Education Loan

Leap Finance secures $100 mn debt facility from HSBC to help int'l students

Lack of affordable and flexible financing is one of the biggest challenges faced by many high-quality students in their pursuit of a global education

Rupee at 87 per dollar: Indian students must opt for INR loans abroad

Indian students often come across a difficult question when it comes to borrowing: whether to take an education loan in Indian Rupees (INR) or US Dollars (USD)

Taking a loan to study abroad? Be prepared to pay margin money of 10-25%

Those getting admitted to non-STEM courses and lower-grades institutes must be prepared for stringent checks, higher interest rates, and more collateral requirement

Cabinet approves PM-Vidyalaxmi to provide aid to meritorious students

Rs 3,600 crore outlay outlined for the scheme till FY31

Cabinet approves PM-Vidyalaxmi scheme for students; know all about it

As per the NIRF rankings, students admitted to any of the 860 top-ranking quality higher educational institutions (QHEIs) in India will be eligible for the PM-Vidyalaxmi scheme

Avoid debt trap after taking education loan: What students must be wary of

If you take an education loan and can't secure a job after completing your studies, it can lead to serious financial stress

Budget 2024: Loan up to Rs 10 lakh for students' higher education, says FM

Union Budget 2024: Finance Minister Nirmala Sitharaman has allocated Rs 1.48 trillion for education, employment, and skilling initiatives

Education loan: Key factors to consider before applying

Planning to take education loan: Here are best loan rates by various banks

A look at student loan interest rate for studying in India and abroad

Parents may use education loan, dollar assets to lessen TCS impact

Travellers may split forex purchases, use international cards on foreign sites, and book various elements of the trip separately

42% faced with higher EMIs, 74% see loans become more expensive: Survey

42% have seen their EMIs go up and 21% have seen both EMI and tenor increase, according to a survey by Bankbazaar.com Of these, 76% have seen their interest rate increase by more than 1%

HDFC Ltd inks pact with BPEA EQT-led consortium for 90% stake sale

Mortgage lender HDFC Ltd informed the bourses that it has executed definitive documents for the proposed disinvestment or sale of approximately 90 per cent stake in its education loan subsidiary

Course, institute determine lender's willingness to offer an education loan

Be prepared to shell out 10-20% of the total cost out of your own pocket when you go abroad for studies

Bharat's foreign education dream gets bigger but is coming at a cost

Dim job prospects at home, burden of collateral taking a toll on students from rural India

Explained: Does the new tax regime adversely affect household savings?

New tax regime does not have tax deductions as is given under various provisions such as 80C or 80D of the Income Tax Act

Education loan disbursal target for FY23 set at 13.5% lower than FY22: Rpt

In FY22, the country's financial system disbursed education loans for Rs 23,640 crore and for 12 PSBs in India, the target for FY23 has been fixed at Rs 20,450 crore

Use data on education loan defaults to rank courses

Information on default rates of specific courses and institutions should be made available to the public. Students could use it as one of their selection criteria

Start-up LeverageEdu gets RBI approval for financial services unit

Company raised $22 million in funding in March earlier this year at a valuation of $120 million

Parents' income, child's record count in getting education loan: Experts

Students joining a professional course at a top-notch college will find it easier to get approval

Tackle higher cost of foreign education with diligent planning: Experts

When deciding on a college and country, estimate the entire cost and not just the tuition fee and accommodation