Private College Student Loan

education loan dilemma?

i secured an education loan for engineering from sbi in mumbai now i have got a drop after my second year(cannot do third year without clearing first year subjects) will i still be able to get an education loan when i go to third year or will i have to start repaying the loan? i was in second year and was supposed to start third year this year but i got a drop so i will have to clear the backlogs this year and join in third year next year

Public Comments

1. You should have to continue your studies, whatever faculty, to retain student status to receive loans. Or else star repay.