wide variety of fields and programs, majority of which is offered in English. The European Higher Education Area offers many advantages for students; the number of participants in the ERASMUS student exchange program has almost tripled. At the same time, academic attainments as well as academic degrees have become comparable through the introduction of the European Credit Transfer System (ECTS) The European Credit Transfer System (ECTS) is a common framework for valuing, measuring, describing and comparing educational achievement in European higher education ECTS plays a key role in the creation of the European Higher Education Area (EHEA) through the Bologna process.

Studying in Europe has become particularly advantageous, as programs in English are common in the areas of Business, Management, Science, and Engineering & Medicine. Students looking for a career in the Hospitality and Catering industries can study at leading institutes in Switzerland and France. Italy would be the best place to study Art & Fashion Design. France would be a great place to study Architecture, Music & Aeronautical Engineering. The possibilities are truly many. Additionally, the tuition fee works out to be much lesser than what a similar course would cost in the USA or Australia. Most universities also offer Scholarships for Graduate and Research Studies.

 Explore infinite overseas education opportunities across Europe in Engineering, Medicine, Business Management, Hospitality and more. Reach us on 0484-4140999 to fix a free counseling session with our expert councilors at Santa Monica Study abroad Pvt. Ltd.  Your trusted overseas education facilitator with over 13 year’s expertise in the overseas education consultancy domain.


MBA programs abroad that takes you career on a high growth trajectory

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Choosing to study an MBA programme can be a life changing decision, since the first MBA was established in 1908, students with an MBA course have enjoyed an advantage in business, many of the Indian business graduates feel pursuing an MBA course abroad as an excellent way to gain skills that equip them with hands on experience required for gaining leadership positions as teaching techniques in foreign universities combine class room teaching with practical dissertations.

Why choose to study MBA abroad when there are good business schools like the IIMs and the Indian School of Business right here in India? Though the IIMs provide excellent   education and good   Placements, getting into the top notch business schools in India is difficult as students have to crack the entrance  exams which are very tough and very few  lucky ones manage to gain admission in to these schools while those who do not have to make do with much lesser known institutions. The quality of programs offered by the mediocre institutions does not match up to the international standards with insufficient faculty and inadequate facilities and with very few or zero placement assistance which renders many of the Management graduates unemployed and seeking other jobs.


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Global MBA graduates have dominated the current job market leaving lesser opportunities to an Indian graduate. The global market tends to demand a graduate with an experience through work/projects in an international setting. Employers are more than happy to have business graduates with international experience who would be job ready right from day one. A foreign degree and international   experience categorizes the student as a class apart and provides higher and good job prospects, social status and a fat pay globally or on a national level. Students can earn a better taught and recognized course abroad in just one year and push start their career early as against studying a 2 year MBA program in a top school in India.

There are various cost effective programs with scholarships options offered by various universities and colleges in countries like UK, Canada, Australia, New Zealand, Sweden, etc. It is essential to seek the advice of expert consultants who can guide the students in choosing the right choice based on their background.

Looking for Management program in top institutions that fits your aptitude and budget please contact us on the following number to fix a free counseling session  0484- 4140999