Archive · 18 Jul 2026
Tamil Nadu to support 1 lakh students with ₹3,000 crore in education loans
The Tamil Nadu government is planning to help over 1 lakh students by giving them education loans worth around ₹3,000 crore.
These loans will be up to ₹7.5 lakh and won't need any collateral.
The goal is to make sure that money problems don't stop students from going to college.
The government also has a program called Naan Mudhalvan to help students learn important skills and prepare for exams.
The minister said the government is working hard to make sure everything is fair and transparent.
Tamil Nadu aims to provide education loans to 1,00,200 students for the 2026-27 academic year.
The total loan amount expected to be disbursed is around ₹3,000 crore.
Collateral-free education loans of up to ₹7.5 lakh will be extended to students.
The Naan Mudhalvan scheme offers skill development and scholarships for students.
The government denies allegations of corruption in university appointments.
- Who
- Tamil Nadu Higher Education Minister K Viswanathan and Chief Minister Joseph Vijay
- What
- Announcement of education loan facilities for students
- When
- During the 2026-27 academic year
- Where
- Tamil Nadu, India
- Why
- To ensure no student is denied higher education due to financial constraints
Government Support
Opposition Criticism
Education Loan Facilitation
Government Support
The state government is committed to providing collateral-free education loans to ensure no student is denied higher education due to financial constraints.
Opposition Criticism
Critics may argue that the government's promises are not always fulfilled and that the process of obtaining loans can be bureaucratic and slow.
- Target Students
- 1,00,200
- Loan Amount
- ₹3,000 crore
- Loan Limit
- ₹7.5 lakh
- Scheme Name
- Naan Mudhalvan
- Launch Year
- 2022
