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Delhi government launches education loan scheme


Delhi government launches education loan scheme

New Delhi, Sept 09 (ANI): The AAP government on Wednesday launched its higher education loan scheme under which students will be provided loan up to 10 lakh by banks with the government as a guarantor. Education minster Manish Sisodia said that the higher education and skill development guarantee scheme aims at helping students who wish to pursue higher education.

Students who have passed 10+2 examinations will be eligible for the loan for pursuing higher studies. The students will get a one-year moratorium after completion of his or her degree or diploma course and can repay the loan through EMIs over 15 years.

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