{"id":2375,"date":"2022-03-15T13:39:37","date_gmt":"2022-03-15T13:39:37","guid":{"rendered":"https:\/\/www.squareyards.ae\/blog\/?p=2375"},"modified":"2024-01-19T10:16:35","modified_gmt":"2024-01-19T10:16:35","slug":"how-to-apply-for-student-loans-in-the-uae-misart","status":"publish","type":"post","link":"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart","title":{"rendered":"How to Apply for Student Loans in the UAE"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The UAE stands as one of the most preferred destinations for education. Getting an education in the UAE is easy and pocket friendly. This is mostly because multiple financial institutions, banks and universities offer student loans to help them out. <\/span><span style=\"font-weight: 400;\">In this blog, let&#8217;s get to know how you can apply for student loans in the UAE, its eligibility criteria, required documents and more. <\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_40 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" area-label=\"ez-toc-toggle-icon-1\"><label for=\"item-6a4060d90a6ca\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-6a4060d90a6ca\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart\/#Eligibility_Criteria_to_Apply_for_the_Student_Loan_in_UAE\" title=\"Eligibility Criteria to Apply for the Student Loan in UAE\">Eligibility Criteria to Apply for the Student Loan in UAE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart\/#Characteristics_of_Student_Loan_in_the_UAE\" title=\"Characteristics of Student Loan in the UAE\">Characteristics of Student Loan in the UAE<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart\/#Loan_Amount\" title=\"Loan Amount\">Loan Amount<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart\/#Repayment_Tenure\" title=\"Repayment Tenure\">Repayment Tenure<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart\/#The_Interest_Rate_on_Student_Loans\" title=\"The Interest Rate on Student Loans\">The Interest Rate on Student Loans<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart\/#Processing_and_Settlement_Fee\" title=\"Processing and Settlement Fee\">Processing and Settlement Fee<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart\/#Banks_that_Provide_Student_Loans_in_the_UAE\" title=\"Banks that Provide Student Loans in the UAE\">Banks that Provide Student Loans in the UAE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart\/#Universities_that_Provide_Financial_Aid_in_the_UAE\" title=\"Universities that Provide Financial Aid in the UAE\">Universities that Provide Financial Aid in the UAE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart\/#Documents_Required_for_a_Student_Loan_in_the_UAE\" title=\"Documents Required for a Student Loan in the UAE\">Documents Required for a Student Loan in the UAE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart\/#Wrapping_Up\" title=\"Wrapping Up\">Wrapping Up<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart\/#Are_student_loans_available_in_the_UAE\" title=\"Are student loans available in the UAE?\">Are student loans available in the UAE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart\/#What_is_the_repayment_time_of_the_loan\" title=\"What is the repayment time of the loan?\">What is the repayment time of the loan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart\/#Is_an_education_loan_available_for_international_students_in_the_UAE\" title=\"Is an education loan available for international students in the UAE?\">Is an education loan available for international students in the UAE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart\/#What_is_the_amount_of_a_personal_loan_in_the_UAE\" title=\"What is the amount of a personal loan in the UAE?\">What is the amount of a personal loan in the UAE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.squareyards.ae\/blog\/how-to-apply-for-student-loans-in-the-uae-misart\/#How_much_percentage_is_required_to_take_a_personal_loan\" title=\"How much percentage is required to take a personal loan?\">How much percentage is required to take a personal loan?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: left;\"><span class=\"ez-toc-section\" id=\"Eligibility_Criteria_to_Apply_for_the_Student_Loan_in_UAE\"><\/span><span style=\"font-weight: 400;\">Eligibility Criteria to Apply for the Student Loan in UAE<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">There are certain requirements you need to meet to apply for a student loan in the UAE. The eligibility criteria for student loans in the UAE are as follows:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You must be a UAE national or resident.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">People aged 21 to 65-year-old can apply for a student loan in the UAE.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The minimum salary one must earn monthly is between AED 7,000 to AED 10,000 to get a student loan.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You must have an account in any of the banks that provide student loans.<\/span><\/li>\n<\/ul>\n<p><a href=\"https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2022\/03\/Eligibility-Criteria-to-Apply-for-the-Student-Loan-in-UAE.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2378\" src=\"https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2022\/03\/Eligibility-Criteria-to-Apply-for-the-Student-Loan-in-UAE.png\" alt=\"Eligibility Criteria to Apply for the Student Loan in UAE\" width=\"1110\" height=\"555\" srcset=\"https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2022\/03\/Eligibility-Criteria-to-Apply-for-the-Student-Loan-in-UAE.png 1110w, https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2022\/03\/Eligibility-Criteria-to-Apply-for-the-Student-Loan-in-UAE-300x150.png 300w, https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2022\/03\/Eligibility-Criteria-to-Apply-for-the-Student-Loan-in-UAE-1024x512.png 1024w, https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2022\/03\/Eligibility-Criteria-to-Apply-for-the-Student-Loan-in-UAE-768x384.png 768w\" sizes=\"auto, (max-width: 1110px) 100vw, 1110px\" \/><\/a><\/p>\n<h2 style=\"text-align: left;\"><span class=\"ez-toc-section\" id=\"Characteristics_of_Student_Loan_in_the_UAE\"><\/span><span style=\"font-weight: 400;\">Characteristics of Student Loan in the UAE<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Some characteristics you should consider looking at before applying for a student loan:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"text-align: left;\">\n<h3><span class=\"ez-toc-section\" id=\"Loan_Amount\"><\/span><span style=\"font-weight: 400;\">Loan Amount<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Different banks offer different loan amounts. Some banks in Dubai offer a minimum amount of AED 10,000 to students. However, the amount the bank will provide totally depends on your eligibility.<\/span><\/p>\n<ul>\n<li style=\"text-align: left;\">\n<h3><span class=\"ez-toc-section\" id=\"Repayment_Tenure\"><\/span><span style=\"font-weight: 400;\">Repayment Tenure<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Usually, a student is supposed to repay the loan within 48 months.<\/span><\/p>\n<ul>\n<li style=\"text-align: left;\">\n<h3><span class=\"ez-toc-section\" id=\"The_Interest_Rate_on_Student_Loans\"><\/span><span style=\"font-weight: 400;\">The Interest Rate on Student Loans<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Whether it&#8217;s the UAE or any other country, the interest rate on a student loan is usually less than other types of loans. However, the interest rate varies from bank to bank, and it also depends on your salary. It&#8217;s better to choose the flat interest rate (which remains the same throughout the payment cycle) and the reduced interest rate (the interest rate keeps decreasing after every payment).<\/span><\/p>\n<ul>\n<li style=\"text-align: left;\">\n<h3><span class=\"ez-toc-section\" id=\"Processing_and_Settlement_Fee\"><\/span><span style=\"font-weight: 400;\">Processing and Settlement Fee<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The rates vary from bank to bank. Research well so that you know which bank costs less for your student loan, as the rates are a matter of the bank policies.<\/span><\/p>\n<h2 style=\"text-align: left;\"><span class=\"ez-toc-section\" id=\"Banks_that_Provide_Student_Loans_in_the_UAE\"><\/span><span style=\"font-weight: 400;\">Banks that Provide Student Loans in the UAE<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Here is a list of the banks of the UAE that offers a student loan:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">HSBC<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">RAK Bank<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Emirates NBD<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Abu Dhabi Commercial Bank (ADCB)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Barclays<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Abu Dhabi Islamic Bank (ADIB)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sharjah Islamic Bank<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Dubai Islamic Bank<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mashreq Bank<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Union National Bank<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">National Bank of Abu Dhabi<\/span><\/li>\n<\/ul>\n<h2 style=\"text-align: left;\"><span class=\"ez-toc-section\" id=\"Universities_that_Provide_Financial_Aid_in_the_UAE\"><\/span><span style=\"font-weight: 400;\">Universities that Provide Financial Aid in the UAE<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2022\/03\/universities-that-offer-scholarships-and-student-loans-in-the-UAE.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-2379\" src=\"https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2022\/03\/universities-that-offer-scholarships-and-student-loans-in-the-UAE.png\" alt=\"universities that offer scholarships and student loans in the UAE\" width=\"1110\" height=\"555\" srcset=\"https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2022\/03\/universities-that-offer-scholarships-and-student-loans-in-the-UAE.png 1110w, https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2022\/03\/universities-that-offer-scholarships-and-student-loans-in-the-UAE-300x150.png 300w, https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2022\/03\/universities-that-offer-scholarships-and-student-loans-in-the-UAE-1024x512.png 1024w, https:\/\/www.squareyards.ae\/blog\/wp-content\/uploads\/2022\/03\/universities-that-offer-scholarships-and-student-loans-in-the-UAE-768x384.png 768w\" sizes=\"auto, (max-width: 1110px) 100vw, 1110px\" \/><\/a><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Not every university offers scholarships and student loans. Middlesex University is one of the best universities to pursue your education if you are planning to study with the help of a loan. The university charges no processing fee, waive off mandatory life insurance fees, approves quickly, and the interest rate is lower than 7%.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The list of other universities that offer scholarships and student loans in the UAE are as follows:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">United Arab Emirates University (UAEU)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Abu Dhabi University (ADU)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">American University in the Emirates (AUE)<\/span><\/li>\n<\/ul>\n<h2 style=\"text-align: left;\"><span class=\"ez-toc-section\" id=\"Documents_Required_for_a_Student_Loan_in_the_UAE\"><\/span><span style=\"font-weight: 400;\">Documents Required for a Student Loan in the UAE<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The procedure of applying for a student loan is similar to applying for a personal loan. However, the process will be different whether you apply from a bank or a university. The following documents are required to apply for a student loan in the UAE:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A valid passport and copy.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A valid residence visa.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bank statement for the last 3 to 6 months.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Copy of the university ID card or the enrolment number.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A security cheque with 120% of the loan amount.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">If you are self-employed, you are supposed to show a trade licence.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Original salary certificate if you are an employee of any organisation.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Different universities have different loan procedures. Cross-check with your desired university to avoid last moment complications.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Wrapping_Up\"><\/span><span style=\"font-weight: 400;\">Wrapping Up<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Getting an education in the UAE is not as hard as students might think. The banks and universities of the country welcome both national and international students with open arms to pursue their education. Getting an education in the UAE is not only easy, but it also helps you with excellent career counselling. The universities, banks and eligibility criteria will not only give you an understanding of how you can get your education in the UAE but also how you can get scholarships and student loans.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span><span style=\"font-weight: 400;\">Frequently Asked Questions (FAQs)<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Are_student_loans_available_in_the_UAE\"><\/span>Are student loans available in the UAE?<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tYes, numerous banks and universities offer student financial aid\/ scholarships. Students have to meet the criteria that are required for loan approval. For scholarship, they have to excel in academics.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"What_is_the_repayment_time_of_the_loan\"><\/span>What is the repayment time of the loan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tA student loan repayment can be extended up to 24 months. Most of the time, it depends on the bank you have taken the loan from or the university that offered you the financial aid. Check their policies before enrolment.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Is_an_education_loan_available_for_international_students_in_the_UAE\"><\/span>Is an education loan available for international students in the UAE?<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tYes, Abu Dhabi Islamic Bank (ADIB) offers loans to international students who desire to pursue their education in the UAE. Top universities like the United Arab Emirates University (UAEU), Abu Dhabi University (ADU), American University in the Emirates (AUE) also offer financial aid and scholarships.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"What_is_the_amount_of_a_personal_loan_in_the_UAE\"><\/span>What is the amount of a personal loan in the UAE?<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tAccording to the guideline of the Central Bank of the UAE, an individual can take a loan up to 20 times the value of the salary or the total income.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"sc_fs_faq sc_card \">\n\t\t\t<div>\n\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"How_much_percentage_is_required_to_take_a_personal_loan\"><\/span>How much percentage is required to take a personal loan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\t\t\t\t<div>\n\t\t\t\t\t\t\t\t\t\t<p>\n\t\t\t\t\t\tThe banks of the UAE only provide funds if the student secures 60% or above. Scoring 60% and above puts you in the category of the meritable candidate.\t\t\t\t\t<\/p>\n\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\n<script type=\"application\/ld+json\">\n\t{\n\t\t\"@context\": \"https:\/\/schema.org\",\n\t\t\"@type\": \"FAQPage\",\n\t\t\"mainEntity\": [\n\t\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Are student loans available in the UAE?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Yes, numerous banks and universities offer student financial aid\/ scholarships. Students have to meet the criteria that are required for loan approval. For scholarship, they have to excel in academics.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What is the repayment time of the loan?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"A student loan repayment can be extended up to 24 months. Most of the time, it depends on the bank you have taken the loan from or the university that offered you the financial aid. Check their policies before enrolment.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"Is an education loan available for international students in the UAE?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"Yes, Abu Dhabi Islamic Bank (ADIB) offers loans to international students who desire to pursue their education in the UAE. Top universities like the United Arab Emirates University (UAEU), Abu Dhabi University (ADU), American University in the Emirates (AUE) also offer financial aid and scholarships.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"What is the amount of a personal loan in the UAE?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"According to the guideline of the Central Bank of the UAE, an individual can take a loan up to 20 times the value of the salary or the total income.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t,\t\t\t\t{\n\t\t\t\t\"@type\": \"Question\",\n\t\t\t\t\"name\": \"How much percentage is required to take a personal loan?\",\n\t\t\t\t\"acceptedAnswer\": {\n\t\t\t\t\t\"@type\": \"Answer\",\n\t\t\t\t\t\"text\": \"The banks of the UAE only provide funds if the student secures 60% or above. Scoring 60% and above puts you in the category of the meritable candidate.\"\n\t\t\t\t\t\t\t\t\t}\n\t\t\t}\n\t\t\t\t\t\t]\n\t}\n<\/script>\n\n","protected":false},"excerpt":{"rendered":"<p>The UAE stands as one of the most preferred destinations for education. Getting an education in the UAE is easy and pocket friendly. This is mostly because multiple financial institutions, banks and universities offer student loans to help them out. In this blog, let&#8217;s get to know how you can apply for student loans in [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":2938,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[67,59,64],"class_list":["post-2375","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education-and-job","category-uae","category-uae-guide"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/posts\/2375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/comments?post=2375"}],"version-history":[{"count":2,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/posts\/2375\/revisions"}],"predecessor-version":[{"id":16891,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/posts\/2375\/revisions\/16891"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/media\/2938"}],"wp:attachment":[{"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/media?parent=2375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.squareyards.ae\/blog\/wp-json\/wp\/v2\/categories?post=2375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}