College Vidya Partners with Fibe to Provide Affordable Loan solution for Online Education
College Vidya, a one-stop solution for making informed online education choices, recently announced their partnership with Fibe, India’s leading fintech company. This collaboration aims to empower salaried individuals and working professionals across India to achieve their academic dreams without the burden of financial worries. By combining the educational resources of College Vidya with the financial offerings of Fibe, the partnership is set to transform the landscape of online education in India.
The primary objective of this partnership is to support salaried individuals and working professionals who face financial constraints in paying their full fees upfront. By providing easy access to loans and low-cost EMI options, College Vidya and Fibe are expanding the enrollment margin. This will ensure that a greater number of salaried individuals and working professionals can pursue their educational aspirations. Annually, this partnership is expected to benefit around 3,000 salaried individuals and working professionals.
Customers will gain significant benefits from this collaboration, including the flexibility to pay their fees without financial strain. This ensures that salaried individuals and working professionals can continue their courses without interruption and repay their loans only after securing employment through the course’s placement services. Additionally, they have the freedom to choose from a variety of loan and EMI services tailored to their needs.
Rohit Gupta, COO of College Vidya said, “At College Vidya, we believe that 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”.
Commenting on the partnership, Akshay Mehrotra, Co-Founder & CEO, Fibe, stated, “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 any down payment and explore the subject they have always been interested in. Fibe has disbursed over 70,000+ loans to customers through its partnerships with Edtech players. Our partnership with College Vidya takes us one step further in helping individuals with the freedom to focus on their academic and career goals and upskill themselves without the burden of financial strain.”
Fibe empowers salaried individuals and working professionals to upskill and pursue their dream academic interests with ease. Offering hassle-free applications, quick disbursals, and flexible repayment options, Fibe ensures that users can choose the courses they desire without financial stress. With low-cost or no-cost EMIs, individuals have the freedom to enhance their careers and excel in their chosen fields, allowing them to manage their finances more effectively while investing in their future.