ETS India, HDFC Credila alliance to aid Indian students aspiring to Study Abroad
The partnership will offer enhanced opportunities and financial support to aspiring Indian students who want to study abroad. Under this collaboration, the students who will take study loans from HDFC Credilla will be able to avail of test cost benefits on TOEFL and GRE tests.
ETS, the conducting body of study abroad exams like TOEFL® and GRE®, has entered a strategic partnership with the India’s leading education loan provider - HDFC Credila Financial Services Limited (‘HDFC Credila’) to help aspiring students from India seeking admissions abroad.
Omar Chihane, Global General Manager for the TOEFL® Program at ETS, commented on this partnership and said, “This partnership with HDFC Credila represents a significant milestone in our mission to support Indian students in helping them realize their study abroad dreams”.
Students will get cash-back gift vouchers
The main aim of the partnership is to help aspiring Indian students to enable a smooth transition to study abroad destination. However, this offer is only for those who have availed of the HDFC Credila education loans.
As per this partnership, GRE® or TOEFL® test takers from India, under certain terms and conditions, will get a cashback of up to INR 19,110/- in the form of gift vouchers.
While commenting on the cashback, Sachin Jain, Country Manager of India and South Asia at ETS said, “By providing cash back of GRE® or TOEFL® test fees and promoting scholarships amongst Indian students, ETS aims to make international education more accessible and equitable. Additionally, the financial assistance provided through HDFC Credila's education loans, combined with ETS India's scholarships, will significantly reduce financial barriers for Indian students. "
Hitesh Parashar, Chief Business Officer HDFC Credila, added, “Our partnership with ETS India aligns with our mission to provide education loan solutions to Indian students. We are pleased to offer the TOEFL® and GRE® test fee reimbursement and co-promote scholarships that will undoubtedly benefit a large number of students. Together, we aim to make the dream of studying abroad more accessible and attainable for Indian students.”
ETS, HDFC Credila Alliance: More Details
This new alliance aims to help aspiring students secure admissions to top universities abroad and make this journey more accessible as these tests are widely accepted by various institutes outside India.
Moreover, HDFC Credila will co-promote ETS India’s scholarships related to TOEFL® and GRE® tests including GRE® India Contest, TOEFL® India Championship, and the TOEFL® UK-India Scholarship. The cumulative prize money of these scholarships is INR 50 lacs.
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