FESG

Foreign Education Scheme

The Foreign Education Scheme provides financial assistance to non-reserved category students from Gujarat who have completed Standard 12 and are pursuing higher education abroad. Beneficiaries can access loans covering tuition fees up to ₹15,00,000 at a low interest rate of 4%, with specific collateral requirements and flexible repayment options based on the loan amount.

राज्य नकद

राज्य / केंद्र शासित प्रदेश: गुजरात

नोडल विभाग: Industries and Mines Department

योजना किसके लिए: Individual

योजना प्रोफ़ाइल

डीबीटी (प्रत्यक्ष लाभ अंतरण): नहीं

श्रेणियाँ: शिक्षा और अध्ययन, सामाजिक कल्याण और सशक्तिकरण

उप-श्रेणियाँ: International education, Loan

लक्षित लाभार्थी: व्यक्तिगत

टैग: Foreign Study Loan, Higher Education, Student

विवरण

The "Foreign Education Scheme" introduced by the Social Justice and Empowerment Department, Gujarat, is designed to support meritorious students from economically weaker sections who wish to pursue higher education abroad. The financial assistance helps cover tuition fees, living expenses, and other educational costs. The repayment structure is flexible, ensuring students can repay the loan after completing their studies. The scheme is being implemented by the Gujarat Unreserved Education and Economical Development Corporation.

लाभ

Financial Assistance: A loan of the total tuition fee of the entire course or ₹15,00,000/-, whichever is less, will be provided by the Corporation at a simple interest of 4%. Collateral:
For loans of total loan amount of ₹7,50,000/- or less for the entire course, a charge of one and a half times the loan amount will have to be registered on the beneficiary&amp; 39;s own property or that of a relative
If the total loan amount for the entire course is more than ₹7,50,000/-, the immovable property of oneself or any other relative equal to that total amount will have to be mortgaged in favor of the Corporation. Loan repayment:
In case of total loan up to ₹5,00,000/-, it will have to be repaid in equal monthly installments over 5 (five) years, 1 year after completion of studies
In case of loan exceeding ₹5,00,000/-, it will have to be repaid in equal monthly installments over 6 (six) years, starting 1 year after completion of studies
The money from the loan being repaid will continue to be deposited as interest first
The borrower can repay the loan even before the specified time limit

Financial Assistance: A loan of the total tuition fee of the entire course or ₹15,00,000/-, whichever is less, will be provided by the Corporation at a simple interest of 4%.
Collateral:

- For loans of total loan amount of ₹7,50,000/- or less for the entire course, a charge of one and a half times the loan amount will have to be registered on the beneficiary&amp;#39;s own property or that of a relative. 
- If the total loan amount for the entire course is more than ₹7,50,000/-, the immovable property of oneself or any other relative equal to that total amount will have to be mortgaged in favor of the Corporation.

Loan repayment:

- In case of total loan up to ₹5,00,000/-, it will have to be repaid in equal monthly installments over 5 (five) years, 1 year after completion of studies.
- In case of loan exceeding ₹5,00,000/-, it will have to be repaid in equal monthly installments over 6 (six) years, starting 1 year after completion of studies.
- The money from the loan being repaid will continue to be deposited as interest first.
- The borrower can repay the loan even before the specified time limit.

पात्रता

The applicant must belong to a unreserved category.
The applicant must have scored 60% or more in Standard 12.
The applicant must have secured admission to an MBBS, graduation, post-graduation, or equivalent diploma course abroad.
The applicant’s family's annual income must be ₹6,00,000/- or less.

अपवर्जन

आवेदन प्रक्रिया

Online

Registration Process:

Step 1: Go to the Corporation's official website and navigate to the "Gujarat Unreserved Education and Economical Development Corporation" section under Corporation menu.
**Step 2:**Click on "Foreign Education Scheme" and then Apply Now.
Step 3: Click on "New User? Please Register Here".
Step 4: Enter the required details and click Register.

Application Process:

Step 1: Enter your User ID, Password, and Captcha Code, then click "Login".
Step 2: Read the scheme details carefully and click OK.
Step 3: If your permanent address is correct, confirm it. Otherwise, enter your correct address.
Step 4: Click Save & Next to proceed. Upload the relevant documents.
Step 5: If you need to make changes, click "No, Cancel". If all details are correct, click "Yes, Submit".
Step 6: Click Save Application. Note down your Application Number for future reference. You can also take a printout by clicking Print Application.

Check Application Status: Click here.

स्पष्टीकरण

myScheme पर प्रकाशित योजना सूचना से अतिरिक्त बिंदु (कानूनी सलाह नहीं)।

What is the objective of the "Foreign Education Scheme"?: "Foreign Education Scheme" is designed to support meritorious students from economically weaker sections who wish to pursue higher education abroad.
Who is eligible to apply for this scheme?: The applicant must belong to a non-reserved category, have scored at least 60% in Standard-12, and have secured admission to an eligible foreign university for MBBS, graduation, post-graduation, or an equivalent diploma course. Additionally, the applicant's family income must be ₹6,00,000/- or less.
What is the maximum loan amount that can be availed?: The applicant can avail a maximum loan amount of ₹15,00,000/- for higher studies abroad.
What is the interest rate of the loan?: The loan is provided at a simple interest rate of 4% per annum.
How long does the applicant have to repay the loan?: If the loan amount is up to ₹5,00,000/-, the applicant must repay it in 5 years, starting 1 year after course completion. If the loan amount exceeds ₹5,00,000/-, the repayment period is 6 years, starting 1 year after course completion.
Is early repayment of the loan allowed?: Yes, the applicant can repay the loan before the specified tenure without any penalties.
What type of collateral is required for the loan?: If the loan amount is up to ₹7,50,000/-, the applicant must provide a charge of 1.5 times the loan amount on their own or a relative's property. If the loan amount exceeds ₹7,50,000/-, immovable property of equal value must be mortgaged in favor of the Corporation.
Does the applicant need a guarantor for the loan?: No separate guarantor is required, but collateral in the form of property must be provided.

आधिकारिक लिंक

संदर्भ

आवेदन करें

अभी आवेदन करें

Foreign Study Loan Higher Education Student

आधिकारिक आवेदन या कार्यक्रम पोर्टल नए टैब में खुलता है। संदेह हो तो मंत्रालय की साइट पर विवरण सत्यापित करें।

Documents Required for Government Schemes

Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:

Aadhaar Card
Income Certificate
Caste Certificate (if applicable)
Residence Proof
Bank Account Details
Educational Certificates (for student schemes)

How to Apply for Government Schemes?

The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:

Check eligibility criteria
Collect required documents
Fill the application form
Submit the application online or at the relevant office
Track application status

यह पृष्ठ सार्वजनिक व आधिकारिक स्रोतों से योजना सूचना का सार प्रस्तुत करता है। यह कानूनी, वित्तीय या व्यावसायिक सलाह नहीं है; अधूरी या पुरानी हो सकती है; तथा सरकारी अधिसूचनाओं का स्थान नहीं लेती। आवेदन या निर्भरता से पहले पात्रता, लाभ व आवेदन चरण आधिकारिक पोर्टल या परिपत्र पर अवश्य सत्यापित करें।

हिन्दी चुनने पर साइट पर मेनू, बटन, फ़िल्टर और जहाँ उपलब्ध हो श्रेणी नाम हिन्दी में दिखाए जाते हैं। योजना का मुख्य पाठ (शीर्षक, विवरण, पात्रता, दस्तावेज़ आदि) स्रोत की भाषा में रहता है—अक्सर अंग्रेज़ी—जब तक आधिकारिक द्विभाषी या हिन्दी संस्करण उपलब्ध न हो।