Junior Science Refresher

Lead feature education loan this article can be seen on the page 23^rd of Junior science magazine    

Juniorscience refresher magazine A good education is what poves the path to success, and we believe that everyone has the right to an education that will help them grow and prosper Quality education is a must • for a complete and successful life. For many, it is equivalent to graduating from a top institution. Juniorscience refresher magazine The cost of education is, however, increasing rapidly. In fact, the cost of studying at reputed institutions is already quite high Keeping this in mind, parents, who want to provide their children with the best possible education, invest their money in mutual funds (MFs), fixed deposits (FDs), unit-linked insurance plans (ULIPs), etc. Junior science refresher magazine, for the long term But despite all this, one may still encounter shortage of funds. An education loan, therefore,, plays a vital role in such a scenario by helping to bridge the gap between the shortfall and the required amount. bright group of publications junior science refresher According to studies, the cost of education is increasing at an average of 15% per annum. The tentative cost of an MBA is up from Rs 2.5 lakh to Rs 20 lakh in 15 years. So if a couple starts saving Rs 2,000 per month for 15 years, bright group of publications juniorscience refresher at an average rate of 12%, they will be able to save approximately Rs 9.5 lakhAn education loan covers the basic course fee and other related expenses such as (college) accommodation, bright group of publications junior science refresher exam and other miscellaneous charges.A student is the main borrower. A parent, spouse or sibling can be the co-applicant