SchoolApply Partners With Credila Education Loan to Offer Financial Assistance to Students

MUMBAI, October 18, 2016 /PRNewswire/ --

The Credila and SchoolApply association is a synergy of the value system of two organizations. SchoolApply is expanding its focus on the Indian market to improve how students find, select, and apply to educational programs and schools around the world. SchoolApply does this by making school information easily available, accessible, and actionable and helps students from anywhere in the world connect with schools that best match their needs and potential.

Credila, on the other hand, is committed to ensure availability of finance at the right stage to the deserving Indian students. Credila, a subsidiary of HDFC Limited is India's first education loan specialist and India's largest private sector education loan provider. Credila will provide education loans to students registered with SchoolApply for further studies in USA, UK, Canada and other countries across the world.

Mr. Daniel Bjarne, CEO of SchoolApply is excited about this partnership. He says, "The upfront cost of getting a degree is a big roadblock for many students and their parents. Partnering with Credila helps us break down those barriers by allowing us to offer more educational opportunities for Indian students, aspiring to study overseas."

Credila, as a specialized loan company, understands the education requirements and will provide flexibility of loan term and co-borrowers to the students. Credila has designed special products with a longer repayment term and options to avail a higher loan amount covering complete cost of attendance. Adding to this Mr. Ajay Bohora, Co-Founder, MD and CEO, Credila, an HDFC Ltd. Company , says, "Credila understands the importance of country-specific loan solutions and the need for planning for finances well in time. We encourage the students and parents to apply to us even at the test prep stage as an early start helps students avoid downsizing their dreams and pursue education in the university of their choice."

Credila and SchoolApply is also working together to promote the cause of higher education and have started collaborations in the education space. SchoolApply will deliver their first webinar on 'How to Choose the Right Country to Study in' on Credila's web platform on 29th October at 7:00 PM IST.

About Credila: 

Credila, an HDFC Ltd. Company, is India's first dedicated education loan company. Credila Financial Services pioneered the concept of specialist education loan lender and became India's first dedicated education loan company. Credila's brand purpose is to contribute towards transforming lives and building the nation.

For more information on Credila, visit http://www.credila.com

Media Contact:
Chandini Sehgal
[email protected]
+91-8884164642
Marketing Head
Credila Financial Services