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If you want to study journalism, but are worried about the fees, then there is no need to panic. In today's time, education loans have become such an option that does not let your studies stop in the middle. The special thing is that education loans is easily available even for professional courses like journalism. Let us know the important things related to this loan, how much amount can be got, how to get the loan and what is the easy way to repay it.

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

For what things is this amount given?

Education loan is not only for tuition fees, but it also includes hostel expenses, books, laptop, project work and other necessary educational expenses. This means that the loan can cover the cost of your entire studies.

Who can take a loan?

The applicant should be an Indian citizen

In some cases, the bank also requires a co-signer (such as parents or guardians)

The course can be both full time or part time

Easy way to repay the loan

The best thing about education loan is that you do not have to pay any EMI during studies to repay it.

The loan repayment starts after the studies are over, which is called "moratorium period".

Usually, loan repayment starts 6 to 12 months after the studies are over.

You can easily repay this loan in small installments over a period of 5 to 15 years.

What documents will be required?

Admission letter

Course fee details

Previous educational certificates

Aadhaar card, PAN card

Bank statement and income proof (if asked)