College Vidya and Fibe partner to provide affordable loan solutions for online education

College Vidya has recently announced its partnership with Fibe to empower salaried individuals and working professionals across India to achieve their academic dreams without financial worries. The alliance aims to revolutionise online education in India by uniting Fibe’s financial offerings with College Vidya’s educational resources.

The partnership focusses on supporting salaried individuals and working professionals who cannot pay their full fees upfront due to financial constraints. College Vidya and Fibe are increasing the enrollment margin by offering simple loan application processes and affordable installment plans. The cooperation is expected to help nearly 3,000 salaried individuals and working professionals each year.

Speaking in this regard, Rohit Gupta, Co-Founder and COO, College Vidya, said, “At College Vidya, we believe financial barriers should not stand in the way of education. Our partnership with Fibe is a significant step towards making online higher education accessible and affordable for all in India. We are excited to see the positive impact this will have on students’ lives and careers.”

The association will give customers several advantages, including the flexibility to pay their fees without worrying about finances. This ensures that professionals who are paid a salary or employed can continue their courses without disruption and only pay back their loans once they have secured a job through the course’s placement services. They can also select from customised loan and EMI options to meet their requirements.

Akshay Mehrotra, Co-Founder and CEO, Fibe, commented on the collaboration, “This partnership with College Vidya empowers them to focus on their studies and career goals without the constant worry of financial strain. Fibe’s EdTech finance allows customers to pursue offline or online courses without a down payment and explore the subject they have always been interested in.”

College Vidya, founded in 2019 by Mayank Gupta, Rohit Gupta and Sarthak Garg, has positioned itself as the nation’s foremost and one-stop solution for making informed online education choices driven by a spirit of innovation.

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