Every child deserves a quality education. Yet, many girls in India are denied the right to education due to various reasons, like poverty, cultural norms, and financial constraints. The country is in need of female education, as more than a simple social cause, the need for female education is an imperative for the nation’s economy. An educated woman can transform not only her own life, but also the lives of her family, community, and the entire nation as well.
Financial constraints, such as a lack of financial literacy and poverty, are among the biggest obstacles to women’s education in India, because of which numerous girls are forced to drop out of school or denied access to higher education. Enhancing access to financial solutions such as education loans is as important as spreading awareness about the need for and importance of women’s education.
Key highlights:
- The Need for Women’s Education: Some Facts and Statistics
- Need for and Importance of Women’s Education
- Personal Benefits
- Societal Impact
- Need for Educating Women in India: Overcoming Barriers
- How Do Education Loans Empower Women?
The Need for Women’s Education: Some Facts and Statistics
- According to the latest survey, the literacy rate of women in India in 2025 stands at 70.3%. Whereas, the male literacy rate is 84.7% which clearly highlights the gap.
- In a recent study, 59% of girls who do not pursue Science education after secondary school cite financial constraints as the primary reason.
- According to UNESCO, only 35% of STEM graduates and 26% of the AI workforce worldwide are women, and the past decade has seen very little progress.
- A recent study states that although 80% of future jobs will require STEM skills, only 39% of girls are at the higher secondary with science disciplines.
Need for and Importance of Women’s Education
Personal Benefits
- Financial Independence: Access to quality education allows women to enhance their skills, pursue better job opportunities, and scale the income ladder. A higher earning potential ensures that women do NOT need to rely on others for financial support.
- Informed Decision-Making: Educated women can make more informed decisions about their health, family planning, and finances.
- Leadership: Education helps women gain the skills needed to take on leadership roles. Educated women are more likely to join organisations where they can make decisions that impact their lives and communities.
Societal Impact
- Economic Growth: Educating women allows them to join the workforce and generate income, which contributes to the GDP of India.
- Gender Equality: Education can help ensure equal rights and opportunities for both women and men, bridging the gender gap that has existed for centuries.
- Community Development: Educated women can offer valuable insights for the development of society, which greatly benefits national growth. They are also more likely to emerge as leaders and entrepreneurs who make positive changes to further the progress of their communities.
Need for Educating Women in India: Overcoming Barriers
- Gender Discrimination: Gender biases remain one of the main challenges to women’s education. By eliminating it, a balanced society can be created where every child is given equal opportunities, regardless of their gender.
- Limited Awareness about Education Loan Options: While there are many financial solutions available that can ease the financial challenge, awareness about them is still limited.
- Inability to Access Abroad Education Opportunities: Even though pursuing higher education abroad is a great opportunity, many women are unable to access it due to financial constraints.
Also Read: Key Benefits of Women’s Education You Should Know
How Education Loans Empower Women
- Atmanirbhar: Financing education with a student loan allows women to take ownership of their own academic journey. Women no longer have to depend on their parents and with an education loan women can learn how to better manage their finances.
- Quality Education: Whether it is studying abroad or in India, an education loan allows women to get admission into any university and access quality education with ease.
- No Need to Liquidate Assets or Savings: There is no need to liquidate your assets or family savings. Instead, you can avail of an education loan to fund your studies and set aside savings for future needs or emergencies.
- Credit Score: By taking an education loan and repaying it responsibly, you can build a good credit history and score, which can unlock benefits when you opt for financial products such as a home loan, car loan or credit card in future.
At Avanse Financial Services, we understand the need for female education. This is why we have launched SWALAKSH, an education loan product designed to help women achieve their academic goals. With SWALAKSH, you can benefit from interest rate concessions, flat processing fees and more.
Whether you’re pursuing a course in India or planning to study abroad, our education loans offer 100% financing for education-related costs, quick approvals, and flexible repayment options. We’re here to support you every step of the way on your academic journey.
