Why Repaying Your Education Loan is Important

It then dawned on him that in his aim to own his dream house and save money for it, he had completely neglected paying his education loan, thereby costing him his home in Mumbai. Like any other loan, it is vital to know that an education loan is a credit facility provided to help one pursue his/her higher education. Like any other form of credit, education loans have to be repaid once one completes his/ her course and gains employment. Also like any other loans and credit cards, education loans…

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Education Ministry Launches Online Module To Track, Re-Enrol Out-Of-School Children

The Ministry of Education on Friday launched an online module to compile data on out-of-school children that will facilitate age-appropriate admissions for children in the 6-14 age group. The ministry also said that for out-of-school children in the 16-18 age group, financial assistance will be provided for the first time in the 2021-22 session to allow them to continue their education through open or distance learning mode.\ “Taking care of every student of India is our government’s top priority. Accordingly, The department of school education and literacy developed an online…

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Education Loan Defaulters Disqualified From Applying For SBI Jobs: Court

Madurai bench of the Madras High Court has issued a notice to the State Bank of India ordering that applicants defaulting on loan payments should be disqualified and barred from applying for jobs at the bank. In its recruitment drive for Probationery Officers, Junior Associates and Junior Agricultural Associates, the bank has said those who have defaulted on loan repayments, even for credit cards, will not be eligible to apply. The decision has left many like Ravi Kumar – a young engineer from Chennai – shattered. Ravi has still not…

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Continuing education: Night at the School

For countless people like Kamble and Jadhav, night schools seem to be the only viable option to improve their future prospects. These schools, however, are now being destroyed by a toxic combination of budget cuts and political neglect. Over the years, night schools in Maharashtra have seen neglect with many having no teachers or support staff. A number of schools are also facing problems of paying rent for hired spaces from which they operate. “These schools have been bridging the gap in society by providing opportunities to the have-nots. But…

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Planning to Take an Education Loan? Here Are a Few Tips

Overview: With the cost of education skyrocketing, educational loans have come to play a pivotal role in many people’s lives. These loans help anyone who wants to pursue higher education. They are most useful when it comes to courses at premier institutions that cost a lot. Parents can afford to send their children for higher education and students can also pay for their own education. These loans can be funded by jobs that they get after completing the course. But educational loans can be a significant burden if they are…

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Indian Government Education Loan Schemes To Help Students Study Abroad : Interest Subsidy

1. Padho Pardesh What are the objectives of the Padho Pradesh Scheme? The objective of this scheme is to awards interest subsidy to meritorious students belonging to economically weaker sections of the notified minority communities as declared in section 2(c) of National Commission for Minorities Act, 1992 so as to provide them better opportunities for higher education abroad and hence enhance their employability. What are the eligibility criteria of the Padho Pradesh Scheme? You should have secured admission in the approved courses at Masters level/Ph.D./M.Phil level abroad courses. You must…

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Education Loan for Abroad Education at the Lowest Interest Rate

With the increasing cost of higher education, more and more students are now considering studying overseas, and to cover the expenses for the same, the majority of students apply for an overseas education loan. Not only does an education loan help students in paying for their tuition fees but if chosen wisely an education loan also helps with other things like tax benefits and in building a good credit score. The overseas education loan market is flooded however there are certain financial institutions that offer an education loan at a…

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Online education and childhood

Covid-19 is a misfortune that has affected not only in our lifeworld but it is affecting the lifeworld of the entire world. It is tough to believe that there is any section of the society that has not been affected by the virus in some way or the other. The pandemic has resulted into a lot of disturbances in various events owing to disturbances in the process of socialization. Senior citizens and children have been particularly affected by this mishap. Children who require a free and progressive environment in the…

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Education Abroad: Trends Expected in 2020

The science of the mind and human behaviour is known as psychology. It is interdisciplinary and overlaps with various fields such as social science, life science, and artificial intelligence. Psychology as a vocation in India has much potential. A career in Psychology in India is gaining importance, and its demand is on the rise. Choosing a career in Psychology has become one of the most popular career options for humanities students. It offers a myriad of career opportunities ranging from the medical field to a social worker or a counsellor in the educational…

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Online learning and education for all during and after Covid-19 pandemic

Since the COVID -19 pandemic has disrupted the normal lifestyle of people across the globe, the virtual world has come to the rescue. Amongst many institutions schools have also shifted their base to virtual platforms to conduct classes online. Consequently, catering to the needs of all stages of education from pre-primary to university level, online education has emerged as an alternative to ordinary face to face classes. Accordingly, various stakeholders such as government and private organizations are trying their best to assist each other by sprucing up their existing online…

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