Student Loan Scheme

Student Loan Scheme

Student LoanAnnouncement made by the Federal Finance Minister in his 2001-2002-budget speech, a STUDENTS LOAN SCHEME for Education was launched by the Government of Pakistan in collaboration with leading commercial banks of Pakistan (NBP, HBL, UBL, MCB and ABL). Under the Scheme, financial assistance is provided by way of Interest Free Loans to the meritorious students who have financial help for pursuing their studies in Scientific, Technical and Professional education within Pakistan.

The Scheme is being administered by a high powered committee comprising Deputy Governor, State Bank of Pakistan, Presidents of the commercial banks and representative of Ministry of Finance, Government of Pakistan.
ADMINISTRATOR OF THE SCHEME National Bank of Pakistan

Eligibility
The following students are eligible to apply for loans provided:
i) He/She has obtained admission on merit through normal course/procedure in the approved Universities/Colleges of the public sector mentioned hereunder.
ii) He/She falls at the time of admission within the age bracket of:- For Graduation Not exceeding 21 Years
For Post-Graduation Not exceeding 31 Years
For Ph.D Not exceeding 36 Years
iii) He/She has secured at least 70% marks in the last public examination.
iv) He/She has undertaken the study of the subjects given below.
v) He/She is unable to pursue studies due to financial constraints.