New Delhi, Feb. 27 -- Education loans are a great option for students going for higher studies. But EMIs (Equated Monthly Instalments) will hit your account six months-1 year after you complete the course. Early repayment can help students clear their debts sooner and plan their finances for the future. This will also have a positive impact on the student's credit score as an education loan is often the first loan that she/he takes. Here is a guide on how you can repay education loans quicker.

Several universities and social groups provide scholarships to students. The amount awarded depends on several factors including income status, good academic record with high scores and the social background of the student. These scholarships can h...