HOW TO GET AN EDUCATIONAL LOAN?
March 8th 2010 04:32
HOW TO GET AN EDUCATIONAL LOAN?
A large Number of students feel handicapped for accessing the higher avenues of education particularly the professional courses on account of the high costs involved at the admission stage and the recurring annual fees. While the government does tries to help through its scholarships, the numbers are not enough to meet the requirements of all the deserving and talented students. Under these circums-tances, the facility of educational loans being advanced by the banks
comes.
Government of India in consultation with Reserve Bank of India (RBI) and Indian Banker’s Association (IBA) has framed a Comprehensive Educational Loan Scheme to ensure that no deserving student in the Country is deprived of higher education for want of finances. The new scheme covers all type of courses including professional courses in schools and colleges in India and abroad.
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