Education Loan
Education loans typically come with a fixed interest rate and repayment period, and the loan amount can vary depending on the needs of the student and the cost of education. The lender may require collateral, such as property or a co-signer, to secure the loan. Before applying for an education loan, it’s important to research the different options available and compare interest rates and repayment terms. Students should also consider other forms of financial aid, such as scholarships, grants, and work-study programs, before taking out a loan.