Study Abroad Visa: The Financial Mistakes Indian Students Make and How to Avoid Them
Last Update Date: 05-10-2026
Published by Outlook Money
Abhishek Kumar's role: Quoted
Abhishek Kumar explained that an education loan from a recognised lender can support a visa application as verified proof of funds, and said families should start arranging funds 12 to 18 months before the intake.
More of Abhishek's views on money management
Outlook Money looks at common money mistakes families make when funding study abroad. The article covers applying for an education loan soon after admission, budgeting for living costs, insurance and travel as well as tuition, keeping clear records of funds and starting to plan well before the intake.
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Study Abroad Visa: The Financial Mistakes Indian Students Make and How to Avoid Them