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
Step 1: Financial assistance form is enabled on the application portal only after the applicant has been shortlisted for Krea Immersive Case (KIC) Day
Step 2: Applicants submit the following details on the financial assistance form:
Step 3: Applicants bring all supporting documents on Krea Immersive Case (KIC) Day
Step 4: 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 and home visits, as required.
Eligibility for financial-assistance is broadly driven by family income. An indicative framework is provided below:
| Family Income | Financial Assistance |
| Less than INR 10,00,000 | Up to 100% tuition fees that may also include living expenses depending on actual income and other related parameters |
| INR 10,00,000 – 50,00,000 | Up to 75% tuition fees depending on actual income and other related parameters |
| Greater than INR 50,00,000 | Nil |
Please note that the final decision is based on a detailed review of all records and information that may be sought from the applicant and other sources.
In an effort to make world-class education affordable to all, Krea University has collaborated with the following 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.
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+ public/banks and NBFCs in India and provide assistance to find the best education loan matching your profile. This application process is a free of charge initiative under the Digital Indian campaign which has benefited more than 10,000 students.
Loan amount- upto Rs 60 lacs funding 100% of the total expenses (course fee and living expenses)
Rate of interest – from 7.6%
Repayment tenure- up to 15 years
Moratorium Period – course Period + six 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
For further information, please reach out to Indumathy at Mobile: +91 9393344424 or email ID hello@wemakescholars.com
A customized special Education Loan is made available for students of BA (Hons) and BSc (Hons).
For complete details including eligibility, please contact Sivakumar K, Mobile: +919962596990, EMail ID : (sivakumar.k@axisbank.com) or Gowrishankar M, Mobile: +919600999638, Email ID: (gowrishankar1.m@axisbank.com).
For complete details including eligibility, please contact Rajendran R, Sr. Manager – Sales, HDFC Credila Financial Services Pvt. Ltd., Contact No: +91 8939653891/+91 44 2836 9353.
For complete details including eligibility, please contact Sampath A, Mobile: +91 8939807895/ 9941504900, Email: sampath.a@icicibank.com or Sunitha Shetty, Email ID: sunitha.shetty@icicibank.com, Contact No. +91 8767260551.
*Subject to changes as per market conditions.
