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New Education Loan Scheme Offers Rs 2.90 Lakh for B.Ed, Rs 2 Lakh for ITI

The government has made a lot of changes in various provisions of Bihar Student Credit Card Scheme under the Economic Solution Youth Empowerment Program under the Seven Nishchay Scheme. Under this, students enrolled or selected for enrollment in non-government or private educational institutions recognized by the competent authority outside the state will get the benefit of this scheme.

Whose institute has received at least one grade from the National Assessment and Accreditation Council (NAAC). Apart from this, the programs conducted in the institute have received accreditation from the National Board of Accreditation i.e. NBA or have received the ranking of the National Institutional Ranking Framework set by the Union Human Resource Ministry of the Government of India.

Let us tell you that earlier there was no compulsion for this scheme. According to the information received from the District Registration and Counseling Centre, students doing B.Ed and ITI will also get the benefit of Bihar Student Credit Card Scheme.

If students want to get financial assistance for studying B.Ed, then maximum assistance will be up to Rs 2 lakh 90 thousand. Whereas for ITI, assistance up to Rs 2 lakh will be available.

Apart from this, a provision has been made to give Rs 3 lakh for Polytechnic Diploma, while Rs 2 lakh 50 thousand for M.Tech. At the same time, up to Rs 4 lakh will be given for other courses.

Necessary documents will have to be given to avail the benefits of the scheme
Manager Kumar Bhaskar said that to avail the benefits of Bihar Student Credit Card Scheme, students will have to provide all the important documents. In this, a bonafide certificate has to be made from the institution of study.

Apart from this, other important documents including matriculation and intermediate mark sheet, Aadhar card, bank passbook, residential certificate along with photograph will have to be given.

He said that if enrollment is not done in educational institutions which have received a grade from the National Assessment and Accreditation Council (NAAC), then the students will not get the benefit of Bihar Student Credit Card Scheme under any circumstances.

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