How does the International Institute of Aviation support students financially?
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1 Answer
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The International Institute of Aviation extends financial assistance to students through scholarships and skill loans, contingent upon grants from the Central Government. Under the Pradhan Mantri Kaushal Vikas Yojana (PMKVY) skill loan scheme, students can avail loans of up to INR 1.5 Lacs from State Bank of India (SBI) and Bank of India (BoI). The interest rates and payback periods may vary between banks, and upon enrollment, the institute furnishes students with all necessary documents required for loan application. Eligibility mandates possession of an Aadhaar Card and a bank account.
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