EasyShiksha × UniCreds education loans
Education loan for Canada 
Get matched with lenders that fund students heading to Canada, plus a sanction letter you can use for your visa. Free help from UniCreds loan experts.
- From 8.33% p.a.*
- Sanction in 48 hours*
- No-collateral options
- Save up to ₹15 lakh*
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20,000+ students have funded their studies with UniCreds
Check your Canada loan eligibility
Takes 30 seconds. A loan expert calls you back.
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No fee, ever
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Your Canada education loan, explained
Many lenders also fund the GIC amount, and some can disburse before the visa so you can show the funds in time.
When to apply
Canada has intakes in September (main), January and May. Start your loan as soon as you have your admit, so the sanction letter is ready before your visa appointment.
Showing funds for your visa
The study permit needs a Letter of Acceptance and proof of funds, usually including a GIC for living costs. Check the current IRCC amount before applying.
What lenders look at
Your university and course, your grades and test scores, and your co-applicant’s income and credit score. Popular courses funded for Canada include PG Diplomas, MEng, MS Computer Science, Business, Supply Chain, Healthcare.
Studying in Canada
Indicative yearly costs for Indian students
- Tuition
- CA$20,000 – 45,000 per year
- Living expenses
- CA$15,000 – 22,000 per year
- Students usually borrow
- ₹15 – 40 Lakh
Costs vary by university, city and course.
Choose from leading lenders
Banks, NBFCs and international lenders, with secured and collateral-free loans. Tap a lender to see its rates, limits and eligibility.
*Starting rates as published by UniCreds. Your rate depends on your profile, course and lender. Compare all lenders
Form to funding in 5 steps
100% digital, with a real person helping you the whole way.
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Share your plans
Where, what and when you want to study, and how much you need.
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Chat with an expert
A UniCreds specialist calls and explains your options.
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Upload documents
All online from home. No branch visits.
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Get the best rate
Your expert negotiates with lenders for you.
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Get sanctioned
Sanction letter in as little as 48 hours*.
Canada education loan FAQs
Can my education loan cover the GIC for Canada?
Many lenders include the GIC within the sanctioned amount, and some offer pre-visa disbursement for it.
Are PG Diplomas from Canadian colleges eligible?
Yes, PG Diplomas from recognised public colleges are generally eligible, though some lenders prefer degree programmes for collateral-free loans.
Is collateral required for a Canada education loan?
Not always. Collateral-free options are available depending on the institution, course and co-applicant income.
How long does a Canada loan sanction take?
With complete documents, sanctions can come within a few working days. Apply early if your intake is close.
Compare other countries
Costs, intakes and visa money rules change by country. Pick yours for a quick guide.
- USA Intakes: Fall (Aug–Sep) Loan guide
- UK Intakes: September (main) Loan guide
- Australia Intakes: February (main) Loan guide
- Germany Intakes: Winter semester (Oct) Loan guide
- Ireland Intakes: September (main) Loan guide
- France Intakes: September (main) Loan guide
- New Zealand Intakes: February (main) Loan guide
Ready for Canada? Let's get you funded.
Check your eligibility in 30 seconds. A loan expert calls you back within one working day.
*Interest rates, sanction times, savings, loan amounts, fees and other terms are indicative, as published by UniCreds, and depend on the lender and on the student's and co-applicant's profile, course and country. Education loans are provided by banks and NBFCs through UniCreds Private Limited. EasyShiksha (EdSpectra Global Private Limited) refers students to UniCreds and does not lend money or guarantee any loan. Lender names and logos belong to their owners. Cost figures are approximate.