Students or their families can borrow loans at favourable interest rates from local banks and repay over an extended period of time. But these must taken after a great deal of thought Most Loans In India come with an annual interest burden of 10 to 12 percent . Other terms and conditions have been relaxed to a great extent to make quality education accessible to more students. Repayment begins after one year of course completion. CAREFUL PLANNING IS BOTH NECESSARY AND WISE