Please Help !! ~ Regarding Education loan !! 🙏🙏
Would really appreciate any guidance from people who've been through this process
Does the SBI campus branch loan cover hostel and mess fees, or only tuition? Does the loan cover the total cost of attendance (hostel + mess + tuition), or is it limited to tuition fees? Also, are there any prerequisites or eligibility conditions? (Accept for the obvious one's that are on the site)
The ₹2.5 lakh that we pay at the time of counselling AKA 1st semester tution fees to confirm and accept our seat, My question is, can this amount be included in the loan? Will the bank reimburse it back to my account after the loan is disbursed, or do we have to arrange that first semester fee entirely on our own and the loan only kicks in from the 2nd semester?
Thanks in advance🙏🙏