Showing posts with label loan scholarship. Show all posts
Showing posts with label loan scholarship. Show all posts

Sunday, July 27, 2008

Wakf Board Scholarship for Muslim Students

Kerala State Wakf Board instituted Scholarship for brilliant Muslim students who are financially backward. Every year they are calling for application before jul 31. You can collect the application form either from the wakf board offices in Ernakulam/Kozhikode or download from Wakf board website

Till last year the scholarship amount accounts to 2700/ per annum. For more details and application form please clickhere

or visit the website http://www.keralastatewakfboard.org/

Saturday, July 26, 2008

KSBCDC Loan Scholarship For Backward claases

Why can't we call an education loan at an interest rate as low as 4% as a loan scholarship? When our economy is growing at a rate of 8% and an inflation of 11.5% certainly 4% is negligibly small. More over getting a tax benefit during your employment for the interest you are going to repay.


Lets look at the educational loan scheme from Kerala Backward classes development corporation(KSBCDC), which covers 90% of your education expenditure subject to a maximum of 50000 per year.

The applicants annual parental income should be less than 55000 INR and currently the loan is available for professional education

For more details and application procedure clickhere
or visit http://www.ksbcdc.org/pages/educational_loan.htm

One plus point for the minorities is they need to pay only 3% as interest.