Crowdfunding your education refers to the idea of raising small amounts of money from a large number of people. This is being done typically via online platforms and utilised in covering the costs of tuition, books, accommodation, or other academic expenses. This alternative financing method is so popular among students who may not qualify for … Read more
For decades, getting a loan has largely depended on one thing, offering collateral. This could be a house, a car, or even a fixed deposit. These physical assets acted as a safety net for lenders. However, in today’s fast-moving economy, this traditional requirement can often hold people back, especially those who don’t own such assets. … Read more
The Arivu Education Loan Scheme is a financial aid initiative by the Karnataka Minorities Development Corporation (KMDC) under the Minorities Welfare Department, Government of Karnataka. It aims to support students from religious minority communities in pursuing professional courses by providing education loans ranging from ₹50,000 to ₹5,00,000 per year. The loan amount is directly transferred … Read more
Punjab National Bank (PNB) offers a range of education loan schemes designed to support students in financing their higher education, both in India and abroad. Understanding the financial challenges associated with quality education, PNB provides education loans with competitive interest rates, flexible repayment options, and comprehensive coverage of expenses, including tuition fees, accommodation, books, travel, … Read more
Benjamin Franklin once said,”An investment in knowledge pays the best interest.” True to his belief, education is a powerful tool that opens doors to opportunities, personal growth and financial stability, especially higher education. However, the rising cost of tuition, accommodation and other academic expenses often poses a significant challenge for students and their families. For … Read more
Picture your dream of higher education as a thrilling adventure, like climbing a mountain to see a breathtaking view. But, just like any good adventure, you need the right gear! In this case, that gear is often an education loan. Think of it as your trusty backpack, filled with the funds you need to reach … Read more
Student loans provide a lifeline for many aspiring students, enabling them to pursue courses which are too costly otherwise. However, opting for an education loan is a very gigantic financial decision that they must take carefully. One small mistake, like ignoring the high interest rate, can lead to a lifetime of regret and high EMIs. … Read more
With so many banks and NBFCs in India offering access to education loans online and offline, it is now easier than ever to apply for a loan. Therefore, we see more and more meritorious students applying for a study loan. A report from RBI shows that the number of student loans in India is up … Read more
Imagine Nikita, a small-town student in India who applied for admission to a prestigious college in Australia. She applied to many other colleges, but to her surprise, she received a confirmation email from that Australian college. Now, Nikita, who has not gone out of India, has to calculate her living expenses, educational costs, and other … Read more
Do not let your dream of studying abroad die because you could not secure a scholarship, try applying for a study abroad loan instead. ICICI Bank is offering a loan for study abroad, which extends financial assistance of up to ₹3 crores! This ICICI Education Loan for Study Abroad is offered to students who have … Read more