Madurai girl gets ₹30 lakh collateral-free education loan

P. Sindhu, from an economically poor background, was unable to chase her dream of pursuing higher education in a foreign university due to paucity of funds but thanks to a unique scheme launched in November 2022, she was offered a collateral-free education loan.

P. Sindhu, from an economically poor background, was unable to chase her dream of pursuing higher education in a foreign university due to paucity of funds but thanks to a unique scheme launched in November 2022, she was offered a collateral-free education loan.

Unable to mobilise funds, she had to take a one-year-long break after completing B.Sc. Geography from Sri Meenakshi Government Arts College for Women despite having got admission into post-graduate course in International Relations from over a dozen foreign universities.

“The fee for the one-year course was around ₹20 lakh to ₹32 lakh. I could not mobilise enough loan last year,” said Sindhu from Arapalayam.

Her father Pughalenthi works for a LPG cylinder agency as a mechanic repairing gas stoves.

The course of International Relations was available in Jawaharlal Nehru University, Delhi University and some of the leading private universities too.

“But, I thought learning the course with international exposure will help my cause and was determined to join the course though I knew no way to raise funds,” Ms. Sindhu said.