Yes, loans will help you to manage your studies and from a financial point of view too, using loans would be a better option than using savings. You can decide to invest the savings and use loan to fund your studies and finally when you get a job you can repay the loan as well as add to your investments.
If you are from India, I recommend approaching WeMakeScholars, they won't charge anything and will help you get the best loan available according to your profile. They are very helpful and have guided many students, so, they have extensive experience in this domain. I was guided by Mr Ayannsh Singh during the whole process, and from my experience I can say that they try their best to get the best deal for you.