Abstract
Higher education is one of the growing horizons in present scenario. This paper has been designed with the objective that whether education loans are beneficial for students both in rural and urban area. The data’s are based on the information obtained from primary sources which includes 135 students who have taken education loan from the banks. Secondary data is collected from relevant websites and reports These loans are therefore a method for private contributions towards the costs of higher education in a easy way. An aim where student support system is to ensure their upfront costs do not deter potential students. The education loan scheme is beneficial for all whether these are students, educational organizational or banks.
Keywords: Banks, Beneficial, Educational organizations, Education loan, Students.
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