Coimbatore has made a rapid strike in the field of higher education with an aim to provide quality of education whereas most of the students want to continue their higher education. Education loan is the major source for solving the financial difficulties among the students. The paper describes the students perception towards the educational loan. For the purpose of research the sample of 120 respondents, who were studying in Coimbatore were considered. The primary data is used for the study based on the structured questionnaires. Convenient sampling technique is used and the tools used for analysis are simple percentage and likert scale. The suggestion has been given, which would help the students for availing educational loan.