Tamil Nadu Government and banks are jointly conducting education loan camps to benefit students in all districts of Tamil Nadu. In view of this, a special camp for huge educational debt was held in Chennai. People can register for this camp through e-service center. The initiative of conducting education loan camps in collaboration with banks by the Tamil Nadu Government is aimed at providing assistance and support to students in pursuing higher education. These camps serve as platforms for students to avail themselves of various benefits and services related to educational loans. This Notification was published on 14.02.2024.
Education loans provide financial support to students who aspire to pursue higher education but may lack the necessary funds. These loans cover various expenses such as tuition fees, accommodation, books, equipment, etc. Government-backed student loans often come with lower interest rates compared to other types of loans. This makes repayment more manageable for students after they complete their education.