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Overview

At Krea, we have a need-blind admission process and a need-aware financial assistance process that endeavours to support the financial need of a student who wishes to pursue his/her educational aspirations in the University. Assistance provided will depend on the income status of the parents / legal guardian, but will take into account other assessment parameters as well.

Our Office of Financial Assistance runs separately from the Office of Admissions. Data and information contained in your Financial Assistance application is not shared with the Office of Admissions.

We look forward to seeing you at Krea.

With best wishes,
Office of Financial Assistance

Eligibility

How to apply

Selection Process

Admissions Schedule

Fee Structure & payment

Financial Assistance

Virtual Tour of Campus

FAQs

Financial Assistance

Step 1: Financial assistance form is enabled on the application portal only after the applicant has been shortlisted for Stage 2 of the Admission process.

Step 2: Applicants submit the following details along with the relevant documents on the financial assistance form:

  1. Account of income and expenses
  2. Account of assets and liabilities
  3. Income Tax Returns for 3 years of earning members of the household
  4. Financial Statements for two years of the businesses that may be owned by family members
  5. NSDL Statement of financial assets subscribed (if applicable)
  6. CIBIL Report if any loan has been taken
  7. Any other relevant documents

Step 3: Receive decision on financial assistance

Please note: In case the information provided in the financial assistance application is insufficient, then the Office of Financial Assistance may seek additional information or conduct separate interviews, as required.

Educational Loans

In an effort to make world-class education affordable to all, Krea University has collaborated with the following organization, banks and financial institutions to enable students to explore education loan options.
It may be noted that Krea University will only facilitate access to education loans from these banks without any obligation on its part. Those interested in education loans are requested to get the latest information on the interest rate and other terms directly from the banks.

WeMakeScholars is an organization funded and supported by the IT Ministry, Govt of India with a motive to offer unbiased education loan support to aspirants. They are associated with 10+ banks and NBFCs in India and provide assistance to find the best education loan matching your profile. Education loans worth over Rs 5000 crores were sanctioned last year under this initiative. This application process is a free-of-charge initiative under the Digital India which has benefited more than 30,000 students.

Loan amount: from Rs 2 lacs up to Rs 2 crores, funding 100% of the total expenses (course fee and living expenses)

– Rate of interest – from 8.75%

– Repayment Tenure – up to 15 years

– Moratorium Period – Course Period + 6 months

– No prepayment closure charges

– 100% tax benefit for interest paid under Sec (80E)

You can directly apply here – https://www.wemakescholars.com/recommends/krea-university

You may also call or WhatsApp Akshat Jain, Education Loans at +91 8977794707
 (akshat.jain@wemakescholars.com) for getting connected to the financial officer of your location. Once the profile evaluation is done, the best-suited bank will be decided and the loan process will be initiated.

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Krea University