Educational Loan
An educational loan is a financial aid option designed to help students cover the costs of higher education, including tuition, books, and living expenses. These loans are offered by banks, financial institutions, or government programs with varying interest rates and repayment terms. They enable students to pursue academic goals without immediate financial burdens, with repayment typically starting after completing the course. Choosing the right loan involves comparing interest rates, repayment flexibility, and eligibility criteria to ensure affordability.
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