6 Things to Know Before Opting For Student Loan in India


sdMore Loan Options if you have Served in Military:

Students who have served or are serving in the Military have special loan options and other programs too to help them get the most out of the loan. In most cases, these loans will provide better terms than other types of financial aid. Students will get almost 50 percent loan repayment amount if he/she is eligible for that criteria.

sdKnow How Much You are Willing to Borrow:

Many students with excessive amount of student loan debt decide on an amount that they are willing to take and then find alternative sources of funding for their balance loan amount. Joining the military for a term and using your enlistment bonus and other forms of pay for college can drastically reduce the amount of money that you will need to borrow. Working as a part timer during your college term and in the summer can also help to defray expenses.

Read More: 6 Financial Planning Tips For The World From India

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