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  #1  
14th May 2016, 02:05 PM
Unregistered
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What are the other alternatives for raising fund for education other than bank loan?


Hello Sir,
I have applied for an Education Loan for my MBA but the Bank had been denied my loan application. Can you please let me know what kind of alternatives are funding education without any loan? Please help me to know about this.




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  #2  
15th May 2016, 03:26 PM
SudeepKumarSaha
Senior Member+++++
  
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: What are the other alternatives for raising fund for education other than bank loan?

You should do the following.

- First get to know the cause of rejection of your education loan. There are many banks in India who are willing to give education loan and some even pre-approved loan on certain conditions.
- Hence rectify the cause of rejection if possible and approach a different bank and make a fresh application for education loan.
- If education loan is rejected by various banks, then try for scholarships by performing well in the entrance exams based on which admission is done.
Do you have any question? or have anything to say?



« Steps involved to take loan from SBI for ICWAI course? | Can I get an Education Loan of Rs. 25 Lacs to study MS in USA if my mother is a retired pensioner and owns a house worth Rs.65 Lacs? »

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