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Student Loan to Study Masters in STEM at 1,000+ Supported Universities and Colleges.

Student Loan to Study Masters in STEM (Sciences, Technology, Engineering & Mathematics), Business or Management Degrees at 1,000+ Supported Universities and Colleges. A loan based on your future earning potential.

Today, accessing world-class education as an international student depends exclusively on family wealth and “luck” of winning a scholarship. However, to build an inclusive global economy, education should not be based on who has the money or who has the connection. But rather on who has the potential for value creation.

Through our global education lending partners, we now help and support African students fund their graduate education in US, Canada, UK and several other countries (see list of countries in the form below). You don’t need a Collateral or a Cosigner.


In an increasingly competitive global job market, a Master’s degree in Science, Technology, Engineering, and Mathematics (STEM) has become a valuable asset, offering advanced knowledge and specialized skills that are in high demand. However, the cost of pursuing a higher education in STEM fields can be substantial, often requiring students to explore financial options such as student loans. This article aims to provide an insightful guide on how to navigate the world of student loans when considering a Master’s degree in STEM, covering important aspects from understanding the types of loans available to managing repayment strategies.

Types of Student Loans

  1. Federal Student Loans: These loans are offered by the government and come with various benefits such as fixed interest rates, flexible repayment plans, and the possibility of loan forgiveness or deferment. Two common types of federal student loans are Direct Subsidized Loans (based on financial need) and Direct Unsubsidized Loans (not based on need).
  2. Private Student Loans: Offered by banks, credit unions, and other private lenders, these loans can help bridge the gap between the cost of education and other financial aid. Private loans often have higher interest rates compared to federal loans and may require a co-signer, especially if the student lacks a strong credit history.
  3. Graduate PLUS Loans: This federal loan option is specifically designed for graduate students and covers the entire cost of attendance, including tuition, living expenses, and more. Interest rates may be higher compared to other federal loans, but they can still offer competitive terms.

Understanding Interest Rates

Interest rates play a significant role in determining the overall cost of your student loan. Federal student loans typically offer fixed interest rates, which means the rate remains constant throughout the life of the loan. Private loans, on the other hand, may have fixed or variable interest rates, which can change over time based on market conditions.

Managing Repayment

  1. Grace Period: Most federal loans offer a grace period after graduation, during which you are not required to make payments. Use this time to transition into your new career and prepare financially for loan repayment.
  2. Income-Driven Repayment Plans: These plans adjust your monthly payments based on your income, making them particularly beneficial for STEM graduates who may have higher earning potential over time. Income-driven plans include Income-Based Repayment (IBR), Pay As You Earn (PAYE), and Revised Pay As You Earn (REPAYE).
  3. Loan Forgiveness: The Public Service Loan Forgiveness (PSLF) program offers loan forgiveness for those working in eligible public service jobs after making 120 qualifying payments. STEM professionals often find opportunities in government agencies, non-profit organizations, and educational institutions that may qualify for PSLF.


Pursuing a Master’s degree in STEM can be a rewarding investment in your future, providing you with the skills and knowledge needed to excel in your chosen field. While the cost of education may seem daunting, understanding the various student loan options available and implementing sound repayment strategies can help alleviate the financial burden. As you embark on your educational journey, make informed decisions about student loans to ensure a successful and financially secure future in the STEM industry.

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