Here’s a big sigh of relief for all those students who have taken education loan so as to pursue their favourite course from a desired university. According to the announcement made by Finance Minister P Chidambaram, all the students who took loans up to 31st March, 2009 and outstanding as of 31st March, 2013 were eligible for the moratorium and approximately nine lakh borrowers shall benefit from this decision.
This decision was taken keeping in view the heavy expenditure on fees and travels that higher education courses bring along with them. Moreover, the Finance Ministry keeps a close check on the lending by public sector banks under the scheme.
As per the official data, the public sector banks have spent Rs 57,700 crore as education loans and 25,70, 254 such accounts were opened by December 31 last year. Amongst these, the largest number of accounts were opened by State Bank of India (6, 14,957), followed by Canara Bank (2, 45,155) and Indian Overseas Bank (2, 17,045).
It was stated that while banks prefer timely repayment of education loans, under the guidelines of IBA, if any student opts to leave the course half-way or has to extend the course up to a maximum period of two years, the bank can work out a new repayment schedule. In the meantime, the government is also working on a credit guarantee fund for education loans that would provide guarantee for such loans up to Rs. 7.5 lakhs. The prime objective is to offshoot banks to lend more to students without concerns over repayment or defaults.
Union Public Service Commission (UPSC) is set to conduct a combined written examination on 20th April, 2014 for admission in different courses of Army, Navy Wings and Air Force of the National Defense Academy (NDA) & Naval Academy (NA) at 41 examination centres across India, for 375 posts. According to the source UPSC NDA & Na Examination Admit Card 2014 will be available in the last week of March.
Candidates can download their examination admit cards after 31st March, 2014. For more information, visit UPSC NDA NA 1Examination 2014 or http://www.upsc.gov.in/
Uttar Pradesh Education board has recently uploaded the UP ITI (Uttar Pradesh Industrial Training Institute) notification on its official website www.vppup.in/. All the interested candidates can apply online on or before 31st March, 2014. Important details are mentioned below:
- Candidates should have passed class 10, from a recognised board.
- Candidates must have attained minimum age of 14 years.
- For Unreserved Candidates- Rs.250/-
- For Reserved Candidates-Rs.100/-
Click here For Apply Online
The All India Council for Technical Education (AICTE) is likely to declare the result of the Graduate Pharmacy Aptitude Test (GPAT 2014) on Saturday, 15th March, 2014. The results will be made available on the official website: www.aicte-gpat.in. The GPAT 2014 exam score will be valid for one year from the date of declaration of the result. All AICTE approved Institutes/Departments of Universities will accept GPAT scores.
Kerala Engineering Agricultural Medical (KEAM) is an entrance exam series conducted for admissions to various professional degree courses in the state of Kerala, by the Office of the Commissioner of Entrance Exams (CEE) run by the Government of Kerala. The Commissioner of Entrance Exams has rescheduled the dates for the KEAM 2014 entrance exam. As per the notification issued by CEE, Medical Paper II (Biology) entrance examination is rescheduled due to Lok Sabha elections.
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CBSE is allotting new examination dates for the candidates, whose class 12th examinations are clashing with JEE Main 2014 computer based examinations. Candidates are supposed to mention their application number of JEE Main 2014 on the basis of which they will be allotted the new examination dates for the exam. Note: The copy of admit card of class 12th sent by post or sent on any other mail-id will not be entertained. Candidates have to send the admit card with their registered email-id for the JEE Main 2014 Examination. According to CBSE’s website, candidates can download the JEE Main 2014 Admit Card from 12th March onwards.
Here’s a good news for all the aspiring candidates of Odisha JEE 2014 exam, who could not apply for the exam. The last date of application has been extended till 31st March. The decision to extend the date was taken to provide more time to students to apply for the upcoming entrance exam. OJEE 2014 application form must be filled online as there is no availability of offline application form. So, hurry!! Don’t miss out the chance this time and go grab the opportunity.
The Association of Indian Management Schools, AIMS has declared the results of ATMA-AIMS Test for Management Admissions, February 2014. Candidates can download their score cards from the ATMA AIMS official website by logging in through their respective user id’s and passwords.
The Council for the Indian School Certificate Examinations (CISCE) has declared that the Class 12th History exam which was scheduled for April 7, 2014 has been postponed and will now be held on April 11, 2014. This rescheduling has been done due to the dates of the Lok Sabha elections.
The All India Council for Technical Education (AICTE) that conducts the Common Management Aptitude Test (CMAT) every year, conducted the computer based four-day CMAT, February 2014 exam from 20th-24th February. The results will be declared on March 14 on its official website, after which the candidates can download their CMAT 2014 Score card, based on which the candidates will be able to apply in various MBA or PGDM Colleges.