'The approach to underwriting education loans is now more student centric'

Last Updated: Aug 12 2022 | 4:06 PM IST

While the conventional way in which education loans were evaluated was to look at parents’ income and the collateral they could offer, private-sector lenders specialising in education loans focus on other criteria as well: the student’s academic record, the course, university and country she’s going to, the probability of finding a job after she completes her course, and the salary she is likely to earn from it. In this interview with Sanjay Kumar Singh of Business Standard, Amit Gainda, MD & CEO, Avanse Financial Services says that from being parent-centric, the approach to underwriting an education loan has become more student-centric.

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