Once you meet the eligibility criteria, you also need to present a set of documents before the application for an international student loan Australia. These documents are given below:

 

⦁ Land Ownership Certificate (Lalpurja) ( Jagga ko tiro tireko rasid)

⦁ Rajinama or Bakaspatra or Ansha-banda

⦁ Malpot Receipt

⦁ Tax clearance of building

⦁ Blue Print and trace map

⦁ Char Killa Pramanit

⦁ Approved house map (if applicable)

⦁ Nirman Sampanna Patra/Abhilekhikaran (Building Completion certificate)

 

 

⦁ Salary certificate

⦁ Rental agreement (If any) along with tenant’s identification

⦁ Audited financials of last 2 fiscal years (For business income)

⦁ Pension document

⦁ Copy of renewed/valid blue book of the vehicle along with route permit (If income is from the commercial vehicle)

⦁ Salary certificate, work permit, valid passport with visa, payslip, and bank account statement (If income is from foreign employment)

⦁ Valid tax paid receipts/tax clearance certificates for justifying income (where ever applicable)

Other Documents 

⦁ Photograph (2 copies each)

⦁ Citizenship and/or Passport/ Pan Card

⦁ Offer Letter/I-20 from Education Institutions (Colleges/Universities) Course of Enrollment (CoE) Letter from Education Institutions (Colleges/Universities) (In case of Visa Extension)

⦁ No Objection Certificate from Ministry of Education (MoE) Location Map (Residence & Office)

⦁ Relationship Certificate

⦁ Marriage Certificate(If required)

⦁ Bank (deposit & loan) account statement of at least 6 months

⦁ Firm/Company Registration Certificate(If source of income is business)

⦁ PAN/VAT Certificate

 

⦁ Loan Processing Fee: Banks charge a fee for processing the loan application and disbursing the funds. This fee is typically a percentage of the loan amount.

 

⦁ Administrative Fees: Banks may assess administrative fees to cover the cost

of managing and servicing the loan.

 

⦁ Late Payment Fees: If you miss a scheduled payment, the Banks may charge a late payment fee. It’s crucial to make payments on time to avoid these charges.

 

⦁ Prepayment Penalty: Some loans have penalties for paying off the loan before the agreed-upon term. Check if your loan has a prepayment penalty and factor it into your decision-making.

 

⦁ Tuition Fees: Education loans are often used to cover tuition fees for undergraduate and postgraduate courses. This includes fees for academic programs at universities and colleges.

⦁ Accommodation and Living Expenses: Education loans can be used to cover the cost of accommodation, whether it’s on-campus housing or off-campus rental expenses. This includes rent, utilities, and other living expenses.

⦁ Books and Study Materials: The cost of textbooks, reference materials, and other study-related materials can be significant. Education loans help students afford the necessary resources for their academic programs.

⦁ Exam Fees: Education loans may also cover examination fees for standardized tests or professional certification exams required for certain courses.

⦁ Travel Expenses: For students studying abroad, education loans can cover travel expenses, including airfare, visa fees, and other transportation costs.

⦁ Miscellaneous Expenses: Education loans are versatile and can be used to cover various miscellaneous expenses, such as research costs, conference fees, or other academic-related expenditures.