Funding
Scholarships vs Education Loans: What's Right for You?
A balanced look at combining scholarships and loans to fund your education affordably.
18 March 2026 · 6 min read · StudCred Editorial
Scholarships and loans aren't mutually exclusive — the smartest students combine both to minimise borrowing.
Scholarships first
Scholarships and grants don't need to be repaid, so pursue every one you're eligible for. They also reduce the loan amount you need, lowering your future EMIs.
Loans to bridge the gap
Education loans cover what scholarships don't, letting you attend your dream institution without draining family savings. Apply your scholarship to reduce the principal.
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