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Tata Capital > Blog > Education Loan For Integrated LLB
Do you want to pursue a career in law but do not want to limit yourself to just? Do you want to join a professional that is ever-evolving and offers opportunities across various industries? If so, an Integrated LLB program might be the right starting point for you.
An integrated LLB program offers you a comprehensive and well-rounded curriculum that will help you gain knowledge in general subjects as well as legal studies. It opens doors to a variety of legal fields. With the growing demand for specialised legal experts, you can always count on receiving high-paying job prospects.
However, to begin this journey, you need funding. In this article, we explore how an education loan for integrated LLB can help you finance your studies and enter your dream profession.
An integrated LLB is a 5-year dual-degree program that merges an undergraduate degree with a bachelor of law degree. By pursuing this course, you can get two degrees at once without having to first study an undergraduate course and then an LLB separately. This way you gain knowledge in both subjects.
An integrated LLB course is useful for students preparing for a career in lay. Some types of Integrated LLB programs that universities in India offer include:
1. BA LLB: Combines Bachelor of Arts (BA) with LLB. The BA program usually focuses on political science, sociology and history.
2. BBA LLB: Combines Bachelor of Business Administration (BBA) with LLB.
3. BSc LLB: Combines Bachelor of Science (BSc) with LLB.
4. BCom LLB: Combines Bachelor of Commerce (BCom) with LLB.
To be eligible for an Integrated LLB program:
1. You must have completed your 10+2 from any stream under a recognised board.
2. You must have secured at least 50% in your examinations.
3. Admission to most universities is based on entrance examinations. Some of the most common entrance examinations include:
– CLAT (Common Law Admission Test)
– AILET (All India Law Entrance Test)
– LSAT India (Law School Admission Test)
It can be quite expensive to pursue an Integrated LLb program in India with tuition fees ranging between Rs 520,000 and Rs 500,000 per annum. You would need to also take into account additional costs such as accommodation, transportation, food, etc.
The cost of pursuing an integrated LLB program would also depend on the specialisation you choose. As a law student, you may have expenses related to moot court participation, internship costs, and bar council registration fees.
An education loan allows you to pursue an integrated LLB from prestigious universities and enter valuable programs that might be financially out of reach. With an education loan, you can ensure you receive the best possible education without dipping into your savings.
An education loan results in a more manageable and affordable financial situation. You can focus on your studies entirely without worrying about finances and use your time in university focused on academics and college extracurricular activities.
1. Visit your lender’s website and fill in your basic information.
2. The lender will now verify your details to determine your eligibility for an education loan.
3. If you are eligible, you will then be asked to upload your documents. Some documents you would need are identity and address proof, collateral details, education documents, and financial details for the co-applicant.
4. Once your loan has been approved, you will need to sign the loan agreement. After this, you will receive the loan amount, which you can use to pay for your education.
An Integrated LLB saves you a year by combining undergraduate programs with LLB and opens doors to diverse fields. However, becoming a lawyer requires financial resources at every stage of your education. An education loan can help you finance your integrated LLB degree and push you towards a successful career in law.
Want an easy way to finance your legal career dreams? Apply for education loans with Tata Capital. Tata Capital offers education loans for Integrated LLB students with competitive and affordable interest rates and flexible repayment plans that make your loan affordable and manageable. With Tata Capital’s hassle-free loan application process and zero-margin money requirements, you get to enjoy quick approvals and disbursals.
Add wings to your dream. Apply for an Education loan!
Apply now