Educational Study Scheme
State: Gujarat
Ministry: null
Department: Social Justice and Empowerment Department
Category: Education & Learning, Banking,Financial Services and Insurance, Social welfare & Empowerment
Beneficiary Type: Individual

The "Educational Study Scheme" provides financial assistance in the form of loans for self-supporting graduate-level courses in professional fields such as Medical, Dental, Engineering, Technology, Pharmacy, Architecture, Nursing, Homeopathy, Veterinary, and similar disciplines.

Benefits:
**Financial Assistance:** A loan of the total tuition fee of the entire course or ₹10,00,000/-, 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;amp;#39;s own or relative&amp;amp;#39;s property.
    - 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/-, the loan amount along with interest will have to be repaid in equal monthly installments over 5 (five) years, 1 year after completion of studies.
    - In case of loan of more than ₹5,00,000/-, the loan amount along with interest will have to be repaid in equal monthly installments over 6 (six) years, starting 1 year after completion of studies.
    - The loan amount being repaid will be credited first as interest.
    - The borrower can repay the loan even before the specified time limit.

Eligibility:
1. The applicant must be from Gujarat 
1. The applicant must belong to the unreserved category.
1. The applicant must have passed Standard 12 with 60% or more from any school in the state of Gujarat.
1. The annual family income limit for state educational loan schemes will remain at ₹6,00,000/- or less.

<br>

**Note:**

1. Priority is given to widows and orphans when sanctioning loans under this scheme.
1. The loans of those who drop out mid-studies or fail to obtain a degree within the stipulated time frame will be subject to recovery at once and interest subsidy will not be available.

Application Process:
[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 the Corporation menu.
Step 2:Click on "Training Assistance for Competitive Examinations" 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.Post Online Application Procedure: After submitting the online application, the applicant must take a printout of the application, sign it, and submit it along with all uploaded documents (certificates, mark sheets, etc.) to the concerned Deputy Director (Non-Reserved Category) or the District Social Welfare Officer through courier, post, or by visiting in person.Contact Us: Click here.

Documents Required:
School Leaving Certificate (or Birth Certificate)
Aadhaar Card Copy
Ration Card Copy
Residence Proof
Annual Family Income Certificate
Non-Reserved Category Certificate
IT Return
Class 10th & Class 12th Marksheet Copy (or Diploma Certificate)
Proof of the period between graduation & application date (if applicable)