Since 1967, September 8 has been celebrated as International Literacy Day (ILD) every year. Started by United Nations Educational, Scientific and Cultural Organisation (UNESCO), the day marks the importance of literacy as a matter of human rights and dignity. It is a day to celebrate literacy achievements and raise awareness about education and its benefits amongst societies, communities, and individuals.

Let’s take a quick look at literacy facts of India:

• The literacy rate of India in 2022 is 77.7%.
• Kerala tops the chart as the most literate state with a 96.2% as literacy rate.

How to Celebrate International Literacy Day?

As responsible and educated citizens, it is our moral responsibility to take concrete steps to promote literacy in the nation. Please remember that higher education is essential to achieve overall success in life. You should not undermine the importance of quality education at any stage of learning and, thus, continue the academic journey and build a successful career by taking a student loan to fund your education independently.

International Literacy Day quotes

“Education is the most powerful weapon with which you can change the world.” - Nelson Mandela

“One book, one pen, one child, and one teacher can change the world.” -Malala Yousafzi

Celebrate World Literacy Day by taking an education loan

Rising education costs and limited finance are the two biggest challenges students face while pursuing their academic endeavours. So, if you truly value the spirit of the ILD, then take a resolution never to give up on your academic and career dreams due to financial constraints; opt for a student loan to fulfil your dreams.

So far, your family has supported your education financially in every possible manner. Now is the time to finance your education independently by taking an education loan for studying abroad or for studying in your home country.  

Pros of education loan

1. Preserve family savings: Taking an education loan provides mental peace to families. The reason is the loan eliminates the need to liquidate their savings like fixed deposits and mutual funds, to name a few, to support their children’s education. Moreover, when students repay the education loan themselves, families get a chance to utilise the savings in case of emergencies.
2. Access to quality education: With the easy availability of a study loan, you can plan to study abroad and pursue the chosen study program in a well-ranked university. Even if you are planning to pursue higher studies in India at a premier institute, taking a student loan is the best way to deal with financial worries.
3. Building financial prudence: Taking an education loan is a wonderful opportunity for students to finance their education independently and earn a self-made badge. Moreover, timely repayment of the education loan instils money management skills in students and even improves their creditworthiness for availing car or home loan in the future. 

How we help in meeting your academic and career goals?

At Avanse Financial Services, we are committed to helping students in their academic journey by offering customised education loans in the most hassle-free manner. We provide education loans that cover the holistic cost of education, including tuition fees, accommodation costs, living expenses, study material expenses and other education-related expenses. So, feel free to connect with us today and get to know more about our education loan, eligibility criteria and documents required for availing the loan.