Govt Schemes and Programs

Name of Scheme

Dr. Ambedkar Central Sector Scheme of Interest Subsidy on Educational Loan for Overseas Studies for Economically Backward Classes (EBCs)

Type of Scheme

Education

Sector

Education

Name of Ministry

Ministry of Social Justice and Empowerment

About the Scheme

The objective of the scheme is to award interest subsidy to meritorious students belonging to economically weaker sections of the society so as to provide them better opportunities for higher education abroad and enhance their employability(NBCFDC, n.d.)

Benefits Under the Scheme

Can pursue higher education (Masters/Mphil/PhD) abroad and the state will provide interest subsidy

Eligibility Criteria

The students should have secured admission in the approved courses at Masters, M.Phil or Ph.D levels abroad for the courses listed at Para14. He/She should have availed loan from a scheduled bank under the Education Loan Schemeof the Indian Banks Association (IBA) for the purpose...... Total income from all sources of the employed candidate or his/her parents/guardians in case of unemployed candidate shall not exceed Rs.1.00 lakh per annum(NBCFDC, n.d.).

Concerned Agency Institutions

The Scheme will be implemented by the designated Banks as per MoU between the Banks and the NBCFDC on behalf of the Ministry of Social Justice and Empowerment(NBCFDC, n.d.)

Name Of Person

Gopal Meena

Designation

District magistrate

Address

n.a.

Email

nbcfdc@del3.vsnl.net.in ; dm-madhepura.bih@nic.in dmmadhepura@gmail.com

Phone

011-26511027/ 011-26511028 ; Mobile- 9473191353

Fax

011-26850086

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