The scheme provides full interest subsidy during the moratorium period on loan availed under Model Education Loan Scheme of Indian Banks’ Association (IBA) to students belonging to economically weaker sections whose annual parental income is up to ₹4.5 Lakhs from all sources.
Under this scheme, education loans are provided at subsidized interest rates to students belonging to Thakor and Koli communities for pursuing graduate and postgraduate studies in fields such as engineering, medical, MBA, and MCA.
The Higher Education Department, Government of West Bengal has introduced the Student Credit Card Scheme for the students of West Bengal to enable them to pursue higher education without having any financial constraints.
Padho Pardesh is a scheme of interest subsidy on educational loans for overseas studies for the students belonging to the minority communities. The scheme was launched by the Ministry of Minority Affairs in 2006 under the Prime Minister’s New 15 Point Programme for the Welfare of Minorities.
This scheme offers educational loans of up to ₹10 lakhs for studies within India and up to ₹20 lakhs for studies abroad. These loans are available to eligible students pursuing regular full-time recognized professional/technical courses in India or abroad.
The scheme is implemented by Haryana Backward Classes & Economically Weaker Sections Kalyan Nigam, aims to provide education loans to sections of minority population on the basis of “Creamy Layer”. These loans support pursuing general/professional/technical courses at graduate levels or higher.
Under this scheme, education loans of up to ₹50 lakhs are provided to persons with disabilities (OH/VH/HH/MR) for pursuing professional and technical education both in India and abroad.
The scheme “Loan for Training of Commercial Pilot (GUEEDC)” by the Social Justice and Empowerment Department, Gujarat, provides financial loan assistance of up to ₹25,00,000/- at 4% simple interest per annum is provided to Unreserved category candidates for pursuing commercial pilot training.
The scheme, implemented by the Haryana Backward Classes and Economically Weaker Sections Kalyan Nigam, provides education loans for pursuing general, professional, and technical courses or training at the graduate and higher levels to minority communities as notified by the Government of India.
Chief Minister Sarbananda Sonowal launched the Assam Abhinandan Education Loan Subsidy Scheme at the Srimanta Sankardev International Auditorium on 26 December 2019 in the presence of Finance Minister Himanta Biswa Sarma, , several senior officials of the State Finance Department, and bank officials
The scheme implemented by the National Scheduled Castes Finance & Development Corporation, Ministry of Social Justice & Empowerment, Govt. of India. Under this Scheme, loan is provided for pursuing full-time Professional/Technical courses in recognized institutions as one time assistance.
This scheme offers educational loans of up to ₹10 lakhs for studies within India and up to ₹30 lakhs for studies abroad. These loans are available to eligible students pursuing regular full-time recognized courses in India or abroad.
An Education Loan scheme by the Ministry of Social justice and Empowerment for Safai Karamchari, Manual Scavengers, and their dependents aged 18 years and above.