Pakistan Education Network

An equity loan is a mortgage placed on real estate in exchange for cash to the borrower. For example, if a person owns a home worth $100,000, but does not currently have a lien on it, they may take an equity loan at 80% loan to value (LTV) or $80,000 in cash in exchange for a lien on title placed by the lender of the equity loan.

Many lending institutions require the borrower to repay only an interest component of the loan each month (calculated daily, and compounded to the loan once each month). The borrower can apply any surplus funds to the outstanding loan principal at any time, reducing the amount of interest calculated from that day onwards. Some loan products also allow the possibility to redraw cash up to the original LTV, potentially perpetuating the life of the loan beyond the original loan term.

The rate of interest applied to equity loans is much lower than that applied to unsecured loans, such as credit card debt. The reasoning behind this is that equity loans involve collateral, and credit card debt does not.

Popularity: 19% [?]

Resource for the latest information of Study in USA. It contains useful information of Study in USA along with guide to Study Abroad, Universities, Scholarships, Application Documentation, Student Visa process and Student Life.

Should you study in the US? Why have so many international students chosen to study in the US over another country? Does the US still welcome international student? What are your US study options?

The US hosts more international students than any other country in the world, a number fast approaching 600,000. In fact, international students comprise approximately 4% of the total undergraduate US university and US college population, and 10% for US graduate school. These international students from every continent in the world choose to study in the US because they believe that a US education would afford them the best preparation for their future. They leave homes, families and friends in order to pursue their dreams of an education in the US. In fact, International students who study in the US contribute more than $13 billion to the US economy!

US universities, US colleges and US schools constantly rank very high in world rankings, just one of the reasons to study in the US. Schools such as Harvard University, Stanford University, MIT, Julliard, Berkley School of Music, West Point, are all world famous and welcome international students. The US offers international students the most exciting, rewarding and comprehensive array of study options in the world. International students who choose to study in the US have almost unlimited study choices. Furthermore, international students who successfully complete their US study are highly sought-after by employers worldwide.

Benefits of Study in USA

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Popularity: 20% [?]

“It is not so much what is poured into the student but what is planted that really counts.”
Resource for the latest information of Study Abroad for Higher Education. It contains useful information of Study Abroad for Higher Education along with guide to Study Abroad, Universities, Scholarships, Application Documentation, Student Visa process and Student Life.

Studying abroad may be that defining moment in your education that will change your life. Nothing will be quite the same after you have studied abroad. Your perspectives will be global, your attitudes will be international and you will have memories that you will carry forever. Your resume will be more attractive, in some cases your language proficiency will be advanced, and you will have developed lifelong friendships. More →

Popularity: 24% [?]

Study Abroad Financial Aid

Is Financial Aid Available for Study Abroad?

If you are currently receiving financial aid for your college education, in many cases you can use it to study abroad. This can be the case with aid from an institution, a foundation, the state or federal government, or other private or public sources. Talk to your study abroad advisor, financial aid officer, or bursar about what can and can’t be applied to a program of study abroad.

The Higher Education Act (HEA) of 1992 mandated that a student can receive financial aid for study abroad if the student is enrolled in a program approved by the home institution. Moreover, the student would be eligible to receive “grants, loans, or work assistance without regard to whether the study abroad program is required as a part of the student’s degree.”

What Types of Financial Aid are Available?

Federal and state governments, foundations, and private and public organizations are primary sources of financial aid. Be sure to check with your financial aid director, study abroad advisor or bursar about whether your financial aid can apply to study abroad.

If you are planning to attend an overseas study program sponsored by another institution, the home institution, through a written agreement between the schools, might allow you to use your financial aid. But students should realize that policies vary among institutions of higher education and therefore, should check with their study abroad advisors and financial aid administrators regarding enrollments with another institution.

Note the following types of financial aid: More →

Popularity: 17% [?]