Study USA Education Loan | Study in USA with Easy Funding

20+

Banks & NBFCs

0Cr +

Disbursed

24h

Avg. Approval

1500+

Happy Students

Why Choose HEXAFIN for Education Loan for USA🇺🇸

Achieve your dream of studying in the USA with HEXAFIN. Get education loans with competitive interest rates, quick approvals, flexible repayment options, and expert guidance through our network of 70+ trusted banks and NBFCs.

How to Apply for an Education Loan

Applying for an education loan is quick and hassle-free. Follow these 3 simple steps to check your eligibility

Documents Required for Overseas Education Loan

Documents required for an education loan application vary based on the borrower’s profile and the type of education loan the borrower applies for.

KYC Documents of the applicant and all co-applicants

Academic Records

Marksheet or Certificate for Grade 12 or equivalent.
Marksheet or Certificate for the last semester/year/degree (e.g. B.E., B.Com., B.Sc., etc.).
Scholarship Documents (if applicable).

Proof of Admission

You must submit the college/university admission/acceptance letter when received.

Statement of cost of studies/ Schedule of expenses

You need to submit the fee structure from the college or university, mentioning the course fee and the estimated living expenses.

Income Proof of Co-applicant/ Guarantor, where applicable

Salaried
- Latest 3 Salary Slips or Salary Certificate on the employer’s letterhead.
- Latest one year’s Form 16 from the employer along with one year’s Income Tax Returns.
- Any other income proof that is not reflected in the above documents, viz., Rent Agreement, etc.
Self-Employed Professional
- Latest two years’ Income Tax Returns with I.T. acknowledgement.
- Latest two years’ Audited Financials of the Company, including Computation of Income, Balance Sheet, P&L, along with all the Schedules.
- 3CB & 3CD for Professionals with a turnover of more than INR 15 lakh and for others whose turnover is more than INR 60 lakh*.
Additional Documents
In addition to the above, the following documents are to be submitted.
- Proof of Establishment of the Firm (Shop Act, TIN No, Service Tax registration copy, SSI Certificate, etc.).
- Copy of qualification or degree certificate.
Self-Employed Non-Professional
- Latest two years’ Income Tax Returns with I.T. acknowledgement.
- Latest two years’ Audited Financials of the Company, including Computation of Income, Balance Sheet, P&L, along with all the Schedules.
- 3CB & 3CD for Professionals with a turnover of more than INR 15 lakh and for others whose turnover is more than INR 60 lakh*.
Additional Documents
In addition to the above, the following documents are to be submitted
- For Proprietors: Proof of Establishment of the Firm (Shop Act, TIN No, Service Tax Registration Copy, SSI Certificate, etc.)
- Partnership: Copy of the Partnership deed.
- Private Company: Articles of Association (AoA), Memorandum of Association (MoA) and Shareholding Pattern Certified by the C.A.

Bank Account Statements

Salaried
- The latest six months’ Bank Statements are required where your salary is credited every month.
Self-Employed Professional / Proprietorship/ Partnership / Private Limited Company
- Latest 8-month Current Account Bank Statement of the Bank Account where business receipts are credited every month.
- The latest eight months of Saving Account Bank Statements.

Property Documents, where applicable

Ready Set Apply

We recommend that students secure their education financing as early as possible. Doing so not only helps avoid cramming and surprises at the last minute but also helps you focus on your college applications.

The Benefits of starting loan application process early

Know your loan eligibility in advance

Planning and preparation are key to avoiding last-minute surprises.

Avoid last-minute delays

A hassle-free procedure that may help you secure admission on time.

Frequently Asked Questions

Don’t know where to start? We are here to help.

What is the Organization Fee (OF) and why it is Required

The Organisation Fee (OF) is a nominal charge for handling and processing your education loan application. It covers documentation support, coordination with banks/NBFCs, and end-to-end assistance to ensure a smooth and hassle-free experience.

No hidden charges — complete transparency, always.

What is the time taken to process my loan application

Hexafin aims to process a loan application within 10-15 working days upon receipt of complete documentation.

What are the application prepayment and/ or foreclosure charges?

Some banks do not apply any prepayment and/ or foreclosure charges on an education loan availed.

Why is the e-mandate amount higher than my actual monthly installment (MI)? When Banks Deduct the Amount?

The e-mandate amount is 1.5 times higher than your actual MI to facilitate the borrower. Take a scenario wherein the borrower may request changes to their MI – to avoid requesting a fresh mandate at each instance, a mandate with a higher amount typically covers all eventualities.

Are there any interest rate benefits available for the girl child / female students?

Currently, banking institutions do not offer a preferential interest rate for the girl child/ female students. We aim to provide a competitive interest rate, together with an attractive tax benefit, that effectively lowers the cost of your loan, and this applies to all students.

Check Your Loan Eligiblity?

Education Loan Online, powered by Hexafin Loan Consultancy Pvt Ltd, is India’s No. 1 Loan Consulting & Distribution Company. We help students secure the right financing for higher studies in India and abroad. With access to 70+ banks and NBFCs, we simplify the entire loan journey—from application to disbursement.