Category Archives: Education

Rajkot, a city known for its rich cultural heritage and industrial prowess, is also a hub for quality education. Among the myriad of educational institutions, some stand out not just for their academic excellence but also for the significant financial investment they require. In this article, we delve into the most expensive schools in Rajkot, offering insights into institutions that set the standard for opulent learning. Best Schools in Pune with Fees 1. Greenwood International School Greenwood International School is one of the reputed schools in Rajkot. The school offers a range of educational endeavours for students to learn and grow. Their motto, “ Tell me, I may forget; Show me, I may remember; Involve me and here I learn”, encourages experimental learning over rote learning. The average annual fees at this institution range from INR 70,000 for KG classes to 1,90,000 for 11th and 12th full-day scholars, making it one of the costliest educational institutions in Rajkot. 2. S N Kansagra School S N Kansagra School, one of the best schools in Rajkot, is a name synonymous with quality education and modern infrastructure. With a commitment to fostering academic and moral development, the annual fees at this institution hover around Rs. 2 lakhs for junior nursery classes to 1,60,000 for 12th grade. 3. The Westwood School The Westwood School is one of the best schools in Rajkot; with its global curriculum and state-of-the-art facilities, it stands as a prominent choice for many parents in Rajkot. Parents investing in their child's education here can expect to pay composite annual fees of Rs. 60,225 for Nursery, KG and KG- I and for 11th and 12th classes, it is Rs. 1,00,100 for the 2023-2024 batch. The cost of transportation, books and uniforms is not a part of the composite fees listed by the school. There is also an admission fee that ranges between 5,000 and 9,000 depending on the grade your child is seeking admission. 4. Delhi Public School, Rajkot A part of the renowned DPS Society, Delhi Public School in Rajkot maintains a reputation for academic excellence and a holistic approach to education. The annual fees at this institution hover around Rs. 77, 000 for nursery classes to Rs. 1,00,000 for 11th and 12th classes, reflecting its dedication to providing quality education. Transportation costs that is Rs. 26,000 yearly and one-time admission fees, ranging between 6,000 to 8,000, are charged separately. 5. Podar International School Podar International School is ranked as one of the best CBSE schools in Rajkot. The institute is known for its commitment to academic rigour and holistic development and is another noteworthy institution in Rajkot. Parents seeking enrollment for their children should be prepared for an average annual fee starting at Rs. 49,698 for Primary class students and Rs. 55, 308 for Secondary class students while for Senior Secondary classes, it is Rs. 60,830 to Rs. 63,910. Investing Wisely for Your Child's Education: A Strategic Move As parents aspire to provide the best possible education for their children, the financial commitment involved in these prestigious schools can be substantial. Beyond the immediate expenses, strategic financial planning becomes crucial to ensure a seamless journey through the academic years. One of the most effective ways to secure your child's educational future is through mutual funds. Why Mutual Funds for Education? Diversification: Mutual funds spread investments across various asset classes, reducing risk. Professional Management: Fund managers with expertise make investment decisions on behalf of investors. Flexibility: Investors can choose funds based on their risk appetite and financial goals. Affordability: Starting with as little as Rs. 1000 makes mutual funds accessible for all. How to Get Started? Define Your Goals: Clearly articulate the educational goals you are saving for. Use the College Cost Calculator to know the future costs! Risk Assessment: Understand your risk tolerance and choose funds accordingly. Consult a Financial Advisor: Seek professional advice to tailor your investment strategy. Start Early: The earlier you start, the more time your investments have to grow. In conclusion, while the cost of education at prestigious schools in Rajkot may be significant, strategic financial planning can make this journey more manageable. Mutual funds present an excellent avenue for parents to build a substantial corpus for their child's education. The key is to start early, stay disciplined, and leverage the power of compounding to make those educational dreams a reality. With mutual funds, the path to securing your child's educational future becomes not just a financial choice but a smart and achievable one. Create a Investment Goal for your child's education!

Ranchi, the capital city of Jharkhand, is not just a hub of natural beauty but also a center for quality education. Among its numerous educational institutions, some stand out not just for their academic excellence but also for the hefty price tag that accompanies them. In this article, we delve into the most expensive schools in Ranchi, offering a glimpse into the educational institutions that set the bar for luxurious learning. Create an Investment Goal for your child's education at Rs. 1000! 1. Bishop Westcott Boys' School: Nestled in the heart of Ranchi, Bishop Westcott Boys' School is a name synonymous with quality education and a heritage that dates back to colonial times. This prestigious institution boasts modern facilities and a commitment to academic excellence. The average bi-monthly fees here range from INR 6,000 to 9,000, making it one of the reputed educational institutions in Ranchi. 2. Delhi Public School, Ranchi: A part of the renowned DPS Society, Delhi Public School in Ranchi is known for its holistic approach to education. With state-of-the-art infrastructure and a focus on nurturing well-rounded individuals, the monthly fees at this institution hover around INR 5,000 for lower classes to 7,000 for senior classes. 3. ODM Sapphire Global School: ODM Sapphire Global School is a premium institution in Ranchi, offering a global curriculum and a commitment to providing a well-rounded education. Parents investing in their child's education here can expect to pay an average annual fee ranging from INR 1,20,000 to 2,50,000. 4. Sarala Birla Public School Known for its rich educational legacy and commitment to moral and academic values, Sarala Birla Public School, Mahilong stands among the elite schools in Ranchi. The average session fees at this institution range from INR 5,100 to 5,500 for classes 1 to 12. The admission fees range between 37,000 to 50,000 based on the grade the child is entering. 5. Oxford Public School: Oxford Public School, with its emphasis on academic rigour and holistic development, is another noteworthy institution in Ranchi. Parents seeking enrollment for their children should be prepared for an average annual fee ranging from INR 20,000 to 50,000. 4 reasons to invest in your child's education! Investing Strategically for Your Child's Education: A Prudent Move As parents aim to provide the best possible education for their children, the financial commitment involved in these prestigious schools can be substantial. Beyond the immediate expenses, strategic financial planning becomes crucial to ensure a seamless journey through the academic years. One of the most effective ways to secure your child's educational future is through mutual funds. Why Mutual Funds for Education? Diversification: Mutual funds spread investments across various asset classes, reducing risk. Professional Management: Fund managers with expertise make investment decisions on behalf of investors. Flexibility: Investors can choose funds based on their risk appetite and financial goals. Affordability: Starting with as little as Rs. 1000 makes mutual funds accessible for all. Most Expensive Schools in Noida How to Get Started? Define Your Goals: Clearly articulate the educational goals you are saving for. Use the College Cost Calculator by EduFund to know the future cost of education across the world. Risk Assessment: Understand your risk tolerance and choose funds accordingly. Consult a Financial Advisor: Seek professional advice to tailor your investment strategy. Start Early: The earlier you start, the more time your investments have to grow. In conclusion, while the cost of education at prestigious schools in Ranchi may be significant, strategic financial planning can make this journey more manageable. Mutual funds present an excellent avenue for parents to build a substantial corpus for their child's education. The key is to start early, stay disciplined, and leverage the power of compounding to make those educational dreams a reality. With mutual funds, the path to securing your child's educational future becomes not just a financial choice but a smart and achievable one.

Noida, a bustling city in the National Capital Region (NCR), is renowned for its modern infrastructure and burgeoning educational landscape. Among its numerous schools, there exist institutions that stand out not just for their academic excellence but also for the hefty price tag that accompanies them. In this article, we unveil the most expensive schools in Noida, providing a glimpse into the educational institutions that set the standard for luxury learning. Most Expensive Schools in Kochi 1. Step by Step School: Nestled in the heart of Noida, Step by Step School is a premier institution known for its international curriculum and state-of-the-art facilities. With an emphasis on holistic development, the average annual fees here range from a staggering INR 3,60,000 or 30,000 monthly, making it one of the costliest educational institutions in Noida. The one-time admission fee for the school is 1,75,000 for the batch of 2024-2025. 2. Amity International School: Amity International School, a name synonymous with quality education, has a significant presence in Noida. Its commitment to providing a global learning experience is reflected in the average quarterly fees starts at INR 40,000 and differs based on grade. 3. Lotus Valley International School: Known for its emphasis on innovation and experiential learning, Lotus Valley International School is a sought-after institution in Noida. Parents investing in their child's education here can expect to pay an average annual fee ranging from INR 1,80,000 to 2,20,000. The admission fee is around 70,000 and non-refundable. The yearly transport fee starts at 53,000. 4. Delhi Public School, Noida: A part of the prestigious DPS Society, Delhi Public School in Noida maintains a reputation for academic excellence and a holistic approach to education. The monthly fees at this institution hover around INR 10,000, and there are annual charges of 34,000, while the one-time admissions fee is 55,000 for new students. 5. Shiv Nadar School: Shiv Nagar School offers different boards for student development. You can choose CBSE, IB and IGCSE. The fee heavily differs based on your child's chosen board and class. With a focus on nurturing leaders of tomorrow, Shiv Nadar School in Noida is a premium institution with a fee structure ranging from INR 2,00,000 to 4,00,000. It caters to the holistic development of students through a blend of academics, arts, and sports. Investing Wisely for Your Child's Education: A Strategic Move As parents aspire to provide the best possible education for their children, the financial commitment involved in these prestigious schools can be substantial. Beyond the immediate expenses, strategic financial planning becomes crucial to ensure a seamless journey through the academic years. One of the most effective ways to secure your child's educational future is through mutual funds. Create a investment goal for your child's future! Why Mutual Funds for Education? Diversification: Mutual funds spread investments across various asset classes, reducing risk. Professional Management: Fund managers with expertise make investment decisions on behalf of investors. Flexibility: Investors can choose funds based on their risk appetite and financial goals. Affordability: Starting with as little as Rs. 1000 makes mutual funds accessible for all. How to Get Started: Define Your Goals: Clearly articulate the educational goals you are saving for. Use the College Cost Calculator by EduFund to know the future cost of education across the world. Risk Assessment: Understand your risk tolerance and choose funds accordingly. Consult a Financial Advisor: Seek professional advice to tailor your investment strategy. Start Early: The earlier you start, the more time your investments have to grow. 7 commonly asked questions during university admissions In conclusion, while the cost of education at prestigious schools in Noida may be significant, strategic financial planning can make this journey more manageable. Mutual funds present an excellent avenue for parents to build a substantial corpus for their child's education. The key is to start early, stay disciplined, and leverage the power of compounding to make those educational dreams a reality. With mutual funds, the path to securing your child's educational future becomes not just a financial choice but a smart and achievable one.

Bhopal, a city known for its rich culture and heritage, is also home to some of the most prestigious schools in central India. These institutions boast top-notch facilities, experienced faculty, and a commitment to providing quality education. In this article, we delve into the most expensive schools in Bhopal, shedding light on the institutions that set the benchmark for educational excellence. https://www.youtube.com/watch?v=30q9fjLitHM Most Expensive Schools in Pune with Fees! 1. The Sanskaar Valley School Topping the list of one of the most amazing schools in Bhopal is The Sanskaar Valley School, renowned for its holistic approach to education. Nestled amidst lush greenery, this institution offers state-of-the-art infrastructure and a curriculum that emphasizes experiential learning. The one time admission fees is around INR 63,000 and the average annual fees here range from INR 1,50,000 to 3,00,000, making it one of the costliest educational institutions in Bhopal. 2. Billabong High International School With its global curriculum and commitment to nurturing well-rounded individuals, Billabong High International School is one of the most amazing schools in Bhopal and stands as a prominent choice for many parents in Bhopal. The annual fees at this institution hover around INR 1,80,000 to 2,00,000, reflecting its dedication to providing quality education. 3. DPS Bhopal A part of the Delhi Public School Society, DPS Bhopal maintains a reputation for academic excellence and a focus on co-curricular activities. Parents investing in their child's education here can expect to pay an average annual fee ranging from INR 90,000 to 1,10,000. 4. NRI Global Discovery School Known for its international curriculum and commitment to providing a global learning experience, NRI Global Discovery School stands among the elite schools in Bhopal. The average annual fees at this institution range from INR 70,000 to 1,50,000. 5. Sagar Public School Sagar Public School is one of the most amazing schools in Bhopal, with its commitment to academic rigour and holistic development, is another noteworthy institution in Bhopal. Parents seeking enrollment for their children should be prepared for an average annual fee ranging from INR 40,000 to 70,000. How to Sponsor Your Child's Education? Investing for Your Child's Education: A Smart Move! As parents navigate the financial commitments of providing quality education, it becomes imperative to consider strategic investment options. One of the most effective ways to secure your child's educational future is through mutual funds. Mutual funds offer a diversified and professionally managed investment portfolio. They provide an excellent avenue for parents to grow their savings over time. What's more, starting with just Rs. 1000, parents can initiate their investment journey, making it accessible for various income brackets. The key advantage of mutual funds lies in their potential for capital appreciation. By investing systematically over the years, parents can accumulate a substantial corpus to fund their child's education. The power of compounding further amplifies the returns, emphasizing the importance of an early start. Best Schools in Kochi Why Mutual Funds for Education? Diversification: Mutual funds spread investments across various asset classes, reducing risk. Professional Management: Fund managers with expertise make investment decisions on behalf of investors. Flexibility: Investors can choose funds based on their risk appetite and financial goals. Affordability: Starting with as little as Rs. 1000 makes mutual funds accessible for all. How to Get Started? Define Your Goals: Clearly articulate the educational goals you are saving for. Use the College Cost Calculator by EduFund to know the future cost of education across the world. Risk Assessment: Understand your risk tolerance and choose funds accordingly. Consult a Financial Advisor: Seek professional advice to tailor your investment strategy. Start Early: The earlier you start, the more time your investments have to grow. In conclusion, while the cost of education at prestigious schools in Bhopal may be significant, strategic financial planning can make this journey more manageable. Mutual funds present an excellent avenue for parents to build a substantial corpus for their child's education. The key is to start early, stay disciplined, and leverage the power of compounding to make those educational dreams a reality. With mutual funds, the path to securing your child's educational future becomes not just a financial choice but a smart and achievable one. Start Investing for your child's future!

Pune, often referred to as the "Oxford of the East," boasts a plethora of educational institutions known for their academic excellence and holistic development. In this guide, we explore the top schools in Pune, covering different boards and even boarding options.  Most Expensive Schools in Pune Here is a list of the most expensive schools in Pune for your child's higher education: The Bishop's School, Pune: Fees: Varies based on the section (Primary, Middle, or Senior). Generally considered one of the higher fee schools in Pune. Symbiosis International School, Pune: Fees: Approximately INR 1,50,000 - 2,50,000 per annum. Vibgyor High, Pune: Fees: INR 80,000 - 2,00,000 per annum. DPS Pune (Delhi Public School): Fees: INR 1,00,000 - 2,00,000 per annum. The Heritage School, Pune: Fees: INR 1,20,000 - 2,50,000 per annum. Lexicon International School, Pune: Fees: INR 1,00,000 - 2,00,000 per annum. Please note that these figures are indicative and may vary based on the grade, facilities, and other factors. It's essential to contact the schools directly for the most accurate and detailed fee information. https://www.youtube.com/watch?v=30q9fjLitHM Top Schools in Pune with Average School Fees  The Bishop's School  Board: ICSE  Average Fees: INR 50,000 - 1,00,000 per annum  Symbiosis International School  Board: CBSE  Average Fees: INR 1,50,000 - 2,50,000 per annum  Vibgyor High  Board: CBSE, ICSE  Average Fees: INR 80,000 - 2,00,000 per annum  DPS Pune  Board: CBSE  Average Fees: INR 1,00,000 - 2,00,000 per annum  The Heritage School  Board: CBSE  Average Fees: INR 1,20,000 - 2,50,000 per annum  https://www.youtube.com/watch?v=u0MRtCeA2RU CBSE Schools in Pune  Symbiosis International School: Average Fees: INR 1,50,000 - 2,50,000 per annum  DPS Pune: Average Fees: INR 1,00,000 - 2,00,000 per annum  The Heritage School: Average Fees: INR 1,20,000 - 2,50,000 per annum  ICSE Schools in Pune  The Bishop's School: Average Fees: INR 50,000 - 1,00,000 per annum  Vibgyor High: Average Fees: INR 80,000 - 2,00,000 per annum  Boarding Schools in Pune  The Bishop's Co-Ed School  Board: ICSE  Average Fees: INR 70,000 - 1,20,000 per annum  Lexicon International School  Board: CBSE, ICSE  Average Fees: INR 1,00,000 - 2,00,000 per annum  Investing for Your Child's Education: A Wise Choice  Parents, now more than ever, recognize the need for strategic financial planning for their child's education. The soaring costs of quality education necessitate early investment. Here's why and how:  Inflation Impact:  Costs are Rising: The cost of education is increasing faster than inflation, making early investment crucial.  Power of Compounding:  Start Early, Benefit More: Compound interest works wonders over time. The earlier you invest, the more time your money has to grow.  Education-Specific Investments: Explore Options: Look into education-specific investment plans like Unit Linked Insurance Plans (ULIPs) or dedicated education funds for tailored benefits.  Diversification Strategies:  Spread the Risk: Diversify your investment portfolio to mitigate risks and ensure stability in funding your child's education.  Professional Guidance:  Consult a Financial Advisor: Seek advice from financial experts to create a personalized plan that aligns with your financial goals.  Start Investing for your child's future here Investing wisely today ensures a secure educational future for your child tomorrow. Plan strategically, explore diverse investment avenues, and pave the way for your child's academic success. 

Are you raising your kids in the hilly city of Dehradun? Then you are in luck! The city is home to numerous top-rated schools that attract students from various parts of the country. 10 schools in Dehradun that you must consider for your child’s schooling 1. The Doon School Established in 1935, The Doon School is one of the most prestigious schools in India. Located in the Doon Valley, it is known for its rigorous academics, character development programs, and strong alumni network. The school follows the Cambridge International Examination curriculum and offers a vibrant learning environment. The school fees for Indian residents are close to 12 lakhs with a one-time admission fee of 5 lakh rupees. Expensive Schools in Delhi Read More 2. The Asian School Founded in 1993, The Asian School is a co-educational institution situated in the Rajpur area of Dehradun. Affiliated with the ICSE and ISC boards, it provides a wide range of academic and extracurricular activities, fostering all-round development. The annual fee is around 5 lakh rupees with admission fees of around 80k Expensive Schools in Bangalore Read More 3. Welham Girls' School Welham Girls' School, founded in 1876, is a prominent girls' school located in the Dalanwala area. Affiliated with the ICSE and ISC boards, the school emphasizes academic excellence and holistic development. The annual fee is close to 8.5 lakh rupees with admission fees of around 1 lakh rupees.  Expensive Schools in Hyderabad Read More 4. Welham Boys' School Welham Boys' School, established in 1875, is a leading boys' school situated in the Dalanwala area. Affiliated with the ICSE and ISC boards, the school focuses on academic rigor and character-building activities. The annual fee is close to 5.7 Lakh rupees. Expensive Schools in Ahmedabad Read More 5. Woodstock School Woodstock School is a co-educational boarding school founded in 1854, located in the serene Mussoorie hills, a short distance from Dehradun. The school follows the ICSE and ISC boards and offers a well-rounded education amidst a tranquil environment. The annual fees are close to 18-20 lakhs. Expensive Schools in Mumbai Read More 6. St. Joseph's Academy Founded in 1889, St. Joseph's Academy is a Catholic boys' school situated in the Rajpur area. Affiliated with the CBSE board, the school provides a diverse range of academic and extracurricular opportunities. 7. Brightlands School Brightlands School, established in 1976, is a co-educational institution located in the Rajpur area. Affiliated with the CBSE board, the school focuses on academic excellence and personal growth. 8. Scholar's Home Scholar's Home, founded in 1980, is a residential school for boys and girls in the Sahastradhara area. Affiliated with the CBSE board, the school provides a conducive environment for academic and personal development. The annual fee is around 1 lakh per year. 9. Marshal School  Marshal School, established in 1982, is a co-educational school situated in the East Canal Road area. Affiliated with the CBSE board, the school offers a comprehensive academic and extracurricular program. The school fees are around 50k per year 10. Doon Valley Public School  Founded in 1982, Doon Valley Public School is a co-educational institution located in the Malsi area. Affiliated with the CBSE board, the school aims to provide a nurturing environment for academic and overall growth. The annual fee is around 2.7 lakh. These top 10 schools in Dehradun are amongst the hardest schools to get your kids into! The admission process is very competitive; students have to give entrance exams and even appear for interviews with the headmaster before they are enrolled. Not to forget the high fees that come with a world-class education! Talk To An Expert

If you've come to this page, it's likely that you're looking into getting an education loan to pay for your studies abroad.   Studying abroad may be a rewarding experience that presents a wealth of chances for both professional and personal development. However, there might be a considerable cost associated with getting a degree abroad. To pay for their foreign studies, many students turn to student loans, but there are a few typical mistakes that can be made when applying for loans.   High interest rates, trouble repaying loans, and other financial problems might be brought on by these errors. In this post, we'll go over some of the most typical mistakes students make when taking out student loans to fund their international studies and offer advice on how to prevent them. Apply for Education Loans Stay away from these blunders 1. Not reading the terms and conditions  When taking out an education loan for international study, one error to avoid is failing to carefully read and comprehend the loan's terms and conditions. To make sure you comprehend the interest rates, repayment alternatives, and any costs or penalties associated with the loan, it's crucial to read the tiny print and ask any questions you may have.  It's also crucial to take into account the whole cost of the loan, which includes the principal borrowed, interest, and any other expenses. After you graduate, make sure you have a clear repayment strategy in place and that the payments are manageable given your anticipated post-graduation salary.  Finally, only take out as much credit as you need. Only borrow what is needed to pay for education, housing, and other necessities after carefully evaluating your financial condition. Overextending your borrowing capacity could result in future debt that is unneeded and financial stress.  Rules for taking education loans Read More 2. An incorrect estimate of the cost  It's a big financial choice that needs considerable thought and preparation to take out an education loan to study abroad. Underestimating their costs is one of the most frequent errors that students make when taking out a student loan.  Students frequently concentrate on the upfront expenses while making plans to study abroad, such as tuition, living expenses, and travel expenses. Yet, there are other additional indirect expenses that can mount up quickly, including those for books, supplies, meals, and travel. Accurately estimating these fees can be difficult, particularly if the student has never lived in the nation previously.  Many issues can arise because of underestimating costs. First, the student might become broke while studying, which could be stressful and have an effect on their grades. After graduation, they might have to take on extra debt or work part-time, which would add to their financial load. Second, kids might not be able to go on trips or take part in extracurricular activities, which could limit their international exposure. Finally, individuals might be forced to make painful lifestyle compromises that could harm their general well-being.  Students should think about the following advice to avoid underestimating costs while taking out an education loan for studying abroad:  Do your homework: Students should thoroughly examine the cost of living in the country they intend to attend school. They should take into account all costs, including indirect ones like food, transportation, and entertainment.  Talk with professionals: Students should speak with education loan companies or advisors who assist them in organizing their finances for study abroad programs. These professionals can give them precise cost information.  Create a budget: Students should put together a sensible budget that accounts for all costs and distributes money appropriately. Also, they need to budget for any unforeseen costs that might occur while they are away from home.  Be conservative: It's better to estimate costs that are too high than too low. When evaluating costs, students should use cautious estimates and make backup plans.  https://www.youtube.com/watch?v=7Y0V6Z0lcJs 3. Dependence on a single lender  It's crucial to weigh all of your options and not rely entirely on one lender when taking out an education loan because doing so increases your risk of making mistakes that could wind up costing you money in the long run. There may be fewer options available, so it's critical to evaluate and contrast the many loan options to choose which one best suits your financial condition and academic objectives.  It is crucial to take into account the possibility of higher interest rates, undisclosed costs, flexible repayment options, and diversification when taking out a student loan. Interest rates may be higher than expected, and you may not be aware of the expenses involved with the loan. Flexibility in repayment is also crucial because different lenders could provide different levels of flexibility.   Finding a loan that offers good conditions and matches your financial situation might help you spread your risk and diversify your portfolio.  An overseas school loan is a substantial financial choice that has to be carefully thought out and planned. When submitting a loan application, students and their families can make a number of typical blunders that can lead to long-term financial troubles.   While taking out an education loan, some typical mistakes to avoid include not doing your homework on the lender, borrowing more than you need, forgetting to read the loan's terms and conditions, not checking into all your loan possibilities, and depending on just one lender. It is crucial to do extensive research on the lender and loan terms, figure out the precise amount of money you need, read and comprehend the loan's terms and conditions, investigate multiple loan options, and avoid relying on just one lender to avoid making these blunders.   Planning and being proactive are ultimately the keys to avoiding blunders when taking an education loan overseas. You can locate a loan that matches your needs and enables you to pursue your academic objectives without experiencing undue financial hardship by taking the time to properly investigate and weigh your options. Taking out a student loan can be a wise investment in your future if you approach it correctly and make the necessary preparations. FAQs Why does an education loan get rejected? There are several reasons behind loan rejection. It could be due to incomplete and fake documents, the co-applicant's poor credit history, low marks in school or college, low repaying capacity, etc.  Can I get an education loan with 50% marks? Yes, some banks do provide loans to students who have scored 50% marks in school. Connect with us here to know more! What are the conditions for an education loan? Some basic conditions for an education loan are: The applicant must be a student between the age of 16 to 35 years of age, must be an Indian citizen, must have a co-applicant, must have a conditional or confirmed admission letter for processing, must have the capacity to pay back the loan and a satisfactory credit history that meets the bank's requirements. TALK TO AN EXPERT

Choosing between an education loan vs self-finance for your child’s higher education is as tough as planning for a child's higher education. Most parents consider self-financing a viable alternative to pay for their child's education by liquidating valuable assets like land or FDs or borrowing from family, friends, and relatives. Such financial assistance is not available to all families. This is when a student loan can help. Let’s look at the benefits of student loans and their preference over self-financing. Self-financing  Taking out an education loan can be a financial burden for most students and parents, so they prefer self-financing as a viable option to avoid future debt. For one reason or another, students don't want to be burdened with EMIs when they can pay for everything at once. What exactly qualifies as self-financing? Self-financing may be preferred in the following circumstances: Paying for your own education Request for financial help from family, friends, or relatives Securing funding from a third party (excluding government banks or education loan providers) Education Loans In the debate between education loan vs self-finance, education loan has emerged as a strong competitor. The demand for student loans in India has increased steadily even during the pandemic. Collateral loans or Secured loans are offered based on the collateral provided. When a borrower pledges collateral to obtain a loan, the lender is guaranteed partial compensation for any outstanding loan debt. In case payments are not made on time, they can seize the mortgage and sell the property. The best mortgage loan providers in India are government and commercial banks Collateral Free or Unsecured loans do not require any collateral to be pledged. These loans are available to students with insufficient assets to pledge. However, when financing unsecured loans, lenders consider factors such as parental income, university ranking, and fees are taken into account when considering unsecured loans. Education loans vs Self Finance Conclusion Student loans come with several benefits, whereas self-funding has limited benefits. Self-funding your child's higher education can help reduce your child's financial burden. Saving for a child's higher education may be tricky, but if you plan early, you can start from a small amount and create a large corpus over time to protect your child's future. If you are facing difficulty in saving and do not know where to invest your savings, then download the EduFund app today and connect with experts to know how you can save and plan for your child's higher education. FAQs What is self-financing? Self-financing is when you pay for your education or tuition fees out of your own pocket without taking on any debt or liability. Which is better, a personal loan or an education loan? An education loan is better if the aim is to pay for your education expenses. A Personal loan is better if you need it for vacation expenses or personal needs. What type of loan is best for education? An education loan is the best type of loan to finance your education. It is designed for students who wish to better their lives through good quality education and upskilling. Education loans have relatively low interest rates, a moratorium period to take debt-free while studying, flexible tenures and much more. TALK TO AN EXPERT

Recent statistics state that 32 million children up to the age of 13 have never attended any school in India, and 47 million secondary and higher secondary students drop out because of domestic and financial reasons.  Education can open new doors of opportunities so that children can leave their life of poverty behind and step into a better and enriched life.  Bright children seek education, and one of the best ways to fulfill their dreams is through sponsorship. To know how to sponsor a child’s education, then you must go through this blog. What is a sponsorship? Sponsorship in the context of a child’s education refers to a program that allows an individual, a group, or a business entity to offer monetary contributions so that the money donated can help in educating the child. How much does a sponsorship cost? The cost of sponsoring a child’s education fluctuates from INR 1,000 per month to INR 3,000 per month. The amount varies from donor to donor and organization to organization. If the sponsor wants to pay only for the tuition fees, then they can do so, but if they want to pay for related expenses, there is also a provision for that.  Payments can be made every month or as a lump sum amount for a year. What does the beneficiary get? Financial aid and associated benefits of most sponsorship programs concerning a child’s education cover-  School expenses like tuition fees, lab fees, uniforms, textbooks, and stationery (pen, pencil, rubber, geometry box and sharpener, etc.). Nutritious and balanced meals. Medical screenings and health care to ensure physical and mental well-being. Learning vocational skills. Facilitating extra-curricular activities.  Connect children with teachers and mentors. An opportunity to learn and practice literacy skills. Teaching activities that will help in sharpening income-generating skills. Additional read: Best sip plan for child's future Sponsoring a child’s education 1. Select a verified organization You can sponsor a child’s education in India by selecting a verified and genuine organization. These organizations are often constrained by a lack of monetary resources as the number of needy children far exceeds the support options. Numerous non-profit organizations in India have set up the required infrastructure to help children in getting the education they deserve. Some of them have the backing of government agencies, and some are dependent upon business entities for funds.  2. Get the required information You can call the NGOs directly on the phone, email them or conduct an in-person meeting to gather the related information. Ask about the program, how many children they support, what amenities they provide and how you can make a difference. Ask about the sponsorship amount and what it will entail. Will the organization provide only the tuition fees, or will the amount include related expenses? You can also speak about your budget and what benefits it can offer to the child.  3. Select a child Some people believe in creating a personal bond with a child and if you are one of them, then ask the NGO about the children that need education. Select a child and form a connection by speaking with them and making sure both emotional needs and financial needs are met.  When the sponsor becomes personally involved with a child, then they can ask the organization to send periodic reports of the sponsored child to know how the child is faring. They can also visit or write to the child periodically to maintain the bond.  4. Sponsor a child online If you are not interested in creating a one-on-one bond and just want to donate the money as a charitable contribution for income tax purposes, then you can donate online on the NGO site.  The government encourages its well-off citizens to contribute to the education of children who do not have the necessary funds to get admitted to schools and colleges. Donations related to the sponsorship program are eligible for a 50% tax exemption under Section 80 G (5) of the Income Tax Act 1961.  Thus, sponsorship acts as a two-fold beneficial tool. It will provide education to needy children and help the sponsor to claim exemption during the income tax filing.  5. No refund or cancellation Charitable organizations generally do not allow refunds or cancellations of donations by any donor. Hence be sure before making a payment. FAQs What is sponsorship? Sponsorship in the context of a child’s education refers to a program that allows an individual, a group, or a business entity to offer monetary contributions so that the money donated can help in educating the child. What are the benefits of sponsorship? The benefit of sponsorship is to give someone an opportunity to grow and develop their skills. Education sponsorship is meant for students who lack the financial means to support their education and can benefit from sponsorships to build a career for themselves. Conclusion By now, you must have come to know how to sponsor a child’s education effectively. The sponsorship program can create a positive impact on the life of a student who just needs an opportunity to break the cycle of poverty and improve their living conditions. TALK TO AN EXPERT

Helping your child to manage finances and build credit is the responsibility of every parent. A credit card is often the first step toward making college-going students accountable for their decisions.  Should a parent give their child a credit card for college or not is a dilemma because there are both pros and cons attached to the situation. https://www.youtube.com/watch?v=uYlrsx9_yog&t=4s Advantages of giving your child a credit card for college  1. Handle emergency A credit card will come in handy during emergencies. Suppose the student has a car breakdown on their way to college or has to pay for something unexpectedly, then they can withdraw the necessary funds from a bank or use the credit card directly to make the payment.  2. Establish good financial habits A credit card helps the student to build life-long skills and establish good financial habits. Managing the money and paying the credit card balance each month will ensure that the student becomes financially responsible from an early age. 3. Build credit history Proper use of a credit card will have a positive impact on the credit score and credit history. Giving your child a credit card for college will help them to build a credit history that they can use later on to make important purchases or to get a much-needed loan. Disadvantages of giving your child a credit card for college  1. Unnecessary burden  Going to college is a landmark for a child as they generally leave their comfortable surroundings for the first time and start taking ownership of their actions. A credit card is a responsibility that has to be handled with care as its misuse can prove harmful. Using and managing the credit card and tracking balances may add stress on the student who already has other challenges to consider.  2. Risk to the credit If the child is unable to act responsibly, then it can have long-term damage to the credit score. If a parent has co-signed the card, then their credit can also be at risk. How to decide whether your college-going child is ready for a credit card Ask yourself some tough questions to determine whether you should get your child a credit card for college or not. Can your child follow the rules? Is the child capable of handling the additional responsibility of a credit card, or are they likely to go on a spending spree? Do they understand the concept of a credit card? Will they be able to make payments every month, or will they forget to do so? Every child is different and so are their actions. A parent knows their child the best. Look at past actions and determine whether the child is capable of handling the responsibility of a credit card. 1. Preventive measures for safe use of credit card If you are still concerned about your child using a credit card in college, then take some precautionary measures so that the child can benefit from the experience and come out stronger.  2. Explain the fine print Explain the fine print and walk your child through every small detail. The card user should be aware of the fee schedule, the terms of repayment, interest rates, late penalties, and the importance of paying the balance of each month on time.  3. Give a detailed explanation of the use of a credit card  Make sure the child understands the concept of the credit card and both the pros and cons of the credit card scheme. Emphasize the point that any misuse will have consequences, and proper handling will reap life-long rewards.  4. Set some ground rules  Your child will be using the credit card for the first time, hence set some ground rules at the onset to avoid any unpleasant surprises down the line. Be specific about what the card can be used for and what purchases are out of bounds. Focus on the responsibility of paying the credit card amount and how it will be reimbursed.  5. Put a limit on the available funds Put a limit on the available funds so that the child is not tempted to spend beyond their means.  6. Make sure the child follows the rules Keep a check on the credit card statement and make sure that the child follows the set rules.  Conclusion Giving a credit card for college can be a wise choice if the parents can communicate both the pros and cons of its use to their child effectively. Do not set them free so that they can do as they please; instead, establish boundaries and show them the ways to build a financial future. Consult an expert advisor to get the right plan TALK TO AN EXPERT

Before we get into the nitty-gritty of how to get an education loan without collateral for MS in the US, let us first understand how much the MS will cost your child. Get an education loan for your MS in the USA here! https://www.youtube.com/watch?v=fufyFB9aMQI https://www.youtube.com/shorts/D43JJkkQPQI How much money do you need? MS in the US is a graduate-level (master) course done over a period of 18 -24 months. These can be fast-tracked or done over a longer period if the student chooses to do this as a part-time course. The average cost of doing an MS degree typically ranges from Rs. 40 lakhs to Rs. 60 lakhs, depending on the course of study and the institution. This amount can go higher if the student opts for a private university in the USA. Once you decide on the child’s course of study and institute, the task is to get a ballpark on the costs and other travel and living expenses that your child will incur over the course duration. Considering the loans While the public sector and some large private sector banks insist on collateral for such large loans, there are several lenders in the banking and non-banking sectors today who issue education loans of large amounts without collateral. Additional read: How to repay education loans faster? Things to note when taking an education loan without collateral When you take an education loan without collateral here are a few aspects of this borrowing you must keep in mind: 1. Recognized Universities Lenders typically have a list of institutions for which they provide education loans. So you will have to ensure that the institute where your child is taking admission is on the list of most of the lenders. 2. Loans cover different parts of the expenses Some cover only tuition fees, while others may cover travel and part of the living expenses too. So when you are asking about the details, check on these facts. Expenses that are not covered in the loan will have to be borne by you. Ensure you have the reserve finances for that. 3. Credit history matters In loans issued without collateral, the credit history of the cosigner (typically the parent) is considered. So make sure you keep your credit record clean and positive at all times. Most of these loans will also require a guarantor. You must understand that the guarantor is legally bound to make good on the payment if the student / co-borrower defaults. 4. High-interest rates These types of loans also carry a higher rate of interest ranging from 12% to up to 15% per annum. 5. Processing period Processing time in most lending companies for an education loan of this nature is quite short: 2-5 days. So once you have identified the institute and the course, and have an admission offer in hand, you can start the application process for an education loan without collateral for MS in the US. 6. Check on Scholarships You can also consider exploring the scholarships available for students planning to pursue MS in the United States. This can help ease the burden of your loan. Always visit the university website, and check if you are eligible for any monetary compensation, rewards or waivers that can help reduce your loan amount.   7. A collateral loan without property can be tough to pay off FDs, Bonds, mutual funds investments – all of these instruments are also considered as collateral, depending on the policies of the various companies. While a loan without collateral may seem easier to get in the start, it is definitely more expensive and will put a bigger debt burden on your child. Try to borrow an amount you feel comfortable paying off, be regular with your payments, and look for competitive interest rates before deciding on any one loan plan. https://www.youtube.com/watch?v=TNVvKy460dQ Why are capital market investments good for you? The benefit of these instruments is that you do not need a large sum of money to invest in these at one go: which deters most families from investing in property. Small investments done regularly can go a long way in building a substantial corpus for your child’s MS in the US. Before deciding on an education loan without collateral for MS in the US for your child, make sure to read the fine print and interest rates to make a wise choice for your child’s future. Consult an expert advisor to get the right plan TALK TO AN EXPERT

New Zealand is one of the ideal educational destinations for students pursuing their MBA degree as it offers a wide range of academic choices, MBA specializations, high-quality education, affordable fee structure, and sustainable job prospects.  An MBA in New Zealand is a wise career move as the globally recognized degree can get students the desired job in any part of the world. Moreover, graduating with an MBA from New Zealand may get your child a considerably higher income than their peers in other countries. Getting an education loan for MBA in New Zealand is easier than you think! Apply wth EduFund today Overview of MBA course structure and fees in New Zealand New Zealand is home to some of the finest educational institutions in the world for MBA courses. A full-time MBA requires 180 credits over 12 - 16 months or 60 credits every semester. Students can choose an MBA degree with or without specialization.  Average tuition fees for an MBA in New Zealand are between $26,000 - $37,000 with the highest course fee of $51,396 levied by the University of Canterbury and the lowest tuition fee of $36,800 levied by Manukau Institute of Technology.  The fee structure for an Indian student is between INR 11.4 lakhs to INR 31.3 Lakhs per year, depending upon the university one chooses.  The living expenses of the students depend upon their lifestyle. How to save for an MBA in New Zealand? Although studying for an MBA in New Zealand is affordable compared to the study cost in countries like the UK and the USA, parents do need to save and invest money so that their child can get the desired degree without the burden of an education loan.  Take the following steps to save for an MBA degree - 1. Research Remember the first step of any plan is the most difficult one as it requires thorough research. Gathering information is necessary so that you can create a foolproof plan that will prove fruitful in the long run.  you can also use the College Cost Calculator on the EduFund App to find out how much you will have to pay for your child’s MBA. This will help cut your research time.  Reasons to Study in New Zealand Read More 2. Create a financial plan Create a financial plan that will give direction to your ideas and encourage you to take the necessary steps toward your goal.  How to send your child to study in New Zealand debt-free? Read More 3. Take the help of professionals If you are a new investor, it might become a tad difficult or confusing to make the right decisions. Take the help of professionals because they have the necessary tools and resources to compile the required data and make the correct choices.  The saving experts on the Edufund App are adept at creating a customized financial plan and selecting the best investment opportunities through mutual funds, US ETFs, US stocks, and Digital gold. These experts, along with the Edufund investment calculators, will act as a guiding force and be with you every step of the way.   https://www.youtube.com/watch?v=uYlrsx9_yog&t=4s Top Universities in New Zealand Read More 4. Create a diversified portfolio Do not be dependent upon only one type of scheme. Instead, create a diversified portfolio that includes managed funds, savings accounts, term deposits, mutual funds, etc. The high-accuracy fund tracker on the Edufund App can monitor over one lakh data points and 400 financial situations to make solid suggestions about the most profitable investment schemes. a) Managed funds According to available data, one of the most common reasons for setting up a managed fund is to save money for a child’s higher education. It is feasible to put some money aside in a growth-oriented managed fund as early as possible. By the time the child is of age to study for an MBA in New Zealand, the parents will have saved a good chunk of the required money.  b) Savings accounts and term deposits If you cannot deal with the volatility of the growth fund or have started late and have a considerably shorter period for saving and investing, do not worry. The safest and the best possible mode of saving is by investing in a savings account and term deposits. It is better to add to the term deposits whenever they come up for renewal so that after a few years you can have a good amount of the money for your child’s MBA degree in New Zealand. c) Mutual funds The best investment scheme in the current market is investing through mutual funds. Take the help of SIP for regular investments as the estimated returns are between 12% to 15% in large-cap equity funds and 14% to 17% in mid-cap equities. The SIP calculator on the Edufund App can prove useful in determining the available returns from the chosen funds.  Conclusion International students, especially Indian students consider an MBA in New Zealand a good move as it gives them global exposure to cash in excellent career opportunities in any business sector.  Parents who have the necessary funds through saving and investing can easily send their child abroad and fulfill their dreams of better education, as compared to the parents who have to look at other means to fund their child's education. TALK TO AN EXPECT

Students often apply to more than one college because admission is not guaranteed in any of the institutions. Even if someone has good marks, there is no certainty that it’s enough to reach your dream university. Hence it becomes difficult to know where one might ultimately end up.  Let us first understand what is a college application fee and why colleges levy an application fee before answering the question - Are college application fees refundable? What are college application fees? College application fees refer to the money students must pay when they apply for admission to a college. It is considered negligible compared to the cost of studying in a college, which will include tuition fees and other related expenses.  Why does the college charge an application fee? The application fees help colleges to recover the cost of reviewing the applications. Colleges generally receive a fair number of application forms and it takes time, money, and effort to review each one of them. They have to hire specialists to go through the application forms and assess which of them are eligible for admission. Colleges levy application fees so that only the students who are serious about attending apply. If there were no application fees, every student would be applying to every college, and the overwhelming number of applications would increase the burden on the colleges. What is the average cost of application fees? The average cost of an application fee is between $44 to $50 in most parts of the world. Some of the prestigious colleges charge as high as $105 and $100. The average application fee in these prestigious colleges is $78.  In India, the cost of the application fee is between INR 0 - and INR 3,000. Some of the colleges charge as low as INR 100, whereas some of the prestigious colleges for specific courses have an application fee range between INR 2000 - and INR 3,000.  As students often apply to several colleges as backup, the total cost of application fees can cost them hundreds of dollars.  Why are students worried about application fees if it is such a small amount? Students have to apply to several colleges to increase their chances of acceptance and thus pay the application fees every time. This amount adds up and becomes quite a lot, especially for someone short on funds. Are college application fees refundable? College application fees are non-refundable regardless of whether a student has been accepted into the college or not.  A student can sometimes avoid the application fee by taking the help of fee waivers.  What are fee waivers? Application fee waivers refer to the process where the student does not have to pay the application fees because of special circumstances.  Who is eligible for college application fee waivers? Are college application fees refundable? Well, the answer is no, but students can take the help of fee waivers to avoid the application fee. The applicants must check with a recognized authority or high school counselor to find out if they are eligible for the fee waiver and under which category.  Some of the eligibility criteria for a college application fee waiver are Applicants who are eligible for the Pell Grant. Students who are eligible for the Federal Free or Reduced Price Lunch Program. Applicants in financial aid programs. Member of a family whose annual income is very low. Students living in foster homes. Applicants who are a ward of the state or are homeless or orphans. Members of a family who live in subsidized public housing or on public assistance. Colleges also accept NACAC, ACT, or SAT fee waivers. Additional read: Why India needs a Higher Education Savings Fund? Ways to lower the overall cost of college application fees Application fees can range from $25 to $60 and, the total cost of the application becomes quite high if the applicant is applying to several colleges. Follow the below tips to lower the overall cost of college application fees. 1. Narrow down the list of colleges Students are often tempted to apply to almost all the colleges they prefer, but it is not feasible. Narrow down your choices by shortlisting the colleges that you consider a good fit. Make sure that you meet the eligibility criteria of the college because it will increase your chances of admission.  2. Apply for SAT, ACT, or NACAC fee waiver If the applicant is eligible for any of these waivers, they will not have to pay the application fees. 3. Ask the college Call the admission office and explain your circumstances if you are unable to pay the application fees. If they consider your reasons justified, then the application fees might be waived.  4. Look for colleges without application fees Apply to some of the colleges without any application fees, as it will reduce the overall costs.  FAQs What are college application fees? College application fees refer to the money students must pay when they apply for admission to a college. It is considered negligible compared to the cost of studying in a college, which will include tuition fees and other related expenses. Are college application fees refundable? College application fees are non-refundable regardless of whether a student has been accepted into the college or not. What are fee waivers? Application fee waivers refer to the process where the student does not have to pay the application fees because of special circumstances. Conclusion The most important thing to do before applying to college is to talk to educational counselors to find out the best-fit college for your child. Talking to counselors will also clear all your doubts about college application fees. Download the EduFund app now to talk to the best education counselors in the country.