The Lovely Professional University has set up a separate loan assistance cell to enable the students, at the time of admission, to obtain loans from banks with which the university has tie ups. Students can avail Education Loan Facility in the first year as well as in the subsequent years.
What are the requirements for applying education loan?
Documents required for an Educational Loan:
- Duly-filled application form.
- 2 passport size photographs.
- Graduation, Secondary School Certificate, or High School Certificate or mark sheets.
- KYC documents that include ID, address, and age proof.
- Signature Proof.
- Income Proof of parents or guardian.
What are the documents required for LPU admission?
Required Documents Character/School Leaving/Transfer Document. Entrance Test Rank/Score Card. Three passport size photographs of the student. Proof of Residence.
Can we pay fees in installments in LPU?
Hi, The fees is taken semester wise and there is no installment system in LPU. At the time of admission you have to pay tuition fees for the first semester, examination fee for first semester, prospectus fee, but for hostel fee you have to pay annual Fee.
What is soft financing?
A “soft financing” or “soft loan” is a loan given with next-to-no or no interest with extended grace periods, offering more leniency than traditional loans. Many developing nations that need funds but cannot afford to borrow at market rates.
What is the interest rate for education loan in SBI?
SBI Education Loan Interest Rates
| Schemes | Maximum Loan Amount | Interest Rates |
|---|---|---|
| SBI Student Loan | Rs.20 lakh | 8.15% to 8.65% |
| SBI Scholar Loan | Rs.40 lakh | 6.85% to 8.15% |
| SBI Global ED-Vantage | Rs.1.5 crore | 8.15% to 8.65% |
| SBI Skill Loan | Rs.1.5 lakh | 8.15% |
What is the fee structure of LPU?
Lovely Professional University, Jalandhar Fee Structure and List of Courses Summary
| Course | Duration | Fees |
|---|---|---|
| Master of Science [M.Sc] | 2 year(s) | 3,84,000 |
| Master of Science [M.Sc] {Hons.} | 2 year(s) | 1,92,000 |
| Post Graduate Diploma | 1 year(s) | 1,09,200 |
| Bachelor of Arts [BA] | 3 year(s) | 5,04,000 |
What if I fail in LPUNEST?
Hi, Yes, you can GET direct admission in LPU without the NEST. NEST (National Entrance and Scholarship Test) is totally based on the scholarship criteria. Yes, you can GET direct admission in LPU without the NEST. NEST (National Entrance and Scholarship Test) is totally based on the scholarship criteria.
Can you apply for LPU while at home?
You can even submit your admission application while at home:- Once your application is received, it would be reviewed and verified in terms of minimum eligibility required in the applied program. You would be issued an Offer Letter on fulfillment of eligibility criteria.
How to submit pending documents for LPU international?
An email to submit pending documents – In case LPU admission officer finds that any document (s) is missing in your admission application; you will get an email and would be asked to submit the required document (s) to complete your admission application.
When do residential facilities for students in LPU start?
The location of the Residential facility, floor and room pattern are subject to change from time to time. Residential facility will be provided till the end of the regular academic session including regular exams or 10 months from the start of session, whichever is earlier.
How to get a bank guarantee for a loan?
1 First, the applicant will apply for a loan from the beneficiary or a creditor. 2 These 2 parties have to comply to apply for a bank guarantee 3 The applicant needs to apply to the bank to provide a guarantee for the loan taken from the creditor. 4 The bank will now provide the bank guarantee and provide financial instructions to the advising bank
