It is needless to say that education is compulsory to everyone around. A man with no education suffers a lot of humiliations and negligence. However, with soaring prices of every commodity and services, receiving a good higher education has become an expensive affair.
This is true many of you are not born with a silver spoon; you need to consider several times your financial status before you apply to study abroad for higher education. In the absence of any amenity you might have to suspend your educational plans.
However, now you can put all your worries at bay; education loans have been designed to fund your education and complete your studies without any financial difficulty. Now, you need not have to discontinue your studies due to the lack of money.
A lot of financial institutions and local government authority aid you to seek educational loan for higher studies. You can apply for education loans despite of the fact you have a poor credit history. You need to get in touch with some lenders in the market who tackle with bad credit loans but they charge a high interest rate on such loans. Education loans bear your tuition fees, accommodation fees, meal charges, transportation expense etc.
Today lots of universities provide its students financial assistance which is a great monetary help for finishing education. For a bright and hard working student scholarship programs are also launched by the college every year. This financial assistance depends upon the department, University and the course or program you are doing.
Usually there is more financial aid for graduate levels rather than under- graduate programs and the degrees like Engineering, medical and physical science are given more preference as compared to management or social studies.
The federal loans or government loans are another option to complete your higher education and secure your tomorrow. Today government of many countries gives its students an incredible opportunity to go abroad for higher education without compromising with their dreams and future.
To apply for government loans, you minimum age should be 18 year and must have a clean background. You can apply for government loans for seeking education in Medical, Engineering, Commerce or Management studies.
You can apply for education loan from the private banks as well but you should have a good credit record for that. These private banks have higher interest rate and they keep a very strong background check.
Once your loan is approved you may relax and finish your education without any worry of repaying the loan installments. It is mentioned on the document that your loan repayment starts once you have finished studies and have started working in a company.
However, if due to some personal or professional reason you are not able to find a job immediately then you are given a grace period which could be between one to two year. Therefore, you get plenty of time to repay your bank loan and focus on your career.
Educational loan is provided for basic education and professional or technical education. The education loans have become an effective tool for the students to finish their education and make their career secured and safe.
This is true education in US and UK lures most of the youngsters for world class environment and excellent job placements. You can now enjoy this quality education and global exposure by applying for education loans.
Looking back, it's easy to identify why education was important for me, and it's easy to explain why it's important for you. The key question to answer is: can you see why it's important? Sometimes that's difficult, especially when you're facing it or going through it.
Years of education can seem like a lifetime of effort. Often school can be tedious, and there are many more entertaining things to do than sit in a classroom. Nevertheless, instead of viewing your school work as a lifetime of effort, think of it as an investment of a lifetime - an investment in you and your lifetime.
Take it from someone who made a good decision to work hard and obtain a high school diploma, then a Bachelor of Science degree from the local university, education is a key to success. More specifically, an education provides opportunities for upward and lateral mobility.
Of course there were distractions to deal with at school, like entering the workforce and earning money, chasing the opposite gender, and hanging out with friends, but thankfully I kept my sights set on graduating, and never veered off course. And, I've never regretted my resolve or the effort it took to achieve my educational goals.
Here are six good reasons why you should make the most of the time you spend in school. This isn't an exhaustive list by any means, but it's a good start, and should be more than sufficient to convince you to rededicate yourself to a good education as a wise investment in you - an investment that can't be taken away and goes with you throughout your life.
1. Whether it's high school or college level classes, your interest and performance will help point you in a general direction of a career path. Your aptitude is uncovered by more than just a few tests. Often it's shown in your skill and level of participation in various classes.
If I followed the interests that my aptitude tests indicated back when I was in high school, I'd be a forest ranger right now, looking forward to another 12 years of work before I retired. Instead, I early retired five years ago after running my own consulting business for just seven years.
2. Education helps you become a more well-rounded individual by exposing you to different ideas and learning how to apply them at least in a limited way. For the most part, education helps you be a generalist in many areas, and a specialist if you study in a particular area of interest.
Without a broad education, you might have a very limited life where for most things brought to your attention, your response could very well be, "I don't know anything about that." Opportunities in life will come your way much more readily if you at least have sufficient interest in an issue, concept, technology, activity or event to know something about it.
3. One result of a good education is the ability to define a problem and formulate a solution. You'll be faced with a multitude of decisions and problems in your life, and a good education will arm you with a range of tools for finding solutions.
Many textbooks provide examples based in everyday life where concepts and problem solving skills can be applied to help us make decisions and draw conclusions. If we aren't armed with the ability to problem solve, then we must rely on others to do so. Solving problems ourselves helps make us stronger individuals, whereas relying on others simply makes us a dependent.
4. Participation in higher education shows a "can do" attitude - something that is very important for employment in the "professional" sector. It's usually not especially challenging to make it through high school, but those who position themselves for college or the university, while in high school, and then press on with bettering themselves through higher education, are usually individuals who have confidence in themselves and are achievement oriented.
What employer wouldn't be interested in someone who is confident and oriented towards achievement?