Thursday, October 29, 2009

Education loan helpline launched for government schoolchildren

In Chennai a helpline has been launched for the students of class XII so that they can get information on education loans for higher studies. This facility has been launched by the Gandhian Youth for Peace Trust and Rural Development.

A Suresh Anand, managing trustee of the organization informed that most students studying in government schools don’t have any knowledge of formalities and procedures relating to obtaining an education loan. During the launch of the initiative Annand stated, "Students from private schools are aware of the procedures but we want to consolidate the information, especially for students of Class XII. There are 45,000 students in corporation schools across the 10 zones of the city. We want to reach out to all of them".

Former chief education officer (CEO) C Vijayalakshmi will be the in charge of the helpline. She told in 2006 two students had committed suicide during her tenure as CEO of Perambalur district as they were not aware how to approach the bank manager for a loan. She added, "These students are able to bag ranks and get certificates but lack communication skills. Also, they lack the self-confidence to repay the loan and think they cannot find a suitable job to do so. We want to help them and clear their doubts".

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