Frequently Asked Questions

UniMoney is a platform that helps students find and compare education loans for studying abroad. We connect you with multiple lenders and provide personalized loan recommendations based on your profile, university, and financial situation.

We support loans for universities in Australia, Canada, UK, USA, and other major study destinations. Our platform works with universities like Monash University, University of Melbourne, RMIT University, and many more.

We offer various types of education loans including secured loans (with collateral), unsecured loans, loans with cosigners, and international student loans. Each option has different interest rates, processing fees, and eligibility criteria.

Loan amounts vary by lender and typically range from ₹5 lakhs to ₹1 crore. The exact amount depends on your course, university, family income, and whether you have collateral or a cosigner.

Common documents include university admission letter, academic transcripts, proof of income, bank statements, identity proof, and address proof. Specific requirements may vary by lender.

Approval times vary by lender, typically ranging from 3-15 days. Some lenders offer faster approvals for pre-approved students or those with strong profiles.

Interest rates typically range from 9% to 16% per annum, depending on the loan type, your profile, and market conditions. Secured loans generally have lower rates than unsecured loans.

Yes, UniMoney is completely free for students. We don't charge any fees for our comparison service. Lenders may have their own processing fees and charges.

Yes, you can apply to multiple lenders simultaneously. However, we recommend being selective and only applying to loans that best match your profile to avoid unnecessary credit inquiries.

Many lenders offer unsecured loans for students without collateral or cosigners. These loans typically have higher interest rates but are designed specifically for students pursuing education abroad.