Thursday, 2 June 2011

Student loan by UBL

Every student want to get high qualification. but many students cannot bear all the expenses during their studies and their families also can not afford their expense. Their financially position weak in this age of inflation.So our aim to support these students by giving them loan that they able to get education and remain independent in society. After getting high education they will be able to get good and reason able job that is beneficial not only for themselves but also for the country betterment.

ELIGIBILITY
Under the scheme the students are eligible to apply for loans provided:
He/She has obtained admission on merit through normal course/procedure in the approved Universities/Colleges of the public sector mentioned hereunder.
He/She falls at the time of admission within the age bracket of:-
For Graduation Not exceeding 21 Years
For Post-Graduation Not exceeding 31 Years
For Ph.D Not exceeding 36 Years
He/She has secured 70% marks in the last public examination.
He/She has undertaken the study of the subjects given below.
He/She is unable to pursue studies due to financial constraints.
After you graduate college you generally have a "grace period" before you have to start paying back your student loans. For most loans it is usually a period of six to nine months. Lenders give you this amount of time to find a job and generate an income.
Stundents get the amount of loan on fix interest rate
The government is not the only way to get money for your studies. Banks also issue loans called student lines of credit. In order to qualify, you need to be enrolled in an institution.

Loans from banks differ quite a bit from government loans, but they tend to be a good option if you need additional funding or if you are ineligible for a government loan.
To apply for a loan must contact the lender and complete an application. Most lenders provide borrowers with the ability to apply on-line or request an application over the telephone. Once an application is completed and submitted, the lender will request information from the borrower’s other lenders or from its own system to determine the amounts outstanding on the borrowers loan
Consolidation loans have fixed interest rates that are based on the weighted average of the interest rates on the loans being consolidated. A lender can pay it in given time period.
When your student loan payment is due, you likely will receive a notice from your lender or servicer telling you what amount to pay and where to send the check.

12 comments:

  1. There is any loan available ?

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  2. This is really a good scheme of student loan..
    It is really a bad thing if loans are issued by banks.Student should get opportunity of this thing..

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  3. Thanks For sharing this Superb article.I use this Article to show my assignment in college.it is useful For me Great Work.
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  4. sir i want to be a doctor but merit is too high and i cant afford fee at self ? so will u give loan of my whole study ? and tell me about the wholw procedure ??

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  5. sir i want to be a doctor but merit is too high and i cant afford fee at self ? so will u give loan of my whole study ? and tell me about the wholw procedure ??

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  6. Sir i want to get loan for continue my education .will u give me loan for completing Bs

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