The Hindu 24.05.2013
320 Corporation school students given education loan
A total of 320 Corporation school students who had
completed Standard XII were given provisional sanction letters for
education loan on Thursday to enable them pursue higher education.
Honoured
The Corporation schools’ toppers in the board exanimations were also honoured at a function.
Addressing
the function, Collector M. Karunagaran said that the quantum of
education loans being given in the district had more than doubled from
2010-11 to 2012-13.
Dispelling the notion that
education loans were only for students applying for certain colleges, he
said that even those taking management quota or going to self-financing
colleges could apply.
Mayor S.M. Velusamy said that
the Corporation was planning to recognise teachers who produce excellent
academic results. The infrastructure of Corporation schools were being
upgraded and brought on a par with the best of private schools. School
students were being given many incentives ranging from slippers and
bicycles to laptops to create the next generation of leaders for the
country, he added.
Corporation Commissioner G. Latha
said that the initiative was intended to make hassle-free the process of
obtaining education loans. Students, however, also had the
responsibility of repaying the loans so that the future generation of
students would also get such help.
Example
U.
Ramesh Kumar, Canara Bank, General Manager, Coimbatore Circle, said
that this exercise was an example of the bank’s commitment to students’
education. Canara Bank is the lead bank for Coimbatore district and was
providing the loans to all these students.
J.
Vanangamudi, district lead bank manager, said that the provisional
sanction letters would enable the students get education loans once they
obtain admissions.
A month before the Plus Two board
examinations, a meeting of Corporation school headmasters was held in
which they were asked to bring their top 10 students for education
loans, he added.