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Student Loan Process

Credila has a student friendly education loan application process:

  1. Student: To complete Credila's online Education Loan Application Form
  2. Credila: To follow-up with the student & parents to answer questions
  3. Credila: Representative visits your house & collects signed application form with the supporting documents
  4. Student: To provide a completed Education Loan Application form with all the required supporting documents
  5. Note: Students can apply to Credila for Education Loan even before confirmed admission or Form I-20 or before Visa
  6. Credila: Credit team to review & underwrite the Education Loan application
  7. Credila: To approve the education loan or ask for any additional information required
  8. Student: To complete the education loan disbursment formalities by signing the education loan agreement
  9. Credila: The education loan amount is deposited in the required bank account electronically
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loan process
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