kochi a total of 47570 students applied for education loans in kerala during the first three quarters of the fiscal year 2012 2013 with the state bank of travancore sbt sanctioning the maximum number of loans revealed the latest figures brought out by the bankers committee of kerala most of the applicants were nursing and engineering aspirants the report also said that 37669 loans totalling an amount of rs 1073 crore were disbursed during the april december 2012 period out of the 47 banks operating in the state sbt sanctioned loans worth rs 156 crore more than 50 of the applications was from students opting for a nursing career engineering aspirants constitute 25 to 30 of the applicants and others are relatively marginal compared to these two streams observed bhaskara sastry deputy general manager personal banking at sbt among various districts the maximum nursing applicants come from pathanamthitta kottayam alappuzha kollam and kozhikode sastry noted roughly 30 to 40 of these students ultimately join nursing colleges outside kerala he said only 5 of the engineering students opt for colleges outside the state federal bank came to the second position by sanctioning 4671 applications worth rs 134 crore syndicate bank which received 6099 education loan applications sanctioned 4626 loans amounting rs 115 crore in december 2012 syndicate bank has 177 branches in the statesbi sanctioned 2944 education loan applications worth rs 93 lakh canara bank south indian bank north malabar gramin bank south malabar gramin bank union bank of india central bank of india bank of india punjab national bank indian overseas bank and catholic syrian bank were among other major loan providers to students