Kerala launches Rs900 crore education loan repayment scheme

Bengaluru: Kerala has launched a Rs900 crore scheme to help students from families with annual income below Rs6 lakh repay their education loans. The move assumes significance as it comes at a time when students are suffering because of banks selling a large number of its “bad loans”, or loans that have turned non-performing assets or NPAs, to asset reconstruction companies (ARCs), which may charge a higher interest rate in turn. Bad study loans are a severe problem for banks in Kerala. Out of the Rs10,220 crore total educational loans…

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Model Education Loans, Credit Guarantee Fund Scheme: Know Details Here

NEW DELHI:  As per Indian Banks’ Association (IBA) Model Scheme, approved courses leading to graduate/ post graduate degree and P G Diploma conducted by Colleges/ Universities recognized by the University Grants Commission, the All India Council for Technical Education, the Indian Council of Medical Research, etc. are eligible for education loan. Model education loan scheme covers recognized non professional courses. Complaints regarding educational loans, as and when received by the Government, are taken up with banks concerned for corrective action. As informed by Public Sector Banks, during 2016-17 (upto December,…

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Chevron, Co-ventures commend 289 UNILAG graduates under scholarship scheme

Star Deep Water Petroleum Limited (a Chevron firm) and its Co-ventures in the Agbami Field have commended the 289 University of Lagos (UNILAG) graduates under their scholarship scheme. The companies made the commendation in a statement issued on Wednesday in Lagos by Esimaje Brikinn, the General Manager, Policy Government and Public Affairs, Star Deep Water Petroleum Limited. According to Brikinn, 32 out of the 289 scholars, who graduated with First Class honours in 2016 are a great boost to the scheme. The scholarship tagged: “Agbami Medical and Engineering Professional Scholarship (AMEPS)…

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Online edu’nal scholarship scheme launched by ACC Cement works

As part of its Corporate Social Responsibility (CSR) ACC Cements Works here today launched Vidyasarathi Educational Scholarship Scheme for the benefit s students of various courses. The Rs 20 lakh worth scholarship will directly benefit 102 students–40 UG, 20-ITI, 30-Diploma and Engineering 12 and the scheme proposed to effectively bring the corporate and educational institutes in the education eco-system, K Vamshidhar Reddy, Director Plant, said at the launch. The technology-based education Scholarship scheme is being implemented as part of the Coimbatore Corporations’ Social Capital initiative, which will be implemented in…

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Colleges demand funds under Central scholarship scheme

The Punjab Unaided Colleges Association (PUCA) has urged the Centre for the early release of pending amount of Rs 373 Crore meant for SC students under the Post Matric Scholarship Scheme in Punjab for the 2015-16.A delegation of the PUCA met with Union Minister of State Vijay Sampla at his New Delhi residence to follow the release of the pending amount. Dr Anshu Kataria of PUCA said around Rs 373 crore meant for SC students in Punjab for the 2015-16 was still pending towards the government and that no amount…

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Shell Ideas 360 Global Competition, CBSE Merit Scholarship Scheme, Felix Scholarship

This is a global competition with three stages for students to formulate, develop and pitch their innovative ideas on tackling energy, water and food issues. Eligibility: UG/PG students above 18 years can apply as an individual or a team. Application: Online only. Prizes and rewards: Trophy, trip to London and a national geographic adventure trip. Last date to apply: December, 15, 2016 Website: http://www.b4s.in/plus/SIG7 CBSE Merit Scholarship Scheme for Single Girl Child The objective of this scheme is to provide scholarships to meritorious single girl children who are continuing their…

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Argentinian scholarship scheme hosted by British universities

The UK has for the first time become a host nation for an Argentinian government scholarship scheme. The BEC.AR Argentine Presidential Fellowship in Science and Technology was set up in 2012. It now gives about 100-150 students a year the chance to pursue master’s degrees in science, technology, engineering and maths subjects. Funding covers tuition fees, travel expenses, maintenance, health insurance and visa costs. Host countries include Australia, Brazil, Chile, France, South Korea, Spain and the US. As a powerful indicator of the desire for better relations between the two nations…

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Omar mismanaged PM Scholarship Scheme from 2011-14: Javadekar

JAMMU, Oct 14: Union Minister for Human Resources Development Prakash Javadekar today launched blistering counter attack on National Conference president and former Chief Minister Omar Abdullah on his remarks that grant of Indian Institute of Management (IIM) to Jammu was “partisan politics” and instead charged Omar with “mismanaging” Prime Minister’s Scholarship Scheme (PMSS) during 2011-14 when he was the Chief Minister of the State. It was virtually a twitter war during the day today after Centre yesterday announced grant of IIM to Jammu at the cost of Rs 1000 crores…

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Govt clears new scholarship scheme for SC students

New Delhi: Strengthening financial assistance for students belonging to Scheduled Caste communities, government Thursday approved a new pre-matric scholarship for children studying in Classes IX and X. “The Cabinet Committee on Economic Affairs (CCEA) has approved the introduction of a new centrally-sponsored scheme for pre-matric scholarship for SC students in Classes IX and X, which will be implemented with effect from July 1, this year,” an official release said. While the day scholars will be provided a scholarship of Rs 150 per month, the hostelers will get an assistance of…

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