Maharashtra Govt. to Bear Cost of Rs.1,314 Crore under Student Scholarship Scheme

Simran Saini

Updated On: July 03, 2018 01:12 pm IST

  • As per the Student Scholarship Scheme, Maharashtra Govt. will pay 50% fees of students studying professional courses whose family income is less than Rs. 8 lakh a year.
  • This scheme is a part of Rajashree Shahu Educational Fee Scholarship Scheme.
Maharashtra Govt. to Bear Cost of Rs.1,314 Crore under Student Scholarship Scheme

The Maharashtra government will have to bear the annual burden of Rs.1,314 crore for paying 50% fees of students belonging to engineering, medical and other professional courses with a family income of less than Rs. 8 lakh a year.

Chandrakant Patil, Revenue Minister said that the budgeting for Rs.12,00 crore has already been done for engineering and other professional courses whereas the remaining Rs.114 crore related to medical admissions were released on July 2, 2018 by the state government.

Also Read: Maharashtra DVET Launches ITI Mobile App for Aspirants

This initiative is a part of Rajashree Shahu Educational Fee Scholarship Scheme. According to this scheme, the state government bears 50% of the student's fee who are studying in professional courses and whose family income is less than Rs.8 lakh a year.

Under this scholarship, the money is directly transferred to the account of colleges where students have taken admission. It covers over 605 medical, engineering and other professional courses. Both government and private colleges are eligible under the same. As much as 5 lakh students will be benefitted from this scheme.

Also Read:Maharashtra Govt. Sets Up Three-Tier Audit System for Mumbai University Colleges

Meanwhile, Mr. Patil also talked about the Maratha Reservation Issue and said that it is still pending before the court. He also expressed his support for reservation for the Marathas in academics and jobs and has requested Maharashtra State Backward Class Commission to look into the matter and take significant steps. Even though about 200000 applications have already been received in its favour, the report is not expected to be submitted before January 2019.

Are you feeling lost and unsure about what career path to take after completing 12th standard?

Say goodbye to confusion and hello to a bright future!

news_cta
/news/maharashtra-govt-to-bear-cost-of-rs1314-crore-under-student-scholarship-scheme-14131/

Do you have a question? Ask us.

  • Typical response between 24-48 hours

  • Get personalized response

  • Free of Cost

  • Access to community

Recent News

Subscribe to CollegeDekho News

By proceeding ahead you expressly agree to the CollegeDekho terms of use and privacy policy
Top
Planning to take admission in 2024? Connect with our college expert NOW!