Interest free Education Loan Scheme
The students who have been selected by the Ministry of Education, to follow the selected degree programmes in selected Non State Higher Education Institutions.
For three (03) years degree programme – Rs.825,000/-
(Course Fee of Rs.600,000/- + Annual Stipend of Rs.225,000/-)
For four (04) years degree programme – Rs. 1,100,000/-
(Course Fee of Rs.800,000/- + Annual Stipend of Rs.300,000)
Course Duration + Further one (01) year
Maximum of twelve (12) years
Joint and several guarantee of two persons, as follows;
- Mother/Father/Guardian of the borrower (student) and
- A closely related family member of the borrower (student)
Students who wish to obtain this loan must contact the Ministry of Education for more information.