VFX
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6 years agoGuide-Level 13
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6 years agoScholar-Level 18
When banks receive an educational loan application, the main factors they would consider are:
The academic background and qualifications of the student. The track record of marks, credits and achievements will be considered.
The course for which the loan is being sought. Courses should be accredited and worthy of studying. They should have a good chance of placement and job prospects, so that the applicant can repay the loan.
The institution at which the course will be studied will also play a role. The university, school or college should be accredited and of good repute. Whether or not, the applicant can offer
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