Gone are the days when one had to run from pillar to post to borrow money to study abroad. Those who could get it, had to repay it through their nose. Foreign scholarships were the only hope that one had to pray for. Those who got it were lucky. Those who couldn't were damned.
The times are changing, and changing fast. A number of nationalised banks have come up with study loan schemes. Besides some private trusts and endowments are running study loan scheme, the terms and conditions of which vary from organisation to organisation.We give here a variety of options and the aspirants can their choice.
Centvidyarthi Finance for Education (www.centralbank.com)
Eligibility
Students who have secured admission to any of the general/ professional courses including computer and job oriented courses recognised by the Government/Universities, are eligible for education loan to study in India or abroad.
This scheme does not cover correspondence courses.
The student should be between 16 and 28 years. However, the age is relaxable for SC/ST students by two years.
The student should have a good and consistent academic record in previous examinations. In the case of SC/ST, a second class would be sufficient
The scheme covers studies in India and studies abroad.
Studies in IndiaThose pursuing undergraduate/postgraduate studies, management courses in recognised universities/reputed institutions and other professional courses including computer courses and other job-oriented courses recognised by the Government/Universities are eligible.
Studies AbroadStudents taking postgraduate courses in Science, Technology, Medicine, Engineering Architecture and full-time Management Course in M.B.A. and M.M.S. at recognised universities abroad, including law and accountancy are eligible. The course should lead to a Masters Degree or a postgraduate diploma.
The times are changing, and changing fast. A number of nationalised banks have come up with study loan schemes. Besides some private trusts and endowments are running study loan scheme, the terms and conditions of which vary from organisation to organisation.We give here a variety of options and the aspirants can their choice.
Centvidyarthi Finance for Education (www.centralbank.com)
Eligibility
Students who have secured admission to any of the general/ professional courses including computer and job oriented courses recognised by the Government/Universities, are eligible for education loan to study in India or abroad.
This scheme does not cover correspondence courses.
The student should be between 16 and 28 years. However, the age is relaxable for SC/ST students by two years.
The student should have a good and consistent academic record in previous examinations. In the case of SC/ST, a second class would be sufficient
The scheme covers studies in India and studies abroad.
Studies in IndiaThose pursuing undergraduate/postgraduate studies, management courses in recognised universities/reputed institutions and other professional courses including computer courses and other job-oriented courses recognised by the Government/Universities are eligible.
Studies AbroadStudents taking postgraduate courses in Science, Technology, Medicine, Engineering Architecture and full-time Management Course in M.B.A. and M.M.S. at recognised universities abroad, including law and accountancy are eligible. The course should lead to a Masters Degree or a postgraduate diploma.