An Analytical study on Students Educational Loan in Tirunelveli District of Tamilnadu

Authors

  • Mrs. Reena Andrew, Dr. M. C. Shibin Tad, Dr. K. A. Janardhanan

Abstract

Educational financing is the strategy for help for students in higher education. Cash is lent to the students at a financed rate to help towards their support costs and to take care of the expense of educational cost charges. Graduates reimburse these advances to the administration after their pay surpasses the limit level. These credits are thusly a strategy for private commitments towards the expenses of higher education. A point of the understudy emotionally supportive network is to guarantee that the forthright expenses don't dissuade potential education. Graduates reimburse understudy advances and, for the most part, have better than expected salaries. The blast in the financial part has prompted the arrival of a huge measure of assets for training advances. Presently, instruction credits are effectively accessible from different banks in India and this change is empowering an ever increasing number of understudies to take up advanced education in spite of their money-related weaknesses. Many nationalized just as private banks have thought of different instructive advance plans that understudies can profit by. The present study is carried out in the Tirunelveli District of Tamilnadu. The education loan is to offer economic support to deserving students for pursuing education loan in India and abroad. The aim of the study is to understand the present trends relating to the educational loan, as well as the repayment behavior of beneficiaries of an educational loan. Data has been collected through a personal survey

Published

2020-02-29

Issue

Section

Articles