As part of the Education Loan Scheme, the National Minorities Development and Finance Corporation (NMDFC) and the National Handicapped Finance and Development Corporation (NHFDC) provide funds to the State Channeling Agency (SCA), which in this case is the Himachal Pradesh Minorities Finance & Development Corporation (HPMFDC), at an interest rate of 1% for the purpose of making them available to students. The funds are subsequently lent by the SCA to students belonging to minority categories at an interest rate of 3%. In a similar manner, the NHFDC provides funds to the SCA at an interest rate of 1%. The SCA, in turn, disburses funds to students with disabilities at an interest rate of 4%, while also granting a 1% rebate to female students.