Why Indian students abroad suddenly need more money
- Nikhil PatwardhanSreeradha Basu
- THE ECONOMIC TIMES Jun 07, 2026, 12:14 IST IST
A more than 10% slide in the rupee against the US dollar over the past 12 months has left Indian students getting education overseas scrambling for additional funds, as loans sanctioned in India are falling short of tuition and living expenses payable in foreign currency.
The funding gap has driven a nearly threefold jump in demand for top-up education loans from Indian lenders among students enrolled at US universities, industry executives told ET.
The funding gap has driven a nearly threefold jump in demand for top-up education loans from Indian lenders among students enrolled at US universities, industry executives told ET.
