India, April 10 -- UniCreds, a global student loan marketplace, launched the Fly High Scholarship Program aimed at empowering Indian students pursuing higher education across universities in the United Kingdom, the United States, Canada, and Australia for the 2024-25 academic year.

The education loans industry experienced a notable three-fold increase in student applications for financial assistance post-pandemic, with UniCreds witnessing 4.2x surge.

Noteworthy is the significant uptick in Indian women pursuing higher education abroad, particularly in STEM fields. UniCreds has observed a substantial surge in female study abroad aspirants, with women now constituting 45% of applicants, compared to 25% pre-pandemic. There has been a 16% i...