If you want to study journalism, but are worrying about fees, then there is no need to panic. In today’s time, education loan has become an option that does not allow your studies to stop in between. The special thing is that an education loan is easily available for professional courses like Journalism. Let us know how much amount can be found related to this loan, how will you get the easy way to repay.

The education loan amount for Journalism studies depends on many things such as the fees of the institute, the duration of studies, and the level of the course (UG or PG). Most of the banks provide education loans up to 10 lakhs for studies in India. If you want to go abroad and do a course of mass communication or journalism, then this limit can be 20 lakh or more.

What are the money for what things?

Education loan is not only for tuition fees, but it also includes hostel expenses, books, laptops, project work and other essential educational expenses. This means that the cost of your entire education can be covered with a loan.

Who can take a loan?

Applicant should be an Indian citizen
The bank also shows the need of co-cinere (eg parent or guardian) in some cases
Courses can be both full time or part time

Easy way to repay loan

The best thing about education loan is that to repay it, you do not have to give any EMI while studying.
Loan payment begins after the end of studies, which is called “Moretorium Period”.
Usually, the loan starts repaying 6 to 12 months after the end of studies.
You can repay this loan in small installments comfortably in a period of 5 to 15 years.

What will be the documents?

Admission letter
Detail of course fees
Previous academic certificate
Aadhar card, PAN card
Bank statement and income proof (if asked)

Also read- How much education loan can be found for hotel management studies, know how to repay in easy installments

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