A higher education loan shall provide the maximum amount of the loan, i.e. 100% of the cost of education. It shall cover the following costs arising from your higher education obligations: 100% Tuition fees as determined by the institute/university.Living expenses, including book, computer and project expenses, are up to 75% of the total cost of living. (No more than 20% of the gross school fees payable for the entire course). Travelling expenses up to Rs 75.000 for students travelling abroad. Insurance premium for insurance. Deposit, building fund supported by the bills/receipts of the institution (not exceeding 10 per cent of total tuition fees).