Special awareness sessions on student loans


In an effort to help more students in the district qualify for educational loans without any complexity, special educational loan awareness sessions were held over the past two weeks, for around 10,000 students who had completed 12th grade. standard this year.

Collector S. Aneesh Sekhar and MP for Madurai Su. Venkatesan chaired a meeting that aimed to provide educational loans to students in districts up to 500 crore for the current year, with officials from the education department and banks, to the Collectorate on Monday.

This is the third round of meetings in the district’s intensive campaign to make it easier for more students to obtain educational loans. As a result of previous meetings, a teacher has been appointed in each of the 357 high schools and high schools in the district, as a nodal officer in their respective schools, to help students learn about loan procedures. Over the past two weeks, these teachers have trained around 10,000 students, who finished 12th this year, on loan procedures.

While interacting with the media after the meeting, MP Su. Venkatesan said, “About 38,000 students in the district have completed the twelfth grade this year. About 20,000 of them could pursue higher education. If we assume that about 10,000 of them would opt for a technical education which requires more student loans, we have managed to reach a good part of the aspirants who could apply for loans this year. We will continue to reach more students. District colleges and banks have been urged to put up awareness banners on college premises on how to obtain educational loans, he added.

Dr Aneesh Sekhar said: “So far, loans amounting to 50 crore have been granted to 630 students. A support service to facilitate educational loans, with a specific contact number, will be set up at the Collectorate this week.

Officials who attended the meeting were also tasked with working in coordination to help deserving students get loans. It was also informed that a review of the number of applications received in the various banks and the number of loans sanctioned by each of them will take place regularly.