Launched on Gandhi Jayanti, October 2, 2016, the Bihar Student Credit Card Scheme aims to empower students by providing financial assistance for higher education. This initiative offers education loans up to Rs. 4 lakhs to students who have completed their 12th grade and wish to pursue further studies but face financial hurdles.
Key Features of the Scheme
- Loan Amount: Students can avail of an education loan up to Rs. 4 lakhs.
- Coverage: The loan covers a wide range of expenses, including tuition fees, hostel charges, and even rented accommodation if hostel facilities are unavailable. Additionally, it covers other educational expenses and living costs.
Who Can Benefit?
- Eligible Courses: The scheme is available for students pursuing higher education in general courses such as B.A., B.Sc., and professional or technical courses like engineering, medical, management, and law.
- Eligibility: This scheme specifically benefits students who, despite having the desire and capability for higher education, are unable to afford it due to financial constraints.
How to Apply
Students interested in applying for the Bihar Student Credit Card Scheme can do so online. The application process is streamlined and user-friendly, ensuring that financial assistance is accessible to all eligible students.
- Online Application: To apply, visit the official portal: Bihar Student Credit Card Scheme
This initiative represents a significant step towards making higher education accessible to all, ensuring that financial difficulties do not hinder a student’s educational aspirations.