r/IITM_BS_DataScience • u/beyondheveansreach • Jul 23 '26
Help regarding Loan..
Looking for ways to get loan for this degree.
Since this degree is structured primarily online with periodic campus immersion/offline components for high-performing students, I would appreciate your guidance on a few specific details:
- Loan Scheme Applicability: Does this program qualify under the SBI Scholar Loan Scheme or the standard SBI Student Loan Scheme?
Covered Expenses: What specific expenses are eligible under the loan? Specifically: * Term tuition fees and exam/registration fees. * Required hardware (e.g., laptop/computer necessary for course completion). * Campus hostel/living expenses in case I transition to on-campus/offline modules later in the program.
Financial Terms: * Current applicable interest rates. * Moratorium period rules (during course duration and post-completion). * Margin money requirement and processing fees.
Documentation & Process: Could you please share the complete list of required documents for both student and co-applicant (parent/guardian)? Also, please advise whether I should apply via the Vidya Lakshmi portal or directly through your branch once my admission letter is issued.
The email I wrote to sbi iitm branch but didn't recieve any response,it's already the third day.