Education Loans (Synopsis)

Published on May 2016 | Categories: Types, School Work | Downloads: 35 | Comments: 0 | Views: 251
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Education Loans (Synopsis)

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Education Loan Portal

ABSTRACT
Objective:Most students and parents today realize how expensive an
education is. Whether you hope to study at a private high school, a college,
university, or an overseas school, tuition costs plus the costs of books and
living can quickly add up. If you are worrying about the cost of school, you
should not feel that money has to decide your education .
If you want to study abroad in India, it is possible to obtain education
loans. While getting these loans was difficult in the past, it has now become
easier than ever before. A large number of national banks in India have
created education loans. The terms of these loans will vary with each
institution, so it is important to do your research before using them.

Overview Of Project:Loans designed to help students pursue an
education recognize that students should spend their school time studying,
not working to repay a loan. For this reason, many loans created for students
allow students to pay back their debts very gradually .
There are various kinds of courses which are eligible for different kinds of
Bank student loans.
 Loans are available for various graduation, post graduation, computer
education and diploma courses offered by recognized universities or
government statutory bodies in India.
 Education loan is also provided for technical and professional courses,
regular diploma and degree courses as well as courses conducted by
reputed foreign universities in India.
 In case of studies abroad, the institutes offering the courses should be
approved by the competent authority of the nation.

The loan amounts that are offered to students may vary. If the student
will stay in India to complete their studies, they could get up to Rs. 3 lakhs. If
the student is studying abroad, they may receive a loan which could be as
high as Rs. 5.00 lakhs. The interest rates for these loans will range from 12 to
14%. Rebates may sometimes be offered depending on the circumstances.

INTRODUCTION:
Education is central to the Human Resources
Development and empowerment in any country. National and State
level policies are framed to ensure that this basic need of the
population is met through appropriate public and private sector
initiatives. While government endeavour to provide primary education
to all on a universal basis, higher education is progressively moving
into the domain of private sector. With a gradual reduction in
government subsidies higher education is getting more and more
costly and hence the need for institutional funding in this area.
The scope of education has widened both in India and abroad covering
new courses in diversified areas. Development of human capital is a
national priority and it should be the endeavour of all that no deserving
student is denied opportunity to pursue higher education for want of
financial support. Loans for education should be seen as an investment
for economic development and prosperity. Knowledge and information
would be the driving force for economic growth in the coming years.

SYSTEM ANALYSIS:
1. Existing System
. Existing system is a manual one in which users are
maintaining books to store the information like product details,
Distributors details, purchases, sales details and accounts for every
month. It is very difficult to maintain historical data.

DISADVANTAGES:
The following are the disadvantages of the existing system


It is difficult to maintain important information in books.



More manual hours need to generate required reports.



It is tedious to manage historical data which needs much space
to keep all the
Stock Details,Order Details under time to time process.

2. Proposed System
The WAREHOUSE MANAGEMENT TOOL is a software application
which avoids more manual hours that need to spend in record keeping
and generating reports. This application keeps the data in a centralized
way which is available to all the users simultaneously. It is very easy to
manage historical data in database. No specific training is required for
the distributors to use this application. They can easily use the tool
that decreases manual hours spending for normal things and hence
increases the performance. It is very easy to record the information of
online sales and purchases in the databases.

3. Objective of the System
The objective of the WareHouse Management Tool is to provide
better information for the users of this system for better results for
their maintainence in the product details that is sales, purchases and
stock.

System Specifications

Hardware Requirements:

Pentium-IV(Processor).



256 MB Ram



512 KB Cache Memory



Hard disk 20 GB



Microsoft Compatible 101 or more Key Board

Software Requirements: 

Operating System :

Windows xp



Programming language:

.NET



Web-Technology:

ASP.NET 2.0



Front-End:

C#



Back-End:

SQLSERVER



Web Server:

Home Page:

IIS

About Us:

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