It’s a good News for IIT students, Govt planning for a Scheme to provide Interest-free loans to IIT students.IIT students can pay their Education loan without a big burden of Interest by this scheme.
Last year the fee for IIT was increased from Rs 90000 to 2 lakh per Annum.
Students can get Interest-free loan If household income does not exceed 9 lakh per Annum. New HRD Minister Prakash Javadekar now becomes hero among IIT students by providing this kind of offers to them. After Finance Ministry approval the scheme will be active for students.
You can read the complete report on this from Economic times here.