The State Bank of India (SBI) has launched a new unsecured education loan service for studying abroad under its Global Ed-Vantage Scheme. The bank is offering a student loan of up to ₹50 lakhs without collateral for students going to premier foreign institutes for education abroad.

However, this SBI education loan without collateral is only offered to students going to any of the SBI education loan-approved colleges list. And many students don’t know whether their preferred college comes under this SBI education loan scheme. 

Hence, in this article, we will explore the list of universities approved under the SBI education loan college list, along with the application process of an SBI education loan without collateral through WeMakeScholars.

What Makes a College Eligible for an SBI Education Loan Without Collateral?

The State Bank of India (SBI) provides non-collateral education loans for students going to prestigious universities abroad. The bank has recently started providing unsecured education loans for abroad studies under its Global Ed-Vantage Scheme.

Students planning to pursue full-time courses in reputable foreign colleges can get an SBI education loan without collateral of up to ₹50 lakhs, depending on their university.

SBI has a list of premier institutes in foreign countries, according to which the bank offers unsecured education loans for abroad studies. The bank offers this unsecured education loan service only to students going to a college under the SBI education loan college list.

Here’s what makes a university eligible for an SBI education loan without collateral for abroad studies:

  1. University’s Ranking: Most of the universities eligible under the SBI education loan college list are globally recognized. They are often ranked among the top 100 universities for higher education globally and are known for offering quality education to students.
  2. University’s Employability Rate: The colleges under the SBI education loan approved college list have a high employability rate. The students going to these high-ranking foreign institutes have high chances of employability, increasing the chances of loan repayment.
  3. Country’s Immigration Policies: SBI offers unsecured education loans to top universities across various countries, including the USA, UK, Canada, Australia, Singapore, etc, with stable work visa policies and post-study job opportunities. This increases the chances of loan repayment.
  4. Repayment of the Loan: Unsecured education loans often have a high risk as there is no collateral involved. However, the colleges under the SBI education loan approved college list have low risk as students are more likely to get placed in high-paying jobs after the completion of their course. This reduces the risk for the bank.

Accepted Colleges & Countries in the SBI Education Loan without Collateral

As we have discussed, SBI offers non-collateral education loans to students going to prestigious foreign institutes across various countries. Now, let's look at the list of countries and colleges accepted for an SBI education loan without collateral.

Countries Accepted for an SBI Education Loan Without Collateral

The following are the countries accepted for an SBI education loan without collateral under the Global Ed-vantage Scheme in 2025

Country Accepted or Not Accepted  No of Universities Accepted
USA Accepted 34
UK Accepted 17
Australia Accepted 9
Germany Accepted 5
Hong Kong Accepted 5
Singapore Accepted 2
Japan Accepted 2
France Accepted 4
Italy Accepted 2
Netherlands Accepted 6
Belgium Accepted 1
Sweden Accepted 2
Denmark Accepted 1
Switzerland Accepted 3
Finland Accepted 1
Norway Accepted 1

SBI Education Loan Approved College List in the USA

  1. Massachusetts Institute of Technology (MIT)
  2. Harvard University
  3. Stanford University
  4. California Institute of Technology (Caltech)
  5. University of Pennsylvania
  6. University of California, Berkeley (UCB)
  7. Cornell University
  8. University of Chicago
  9. Princeton University
  10. Yale University
  11. Johns Hopkins University
  12. Columbia University
  13. University of California, Los Angeles (UCLA)
  14. New York University (NYU)
  15. University of Michigan-Ann Arbor
  16. Northwestern University
  17. Carnegie Mellon University
  18. Duke University
  19. University of Texas at Austin
  20. University of Illinois at Urbana-Champaign
  21. University of California, San Diego (UCSD)
  22. University of Washington
  23. Brown University
  24. Purdue University
  25. Pennsylvania State University
  26. Boston University
  27. Georgia Institute of Technology
  28. University of Wisconsin-Madison
  29. University of Southern California
  30. University of California, Davis
  31. University of North Carolina, Chapel Hill
  32. Washington University in St. Louis
  33. University of California, Santa Barbara (UCSB)
  34. Emory University

SBI Education Loan College List in the UK​

  1. Imperial College London
  2. University of Oxford
  3. University of Cambridge
  4. University College London
  5. The University of Edinburgh
  6. The University of Manchester
  7. King's College London
  8. London School of Economics and Political Science (LSE)
  9. University of Bristol
  10. The University of Warwick
  11. University of Glasgow
  12. University of Southampton
  13. University of Birmingham
  14. University of Leeds
  15. The University of Sheffield
  16. University of Nottingham
  17. Queen Mary University of London

SBI Education Loan Approved College List in Australia

  1. The University of Melbourne
  2. The University of Sydney
  3. The University of New South Wales (UNSW Sydney)
  4. The Australian National University
  5. Monash University
  6. The University of Queensland
  7. The University of Western Australia
  8. The University of Adelaide
  9. University of Technology Sydney

SBI Education Loan College List in Germany

  1. Technical University of Munich
  2. Ludwig-Maximilians-Universität München
  3. Ruprecht-Karls-Universität Heidelberg
  4. Freie Universitaet Berlin
  5. Humboldt-Universität zu Berlin

SBI Education Loan College List in Hong Kong

  1. The University of Hong Kong
  2. The Chinese University of Hong Kong (CUHK)
  3. The Hong Kong University of Science and Technology
  4. The Hong Kong Polytechnic University
  5. City University of Hong Kong

SBI Education Loan College List in Singapore

  1. National University of Singapore (NUS)
  2. Nanyang Technological University, Singapore (NTU)

SBI Education Loan College List in Japan

  1. The University of Tokyo
  2. Kyoto University

SBI Education Loan College List in European Countries

University Country
Université PSL France
Institut Polytechnique de Paris France
Sorbonne University France
Université Paris-Saclay France
Sapienza University of Rome Italy
Alma Mater Studiorum - University of Bologna Italy
Delft University of Technology Netherlands
University of Amsterdam Netherlands
Utrecht University Netherlands
Leiden University Netherlands
Erasmus University Rotterdam Netherlands
University of Groningen Netherlands
KU Leuven Belgium 
Lund University Sweden
Uppsala University Sweden
University of Copenhagen Denmark
ETH Zurich - Swiss Federal Institute of Technology Switzerland
EPFL Switzerland
University of Zurich Switzerland
University of Helsinki Finland
University of Oslo Norway

Accepted Courses in the SBI Education Loan Approved List

The courses accepted in the SBI education loan approved college list include:

  • Regular UnderGraduate courses.
  • Post Graduate, Doctorate, and Professional courses offered by the foreign Institutes.
  • Other courses offered by the foreign Institutes and approved by the bank.

How to Check If Your College Is Approved by SBI?

To know whether your college is on the list of colleges for education loans in SBI, you can:

  1. Go to the SBI website: Visit the official website of SBI and go to the education loans section. Select the Global Ed-Vantage scheme and click on the “Select Premier Institutions” list, and verify if your college is on the list.
  2. Visit the branch: You can also visit an SBI branch near you enquire about whether your university is eligible for an SBI education loan without collateral for abroad studies.

Things to Know Before Choosing an SBI-Approved College

SBI offers an unsecured student loan of up to ₹50 lakhs to students going to the above-mentioned colleges. However, there's more to it than just the loan amount and the college list. You should also know the important factors, such as eligibility criteria, repayment terms, interest rates, etc. The following are several things you should consider before choosing an SBI education loan without collateral to study in one of their approved college:

  1. Interest rates.
  2. Moratorium period.
  3. Eligibility criteria.
  4. Documents required.
  5. Repayment terms.

Note: Read our detailed blog about the SBI Education Loan Without Collateral, where we have covered all the details, including the above-mentioned factors you should know before choosing an SBI education loan without collateral for their approved college.

The education loan process in SBI can take more than a month or two when you apply for the loan on your own. This is why you should apply for your SBI education loan without collateral via WeMakeScholars.

As we are officially partnered with SBI, our team can help you get your student loan from SBI within 15 days after all the documents are submitted. And, since WeMakeScholars is an organization funded and supported by the Ministry of IT, Government of India, we offer our services completely free of cost to students. Request a callback today to simplify your education loan process with WeMakeScholars.

SBI Loan Without Collateral: Apply Through WeMakeScholars

WeMakeScholars is an organisation funded and supported by the Ministry of IT, Government of India. Our team is dedicated to helping students get the best education loans. To apply for an SBI education loan through WeMakeScholars, you can simply: 

Step 1: Visit the WeMakeScholars website and fill out the SBI education loan form or simply request a callback. Soon, a dedicated financial officer will reach out to you and help you throughout the entire loan process, right from application to the final repayment of your loan.

Step 2: Provide all the details required by your financial officer. Your financial officer will then analyze your profile and let you know of your eligibility and the documents required.

Step 3: Submit all the required documents according to your financial officer. Your financial officer will take care of the rest of the loan process and will update you on your loan status.

Conclusion

SBI is offering a student loan of up to ₹50 lakhs without collateral for students going to prestigious foreign universities. However, not all colleges are approved for this unsecured education loan service from SBI. The bank has a list of colleges according to which it offers these loans. Many students don’t know which colleges are approved under the SBI education loan college list. 

This article covers the universities under the SBI education loan college list. We have also covered the application process for an SBI education loan without collateral through WeMakeScholars.