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As part of the Bihar Student Credit Card Scheme, the Government of Bihar provides financial assistance to students seeking higher education. A credit card with a credit limit of up to INR 4 lakh can be given to eligible students under this scheme to cover the cost of tuition fees, hostel charges, and other educational expenses.
Dear friends, I am delighted to welcome all of you to this article. On October 2, 2016, the Chief Minister of Bihar, Mr. Nitish Kumar, launched the Bihar Student Credit Card Scheme, which provided loans for higher education to state students. A student-teacher program has been established to provide education, and the students play a major role in our country’s development. Also if you want to motivate yourself you can read Study motivation quotes.
It has been the responsibility of the central and state governments to initiate such schemes to motivate girl students and students to pursue higher education. In the same vein, a new scheme has been launched by the Bihar state government, called the Student Credit Card Yojana 2023.
Through which higher education will be provided to the poor and financially capable students of the state, financial assistance will be provided, so if you also want to take advantage of the Student Credit Card Scheme 2023, you can get all the information related to the scheme through this article of ours. As an example, what is the purpose of the scheme, what are its benefits, what are its features, what eligibility is required to apply, what documents are required, and how do you apply. This article will give you all the information you need. Please read this article to the end if you want to use the Student Credit Card Bihar 2023 for your higher education as well.
Those students who have obtained education loans under the Bihar Student Credit Card Scheme will be waived by the government under the loan waiver scheme, but if they do not get a job after completing a vocational course sponsored by the government, then this situation will continue. In addition, if the student gets a job, the student loan will be forgiven.
Upon completing 12th class, these loans can be taken to obtain technical or general education. They must repay the loan in 82 easy installments. Bihar State Education Finance Corporation has also been established by the Government of Bihar, through which students can obtain interest free loans up to Rs 4 lakh for pursuing higher education.
Student Credit Card Yojana 2023 provides loan facilities for students studying in Bihar. Through the Bihar Student Credit Card Yojana, credit cards are issued to students. He can withdraw a maximum of Rs. 4 lakhs for his education through this scheme. Many students have benefited from this scheme so far. There is no need to provide any guarantee. The government has provided loans to 86544 students under this scheme, a sum of Rs 1086 crore, which will be spent till August 2020 on education loans.
By getting loans, poor children of Bihar state can get an education without worrying about financial constraints. To avail of this program, you must be a native of Bihar and a 12th pass student.
The announcement was made by the member of legislative council, Neeraj Kumar. He also said that 33 percent of medical and engineering colleges had reserved seats for girls.
With the Student Credit Card Yojana 2023, students who have passed the intermediate 12th class from institutions recognized by the Bihar Government, and are looking to pursue higher education like graduation, BA, BSC, marriage, can get a government loan of up to 400000. Financial assistance will be provided.
There will be no interest charged on loans taken under the Bihar Student Credit Card Scheme 2023.
A benefit of the Student Credit Card Yojana 2023 will be provided to girls from poor backgrounds who are keen on completing their higher education.
As well as educational institution fees, this loan will cover study materials and food expenses.
Students in the state will be able to improve their standard of living under this scheme by getting rid of the financial crisis.
Bihar’s Ajit Card scheme also allows students to apply online for its benefits.
With the Student Credit Card Yojana 2023, the government offers 0% interest education loans to 10th grade students.
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