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  #1  
3rd March 2018, 01:56 PM
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Education loan covers hostel charges and miscellaneous expenses?


Hello everyone, I need to get few information regarding education loan. If I apply for education loan then what expenses covered under this loan with respect to my education. I know tuition fee is there but what about hostel charges and miscellaneous expenses?




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  #2  
19th March 2018, 01:46 PM
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Default Re: Education loan covers hostel charges and miscellaneous expenses?

Quote:
Originally Posted by Unregistered View Post
Hello everyone, I need to get few information regarding education loan. If I apply for education loan then what expenses covered under this loan with respect to my education. I know tuition fee is there but what about hostel charges and miscellaneous expenses?

Yes, education loan covers hostel charges. Students have to provide details about the miscellaneous expenses. Education loan covers the following expenses: Tuition fees, Laboratory fees, Examination fees, Purchase of instruments, Library fees, laptop and uniforms, study material, Hostel charges, purchase of computer (essential for the completion of the course), a Premium insurance policy covering the life of the borrower of a loan, etc. Students can find the details in the bank education loan website link.
Do you have any question? or have anything to say?



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