Eligibility
Any student, representing himself / herself if major, or a minor student represented by parent or guardian, of Indian nationality, who has secured admission to a professional / technical other course, in India or abroad.
Courses eligible
Graduate Courses - B.A.,B.Sc., B.Com.,B.C.A., B.B.M.;
Post Graduate Courses -Masters and Ph.D; Diploma in Engineering;
Professional Courses - Engineering, Medical,A g r i c u l t u r e , Vet e r i n a r y, Law, D e n t a l ,M a n a g e m e n t , C o m p u t e r, P h a r m a c y, Physiotherapy, Hotel Management , ICWA, CA,CFA; Courses conducted by IIM, IIT, XLRI, NIFT;
Courses offered in India by reputed foreign
universities;
Evening Courses of approved Institutes; Other Courses leading to Diploma /
Degree conducted by Colleges / Universities approved by UGC / Govt. / AICTE / AIBMS /ICMR; Courses offered by National Institutes
and other reputed private Institutions Graduation - Only for job oriented professional /
technical courses offered by the reputed Universities; Post Graduation - MCA, MBA, MS; Courses conducted by CIMAA in London, CPA in USA
Amount of loan
- For studies in India - a maximum of Rs.7.50 lakh
- For studies abroad - a maximum of Rs.15.00 Lakh
Expenses cover
Tuition Fees; Hostel Fees and Boarding and Lodging Fees if resident outside Hostel;
Examination / Laboratory and Library Fees; Purchase of Books/Study material / Equipment and Uniforms; Caution Deposit / Building Fund /Refundable Deposits (supported by Receipts s s u e d b y t h e I n s t i t u t i o n ) ; Tr a v e l expenses/passage money for study abroad; Purchase of Computer if certified as essential for completion of course; other expenses like Project Work, Study Tour and Thesis, which are necessary for completion of course
Margin
Up to Rs.2 lakh - no margin required Above Rs.2 lakh - 25% for studies in India and abroad. Scholarship / Assistantship may be reckoned as part of margin. Margin may be brought in on year -to-year basis as and when disbursements are made on a pro-rata basis |
