Families in the UAE Taking Loans for Children's Education

Loans for Children's Education

Paying for higher education is becoming a major expense for families in the UAE. Many are turning to loans and other financial tools to manage these costs.

While UAE nationals can apply for various scholarships, foreign students often encounter limited financial support options. For these students, student loans and institution-provided scholarships are crucial funding sources.

UAE banks offer specialized loan programs for education financing. However, these loans come with conditions, such as proof of steady income and family connections. Loan amounts vary based on nationality, with UAE nationals eligible for up to AED 750,000 and expatriates up to AED 500,000.