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  Many students aspire to do their master's degree from a reputed university abroad but find it difficult to fund it. An education loan can offer the needed financial assistance with affordable interest rates, flexible repayment options, and quick disbursal. If you are new to education loans, here is a quick guide for an education loan for a master’s degree abroad: Benefits of an Education Loan for Abroad Studies Covers 100% expenses Education loans by reputed NBFCs allow you to get your master's degree without worrying about the costs. The loan enables you to get access to quality education abroad by covering all expenses related to your education, including tuition fees, travel expenses, accommodation costs, study material purchase costs, and more. Helps build good credit score Since an education loan for your master's degree is a form of credit, it will help you build a credit score early in life. If you pay your monthly loan instalments on time, it will show responsibl...