Emeritus has partnered with a student loan provider who can provide loans to Emeritus' students. You may be able to avail a student loan if you meet the conditions set by the loan provider. The loan provider that we have currently partnered with is:
Eduvanz (https://eduvanz.com/)
Student Loan Details
Program Fee |
Maximum Loan Amount Available |
Tenure (months) |
EMI |
US$3,000 |
US$3,000 |
36 |
US$108 |
Note:
- The above EMI's are indicative. The EMI's offered by the loan provider might vary from the above figures, depending upon tenure and loan amount to be disbursed.
- Other EMI tenures available (Months):
Eduvanz: 12/24/36/48
How to apply for a student loan?
Step 1: You must complete the
- Application process for the program
- Pay the application fee or booking amount (as appropriate for the program)
- Receive an email from the educational institution confirming your selection for the program
Step 2: You must complete the loan application form available at the below mentioned URLs
If you need assistance in filling out the loan application form, please email Emeritus at info@emeritus.org
Step 3: An agent from the loan provider will call, email, or visit you and assist you with your loan application. Loan approvals take varying amounts of time. You can discuss how long it would take with the agent who speaks to you.
Please Note:
- Emeritus does NOT make any recommendation on whether students should or should not avail of a loan to enroll into its program. The decision of whether to avail of a loan is exclusively your decision to make.
- Approving of a loan is a decision made exclusively by the loan provider. The loan provider may decline your loan application.
- Emeritus does not recommend any specific loan provider. You are required to conduct your own due diligence before making a choice of loan provider. Please note that loan providers will charge an interest for providing you a loan. Loan providers may include other charges such as a processing fee, documentation charges etc before disbursal of loan.
- Emeritus encourages students to carefully read the terms and conditions of loan providers before availing of a loan.
- Emeritus does not bear any financial obligation related to the loan you apply for. Your financial obligation on the loan you avail of is to the loan provider.
- If you default on your loan repayment obligation to a loan provider, Emeritus may notify you to meet your loan repayment obligation.
- Your loan provider may initiate loan recovery proceedings as per applicable law.
- Your loan provider will transfer the loan amounts directly to Emeritus as required under the arrangement that the loan provider has with Emeritus.
- On specific request by the loan provider, Emeritus may inform the loan provider about your employment status, the program fee, the program duration and your attendance information on the program.
- Failure to obtain a loan by you cannot be a reason to seek delayed payment schedule from Emeritus and the grant of admission may be withdrawn if payments are not made by the student as per the listed payment schedule.
- The amount to be paid will be in rupees. The conversion shall be mapped as per the Dollar rate on the day of loan disbursement.