22nd August 2014, 02:26 AM
Posts: n/a

Poor students do not get Education Loan in India

What measure has been taken to give education loan to poor students in detail from beginning till now.
It's fact that poor people do not get edu loan in early india

30th August 2014, 08:20 PM
Senior Member+++++
Join Date: Dec 2013
Location: India
Posts: 8,583
Default Re: Poor students do not get Education Loan in India

There are various measures taken for the poor students in India.

- First of all there are government institutes which have low fees.
- Education norms have been made lenient, it is easy now to get education loans.
- Various scholarships are awarded to students whose family income is less than 1 lakhs annually by various private firms and government.
- The interest accounted during the study period is simple interest unlike compound interests in other kinds of loan.
- Entire study costs, hostel and mess cost is borne by banks.
Do you have any question? or have anything to say?

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