Education and Career Forum

Respected Sir/Madam,
I am getting 30% assistantship of my course fee only. I am getting admission in Canada for Master's Degree. I want to get an Education Loan from Bank of Baroda. Kindly let me know that the assistantship is included in margin under under this Bank Education Loan scheme?

Yes, assistantship can be included in the margin of education loan . As per bank norms, scholarships or assistantship can be included in the margin of education loan. Hence you can include the money from assistantship in education loan amount, however, you need to make sure that the money is enough to meet the margin of your education loan amount. You need to provide the marginal amount at the time of disbursement of loan installments.