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STUDENT LOAN MORATORIUM
A foreign degree at zero cost? These scholarship strategies can turn your dream of overseas education into fully funded studySecuring prestigious scholarships for studying abroad requires more than just academic merit; it demands years of dedicated groundwork and ...- Can you fulfil your study abroad dream without going broke? Here are 7 ways to minimise costsStudying abroad involves more than just academic merit; it's a significant financial investment. Indian students often underestimate hidden...
- Fewer student visas for US & Canada prompt NBFCs to change lending gameNBFC education loan growth is slowing from 77% in FY24 to a projected 25% due to stricter US and Canadian visa policies. This shift prompts...
- Education loan moratorium can hike Rs7.5 lakh loan to over Rs 10lakh even before EMI repayment starts: Be carefulWhile education loan may help you achieve dream education however it comes with a cost in terms of interest payment. The mechanism of inter...
- Banks propose easing top up of study loans for higher studiesBanks in India have proposed to the Reserve Bank of India (RBI) that the first unpaid education loan should be reclassified as 'standard' a...
- Is student debt forgiveness no longer available? Here are US President Joe Biden's remaining alternativesUS President Joe Biden's plan to forgive the debt of millions of students is being litigated in the courts. However, given the current powe...
- Joe Biden to extend student loan moratorium till AugustWhite House is again set to extend the student loan moratorium to allow borrowers to prepare well for the loan repayment. Borrowers will no...
- What happens to education loan of students who have fled UkraineHere is what students and parents need to know about how to deal with the education loan taken to fund studies in Ukraine and what they can...
- US President Joe Biden extends moratorium on student loan repaymentsThe move is expected to impact the student debt of some 41 million people. "We know that millions of student loan borrowers are still copin...
- How can you reduce the burden of education loan amid coronavirus pandemic?For students and recent graduates, repayment of education loans has become a problem because hiring has almost come to a standstill. If you...
- IIMs want banks to go easy on student loansThe Indian Institutes of Management anticipate delays in onboarding of students graduating this year, and don’t rule out problems for the c...
- Bank vs NBFC: Keep these factors in mind while taking an education loanAccording to Crif High Mark, an RBI-approved credit bureau, 90 percent of education loans taken are from public-sector banks by value and v...
- Restructured education loans not to be treated as NPAs: RBIThe RBI's response was on a clarification sought by the IBA whether the education loans with extended repayment period be treated as restru...
- Loan interest subsidy to benefit 9 lakh studentsFinance Minister P Chidambaram has proposed to provide interest subsidy on outstanding education loans sanctioned before March 2009.
- Find your way out of a student loan defaultYou can reschedule the education loan despite lack of quality placements and meagre salaries.
- Opt for the right loan for B-school educationEducation doesn’t come cheap. But don’t allow the high fee structure to keep you away from that coveted B-School degree. Opt for the right ...
- Education loans to get cheaper as govt offers subsidised interestEducation loans will become cheaper with the government planning to pay the interest for the duration of the academic programme, for which ...
- Interest subsidy on educational loansStudents from disadvantaged economic backgrounds will no longer face financial problems in pursuit of higher education as the government is...
- SBI reduces interest on education loans by up to 2.5 pcThe country's largest lender, State Bank of India on Tuesday said that it has lowered interest rates on education loans by up to 250 basis ...
- Govt considering proposal to subsidise interest of education loansThe government is considering a proposal to subsidise the interest component on loans given to students for higher professional courses dur...
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