Dear All, I've applied for an educational loan which basically would cover my first sem tution fees and the GIC amount. GIC guidelines clearly dictate that"Funds must originate from a bank account under the name of the student/applicant in India (only funds with a matching sender and beneficiary name will be accepted), otherwise the money will be returned to the bank in India from where the original remittance was made and the GIC will not be processed". Problem is because this is an educational loan, funds won't be transferred to my account, they will directly be transferred to the concerned college/Scotia bank but GIC guidelines dictate otherwise. Anyone suggestions on how to go about this ? Any students who have taken a loan for GIC - Can you please share as to how did you manage this. I've written to Scotia bank as well, will revert if I hear on this from them. Best Regards.