For many Bihar students, choosing a private university after 12th is not just an academic decision — it’s a financial commitment that continues even after graduation.
One such university frequently considered is MATS University. With comparatively affordable-looking fees and education loan options like the Bihar Student Credit Card (BSCC), many students move forward without fully thinking about loan repayment after completing the course.
That’s where problems usually begin — not during admission, but after studies end.
This blog explains how Bihar students should plan loan repayment realistically after studying at MATS University, so education doesn’t turn into long-term stress.
Understanding the Education Loan Reality After Graduation
Most students focus heavily on getting the loan approved, but very few plan what happens after the degree is completed.
Key reality check:
- BSCC provides loan support up to ₹4 lakh
- Repayment starts after the moratorium period
- Monthly EMIs begin regardless of job status
📌 Loan repayment does not wait for “settlement” or “ideal salary”.
About MATS University
MATS University is a UGC-recognized private university located in Chhattisgarh, offering programs in management, engineering, science, commerce, and humanities.
Many Bihar students choose it because:
- Fee structure appears reasonable compared to metro universities
- Hostel facilities are available
- Admission process is comparatively accessible
However, loan repayment planning depends more on outcomes than admissions.
When Does BSCC Loan Repayment Start?
For Bihar students studying at MATS University under BSCC:
- Repayment usually starts 6–12 months after course completion
- Interest may begin earlier depending on bank terms
- EMI amount depends on:
- Total loan taken
- Interest rate
- Repayment duration
Waiting till repayment notices arrive is a mistake.
Common Loan Repayment Mistakes Students Make
Many students fall into the same traps:
Assuming repayment will start only after a “good job”
Not calculating EMI before taking the loan
Depending completely on placement promises
Ignoring interest accumulation
No backup plan if salary is low initially
- Smart planning starts during college, not after graduation.
How Bihar Students Should Plan Loan Repayment (Step-by-Step)
Calculate EMI Before Admission
Before finalizing MATS University:
- Calculate EMI for ₹2–4 lakh loan
- Check affordability with minimum expected salary
- Never plan EMI based on “hope salary”
📌 EMI must be manageable even in worst-case scenarios.
Choose Course With Realistic Career Scope
Loan repayment becomes easier when:
- Course has steady job demand
- Entry-level salaries are predictable
- Skills are industry-aligned
A degree alone does not repay loans — employable skills do.
Start Skill-Building During College
Students who repay loans smoothly usually:
- Do internships
- Learn practical tools
- Build portfolios
- Work part-time or freelance if possible
Skills reduce repayment pressure more than degree names.
Avoid Taking Maximum Loan Unnecessarily
Just because BSCC allows up to ₹4 lakh doesn’t mean you must:
- Reduce hostel costs if possible
- Control personal expenses
- Avoid lifestyle inflation during college
Lower loan = lower EMI = lower stress.
Keep Family in the Repayment Loop
Loan responsibility is shared, not hidden:
- Discuss EMI plans openly
- Decide who supports initially if income is delayed
- Avoid last-minute panic
Financial transparency prevents emotional pressure.
What If Job Is Delayed After MATS University?
This is a realistic scenario, not failure.
If job is delayed:
- Inform bank early
- Ask about repayment restructuring
- Explore short-term income options
- Do not ignore EMI notices
❌ Silence creates penalties
✔️ Communication creates solutions
Honest Reality Check for Bihar Students
✔️ Education loans enable access
❌ They are not free money
✔️ MATS University may suit some students
❌ Success depends on effort, planning, and consistency
📌 A manageable loan is better than a stressful degree.
Final Advice: Education + Finance Must Go Together
Before choosing MATS University with BSCC support:
- Understand total loan amount
- Calculate EMI honestly
- Evaluate course outcomes
- Prepare repayment strategy early
A calm, informed decision today saves years of pressure tomorrow.
How Meri Shiksha Helps Bihar Students
If you’re unsure about:
- BSCC loan repayment planning
- Private university cost vs outcome
- Choosing the right course after 12th
👉 Get student-first, honest guidance at:
www.merishiksha.org
Education should build your future — not trap you in confusion.