The government of Gujarat has expanded the benefits offered to students from the non-reserved category by raising annual income limits and providing more assistance in terms of educational loans.
The rise in income:
The Deputy Chief Minister, Nitin Patel said to the PTI, “In order to avail the benefits of schemes offered by the Gujarat Unreserved Educational and Economical Development Corporation, the annual income limit has been raised from Rs 3 lakh to Rs 4.5 lakh.”
Apart from this, to avail loans of up to Rs 15 lakh to study abroad, the annual income limit of the student’s kin has been raised from Rs 4.5 lakh to Rs 6 lakh.
The aim of the Gujarat Unreserved Educational and Economical Development Corporation:
The state-run corporation was set up last year to provide financial assistance to students from non-reserved categories, including help for tuition, coaching, food and competitive exam preparations.
It also aims to help students from the unreserved category for education, employment, study abroad, and for self-employment.
Who can avail loan facility?
1. The loan, which was earlier provided only to pursue medical education in foreign countries, will now be given to students to pursue any post-graduate course or higher programmes abroad.
2. Now, students who are seeking admission to institutes outside Gujarat can avail educational loans to study in national institutions like IIM, IIT, NID, NIRMA and NIFT.
Moreover, the state government had last year announced several schemes to benefit students from this category by offering assistance in terms of jobs and education.