Expenses considered for loan

1. Fee payable to college/ school/ hostel 
2. Examination/ Library/ Laboratory fee 
3. Travel expenses/ passage money for studies abroad 
4. Insurance premium for student borrower, if applicable 
5. Caution deposit, Building fund/refundable deposit supported by Institution bills/receipts. 
6. Purchase of books/ equipment's/ instruments/ uniforms 
7. Purchase of computer at reasonable cost, if required for completion of the course 
8. Any other expense required to complete the course - like study tours, project work, thesis, etc. 
9. While computing loan required, scholarships, fee waiver etc., if any available to the student borrower may be taken into account 

Maximum loan amount
1. Rs. 10 lakh for studies in India. 
2. Rs. 20 lakh for studies abroad. 
3. The ceilings fixed for studies in India and abroad correspond to the limits fixed by the RBI for treatment as priority sector lending. 
4. No maximum celling if loan amount secured by 100% collateral security.