Category: Education Loan

Just like everything else, course fees are also getting steeper, particularly when it comes to premium institutions whether domestic or overseas. This is where education loans come to the rescue and offer major financial help to students interested in pursuing higher studies. Here are 9 important tips to help you manage your education loan wisely and […]

With the continued decline in the value of the rupee vs. the US dollar and a substantial increase in tuition fees at overseas institutions, the education loan requirements of Indian students have witnessed a noticeable increase in recent times. According to data provided by education loan providers in India, the loan requirement of students interested […]

Take a look at this scenario: Vaibhav graduates from a premium B-school, with a substantial education loan against his name, and gets recruited by a well-known MNC. However, the financial burden on his shoulders — even though he bags a well-paying job — is immense. Usually for the middle class, a degree from a premier […]

The annual course fees for undergraduate (UG) courses of Indian Institute of Technology (IIT) are expected to be hiked two-fold from the upcoming academic session. This announcement made by the ministry of Human Resource Department (HRD) will lead to an increase of the fees for UG courses at IITs from the current level of approximately […]

When it comes to saving for the future, there is often a conflict of interests while prioritizing between goals. Usually immediate goals like funding our child’s higher education takes precedence over saving for our retirement, which we consider to be an event that will take place, far in the distance. Regrettably, we realise the impact […]

Many Indian students harbour the dream of getting an education abroad for better prospects.   Education in India though cheapest in the world, lags behind in quality. Even as recent as last year, none of the Indian universities, including the IIMs and the IITs figured in the list of the "100 most prestigious global universities". […]

Pursuing higher education overseas is considered to be one of the best ways to get ahead in an extremely competitive world. But with skyrocketing prices for quality education overseas, it is growing extremely difficult for parents to fund their children’s education by themselves. This has led to a near exponential increase in the number of […]

Most parents believe in the oriental theory that the better they are able to finance their child’s college education, the higher their performance and career would soar. They believe that if an individual is not burdened by the heavy weight of an education loan or does not have to work a part-time job to support […]

The rising cost of higher education has made it quite difficult for parents to self-finance their children’s education. Viewing the potential of this market, leading banks in India have introduced a wide range of education loans to cater to the growing need. However, there are often some key differences between the application/evaluation processes followed by […]

If you are planning to go for higher studies and are worried about the financial aspect of it, an education loan may be just the thing for you. As a result of the rising education costs and a rapid increase in the demand for higher studies among a major portion of the Indian population, there […]