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Delhi Government to Provide Loan to Students for Higher Education

Published: | June 24, 2019
Delhi Government to Provide Loan to Students for Higher Education

Delhi Education Minister Manish Sisodia on Saturday announced that the government will provide a loan of 10 lakh rupees for the higher education of Delhi Government School students belonging from an economically weaker background.

Delhi government announced that it will pay the CBSE examination fee of students from government schools from the next academic year. The announcement came from the government on Saturday. Mr. Manish Sisodia, the Hon’ble Education Minister of Delhi Government informed that the government is also planning to conduct free coaching sessions for students to prepare them for competitive examinations such as NEET, JEE and other postgraduate level examinations in UPSC etc for employment purpose.

In an event to felicitate the government school students who scored more than 90% in 12th board examinations, the education minister made the announcement.

The education minister also added that the government is planning to grant a loan of 10 lakh rupees for Higher Education for the students belonging from poor families studying in the Delhi Government Schools. As banks demand guaranteed against granting loans, the loan from the government has no such norms as the government will take the guarantee of all the talented students. He added that the student will have 15 years to pay back the loan after getting employed.

Mr. Sisodia informed the students present in the event about the scholarship schemes present in the government schools. He said that the Delhi Government provides assistance to the students coming from a family with less than 1 lakh per annum income. The government in such cases. Provides 100% scholarship for the student to study in any Delhi based University for higher studies.

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The Hon’ble Cheif Minister of Delhi, Mr. Arvind Kejriwal was also present in the event who interacted with the toppers and encouraged them for their future endeavours. He also appealed the students to come under the government schemes for assistance in their higher education.

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He expressed his joy by saying now he gets applications for granting admissions in Delhi’s government schools unlike the situation 5 years ago when the applications came for admissions in private schools. There have been major infrastructural and academic improvements and students no more suffer from inferiority complex for studying in Delhi Government Schools.

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