Banks should not deny Educational loan citing liabilities of Students' Parents The Kerala High Court observed that the banks could not deny the loan to any student for their education on the basis of their parents' financial status or parents' liabilities. The students need education loan because their parents do not have capacity to pay for their higher educational fees. Therefore it is not proper for banks to deny loan to such students on such grounds. Reddy & Reddy Law Firm is handling legal matters related to varied areas with a team of expert legal professionals.