Education Loan News

The Election Commission has asked the government not to implement a Rs 2,600 crore scheme to provide a moratorium on interest payments on the education loans of 9 lakh students until the elections are completed. The interest-waiver scheme ...

The education loan would be provided by banks to those students who have obtained admission to career-oriented courses e.g. medicine, engineering, management etc., either at the graduate or post-graduate level. Now a days, education is no longer all ...

For students, it is a very common thing to get engrossed with the whole 'loan and tax' saga of education. "Higher education" means full-time studies for any graduate or post-graduate course in engineering, medicine, management or for post-graduate ...

Writing off of education and farm loans, statehood for Puducherry, setting up of the second rocket launch pad in Tamil Nadu are some of the promises made by the DMK party in its poll manifesto released Tuesday. The promises ...

Faced with growing education loan default, Credit Guarantee Fund Scheme for Education Loans has been finalised and is likely to come before the cabinet in the next few weeks. The scheme is jointly prepared by the Ministry of Finance, HRD ...

According to the recent financial report on Education loans, it revealed that it has high takers from Tamil Nadu region. On Saturday, Union finance Minister P Chidambaram said, "Students from Tamil Nadu reap maximum benefits from educational loans provided by ...

The Bharatiya Janata Party (BJP) plans to edge the central government out over the issue of education loan as the nationalised banks do not show much interest in its disbursal, said a party leader Friday. Banks also do not pass ...

The Asian Development Bank (ADB) Thursday said it will lend Bangladesh $500 million to help finance a major overhaul of secondary education to meet the country's need for skilled and technology-savvy workers. The ADB funds - to be provided in ...

Welcoming the USD 100 million Asian Development Bank (ADB) loan to improve education and skills in Meghalaya, Chief Minister Mukul Sangma had said the fund will ensure that the state gets the best teachers, best infrastructure and improved skill developments for ...

We all are aware of the falling rupee. This year, while the rupee has depreciated around 20%, students who dream of studying abroad are left with fear and disappointment. Moreover, there is a raise in restrictions for obtaining the educational ...

CHENNAI: The Reserve Bank of India (RBI) is looking into the complaint against State Bank of India (SBI) for shaming students and their parents for defaulting on their education loan. "RBI's assistant general manager Sharmila Sampath Kumar has sent me ...

We are all aware of few finance companies making a good profit out of loans. Do you think they are doubling their income only with the home loan offers? No, they are not only targeting young professionals but also the growing ...

As we all know, education loans are the only way for higher education, for those who cannot afford the amount demanded by the university/ institute. In such case, the number of students opting for educational loans have been increasing ...

The Lok Sabha was informed that more than two crore students studied in colleges and universities in the country. Replying to a question, the Minister of State for Human Resource Development, Dr. Shashi Tharoor said that over 25 lakh students ...