MoU signed to offer education loans sans any guarantee

MoU signed to offer education loans sans any guarantee

Director NITHM S. Chinnam Reddy   | Photo Credit: BY ARRANGEMENT   National Institute of Tourism & Hospitality Management (NITHM) entered into a Memorandum of Understanding (MoU) with the Indian Overseas Bank, Gachibowli Branch to facilitate education loans to the students without any guarantee or collateral security. Bank Chief Regional Manager Shivkumar Chaturvedi and Director NITHM S. Chinnam Reddy and other officials were present during the signing on Thursday. Two new education loan schemes — Vidhya Surakhas and Vidhya Jyothi introduced by Government of India are to help students studying…

Read More

7 Things To Keep In Mind While Financing Your Education

7 Things To Keep In Mind While Financing Your Education

If you’re an aspiring graduate, or an experienced professional enrolling into a professional MBA program or higher studies, chances are you might need to fund your university education. It also might be one of the biggest financial decisions you make that will impact your earnings potential and financial goals in the long-term. While securing educational loans has become pretty commonplace with all major financial institutions following standard practices in granting these loans, here are some tips to keep in mind before you sign up for one. Finding funds In India,…

Read More

Education institutes must implement anti-ragging committee: Andhra Pradesh DGP

Education institutes must implement anti-ragging committee: Andhra Pradesh DGP

VIJAYAWADA: With many new educational institutes emerging across the state, Director General of Police Nanduri Sambasiva Rao on Friday urged them all to take measures and eradicate ragging in the state. “I have made an official request through the principal secretary of higher education to ensure that anti-ragging committee and anti-ragging squad be established across all higher educational institutes as mandated by law,” the DGP said during a press conference in the city. Making it clear that police aren’t the only main stakeholders in cracking down ragging cases, he said…

Read More

ICT in Higher Education Taking Learning Process to the Next Level

ICT in Higher Education Taking Learning Process to the Next Level

With Class 12th results out, students and parents have been searching for suitable colleges. High on their list are educational institutions which are innovative and offer programmes which impart skills that are in high demand in the job market. To meet this growing demand, Indian educational institutions have been quick to adopt Information and Communications Technology (ICT), taking the teaching-learning process at universities and colleges to the next level, observes Priyanka Sharma of Elets News Network (ENN). It has been estimated that in the next 10 years, more than 50…

Read More

Nepotism in institutes affecting education quality: Parrikar

Nepotism in institutes affecting education quality: Parrikar

Panaji, Jun 15 (PTI) Expressing concern over fall in quality of education, Goa Chief Minister Manohar Parrikar today blamed nepotism prevalent in institutions for it. He said many colleges hire their family members or acquaintance as teachers, which hampers the quality. “If you see the educational institutes in Goa, there is a tradition to employ a person from our own family as a teacher. The result is , the quality of education is impacted,” Parrikar said at an event organised by state-run Economic Development Corporation here. He shared one of…

Read More

Education budget: A paradise lost

Education budget: A paradise lost

“But all was false and hollow; though his tongue Dropp’d manna and could make the worse appear the better reason.” John Milton, Paradise Lost, II.I.112 W e had a vision of a more perfect nation where democracy and equality were more than aspirations. We believed we could make this piece of paradise real with the unity of the people and the purposefulness of our governments. But this has been reduced to an endless series of false and hollow incantations whose lifespan is as transient as its denial in the next…

Read More

Online Education Market In India To Touch $1.96 Bn By 2021 – Decoding The Impact On EdTech Startups

Online Education Market In India To Touch $1.96 Bn By 2021 – Decoding The Impact On EdTech Startups

Online education in India will see approximately 8x growth in the next five years, says a recent report by Google, KPMG. This will have a significant impact on the edtech market that has a potential to touch $1.96 Bn by 2021 from where it stands now i.e. $247 Mn. Traditional education systems (such as classrooms, tuitions) are slowly losing their importance as both students and educators embrace what edtech startups offer – convenience, personalisation, and agility. Then, we have newer concepts such as MOOCs (massively open online courses) gaining popularity…

Read More

Scheme for education loan repayment launched

Scheme for education loan repayment launched

The Rs. 900 crore Education Loan Repayment Support Scheme announced by the State government was formally launched at a function here on Tuesday. Speaking on the occasion, Minister for Education C. Ravindranath made it clear that the government would expand the scheme infusing more funds, if need be, to cover all deserving candidates. “The present amount was arrived at on the basis of preliminary statistics gathered for the purpose. A detailed survey will be conducted to bring in all the deserving candidates and we will earmark more funds for the…

Read More

More funds will be released for education loan repayment plan: C Raveendranath

More funds will be released for education loan repayment plan: C Raveendranath

KOTTAYAM: Education minister C Raveendranath on Tuesday launched the state government’s education loan repayment support scheme at the Town Hall here. Speaking at the function he said, if needed the government will provide more fund and all eligible students will be brought under this scheme. Currently, the government has earmarked Rs 900 crore for the scheme aimed at helping financially backward students. The scheme envisages government support to those who availed education loan for a period of four years. He said that the borrower alone cannot be blamed for failing…

Read More

Trump Administration Considers Moving Student Loans from Education Department to Treasury

Trump Administration Considers Moving Student Loans from Education Department to Treasury

The Trump administration is considering moving responsibility for overseeing more than $1 trillion in student debt from the Education Department to the Treasury Department, a switch that would radically change the system that helps 43 million students finance higher education. The potential change surfaced in a scathing resignation memo sent late Tuesday night by James Runcie, the head of the Education Department’s federal student aid program. Mr. Runcie, an Obama-era holdover, was appointed in 2011 and reappointed in 2015. He cut short his term, which was slated to run until…

Read More