Education Loan News in India 2010

• British graduates to remain in debt till mid-50s 11/Nov/2010
• The British government's economic reform plans which include hike in university  tuition  fees  and higher taxes will leave many graduates in debt until their mid-50s, a study has found. According to a study by Money Mail, graduates on modest incomes face an effective tax  rate of 45 ..
• Interest subsidy available for this academic year too: Chidambaram 24/Oct/2010
• Union Home Minister P. Chidambaram has said that interest subsidy for educational loans will be available for eligible candidates for current academic year 2010-2011 too. Addressing a function at Vriddhachalam near here organised to give away educational loans on Saturday, Mr. Chidambaram said that the ..
• Banks cant deny education loan citing low marks, says HC 17/Sep/2010
• Madras High Court categorically stated that banks cannot refuse educational loans to students citing the reason less marks. Aiding to the rescue of a dalit boy who was denied educational loan because he had scored less than 45 per cent marks, the Madras high court told that it was unfortunate banks were ..
• Study loans at low rates of interest? 14/Sep/2010
•  Every student in the country wanting to pursue higher education can get education loan at low rate of interest if the proposal to establish a National Education Finance Corporation becomes a reality. This proposal of the Ministry of Human Resource Development has two components — one, to offer ..
• More than 5 lakh education loan beneficiaries from TN 1/Sep/2010
• As many as 20 lakh students availed education loans across the country till March this year of which 5.61 lakh benificiaries were from Tamil Nadu, according to Union Home Minister P Chidambaram. Speaking at the silver jubilee celeberations of Shrimati Indira Gandhi College here, Mr Chidambaram said one ..
• Banking on the system 5/Jul/2010
• Did you know that the government has framed a Comprehensive Education Loan Scheme to ensure that no deserving student in the country is deprived of higher education for want of finances? This scheme covers all sorts of different courses including professional. So how can you avail of this loan? ..
• Weaker section students to get loan at four per cent 16/Jun/2010
• Students from weaker economic backgrounds can now hope to get education loans at interest rates as low as four per cent per annum, with the government considering an institutional mechanism for ensuring affordable access. The conference of State Education Ministers on Friday will discuss among ..

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