From education loan to roll of honour

  • | Tuesday | 12th December, 2023

Lucknow: Coming from the economically weaker section (EWS) category, their journey in their dream institute could take off only after an educational loan was sanctioned.With their course over now, the dream run of Ishan Sharma (BTech Information Technology) and Pathan Moin Khan (BTech Computer Science) is set to culminate into a historic moment where President Droupadi Murmu will confer on them the coveted gold medals at the convocation ceremony of Indian Institute of Information Technology Lucknow on Tuesday.President Murmu, who will be the chief guest on the occasion, will confer seven gold, silver and bronze medals each to the meritorious students.It was my dream to study at IIIT-L as it is known globally for its coding culture. I got admission under the EWS category as my father is a clerk in the government department, said Ishan, who hails from Bulandshahr.I decided to take an education loan to study at this prestigious institution. Studying here allowed me to do a paid internship at a renowned cab service provider. I paid a few installments of my loan from my internship money while the remaining I will pay once I join Google as a software engineer, he said while dedicating the medal to his mother Neha and father SK Sharma.Another gold medal winner Pathan Moin Khan hails from Tenali in Andhra Pradesh.My father works as a goldsmith hence it was not at all possible for us to afford the BTech fee. I took an education loan. It was IIIT-L coding culture that brought me here, said Moin.In the fourth year of the course I spent most of the time doing paid internships so that I could support my family financially. Now since I have bagged a job in a leading multinational I will be able to pay my loan. I dedicate my medals to my parents and IIIT-L teachers, he said.We also published the following articles recentlyKey things to consider before taking an education loanEducation loans in India serve as a financial bridge, enabling students to pursue higher studies and achieve their academic goals, leading to fulfilling careers. These loans are accessible to students from diverse economic backgrounds, both within India and abroad. The loan amount is determined by factors such as course fees, institutional reputation, and the applicants financial situation. Interest rates on education loans vary based on the lender, loan amount, and market conditions. Repayment options are flexible, starting after course completion, with a grace period for securing employment. Additionally, education loans provide tax benefits under Section 80E of the Income Tax Act. It is important for students to understand the terms and conditions, including interest rates, repayment schedules, and associated fees, to maintain a good credit score and avoid adverse effects on their credit history.India draws from Lucknows hum over main tehzeeb: President Droupadi MurmuPresident Droupadi Murmu praised Lucknows inclusive culture, heritage, tehzeeb, and nafasat. She emphasized the importance of preventive healthcare and urged doctors to spread awareness about heart health. Murmu expressed hope for affordable healthcare and a healthy, prosperous India built through collective efforts. She also acknowledged the contributions of Anandiben Patel, Rajnath Singh, and Atal Bihari Vajpayee to the welfare of Lucknow and the nation. The event was attended by Patel, Singh, and deputy chief ministers Maurya and Pathak.Chhattisgarh: Agronomy expert Dr Anil Dixit gets gold medalDr. Anil Dixit of ICAR-National Institute of Biotic Stress Management was awarded the Gold Medal at the National symposia on climate-smart agronomy for his outstanding work in weed science and integrated weed management. He received three fellowship awards for his significant contributions to herbicide technologies. Dr. Dixit is recognized for his commitment to bridging the gap between scientists and farmers by transferring agricultural technologies to end-users. The award ceremony was attended by eminent personalities, including Padam Shri Dr. Arvind Kumar and Dr. S.K. Choudhary, along with Assistant Directors General. The event brought together 500 scientists, making it a significant gathering in the realm of agronomy.

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