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This PPT includes all the necessary and basic information that a person who is applying for the education loan should know. For more details : https://www.empoweryouth.com/education-loans
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WHAT IS EDUCATION LOAN? A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses.
TYPES OF LOANS • Study Abroad Education Loan • Study In India Education Loan • Loan For Educational Institutes
DOCUMENTS REQUIRED • Letter of Admission • Duly filled and signed loan application form • 2 recent passport size photographs • Statement of cost of duty • PAN card/AADHAR card of the student and parent/guardian • Proof of identity and residence
EXPENSES CONSIDERED FOR A LOAN • Fee payable to college/school • Examination/library fees • Purchase of books/equipment/uniform • Travel expenses and passage money for studies abroad • Purchase of computers and any other study related expenses.
There are various financial institutions and other financial bodies like EmpowerYouththat are working very hard to brighten up the future of the students. • These institutes offer various student loans with very low interest rate and even 0% interest rate on some selected colleges. • The application process of such institutes are very simple and secure.