Over 1,500 apply for education loan

VILLUPURAM: Over 1,500 applications seeking education loan were
received at a special camp organised at the Collectorate here on
Saturday.
Collector R. Palanisamy said that the camp was an initiative by Higher
Education Minister K. Ponmudy to encourage students pursuing higher
education.
Bank loans would be disbursed to students who want to enrol for
engineering, medicine, arts and humanities courses. Priority would be
for those from economically weaker sections. Based on the stipulated
criteria, all other eligible candidates who fulfil the norms would
also get loans. Candidates from 22 panchayat unions in the district
attended the camp.
Applications and attestations were scrutinised on the spot and
allotted to banks, which were directed to process them within 20 days.
Candidates whose forms were being rejected would be informed.
Those who missed the camp could submit applications at the weekly
grievance day sessions at the Collectorate.