EduFund Blogs

Inflation is one of the root causes of price hikes in the education sector. The essential needs of students like uniforms, textbooks, tuition fees, school shoes, and transportation costs have become so expensive that it is slowly becoming impossible for a common man to afford his child’s education.  “How does inflation affect education?” is one of the common queries of every household all over the world. Although education is considered a child’s right, in reality, it is a luxury not all can afford. Currently, the education inflation is at 10 – 12 percent and parents are finding it impossible to meet the growing fee structure and associated educational costs. The above-normal rate makes it difficult for parents to educate their children at primary, secondary, and especially higher levels. How does inflation affect education? The impact of inflation on education can be understood with the help of the following parameters- 1. Daily essentials Students have a limited budget, most of which, is spent on daily essentials like food, personal care, drinks, travel expenses, etc. When a major chunk of money is already spent on essentials, it becomes difficult for them to meet education expenses, which are already skyrocketing.  The reason why education inflation is rising in India Read More 2. Housing expenses Do you think only daily essentials are major expenses? Think again. Housing cost in every city is equally expensive. Students try to find the cheapest hostel or guest house where they can live as paying guests but the costs keep on adding to the total budget. Inflation affects education as the priority of common people is to meet housing costs instead of educational expenses. 3. Health expenses in order to live frugally and manage their expenses, many times, students do not have the money to eat three balanced meals, daily. In the majority of cases, a hostel or PG Life does not provide good quality food and this harms their health. Thus, inflation increases health expenses and makes it difficult for students to meet their education costs easily. Factors responsible for Education Inflation? Read More 4. Standard of living Inflation is dangerous as it directly impacts the standard of living.  The rise in the prices of goods decreases the purchasing power of the people. Something that cost 100 rupees a few months ago now costs 180 or 200 rs. This rise in price causes fewer goods and services to be purchased. In such circumstances, the purchasing power gradually decreases, the value of goods increases, and ultimately the real value of the currency is at a loss. Inflation thus decreases the standard of living, and parents belonging to lower and middle-income groups become unable to bear the cost of educating their children as the monthly allowance that they pay to their kids doesn’t make up for the price hikes. 5. Tuition fees Private colleges charge inflated fees as they promise education, as well as, placement in good companies. The tuition fees at such places are too high for an ordinary person and this is why it is believed that only rich people can afford to find entry into engineering, medicine, or another high-profile degree-course college. But, this is not the case. Especially, if you have planned well for your child’s education in advance. The EduFund App helps you calculate the cost of your child’s education, plan, and then save for it, that too with the help of saving experts. 6. Price of textbooks  Students need textbooks to study but their prices keep on increasing year after year. The publishers blame the paper producers, who in turn, blame the increasing input costs for the price hike. The impact of high textbook prices is harming the education industry as there is a gradual drop in the net enrolment rate (NER).  It is still affordable in India to some extent, especially for non-professional courses. However, if you are planning to send your child to a foreign country like the US, the books alone may charge you way over Rs 10 lakhs! Does Education Inflation impact Student Loan interest rates? READ MORE 7. Educational budgets Inflation has a direct impact on education budgets and the salaries of school employees as authorities have to make cuts on various expenses. The need for higher income encourages teachers and other support staff to look for temporary high-paying alternatives. This step ultimately harms the quality of education, more often than not in govt. schools.   8. Inefficient education savings In India, it is very common for parents to save for their child’s education through FDs (Fixed Deposits). Although this is a safe option, the return rates on FDs usually cannot keep up with the rate of education. As a result, they eventually fail to help finance your child’s education.  9. Education loans Children who want to pursue higher degree courses have to take educational loans. Inflation makes it difficult to repay these loans at the earliest opportunity. Join our robust WhatsApp Community that helps parents invest! Consider the educational loans on the EduFund App because it is available at low-interest rates and there are no hidden charges to hurt your pockets further.  FAQs How does inflation impact education? Inflation's impact on education is profound. The CPI is currently at 5.4 percent for 2023-2024, education inflation is at 10 percent. This means that the cost of education expenses is rapidly increasing and at a faster pace than CPI in the economy. What is the meaning of education inflation? Education inflation in India refers to the rising cost of education, including tuition fees, related expenses, and the overall financial burden on individuals and families seeking education. This concept is similar to the more general term "inflation," which refers to the increase in the prices of goods and services over time. In the context of education in India, the term "education inflation" is often used to describe the trend of rapidly increasing costs associated with obtaining quality education, from primary school to higher education. How can we keep up with the rising education costs? The best way to keep up with rising education costs is to start investing early on. If you are planning a family and then investing in your child;'s school and college expenses should be on the top of your list. You can start with a SIP in a good mutual fund and update your investments every year to beat high college fees. Another option is to consider US investments like stocks and ETFs. Conclusion Inflation is a global phenomenon, the impact of which, can be seen at every stage in a student’s life - from primary to higher education. The burning issue of inflation hinders the growth of children as fewer parents can afford to send their children to schools, colleges, or universities.  By this time, you have understood how inflation affects education, but the primary concern remains - how can parents still defy inflation and save for their child’s education? The experts associated with the EduFund App provide ample help in building a portfolio for your child’s education fund. It will consider the rising inflation and then chalk out a plan accordingly.

Many students switch schools for 11th and 12th in India for multiple reasons. It could be because their schools don’t offer certain subjects or they wish to pursue an Arts or Commerce stream that their current school does not offer. Many students switch because their parents are moving, for better sports facilities at a different school or for a better teacher faculty. If your kid is shifting schools too then check out the best schools for 11th and 12th in India & their annual fees. 1. The Doon School, Dehradun, Uttarakhand: Established in 1935. The Doon School is one of India's most prestigious all-boys boarding schools. Known for its rigorous academic curriculum and holistic development, it has a rich history of producing successful leaders in various fields. Annual Fees: Approximately INR 10-12 lakhs. 2. Welham Girls' School, Dehradun, Uttarakhand: Founded in 1957. Welham Girls' School is a renowned all-girls boarding school with a strong academic focus. It is known for its excellent infrastructure, experienced faculty, and emphasis on extracurricular activities. Annual Fees: Approximately INR 6-8 lakhs. 3. Mayo College, Ajmer, Rajasthan: Established in 1875. Mayo College is one of India's oldest and most prestigious all-boys boarding schools. It has a strong academic tradition and is known for producing leaders in various fields. Annual Fees: Approximately INR 8-10 lakhs. Apply for Education Loans 4. The Shri Ram School, Delhi, NCR: Established in 1988. The Shri Ram School is a highly regarded co-educational day school known for its progressive teaching methods and emphasis on holistic education. Annual Fees: Approximately INR 2-4 lakhs. 5. DPS RK Puram, Delhi, NCR: Established in 1972. Delhi Public School (DPS) RK Puram is one of the flagship institutions of the DPS Society. It offers a strong academic curriculum and a wide range of extracurricular activities. Annual Fees: Approximately INR 1-2 lakhs. 6. The Bishop's School, Pune, Maharashtra:  Founded in 1859. The Bishop's School is a well-established co-educational school known for its academic excellence and vibrant campus life. Annual Fees: Approximately INR 1-2 lakhs. 7. Sanskriti School, Delhi, NCR: Established in 1988. Sanskriti School is a co-educational institution known for its focus on academics, cultural activities, and sports. Annual Fees: Approximately INR 1-2 lakhs. 8. The Cathedral and John Connon School, Mumbai, Maharashtra: Established in 1860. This school is one of Mumbai's oldest and most prestigious institutions, offering a comprehensive education and a strong emphasis on character development. Annual Fees: Approximately INR 3-4 lakhs. Also Read: How to choose the right board for your child? The aforementioned are some of the many schools you can consider putting your children in. Remember, investing in your child’s education is as important as choosing the right school for your children. Select what is the best and most convenient school for your child and your pocket with our school cost calculator. Thus, it is important to choose the best schools for your child to ensure that they passes out with flying colours. Join our robust WhatsApp Community that helps parents invest!

Financing your education is a crucial step towards achieving your academic goals. While scholarships and grants are ideal, student loans often bridge the gap between educational costs and available funds. However, lenders need assurances of repayment, and that's where collateral comes in. What is Collateral? Collateral is an asset pledged as security for a loan. If you fail to repay the loan, the lender can seize and sell the collateral to recoup their losses. This incentivizes responsible borrowing and mitigates risk for the lender, potentially leading to better loan terms for you. Does Every Education Loan Require Collateral? No, not all student loans require collateral. Unsecured loans are available, but they typically come with higher interest rates due to the increased risk for the lender. Secured loans, on the other hand, involve pledging collateral and generally offer lower interest rates due to the added security. Types of Collateral for Education Loans The type of collateral you can use depends on the lender and your financial situation. Here's a breakdown of some common options: Real Estate: This is a common choice, especially for larger loan amounts. It can include your primary residence, a vacation home, or inherited property. The property's value determines how much you can borrow. Fixed Deposits (FDs): A safe and readily available option. You deposit a specific amount of money in the bank for a fixed term, earning interest during that period. The lender considers the FD amount when determining your loan eligibility. Government Bonds: These low-risk investments can be used as collateral. Their market value determines the loan amount you can secure. Life Insurance Policies: Some lenders accept cash value life insurance policies as collateral. The policy's cash surrender value (available amount if you cancel) is used for loan assessment. Things to Consider When Choosing Collateral Loan Amount: The value of your collateral should be sufficient to cover a significant portion of the loan. Liquidity: Choose collateral that's easy to sell if needed. Cash or fixed deposits are highly liquid, while real estate may take longer to sell. Impact on Your Finances: Pledging essential assets can create financial strain if you default on the loan. Joint Ownership: If the collateral is jointly owned, ensure all owners consent to using it as security. Alternatives to Collateral If you don't have collateral or prefer not to use it, consider these alternatives: Cosigner: A creditworthy friend or family member can co-sign your loan, guaranteeing repayment if you default. Choose a cosigner responsibly, as they'll be liable for the debt. Government Loans: These often have lower interest rates and may not require collateral, but eligibility requirements can be strict. Beyond Collateral: Building a Strong Loan Application While collateral plays a role, lenders consider other factors when evaluating your loan application: Academic Record: Strong grades demonstrate your commitment to education and ability to succeed. Credit Score: A good credit history indicates responsible financial management. Employment History (if applicable): A stable income source shows your ability to repay the loan. Conclusion Understanding your collateral options is crucial for securing an education loan. Weigh the pros and cons of each type and explore alternatives if needed. Remember, a strong loan application goes beyond collateral, so focus on building a well-rounded profile. By making informed decisions, you can finance your education without putting your financial future at undue risk.

Getting an education loan can be daunting. There are too many documents, terms, conditions, and requirements that you need to know about before starting the process. An education loan can be processed in 3 days or 30 days; the approval depends on the student profile and the strength of the application! Let's answer all the questions related to education loan processing, how to strengthen your application, the best way to apply for an education loan, and when you should start applying to get your loan in time! What is an Education Loan? An education loan is a financial tool provided by banks and NBFCs (Non-Banking Financial Companies) to help students fund their higher education. An education loan covers a number of expenses incurred by a student, including tuition fees, hostel expenses, books, and other education-related costs. The Best Time to Apply for an Education Loan Ideally, you should start the application process well before your course begins. This allows ample time for research, document collection, and loan approval. Aim to apply at least six months before your university's fee payment deadline. How Much Time Does it Take to Get an Education Loan in India? The processing time for an education loan in India can vary depending on several factors but generally falls within the range of 1-4 weeks. Here's a breakdown: Document Collection: Gathering all the required documents like admission letter, mark sheets, income proofs etc. can take 1-2 weeks. Bank Processing: Once submitted, the bank verifies your documents and assesses your eligibility. This can take 1-2 weeks depending on the bank's internal procedures. Loan Approval & Disbursement: Upon approval, the loan is sanctioned, and the funds are disbursed to the university or student account. This can take a few days. Obstacles Students Encounter Incomplete Documentation: Missing or improper documents can lead to delays. Ensure you have everything the bank requires. Low Credit Score (Co-applicant): If you rely on a co-applicant (parent/guardian), their credit score plays a role. A low score can impact approval. Complex Application Process: Navigating the loan application process can be overwhelming. Avoid these Common Mistakes when getting an Education Loan How Can You Start the Loan Process? EduFund can simplify your loan journey! We connect you with the best banks for your profile, negotiate the most favourable interest rates, and expedite the approval process. With EduFund, you can potentially get your loan approved in just 72 hours. Facts to Remember Before Applying Shop around: Compare interest rates and terms offered by different banks. Choose the right loan amount: Don't borrow more than you need. Understand repayment terms: Be clear on the repayment schedule and interest calculation. Consider government schemes: Explore government scholarship and subsidy programs for education loans. 10 Reasons To Study in USA FAQs Can I get an education loan within 5 days? Yes, you can get an education loan within 5 days. Banks and experts like EduFund can help you secure an education loan in 72 hours. A good loan expert can help you perfect your application, connect you with the most suitable bank or loan provider and expedite the process to save time and effort. How many days does it take for an education loan to be approved in an Indian bank? Many factors influence how fast an education loan is approved. Some banks along with the loan experts can help you get an education loan approval and sanction letter within in 3 days. The average approval cycle is 5-7 days. Once you have the sanction letter, the disbursement process begins. Can I get 60 lakh education loan? Yes, you can get an education loan worth ₹60 lakhs or above as unsecured and secured. An education loan can be the key to unlocking your academic aspirations. By planning ahead, collecting the necessary documents, and potentially leveraging EduFund's services, you can streamline the loan process and secure the funds you need to focus on your studies. Remember, a little planning goes a long way in securing your educational dreams!

What is the real cost of schooling in India? Can the average Indian parent afford to send their child to a private school? Did you know more than 91% of Indian parents want their children to have an undergraduate degree, and more than 80% want them to get a master’s degree too? The cost of school fees has been on the rise in the past two decades. Before choosing a particular school for your child, we recommend you get accurate information on the complete expenditure involved. Let’s understand specific crucial parameters involved with a child’s schooling in India. The ideology of parents for their child’s education Parents are earnest about their child’s education in India. They start having high expectations from their children from the day they start schooling. They motivate them to get the best results in class from day one. Furthermore, most parents would risk almost everything for their child’s better education. Start Saving Now For Child Education Cost of education in schools The cost of education varies from one school to the other, whether it is a government or private school. On a usual basis, in tier 1 and tier 2 cities, the tuition fees of private schools are somewhere around Rs 2,500 to Rs 8,000 every month. The total cost paid is not restricted to the tuition fees. Parents have to pay other charges, including maintenance fees, lab and technology fees, fees for books and stationery, transportation fees, and so on. Hence, the amount almost doubles itself. If we take the example of DPS RK Puram, we get to know that they demand Rs 25,200 just for admission. The annual tuition fees are Rs 1,09,200.   The fees also differ from class to class. If your child is in primary, you will have to pay comparatively less considering a high school student. On average, parents have to pay Rs 6,000 for their child in primary school. When the child goes to secondary or senior secondary, this amount rises to Rs 8,000 and Rs 10,000.   With all this data, we can understand the cost of school education in India is quite costly and can be heavy on the pockets of middle-class parents. Families with an income of Rs 3 lakhs or less in a year prefer to send their children to government schools because they cannot afford a private one. A government school requires Rs 20,000 or less per annum for a child to get a school education.  Impact of Education Inflation on Student Loan Interest Rates Read More Why is the cost of school education so high? Since education costs are so high, let’s understand why it is this way. Multiple factors contribute to the rise in the price of education.  1. Lack of Policies  According to a survey, many parents have an opinion that the government lacks proper policies for schools in India. In the absence of these policies, there is no adequate regulation over schools on the criteria of fees. Every child would have received a quality education at a very minimal cost if it had been there.  2. The ratio of students and teachers  If you try to analyze the ratio of students to teachers, you will realize that it is pretty high. Quite a few times, teachers are not adequately trained, which affects the students’ quality of education. But this is not true in all cases. Most private schools have a proper selection procedure for selecting the teachers, so students receive the best education possible.  3. Infrastructure  Infrastructure is the next important factor contributing to the increase in the total fees. The administration plans to build a space that provides overall progress for a student. They want to give the best facilities for a student’s education, including computer labs, auditoriums, intelligent classes, games room, etc. All of these also require maintenance, which the students charge. Most Expensive Schools in India for Child Education Read More Which is better in terms of education? Private schools or government schools? If you compare the quality of education in private and government schools, you will realize that private schools have better teachers with proper degrees and knowledge. Also, the private school has better infrastructure and facilities, which helps students' overall growth. On the contrary, they demand fees that are pretty high and sometimes unaffordable for all parents.   Private Colleges vs Government Colleges Read More Government schools of India need more experienced teachers who can provide quality education to students. Most of the time, the buildings of government schools are pretty old and are not maintained properly. On the other hand, these schools demand a minimal fee, which most people in India easily afford. Hence, it entirely depends on the parents’ priorities and what they want for their children. FAQs What is the cost of schools in India? The cost of education varies from one school to the other, whether it is a government or private school. On a usual basis, in tier 1 and tier 2 cities, the tuition fees of private schools are somewhere around Rs 2,500 to Rs 8,000 every month. If we take the example of DPS RK Puram, we get to know that they demand Rs 25,200 just for admission. The annual tuition fees are Rs 1,09,200. Which is better in terms of education: Private schools or government schools? If you compare the quality of education in private and government schools, you will realize that private schools have better teachers with proper degrees and knowledge. Also, private school has better infrastructure and facilities, which helps students' overall growth. On the contrary, they demand fees that are pretty high and sometimes unaffordable for all parents. Why schools are so costly in India? Schools are costly in India because of privatization and education inflation. Both these factors have made annual school fees unaffordable for many parents. The lack of government capping and regulation in private school management means private schools dictate fee structures and increase them based on their expenses and needs. Parents prefer private schools over public schools because they offer better opportunities and infrastructure.

As a 12th grader, you are ready to go from high school to either further study or the workforce, standing at the beginning of a new chapter in your life. This crucial period is a great chance for you to increase your knowledge and learn new abilities that will help you later on.  We'll look at some of the best free courses for 12th graders in this blog article, covering anything from academic subjects to practical skills, enabling you to expand your horizons and make the most of your final year. https://www.youtube.com/watch?v=tdwqQH0xkFw After completing their formal education, students can enroll in a variety of courses to expand their education and develop their talents before or during graduation. A charge must be paid in order to receive a certificate after completing some of these courses, which are free to attend. Here is a list of some of the most well-liked free online courses with credentials after the 12th grade. Top free courses for every 12th grader As a 12th grader, you are ready to go from high school to either further study or the workforce, standing at the beginning of a new chapter in your life. This crucial period is a great chance for you to increase your knowledge and learn new abilities that will help you later on.  We'll look at some of the best free courses for 12th graders in this blog article, covering anything from academic subjects to practical skills, enabling you to expand your horizons and make the most of your final year. 1. Computer Science and Programming Skills in computer science and programming are highly sought-after in today's technologically advanced society. Learning the fundamentals of computer science and programming languages may provide you with a solid foundation, regardless of whether you want to work in the fields of software development, data analysis, or any other technology-related sector.  Numerous free computer science courses are available online through resources like Coursera, edX, and Codecademy, covering topics including web development, data science, algorithms, and beginning programming languages like Python.  These classes can provide you with a competitive edge in the job market by fostering logical thinking, problem-solving abilities, and the capacity to construct your own apps. 2. Foreign Language Studies Not only can learning a foreign language improve your awareness of other cultures, but it also expands your options for employment. Being bilingual is an advantage whether you want to travel, work abroad, or engage with different cultures. Free language education in several languages is available on websites like Duolingo, Babbel, and Open Culture.  These courses provide interactive lessons, vocabulary practice, and cultural insights. Whether you decide to learn Mandarin, Spanish, French, or any other language, devoting time to language study may improve your cognitive capabilities, communication skills, and perspective on the world. 3. Personal Finance and Entrepreneurship Understanding personal finance and entrepreneurship can empower you to make informed financial decisions and explore entrepreneurial endeavors. Courses on financial literacy cover topics like budgeting, investing, credit management, and financial planning, equipping you with skills to manage your personal finances responsibly.  On the other hand, courses on entrepreneurship introduce you to the basics of starting and running a business, including ideation, market research, branding, and financial modeling.  Online platforms like Khan Academy, Udemy, and Alison offer free courses on personal finance and entrepreneurship, giving you the knowledge and confidence to navigate the business world. 4. Critical Thinking and Problem-Solving  Critical thinking and problem-solving skills are essential in almost every aspect of life. These skills enable you to analyze information, evaluate different perspectives, and make informed decisions. Online courses in critical thinking and problem-solving enhance your ability to think critically, reason logically, and approach challenges creatively.  Platforms like FutureLearn, Udacity, and LinkedIn Learning offer free courses on critical thinking, problem-solving, and decision-making techniques, helping you become a more effective and adaptable problem solver. 5. Psychology and Mental Health Understanding mental health and well-being is vital in the fast-paced world of today. You may gain an understanding of human behavior, emotions, and the elements that contribute to general well-being by taking psychology and mental health courses.  You may improve your self-awareness, empathy, and communication abilities by taking these courses. Free courses in psychology and mental health are available online from institutions like Coursera, OpenLearn, and Yale University.  These courses cover subjects including cognitive psychology, positive psychology, and stress management. Your personal development, relationships, and potential occupations that entail interactions with others can all benefit from gaining knowledge in this area. Growing Cost of Online Courses for School Kids Read More Free online courses after class 12th Here is a list of some of the most well-liked free online courses with credentials after the 12th grade: Free Online Courses After Class 12th Science Course NamePaid or FreeOnline Platform Certificate of CompletionCS50’s Introduction to Computer ScienceFree(Access to Complete Course Content)edX Learning Provided (Paid for Certificate) Python For Everybody Specialization Free(Access to Complete Course Content)Coursera Provided (Paid for Certification)Stanford Introduction to Food and HealthFree(Access to Complete Course Content)CourseraProvided (Paid for Certification)Machine Learning Free(Access to Complete Course Content)CourseraProvided (Paid for Certification) Cybersecurity for EveryoneFree(Access to Complete Course Content)CourseraProvided (Paid for Certificate) Free Online Courses After Class 12th HumanitiesCourse NamePaid or FreeOnline Platform Certificate of CompletionModern Masterpieces of World LiteratureFree(Access to Complete Course Content)edX Learning Provided (Paid for Certificate) Creative Writing Specialization Free(Access to Complete Course Content)Coursera Provided (Paid for Certification)Philosophy and Critical ThinkingFree(Access to Complete Course Content)CourseraProvided (Paid for Certification)English for Career DevelopmentFree(Access to Complete Course Content)CourseraProvided (Paid for Certification) Social PsychologyFree(Access to Complete Course Content)CourseraProvided (Paid for Certificate) Free Online Courses After Class 12th Commerce and Management Course NamePaid or FreeOnline Platform Certificate of CompletionFundamentals of Market StructureFree(Access to Complete Course Content)edX LearningProvided (Paid for Certificate) Google Digital Marketing and e-Commerce Free(Access to Complete Course Content)Coursera, GoogleProvided (Paid for Certification)Business Foundations Free(Access to Complete Course Content)edX LearningProvided (Paid for Certification)Digital Marketing Free(Access to Complete Course Content)Google Digital GarageProvided Financial MarketsFree(Access to Complete Course Content)CourseraProvided (Paid for Certificate) As you approach the end of your high school journey, investing time in expanding your knowledge and acquiring new skills can be a valuable asset in your personal and professional life. The courses mentioned above are just a few examples of the countless free resources available online. By enrolling in these courses, you can explore your interests, gain valuable knowledge, and demonstrate your commitment to continuous learning. Whether you choose to study computer science, foreign languages, personal finance, critical thinking, or psychology, each course offers unique benefits that can shape your future trajectory.

Education loans lessen the financial burden but applying for the loan at the right time can be tricky. Let’s ask some pertinent questions like what is the best time to apply for an education loan? When to apply for an education loan? How many months does it take to process a loan? Can you apply for an education loan before admission? Can you take an education loan after admission? Read to know the answers!  https://www.youtube.com/watch?v=9fEVPssqEfo&t=228s What is the right time to start your education loan process? The best time to start your loan application process for studying abroad is 6 months in advance. For instance, if you are aiming for the fall intake, then your loan application process should start in March or April. This gives you ample time and opportunity to select the right lender and negotiate the right interest and terms to get the perfect education loan for your profile. Education loans are an extremely important responsibility, and ensuring a thorough analysis of every step with the right experts can save you lakhs of rupees in the future. Start Early: Research and Planning Applying for an education loan should ideally begin well in advance to allow ample time for research and planning. Here are some essential considerations during this stage: Explore Different Loan Options Research various loan providers, including banks, credit unions, and government-backed loan programs. Compare interest rates, repayment terms, and any additional benefits or incentives different lenders offer. Thoroughly understanding the available options will help you make an informed decision. Understand Loan Terms and Conditions Carefully review the terms and conditions of different loan options. Pay attention to aspects such as interest rates, repayment periods, grace periods, and any potential penalties or fees associated with the loan. Ensure you fully comprehend the financial obligations before committing to any loan agreement. Evaluate Your Financial Needs Assess your financial requirements by estimating the total cost of your education, including tuition fees, accommodation, textbooks, and other associated expenses. Determine the funding you need and consider the loan amount you are comfortable borrowing to cover these costs. https://www.youtube.com/watch?v=mW0VH10uH9I Also Read: What is the Cost of Attendance? When to apply for an education loan? There are two ways to approach this, you can start your loan application after receiving the admission letter or before you start admissions. Indian banks and financial lending bodies offer both options to a candidate.  Applying after getting an admission letter is easier. Banks have the reassurance that the candidate has been selected and is off to a recognized university. It makes the loan process easier for both parties involved.  Applying before getting an admission letter can be tricky. Some colleges ask for financial proof from their applicants before extending an admission letter. In such a case, banks can issue a condition education loan sanction based on the candidate's profile and help them satisfy their college requirements.  The best time to apply for an education loan varies based on the candidate’s profile. Many universities understand the financial quotient involved and offer financial aid in the form of scholarships and grants to students. After receiving the admission letter, students can start the process of finding the best financial aid to support them throughout their college years. Consider your college application timeline Your college application timeline plays a crucial role when applying for an education loan. Here's what you should keep in mind: Understand Admission Deadlines Be aware of the admission deadlines for your desired colleges. Ensure you have sufficient time to complete the loan application process and receive the necessary funds before the tuition payment deadlines set by the educational institution. Research Financial Aid Opportunities Before applying for an education loan, explore other financial aid options such as scholarships, grants, and work-study programs. These sources can potentially reduce the amount you need to borrow. Exhausting all avenues of free or low-cost financial aid before turning to loans is essential. Consider Early Decision or Early Action If you have decided to apply through Early Decision or Early Action admission programs, initiating the education loan application process earlier is advisable. This will ensure you have your loan arrangements before the admission decisions are announced. Applying for the Education Loan Once you have completed your research and finalized your college plans, it's time to initiate the education loan application process. Here are some critical steps to follow: Gather Required Documents Different lenders may have varying document requirements, but standard documents include proof of identity, income, an admission offer letter from the college, academic transcripts, and relevant financial statements. Collect these documents beforehand to expedite the loan application process. Start the Application Process Contact the loan provider or visit their website to begin the application process. Fill out the required forms, providing accurate and complete information. Be prepared to give details about your chosen course, college, expected expenses, and repayment plans. Seek Expert Guidance If you find the loan application process overwhelming or have specific concerns, consider contacting a financial aid advisor or a representative from the loan provider. They can guide you through the application process, answer your questions, and help ensure a smooth loan application experience. https://www.youtube.com/watch?v=4gTQkdePOWM Timing considerations While starting the loan application process early is crucial, timing is also essential in terms of disbursal and repayment. Consider the following factors: Disbursal Timing Some loan providers disburse the loan amount directly to the educational institution, while others may provide it to the borrower. Be aware of the expected disbursal timeline to ensure the funds are available to cover tuition fees and other expenses. Loan Repayment Understand the grace period before loan repayment begins. This is the period after graduation or leaving school when you are not required to repay loans. Evaluate your post-graduation plans and financial situation to ensure that you can comfortably begin repaying the loan when the grace period ends. Applying for an education loan is a significant step in financing your higher education. Starting the process early, conducting thorough research, understanding loan terms, and considering your college application timeline are essential for a successful loan application experience. By following these guidelines, you can make informed decisions and secure the necessary funding to pursue your academic goals. FAQs What is the right time to apply for an education loan? The right time to apply for an education loan is 6 months prior to the start your term. For instance, if you are a student applying for the fall 2024 intake, the right time to start the loan application would be March -April. This timeline gives you ample of opportunity to shop for the right interest rate, secure your loan and even provide proof of funds to the admission office to get your offer letter. Can I apply for an education loan without an offer letter? Yes, students can apply for an education loan without an offer letter. Lenders do consider your test scores and even university application acknowledgement. So start the application 6 months in advance to avoid any hassles at the end. My university requires proof of funds for the offer letter, but I don't have enough savings. What should I do? If you are applying abroad for your master's, then you are likely to submit proof of funds to get the offer letter. In order to get the offer letter, you can start your loan application and get a loan sanction that serves as a proof of funds for your university's admission requirements. TALK TO OUR EXPERTS

Investing in mutual funds is a smart way to grow your wealth and potentially beat the rising costs of college education. With a variety of top mutual funds available, it's important to choose the ones that align with your financial goals and risk tolerance. In this guide, we'll explore the top mutual funds for different investment needs, from long-term growth and SIP to high returns and dividends. We'll also answer common questions about the safety of mutual funds and how they compare to fixed deposits (FD). Top Mutual Funds to Invest Here are some of the best mutual funds to invest in 2023 for your kid’s future. Top Mutual Funds to invest in 2023Sr. No.CategoryScheme Name1Large CapCanara Robeco Bluechip Equity Fund2Mid CapAxis Mid Cap Fund3Small CapSBI Small Cap Fund4Small CapTata Small Cap Fund5Large and Mid-CapKotak Equity Opportunities Fund6Flexi CapHDFC Focused 30 Fund7Multi CapHDFC Multi Cap Fund8Aggressive HybridSBI Equity Hybrid Fund9Conservative HybridICICI Prudential Regular Savings Fund10Dynamic Asset AllocationHDFC Balanced Advantage Fund Important Note: This is not investment advice. Please do not invest in these mutual funds without proper financial consultation and review. Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. Start Investing in Mutual Funds Top Mutual Funds for SIP (Systematic Investment Plan) These are some of the top mutual funds for SIP in 2023 to consider for your kid’s future college fund: 1. HDFC Equity Fund Category: Equity Large Cap SIP Returns: This fund has a strong track record of delivering consistent returns over the long term. 2. Mirae Asset Emerging Bluechip Fund Category: Equity Mid Cap SIP Returns: Known for its potential to generate high returns over time, ideal for those with a longer investment horizon.Note: This is not an investment advisor. Please consult your financial advisor before investing in mutual funds. Mutual funds are subject to market risks. Read all scheme-related documents carefully.                               Top Mutual Funds High ReturnsSr. No.CategoryScheme Name1Small CapNippon India Small Cap Fund2Small CapAxis Small Cap Fund3Small CapTata Small Cap Fund4Mid CapPGIM India Mid Cap Opportunities Fund5Mid CapKotak Emerging Equity Fund6Mid CapSBI Magnum Midcap Fund7Flexi CapParag Parikh Flexi Cap Fund8Flexi CapCanara Robeco Flexi Cap Fund9ContraSBI Contra Fund10ValueICICI Prudential Value Discovery Fund Important Note: This is not investment advice. Please do not invest in these mutual funds without proper financial consultation and review. Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. Top Mutual Funds for High Returns  These are some top mutual funds for higher returns that parents can use to pay for their child’s future college plans. Remember staying invested for a long time can help you yield higher returns. 1. Aditya Birla Sun Life Small & Midcap Fund Category: Equity Small Cap High Returns: This fund has historically provided high returns, but it comes with higher volatility. 2. Axis Long-Term Equity Fund Category: Equity ELSS (Tax-saving) High Returns: Offers the dual benefit of potentially high returns and tax savings under Section 80C.Note: This is not an investment advisor. Please consult your financial advisor before investing in mutual funds. Mutual funds are subject to market risks. Read all scheme-related documents carefully. Top Mutual Funds with DividendsSr. No.CategoryScheme Name1Dividend Yield FundAditya Birla Sun Life Dividend Yield Fund2Dividend Yield FundHDFC Dividend Yield Fund3Dividend Yield FundICICI Prudential Dividend Yield Equity Fund4Dividend Yield FundLIC MF Dividend Yield Fund5Dividend Yield FundSBI Dividend Yield Fund6Dividend Yield FundSundaram Dividend Yield Fund7Dividend Yield FundTata Dividend Yield Fund8Dividend Yield FundTempleton India Equity Income Fund9Dividend Yield FundUTI Dividend Yield Fund Important Note: This is not investment advice. Please do not invest in these mutual funds without proper financial consultation and review. Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. Top Mutual Funds with Dividends Consider these top mutual funds that offer dividends to their investors 1. ICICI Prudential Dividend Yield Equity Fund Category: Equity Dividend Yield Dividend Focus: Seeks to provide regular dividends while aiming for capital appreciation. 2. Franklin India Equity Hybrid Fund Category: Hybrid Equity-oriented Dividend Focus: Balances equity and debt investments, making it suitable for regular income.Note: This is not an investment advisor. Please consult your financial advisor before investing in mutual funds. Mutual funds are subject to market risks. Read all scheme-related documents carefully. Top Mutual Funds for Long-Term Investment 1. SBI Bluechip Fund Category: Equity Large Cap Long-Term Potential: Known for its stability and potential for wealth creation over the long haul. 2. Kotak Standard Multicap Fund Category: Equity Multicap Long-Term Potential: Offers flexibility to invest across market caps for sustained growth. Note: This is not an investment advisor. Please consult your financial advisor before investing in mutual funds. Mutual funds are subject to market risks. Read all scheme-related documents carefully. Top Mutual Funds to invest in short termSr. No.CategoryScheme Name1Short DurationTop Mutual Funds to Invest in short term2Dynamic BondICICI Prudential All Seasons Bond Fund3Dynamic BondAditya Birla Sun Life Dynamic Bond Fund4Dynamic BondSBI Dynamic Bond Fund5Dynamic BondUTI Dynamic Bond Fund6Corporate Bond FundICICI Prudential Corporate Bond Fund7Corporate Bond FundNippon India Corporate Bond Fund8Money MarketTata Money Market Fund9Liquid FundAditya Birla Sun Life Liquid Fund10Liquid FundUTI Liquid Cash Fund Note: This is not investment advice. Please consult your financial advisor before investing in mutual funds. Mutual funds are subject to market risks. Read all scheme-related documents carefully. Top Mutual Funds for Short-Term Investment  These are some of the best mutual funds for short-term investment that parents can consider for your kid’s future college plans.  1. UTI Banking & PSU Debt Fund Category: Debt Banking & PSU Short-Term Stability: Suitable for conservative investors seeking stable returns in the short term. 2. IDFC Banking & PSU Debt Fund Category: Debt Banking & PSU Short-Term Stability: Focuses on safety and liquidity, making it ideal for short-term parking of funds.Note: This is not investment advice. Please consult your financial advisor before investing in mutual funds. Mutual funds are subject to market risks. Read all scheme-related documents carefully. FAQs Are Mutual Funds 100% Safe? Mutual funds are not risk-free. They are subject to market fluctuations, and the returns are not guaranteed. However, investing in diversified funds with a long-term horizon can mitigate risks. Are Mutual Funds Safer than FDs? Mutual funds and fixed deposits serve different purposes. FDs are considered safer but offer lower returns, while mutual funds have the potential for higher returns but come with market-related risks. What Are the Top Mutual Funds to Invest in 2023? The top mutual funds for 2023 depend on your financial goals and risk tolerance. Consider consulting a financial advisor to choose the right funds for your specific needs. Thus, to beat the rising costs of college education, investing in mutual funds can be a viable strategy. Provide your child with a better future by choosing the right mutual fund. Choose funds that align with your investment horizon and risk tolerance, and consider a diversified portfolio for better risk management. Keep in mind that mutual funds carry some level of risk, so it's essential to invest wisely and for the long term.

The cost of education rises by a larger margin than what the government data tells you. And what makes inflation in the education sector in India worse are the innumerable hidden charges. These hidden charges can push the education budget up for parents. Rising inflation in the education sector can have severe repercussions for those on the lower end of the economic spectrum.  The education inflation rate in India was 3.34 percent in September 2021. However, it has increased to 5.68 percent in the corresponding month of 2022. And with pandemic waves ebbing, there are chances that the education inflation rate will increase steadily. Education inflation poses great risks to every parent and student. It can disrupt the dreams of a  bright future for your child.  And if you are a financially unprepared parent, the risks of education inflation can be more serious for you. Want to learn more about studying abroad? Join our WhatsApp Community! Impact of education inflation on hidden costs of education  1. Increasing tuition fees in educational institutes Tuition fees in Indian colleges and schools have seen an enormous rise over the last few years. Do you know that inflation in the education sector of India is one of the major reasons why many students drop out of college midway? It is becoming increasingly obvious that the education sector in India needs proper planning. Many middle-class families usually struggle to meet ends after enrolling their children in higher education institutes. Guide to Education Inflation Read More 2. Transportation is becoming expensive  With the drastic increase in fuel prices, the cost of transportation is worrying students. Nowadays, a majority of students travel to school by bus. The rising transportation cost is a hidden cost in education inflation.  Unless parents become aware of the transportation costs, it can severely affect them, financially. Apart from fuel-driven vehicles, the overall fares of trains and subway metros have witnessed a rapid surge. Note that this rise in fares is here to stay. Hence, planning your finances properly is the best way to manage your child’s education.  The reason why education inflation is rising in India Read More 3. School uniforms are becoming expensive  For the parents of school-going children, it’s these simple things that are making them anxious. Uniforms are an integral part of schools. Furthermore, many schools have strict regulations on how their students will wear uniforms.  And almost every year, you have to replace the school uniforms, which include shoes, socks, and other accessories.   It is also important to mention the rising cost of school supplies like bags and notebooks. School supplies are not a one-time investment. You have to buy them every year which makes the situation complicated. https://www.youtube.com/shorts/jjXF-KC9iWI 4. A surge in the cost of books  Nowadays, most schools and educational institutes have fixed rules for buying books from them only. But, even if you purchase books from outside, you’ll have to pay more compared to earlier times.  The failure of the authorities to control the prices of the books depicts the sordid state of affairs. Like school supplies, you have to procure books for your child every year while they are in school. https://www.youtube.com/shorts/xqK0y2VdFR4 5. The rising cost of education in foreign countries  If you envision foreign education for your child, be prepared to spend a huge amount on your child’s entry into the best universities.  The average cost of pursuing a degree in the US rose by 497 percent between 1986 and 2018. Even after the pandemic, most colleges overseas have increased their tuition fees. Note that foreign universities charge additional fees for international students.  Factors responsible for education inflation rate in India Read More 6. The constant rise in the price of flight tickets  Flight tickets are becoming costlier day by day. The Oil Marketing Companies, also abbreviated as OMCs, have raised ATF (Aviation Turbine Fuel) prices by 16.3 percent in all major cities of India. This latest hike in ATF prices along with the depreciation of the rupee has made airliners increase their fares. 7. Student visas cost more than you may think Nowadays, student visas cost more than you can imagine. There are various categories of student visas and you should be aware of each of them to make it easy for your child 8. Living expenses With the rise in the prices of essential commodities worldwide, living expenses are touching record figures. The impact of education inflation on hidden costs of education can be ascertained with the rise in living expenses.  If you are sending your child abroad, it is crucial to be prepared financially. This is because living expenses abroad can severely affect your child’s educational prospects.   Unfortunately, inflation in the education sector of India is here to stay. Unless you prepare sensibly and start saving, you may have to compromise on the quality of education. You can avoid financial stress by saving and investing early. Investing in mutual funds and other financial instruments is the most ideal way to counter education inflation. How to beat education inflation? https://www.youtube.com/shorts/jPHG8h87Dzo YouTube: EduFund Join our robust WhatsApp Community that helps parents invest! FAQs How does inflation affect students? Inflation affects all costs and services. Whether it's the price of lemons or education, inflation is the reason for an increase in the prices of goods and services. It affects students just like any other customer by increasing the cost of education, tuition fees, transport, living expenses, books, research facilities, etc. What is the cost of education in India? The average person ends up spending as much as Rs 36 lakh - Rs 38 lakh raising a child from birth to 21 years of age. A bulk of this cost goes towards education in India. What is inflation in the education sector of India? Inflation affects education by increasing the cost of studying overall and its hidden costs like buying books, living expenses for international students, uniforms, transportation, entrance exam fees, etc. What causes education inflation in India? There are several reasons that cause education inflation, such as government funding cuts, higher cost of living, tuition fees, administration costs, security, modern school infrastructure, and technological advancements. What is the rate of inflation in the education sector of India? The education inflation rate in India was 3.34 percent in September 2021. However, it has increased to 5.68 percent in the corresponding month of 2022. Why are tuition fees rising? The average cost of pursuing a degree in the US rose by 497 percent between 1986 and 2018. Tuition fees are rising due to high inflation, a growing demand for foreign education as well as a lack of governmental intervention, and presence of private bodies in the education sector.

Nestled along the banks of the Ganges, Kanpur is a city rich in history and culture. As families in Kanpur seek the best educational avenues for their children, the city hosts a variety of schools that have become synonymous with excellence. In this blog, we'll explore some of the top schools in Kanpur, shedding light on their offerings and fee structures. Additionally, we'll discuss the significance of investing in mutual funds for your child's higher education and how EduFund can be your partner in this journey. Top Schools in Kanpur 1. Dr. Virendra Swarup Education Centre: Known for its holistic approach, this CBSE-affiliated school offers a dynamic curriculum and state-of-the-art facilities. With a focus on character development and academic excellence, it stands tall as a beacon of quality education. 2. Delhi Public School, Kanpur: As part of the renowned DPS chain, this school follows the CBSE curriculum and is committed to providing a well-rounded education. The campus boasts modern infrastructure, experienced faculty, and a plethora of extracurricular activities. 3. The Chintels School: Affiliated with the ICSE board, The Chintels School is celebrated for its student-centric approach. With a strong emphasis on fostering creativity and critical thinking, it stands out as a preferred choice for many parents. 4. St. Mary's Convent School: Founded on the principles of discipline and academic excellence, this school follows the ICSE curriculum. It has a rich history and has consistently produced well-rounded individuals. 5. Guru Nanak Public School: With a commitment to promoting Sikh values and academic brilliance, this school has made a mark in the educational landscape of Kanpur. It follows the CBSE curriculum and provides a nurturing environment for holistic development. Understanding School Fees: While these schools offer top-notch education, it's essential to consider the financial aspect. School fees vary based on factors such as infrastructure, faculty quality, and extracurricular facilities. On average, fees in these premier schools can range from INR 50,000 to 1,50,000 per annum. Planning for Your Child's Future: The Role of Mutual Funds As parents invest in their child's education, it's crucial to plan financially for the journey ahead. One effective way to do so is by investing in mutual funds. Here's why: 1. Long-Term Wealth Creation: Mutual funds offer the potential for significant long-term returns. By starting early, you harness the power of compounding, allowing your investments to grow substantially over time. 2. Diversification: Mutual funds pool money from various investors to invest in a diversified portfolio of stocks, bonds, or other securities. This diversification helps spread risk and enhances the potential for stable returns. 3. Systematic Investment: With Systematic Investment Plans (SIPs), you can invest a fixed amount regularly. This disciplined approach ensures consistent investment, irrespective of market fluctuations. 4. Professional Management: Mutual funds are managed by seasoned fund managers who make investment decisions based on in-depth research and market analysis. This professional expertise adds value to your investment strategy. EduFund: Your Partner in Financial Planning Navigating the financial landscape for your child's education can be daunting. That's where EduFund steps in as your trusted partner. EduFund is designed to simplify the process of planning and saving for your child's higher education. It provides personalized investment plans, guides you through the mutual fund selection process, and ensures that you are on track to meet your financial goals. In conclusion, as you explore the top schools in Kanpur, it's equally vital to plan financially for your child's educational journey. Mutual funds, with their potential for growth and professional management, can be a cornerstone in securing your child's academic future. Let EduFund be your companion in this exciting venture, ensuring that you provide the best for your child's education. Join our robust WhatsApp Community that helps parents invest!

Amritsar, known for its rich history and cultural heritage, is also home to some of the finest educational institutions in Northern India. Choosing the right school for your child is a significant decision that influences their academic journey and overall development. In this guide, we explore the top schools in Amritsar, shed light on their offerings, and conclude with valuable insights into smart investments for your child's higher education. Best Schools in Rajkot! 1. Delhi Public School (DPS), Amritsar: DPS Amritsar, an extension of the renowned DPS Society, is a beacon of academic excellence. With a curriculum designed to foster holistic development, DPS Amritsar provides state-of-the-art facilities and a conducive learning environment. The annual fee ranges from INR 60,000 to INR 1,00,000, depending on the grade. 2. Spring Dale Senior School: A stalwart in the education sector, Spring Dale Senior School is synonymous with quality education. Offering a spectrum of co-curricular activities and a well-rounded curriculum, Spring Dale is committed to nurturing young minds. The annual fee for Spring Dale ranges from INR 40,000 to INR 80,000. 3. Guru Nanak Dev University (GNDU) Public School: Affiliated with Guru Nanak Dev University, this school blends tradition with modern education. GNDU Public School emphasizes academic rigor, cultural values, and character development. The annual fee for GNDU Public School ranges from INR 30,000 to INR 60,000. 4. St. Francis School: St. Francis School is a prestigious institution known for its academic brilliance and extracurricular activities. The school focuses on a balanced curriculum that encourages both academic and personal growth. The annual fee for St. Francis School varies from INR 35,000 to INR 70,000. 5. Khalsa College Public School (KCPS): Rooted in the Khalsa College legacy, KCPS is a dynamic institution fostering academic excellence. With modern infrastructure and a dedicated faculty, KCPS strives to impart quality education. The annual fee for Khalsa College Public School ranges from INR 30,000 to INR 55,000. Best Schools in Gurgaon Investing in Your Child's Future: While choosing the right school is crucial, planning for your child's higher education is equally important. As educational expenses continue to rise, it's prudent to explore investment options that ensure financial preparedness. One such avenue is mutual funds. Importance of Investing in Mutual Funds: Mutual funds offer a disciplined and systematic approach to wealth creation. With the potential for higher returns compared to traditional savings, mutual funds provide a means to build a corpus for your child's education. Additionally, they offer diversification, professional fund management, and liquidity. EduFund – Your Partner in Securing Your Child's Future: Navigating the world of investments can be overwhelming, but EduFund simplifies the process. EduFund is a comprehensive platform that assists parents in planning and funding their child's education through strategic investment in mutual funds. By leveraging technology, EduFund creates tailored investment plans aligned with your financial goals. Selecting the right school for your child in Amritsar sets the foundation for their academic journey. Simultaneously, investing wisely in mutual funds through platforms like EduFund ensures that you are financially equipped to provide the best possible education for your child. By making informed decisions today, you pave the way for a brighter and more secure future for your loved ones. Join our robust WhatsApp Community that helps parents invest!

Ghaziabad is a bustling city in the National Capital Region (NCR) of India. One hour away from the capital city, parents seeking the best educational opportunities for their children in Ghaziabad should read on to find the top schools in Ghaziabad, their fees and which school is suitable for your child's development! Benefits of Day Schooling! 1. Delhi Public School, Ghaziabad Delhi Public School (DPS) Ghaziabad is a name synonymous with quality education and holistic development. With its sprawling campus, well-equipped classrooms, and experienced faculty, DPS Ghaziabad offers a comprehensive academic curriculum along with a wide range of extracurricular activities. The school focuses on nurturing the intellectual, emotional, and social growth of students, preparing them to excel in the global arena. Admission Fees: 35,000 (Nursery) and 30,000 (11th and 12th graders). Annual Fees: Starts at 1,92,500 for Nursery and goes up to 2,02,400 for 11th and 12th graders. 2. The DPS Indirapuram The DPS Indirapuram is another esteemed institution in Ghaziabad known for its academic rigour and innovative teaching methods. With a strong emphasis on holistic development, the school offers a diverse range of extracurricular activities, sports facilities, and leadership programs. The DPS Indirapuram aims to instil a sense of responsibility, creativity, and global citizenship in its students, empowering them to make a positive impact on society. Admission Fees: INR 60,000 for all classes. Quarterly Composite Fees: INR 36,630 to INR 36,654 varies based on your child's grade. 3. Modern School, Ghaziabad Modern School Ghaziabad is committed to providing a stimulating learning environment that fosters academic excellence, creativity, and critical thinking skills. With its state-of-the-art infrastructure, dedicated faculty, and comprehensive curriculum, Modern School Ghaziabad prepares students to meet the challenges of the 21st century. The school focuses on holistic development, encouraging students to explore their interests and talents beyond the classroom. Admission Fees: INR 25,000 for your classes. Monthly Tuition Fees: INR 4,150 (Pre-Primary), INR 4,650 (I to V), and INR 5150 (VI to X). 4. DLF Public School DLF Public School is renowned for its inclusive approach to education, catering to the diverse needs and learning styles of students. With its student-centered approach, the school emphasizes experiential learning, collaborative projects, and real-world applications of knowledge. DLF Public School is committed to nurturing well-rounded individuals who are prepared to succeed in a rapidly changing world. Admission Fees: INR 50,700 for all classes. Quarterly Composite Fee: INR 31,525 to INR 25,685 varies based on your child's class and stream. 5. Cambridge School, Ghaziabad Cambridge School Ghaziabad is known for its academic excellence, strong values-based education, and vibrant learning community. With its focus on holistic development, the school offers a balanced curriculum that promotes intellectual, emotional, and social growth. Cambridge School Ghaziabad encourages students to pursue their passions and interests while fostering a sense of empathy, integrity, and global citizenship. Admission Fees: INR 30,000 for all students. Composite Monthy Fees: INR 9,500 to 7,600 varies based on the child's class and grade. Most Expensive Schools in Gurgaon! Importance of Investing in Mutual Funds for Your Child's Education While securing admission to a top-tier school is a significant milestone, the journey towards a quality education doesn't end there. The rising cost of education, including tuition fees, books, and extracurricular activities, can pose a significant financial burden for parents. That's where investing in mutual funds comes in. Mutual funds offer a convenient and effective way to save and grow your money over time, helping you build a financial nest egg to fund your child's education. By starting early and making regular contributions, you can harness the power of compounding to accumulate wealth steadily. Additionally, mutual funds offer a diversified investment portfolio, reducing risk and maximizing returns over the long term. As a trusted partner in your financial journey, EduFund offers a wide range of mutual fund options tailored to your needs and goals. With expert guidance, personalized investment strategies, and user-friendly tools, EduFund makes it easy for parents to start investing in their child's education and secure a bright future. In conclusion, choosing the right school for your child is a significant decision that lays the foundation for their future success. By selecting one of the top schools in Ghaziabad and investing in mutual funds with EduFund, you can provide your child with the best educational opportunities while safeguarding their financial future. Start planning today and give your child the gift of a quality education that lasts a lifetime. Join our robust WhatsApp Community that helps parents invest!

The Government of India has launched several schemes and programs to promote girl child education in the country. These schemes aim to provide financial assistance, scholarships, and other incentives to families and girls to encourage them to continue their education. Important government schemes for girl child education in India 1. Beti Bachao Beti Padhao (BBBP) Scheme Launched in 2015, Beti Bachao Beti Padhao aims to address the declining child sex ratio and promote the education of the girl child. The scheme focuses on the districts with low child sex ratio and provides financial assistance for the education and health of the girl child. The scheme is implemented in a convergent and collaborative manner with the State Governments/UTs and other relevant Ministries/Departments and stakeholders. The scheme is implemented through a three-tier structure: District, State, and National levels. The scheme has several components such as creating awareness and public mobilization, strengthening of function and delivery of ICDS, strengthening schools and education, and enabling girls' education. Government Schools in India Read More 2. Kasturba Gandhi Balika Vidyalaya (KGBV) Scheme  This scheme was launched in 2004 to provide education to girls from disadvantaged sections of society. Under the scheme, residential schools are set up for girls in areas with low female literacy rates. The schools provide education up to the 8th standard and also provide hostel facilities. The scheme is aimed at providing educational facilities to girls belonging to Scheduled Castes, Scheduled Tribes, Other Backward Classes, minority communities, and families below the poverty line in difficult areas. The scheme is implemented through the State Governments/UTs and the KGBVs are run and managed by the State Governments/UTs. The scheme provides for a one-time grant of Rs. 5 lakhs to set up the school, and a recurring grant of Rs. 1.5 lakhs per annum for running the school. 3. Sukanya Samriddhi Yojana (SSY) Launched in 2015, Sukanya Samriddhi Yojana is a small deposit scheme for the girl child. The scheme allows parents to open a savings account in the name of the girl child and provides a high interest rate of 7.6%. The money can be withdrawn when the girl child turns 18 to be used for her education or marriage. The scheme is available for girl children below the age of 10 years. The account can be opened in any post office or authorized bank branch by the legal guardian of the girl child. The minimum deposit that can be made is Rs.1000 and the maximum deposit per year is Rs.1.5 lacs. The scheme offers tax benefits under section 80C of the Income Tax Act. 4. National Girl Child Day  Every year on January 24, National Girl Child Day is celebrated in India to raise awareness about the importance of girl child education and the challenges faced by girls in India. On this day, various activities and programs are organized to promote girl child education and empowerment. The day is celebrated to raise awareness about the importance of education for the girl child and to address the various challenges faced by girls in India, such as discrimination, violence, and lack of access to education. Kanya Kosh Scheme Read More 5. National Means-cum-Merit Scholarship (NMMS) Scheme This scheme provides financial assistance to students from economically weaker sections to pursue higher education. Under the scheme, scholarships are provided to students who score well in the 8th standard examination. The scholarship is provided to the students for studying in classes 9th and 10th. The scholarship amount is Rs.12000/- per annum. The scholarship is awarded by the State Governments/UTs to the eligible students. The scholarship can be availed by students from economically weaker sections of society. 6. Rashtriya Madhyamik Shiksha Abhiyan (RMSA)  Launched in 2009, this scheme aims to improve the quality of education in secondary schools in India. Under the scheme, financial assistance is provided to schools to improve infrastructure, provide teacher training, and implement girl-friendly policies. The scheme is implemented by the State Governments/UTs and the funds are released to the schools through the State Governments/UTs. 7. National Scholarship for Higher Education of ST Girls  This scheme provides financial assistance to Scheduled Tribe (ST) girls to pursue higher education. The scholarship is provided to students who have passed the 10th standard examination and are enrolled in a higher education program. The scholarship amount In addition to the government schemes discussed above, there are also individual grants and scholarships available for girl child education in India. These grants and scholarships provide financial assistance to girls from disadvantaged backgrounds to pursue their education. Apply for Scholarship Conclusion  The Government of India has taken several steps to promote girl child education in the country. These schemes and programs provide financial assistance, scholarships, and other incentives to families and girls to encourage them to continue their education.  These schemes are aimed at addressing the declining child sex ratio, promoting girl-child education, and providing education to girls from disadvantaged sections of society. However, it is important to note that the implementation and reach of these schemes still need improvement. There is a need for more awareness about these schemes and better access to them for families and girls in need. Join our robust WhatsApp Community that helps parents invest! Related reads Indira Gandhi Single Girl Child Scholarship Best investment plan for girl child in India Best Child Education Plans Best investment plan for girl child in India FAQs What is the Sukanya Samriddhi Yojana? Sukanya Samriddhi Yojana is a government scheme that encourages parents to save for their girl child's education and future expenses. It offers attractive interest rates and tax benefits How can I open a Sukanya Samriddhi Account? You can open a Sukanya Samriddhi Account at authorized banks and post offices by providing the necessary documents and a minimum deposit. What are the benefits of the Beti Bachao, Beti Padhao (BBBP) scheme? The BBBP scheme aims to promote the education and welfare of the girl child and improve the child-sex ratio. Benefits include financial support for education and awareness programs.