Educational Study Scheme

What is Educational Study Scheme?

The "Educational Study Scheme" provides financial assistance in the form of loans for self-supporting graduate-level courses in professional fields such as Medical, Dental, Engineering, Technology, Pharmacy, Architecture, Nursing, Homeopathy, Veterinary, and similar disciplines.

Benefit

**Financial Assistance:** A loan of the total tuition fee of the entire course or ₹10,00,000/-, whichever is less, will be provided by the Corporation at a simple interest of 4%. **Collateral:** - For loans of total loan amount of ₹7,50,000/- or less for the entire course, a charge of one and a half times the loan amount will have to be registered on the beneficiary's own or relative's property. - If the total loan amount for the entire course is more than ₹7,50,000/-, the immovable property of oneself or any other relative equal to that total amount will have to be mortgaged in favor of the Corporation. **Loan repayment:** - In case of total loan up to ₹5,00,000/-, the loan amount along with interest will have to be repaid in equal monthly installments over 5 (five) years, 1 year after completion of studies. - In case of loan of more than ₹5,00,000/-, the loan amount along with interest will have to be repaid in equal monthly installments over 6 (six) years, starting 1 year after completion of studies. - The loan amount being repaid will be credited first as interest. - The borrower can repay the loan even before the specified time limit.

Level

State — Gujarat

Ministry / Dept.

Social Justice and Empowerment Department

Benefit type

cash

Key eligibility

1. The applicant must be from Gujarat 1. The applicant must belong to the unreserved category. 1. The applicant must have passed Standard 12 with 60% or more from any school in the state of Gujarat. 1. The annual family income limit for state educational loan schemes will remain at ₹6,00,000/- or le

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Benefits

**Financial Assistance:** A loan of the total tuition fee of the entire course or ₹10,00,000/-, whichever is less, will be provided by the Corporation at a simple interest of 4%. **Collateral:** - For loans of total loan amount of ₹7,50,000/- or less for the entire course, a charge of one and a half times the loan amount will have to be registered on the beneficiary's own or relative's property. - If the total loan amount for the entire course is more than ₹7,50,000/-, the immovable property of oneself or any other relative equal to that total amount will have to be mortgaged in favor of the Corporation. **Loan repayment:** - In case of total loan up to ₹5,00,000/-, the loan amount along with interest will have to be repaid in equal monthly installments over 5 (five) years, 1 year after completion of studies. - In case of loan of more than ₹5,00,000/-, the loan amount along with interest will have to be repaid in equal monthly installments over 6 (six) years, starting 1 year after completion of studies. - The loan amount being repaid will be credited first as interest. - The borrower can repay the loan even before the specified time limit.

Eligibility

Documents Required

How to Apply

1. Step 1: Online application — step 1

   Registration Process:

2. Step 2: Online application — step 2

   Step 1: Go to the Corporation's official website and navigate to the "Gujarat Unreserved Education and Economical Development Corporation" section under the Corporation menu.

3. Step 3: Online application — step 3

   Step 2: Click on "Training Assistance for Competitive Examinations" and then Apply Now.

4. Step 4: Online application — step 4

   Step 3: Click on "New User? Please Register Here".

5. Step 5: Online application — step 5

   Step 4: Enter the required details and click Register.

6. Step 6: Online application — step 7

   Application Process:

7. Step 7: Online application — step 8

   Step 1: Enter your User ID, Password, and Captcha Code, then click "Login".

8. Step 8: Online application — step 9

   Step 2: Read the scheme details carefully and click OK.

9. Step 9: Online application — step 10

   Step 3: If your permanent address is correct, confirm it. Otherwise, enter your correct address.

10. Step 10: Online application — step 11

    Step 4: Click Save & Next to proceed. Upload the relevant documents.

11. Step 11: Online application — step 12

    Step 5: If you need to make changes, click "No, Cancel". If all details are correct, click "Yes, Submit".

12. Step 12: Online application — step 13

    Step 6: Click Save Application. Note down your Application Number for future reference. You can also take a printout by clicking Print Application.

13. Step 13: Online application — step 15

    Check Application Status: Click here .

14. Step 14: Online application — step 16

    Post Online Application Procedure: After submitting the online application, the applicant must take a printout of the application, sign it, and submit it along with all uploaded documents (certificates, mark sheets, etc.) to the concerned Deputy Director (Non-Reserved Category) or the District Social Welfare Officer through courier, post, or by visiting in person.

15. Step 15: Online application — step 17

    Contact Us: Click here .

Sources & References

• Official scheme website ↗
• Source record ↗
• Information is summarised from official government sources. Verify all details on the official website before applying.