Study Abroad
MBA Scholarships in Singapore
Discover MBA Scholarships in Singapore to make your dream of studying abroad affordable. Explore top opportunities today!Read more
LoFi
Jun 2, 2025
Study at the University of Melbourne!
Ready to join Australia's #1 university? From world-class research opportunities to vibrant campus life in cultural Melbourne, your journey to academic excellence awaits, and we're here to make the financing seamless and stress-free.
#19
Global Rank
350,000+
Total Alumni Network
320+
Academic Programs
12:1
Student-faculty ratio
Popular Programs at University of Melbourne
Discover world-renowned courses that combine academic rigor with real-world impact
Bachelor of Commerce
Gateway to global business leadership with Melbourne's prestigious commerce program and industry connections
Doctor of Medicine
Join Australia's top-ranked medical school with cutting-edge research facilities and clinical partnerships
Master of Engineering
Innovation meets expertise in Melbourne's engineering programs, ranked #1 in Australia for graduate outcomes
Bachelor of Arts
Explore diverse disciplines in humanities with flexible majors and interdisciplinary learning opportunities
Master of Business Administration
Elite MBA program consistently ranked in global top 100 with strong Asia-Pacific industry networks
Bachelor of Science
Research-intensive science education with access to world-class laboratories and field study opportunities
Diverse Academic Divisions at University of Melbourne
Melbourne Business School
Asia-Pacific's leading business education hub with global executive programs
Faculty of Medicine, Dentistry & Health Sciences
Australia's premier medical research and education center
Melbourne School of Engineering
Innovation powerhouse driving Australia's technological advancement
Faculty of Arts
Humanities excellence with over 40 study areas and interdisciplinary research focus
Melbourne Law School
Top-ranked law faculty producing influential legal minds across the globe
Faculty of Science
Research-intensive programs spanning from pure sciences to environmental sustainability
General Admission Requirements
Academic Qualifications
Minimum 75-93% in Class 12 (Indian students) or equivalent international qualifications
English Proficiency
IELTS 6.5+ (minimum 6.0 in each band) or TOEFL iBT 79+ for most programs
Program Prerequisites
Relevant bachelor's degree with 72-75% minimum GPA or equivalent
Work Experience
2-5 years preferred for MBA and specialized master's programs
Research Programs
Research proposal and supervisor confirmation required for PhD applications
Cost & Financial Information
Lorien Finance Supports
Get up to 100% of your education cost with interest rates starting from 8.35%*
Tuition & Fees
AUD 48,000
Living Expenses
AUD 44,000
Books & Supplies
AUD 2,000
Health Insurance
AUD 600
Annual Cost
AUD 94,600
Ready to Turn Your Melbourne Dream into Reality?
Explore loan options and fund your University of Melbourne study abroad journey confidently with expert support and flexible study abroad loans.
Life at University
Global Campus Network
Experience Melbourne's interconnected world through partnerships with 45+ universities globally. Study abroad opportunities span North America, Europe, and Asia, while exchange students bring international perspectives right to your doorstep in this culturally diverse campus environment.
Diverse Community
Join a vibrant community of 65,000+ students from 130+ countries, where 36% international enrollment creates a truly global classroom experience. With 200+ student clubs and societies, from cultural groups to professional networks, you'll find your tribe while building lifelong connections.
Career Success
Melbourne graduates command average starting salaries of AUD 65,000-80,000, with 85% employment rate within four months of graduation. Access exclusive career services, industry mentorship programs, and networking events with 350,000+ alumni worldwide.
4.7
on
reviewsInternational Alumni Network of 500+ Indian Students
4.7
onreviews
Loan Received: $30,000
Int. Rate: 6.45%
"I had a smooth and hassle-free experience securing a loan with Lorien Finance. They were professional, approachable, and transparent throughout the process, explaining all terms and conditions clearly. I highly recommend Lorien finance and Nishant for reliable financial assistance."
Harsh
Montclair State University
5
Loan Received: $28,000
Int. Rate: 7.24%
"I would like to express my sincere gratitude to Lorien Finance for their outstanding support in assisting me with my loan process. The team took the time to explain all the details, answer all my questions, and provide valuable advice throughout the entire process."
Vaidehi
University of New Haven
5
Loan Received: $35,000
Int. Rate: 4.70%
"I had a great experience with Lorien Finance while securing my student loan. The process was smooth, transparent, and efficient, making it stress-free for me. Lorien’s dedication to helping students achieve their educational goals is truly commendable."
Ayush
University of North Carolina
5
Loan Received: ₹34 Lakh
Int. Rate: 11%
"With straightforward application process I received my loan approval faster than I expected with Lorien Finance. The customer service team was responsive and very knowledgeable. I appreciate their transparency about fees and interest rates."
G. Bhanu
University of Portsmouth
4.7
Loan Received: $30,000
Int. Rate: 6.45%
"I had a smooth and hassle-free experience securing a loan with Lorien Finance. They were professional, approachable, and transparent throughout the process, explaining all terms and conditions clearly. I highly recommend Lorien finance and Nishant for reliable financial assistance."
Harsh
Montclair State University
5
Loan Received: $28,000
Int. Rate: 7.24%
"I would like to express my sincere gratitude to Lorien Finance for their outstanding support in assisting me with my loan process. The team took the time to explain all the details, answer all my questions, and provide valuable advice throughout the entire process."
Vaidehi
University of New Haven
5
Loan Received: $35,000
Int. Rate: 4.70%
"I had a great experience with Lorien Finance while securing my student loan. The process was smooth, transparent, and efficient, making it stress-free for me. Lorien’s dedication to helping students achieve their educational goals is truly commendable."
Ayush
University of North Carolina
5
Loan Received: ₹34 Lakh
Int. Rate: 11%
"With straightforward application process I received my loan approval faster than I expected with Lorien Finance. The customer service team was responsive and very knowledgeable. I appreciate their transparency about fees and interest rates."
G. Bhanu
University of Portsmouth
4.7
Your Complete Study Abroad Guide Starts Here
Explore expert guides, blogs, and tools to help you plan your study abroad journey with confidence and clarity.
Frequently Asked Questions
01
What’s the typical processing time for a Union Bank education loan?
01
What’s the typical processing time for a Union Bank education loan?
01
Union Bank generally processes loan applications within 7 working days when assisted by Lorien Finance, thanks to streamlined documentation and follow-up.
02
What does the loan cover?
02
What does the loan cover?
02
Union Bank study abroad loan covers tuition, living expenses, travel, accommodation, and study materials.
03
How long will my loan repayment period be?
03
How long will my loan repayment period be?
03
The repayment tenure can extend up to 15 years, starting after the moratorium period (course duration plus one additional year).
04
Do I need collateral or a co-applicant to apply?
04
Do I need collateral or a co-applicant to apply?
04
No-collateral loans are available up to ₹40 lakhs, especially for universities in Category A. For higher loan amounts, collateral may be required. A co-applicant with stable income and good credit is mandatory.
05
What interest rates does Union Bank charge for study abroad loans?
05
What interest rates does Union Bank charge for study abroad loans?
05
For unsecured loans (up to ₹40 lakhs), rates start around 9.5–9.75%. Secured loans begin at approximately 9.25%, depending on collateral and university category.
06
What’s the maximum loan amount I can get from Union Bank for studying abroad?
06
What’s the maximum loan amount I can get from Union Bank for studying abroad?
06
You can borrow up to ₹40 lakhs without collateral. With collateral, Union Bank offers loans up to ₹1.5 crore depending on your profile and university ranking.
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609 Greenwich St, New York, NY 10014
INDIA Office
New Delhi - Plot No.1/262, Westend Marg, Saket, New Delhi 110030
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Contact Us
Call Us
+91 9311015550
hello@lorienfinance.com
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Disclaimer: Lorien Finance is a loan advisory platform that connects applicants with regulated financial institutions, including banks and NBFCs. Loan approval, terms, and interest rates are solely determined by our lending partners and are subject to their internal credit policies. Lorien Finance does not charge applicants any upfront fees and does not guarantee loan approval or interest rates.
Disclaimer:
Lorien Finance is a loan advisory platform that connects applicants with regulated financial institutions, including banks and NBFCs. Loan approval, terms, and interest rates are solely determined by our lending partners and are subject to their internal credit policies. Lorien Finance does not charge applicants any upfront fees and does not guarantee loan approval or interest rates.