Little we see in Nature that is ours;
We have given our hearts away, a sordid boon! -Wordsworth
In the above lines, the great poet William Wordsworth indirectly laments the loss of humanities and arts in the increasingly materialistic world of his time. Ever since the Industrial Revolution, people have realized the role of arts in shaping our lives over centuries. While the fields of science and commerce study material things, studying the arts means examining what it means to be human.
If you often find yourself grappling with the same concerns, a bachelor of arts from a reputed university will give you a perfect opportunity to indulge your interests while building a stellar career. What’s more? You can even choose from many subjects (literature, history, philosophy, psychology, etc.) to major in.
The biggest concern when enrolling for a multi-year education degree is consistent funding. Education loans can provide all the necessary financing for the entire duration of your education. Need help figuring out where to start with education loans? Here’s a complete guide on education loan for bachelor of arts for you.
What is a bachelor of arts?
A bachelor of arts is a three-year undergraduate degree program in various subjects such as economics, literature, philosophy, social science, psychology, etc. Top universities that offer a bachelor of arts include Jawaharlal Nehru University (JNU), Delhi University (DU), Ashoka University, Presidency College and Indraprastha University (IPU).
To be eligible for a bachelor of arts, you should have completed senior secondary studies (10+2) from a recognized board with more than 50 %. Additionally, you must also clear one of the following exams:
1. Common University Entrance Test (CUET): The CUET exam, held in May/June every year, is for studying in central universities like the JNU and Delhi University. Some private universities can also consider CUET scores for admission.
2. Indraprastha University Common Entrance Test (IPU CET): The Indraprastha University conducts IPU CET in April/May every year for entry into its bachelor of arts program.
How much does a bachelor of arts cost?
A bachelor of arts in any subject will cost you Rs. 3000-10000 annually on average from public universities. The fees for a bachelor of arts from private universities like Ashoka University are higher and can vary from Rs. 60000 to Rs. 300000 annually.
What are the career opportunities for a bachelor of arts graduate?
With a bachelor of arts from a good university, you can expect to earn Rs. 4-7 LPA in government or private sectors. Some job profiles open to you after a bachelor of arts include:
1. Psychologist: With a BA in psychology, you can choose to be a psychologist and assist people with mental issues through counselling. A starting salary for a psychologist is around Rs. 4.2 LPA.
2. Teacher: A bachelor of arts also prepares you to be an excellent teacher who can effectively guide students in a particular subject. You will have various options as a teacher, from schools and colleges to coaching centres with attractive salaries.
3. Political consultant: Newspapers, online news outlets, and political think tanks always look for brilliant bachelor of arts graduates in political science. The starting salary for this job profile is Rs. 7.5 LPA.
How to apply for an education loan for bachelor of arts?
To apply for an education loan for bachelor of arts, you can follow the steps given here:
1. Decide on a lender of your choice
Several financial institutions provide education loans for a bachelor of arts. Before deciding on a lender, you should compare the interest rate, repayment period and loan coverage.
2. Keep the required documents ready
Before applying for an education loan, you should have the required documents ready to avoid last-minute hassle. Some standard education loan documents include identity proof, academic documents and financial documents.
3. Obtain the loan application form
You can get the education loan application form from the financial institution’s website or by visiting their office.
4. Submit the loan application form
Take care while filling out the form and attaching the required documents. Remember to read any guidelines or disclaimers. Once you’re satisfied, go ahead and submit the loan application. The lender will contact you once your application is approved.
Concluding thoughts
A bachelor of arts degree is intellectually satisfying and provides a prestigious career with steady growth. While reputed universities offer an excellent education, a three-year degree can be expensive. For a hassle-free education experience, securing funding before admission is paramount. Instead of dipping into your savings, consider an education loan for BA.
Tata Capital provides student finance facilities with attractive interest rates, pre-admission sanction and zero margin. Tata Capital’s versatile education loans cover every necessary education expense so that you can devote yourself entirely to learning without worry.
26 September 2024
4 mins read
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