Education Loanfor TOEFL
Test of English as a Foreign Language
TOEFL iBT is the preferred English test for the USA and accepted worldwide. Fund your test, prep and study-abroad journey with a single education loan.
TOEFL
English Proficiency Test
ā¹16,900 (~$200)
Exam Fee
0ā120
Score Range
2 years
Score Validity
~2 hours
Test Duration
Accepted in 6+ countries
The Complete Guide
What is the TOEFL?
TOEFL (Test of English as a Foreign Language) is administered by ETS and is the English proficiency test most preferred by universities in the United States. It's accepted by more than 12,000 institutions across 160+ countries.
The TOEFL iBT assesses Reading, Listening, Speaking and Writing, scored out of 120. Most US universities require a total score between 80 and 100, with top programs expecting 100+. Scores are valid for two years.
This guide covers the TOEFL format, fees, where it's accepted, and how an education loan can fund your test, prep and the study-abroad journey it unlocks.
TOEFL Test Structure
The sections you'll be tested on: scored 0ā120.
Reading
Academic passages with comprehension questions.
Listening
Lectures and conversations from a campus setting.
Speaking
Tasks recorded and scored on fluency and coherence.
Writing
Integrated and academic discussion writing tasks.
Where the TOEFL is Accepted
Students applying to universities in the USA and Canada, where TOEFL is especially preferred. It's also accepted across the UK, Europe and Australia. Choose TOEFL if you're targeting US universities or are more comfortable with a computer-based, American-English test.
Common for: All English-medium undergraduate and postgraduate programs, most US universities require a minimum TOEFL score of 80ā100 for admission.
Financing
Funding Your TOEFL & Study Abroad
Your study-abroad education loan can cover more than tuition. Indian lenders and NBFCs (SBI, ICICI, Credila, Avanse, Auxilo) typically allow pre-departure costs, TOEFL fees, coaching, application and visa fees, within the sanctioned loan.
TOEFL opens the door to US degrees costing ā¹45 Lāā¹1 Cr+. Plan both together: FundMyCampus pre-assesses your loan eligibility so you shortlist universities with your budget in mind.
We match you to the right lender and handle the paperwork end-to-end, completely free for students.
Exam & coaching fees
Can be included in your study-abroad loan
Tuition + living + travel
Full cost of your degree abroad
Collateral-free options
From 12+ banks & NBFCs
Free counsellor support
End-to-end, zero student fees
TOEFL & Education Loan: FAQs
Common questions about the TOEFL and financing your study-abroad journey