Award details-
- The maximum amount of loan for studies in India will be INR 10,00,000.
- The maximum amount of loan for studies abroad will be INR 20,00,000.
Following expenses will be considered for loan-
- Fees payable to school or college or hostel.
- Purchase of equipment or uniforms or instruments or books.
- Refundable deposit or building fund or caution deposit. Note- These expenses will cover maximum 10 percent of the tuition fees for the entire course.
- Cost of a two-wheeler and it should not be more than INR 50,000.
- Passage money or travel expenses for the students studying abroad.
- Other expenses that will be essential for the course completion. Eg.- project work, study tours, assistive devices.
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