6% Interest Subsidy on Loans taken through Banks for Study Abroad
The scheme aims to reduce financial stress for ST students pursuing foreign education by providing up to ₹1,50,000 subsidy on interest for 3 years.
The scheme provides financial assistance to one boy and one girl from the SC/ST community (Hindu Adi Dravidar) in each district who secure the first rank in plus 2 Public Examinations.
The scheme provides financial assistance to one boy and one girl from the SC/ST community (Hindu Adi Dravidar) in each district who secure the first rank in plus 2 Public Examinations.
- **In first year:** ₹2,000/-. - **For the succeeding five years:** ₹1,500/- per annum.
Step 1: Offline application — step 1
Step 1: The interested applicant should collect the application form from the concerned educational institution.
Step 2: Offline application — step 2
Step 2: In the application form, fill in all the mandatory fields, paste the passport-sized photograph (signed across, if required), and attach copies of all the mandatory documents (self-attest, if required).
Step 3: Offline application — step 3
Step 3: Submit the duly filled and signed application form along with the documents to the educational institution.
Step 4: Offline application — step 4
Step 4: Request a receipt or acknowledgment from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).
Applications are accepted only on the official government portal.
Open Official WebsiteThe scheme aims to reduce financial stress for ST students pursuing foreign education by providing up to ₹1,50,000 subsidy on interest for 3 years.
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