Students from Bihar have two options of taking economic help/study loan, Bank Loan or BSCCS. If the course fee is up to Rs 4,00,000, students can avail Bihar Student Credit Card Scheme. Introduced by the Government of Bihar, the scheme is only applicable to NAAC A+ graded Universities, NIRF ranked Institutions and NBA accredited institutions. This is a loan scheme that enable college students who wish to pursue higher Study without any financial problems.

• All the Bihar students are eligible for this scheme.
• Previous qualifications (10th/12th) should be from Bihar State/Native State (Jharkhand, Uttar Pradesh, West Bengal School/Board).
• Academic Fee, Laptop/Books Stationery & Living Expenses covered under the scheme.
• Students can avail study loan under the scheme up to Rs. 4 lakhs.
• ROI for Boys 4% & for Girls 1% per annum.
• Moratorium Period of 1 year after study also provided to students to start repayment.
• Repayment period varies from 5 to 7 years depending upon loan amount.
• 0.25 Interest Subsidy at pre-closure of loan before the scheduled time period.

• Obtain documents by logging into CUIMS or from the campus of Career defence School.
• Upload the letter at https://www.7nishchay-yuvaupmission.bihar.gov.in/
• Visit the nearest DRCC Office to submit physical documents and identification of the student.
• Verification at the university level by DRCC Bihar/TPVA Abhay Techno Pvt. Ltd.
• Approval by DRCC, agreement between DRCC Office and student.
• BSEFCL will share the transaction details with students via SMS and E-mail.
• For payment updates on CUIMS, send transaction details to edu.loan@cumail.in

West Bengal students can avail the benefits of the West Bengal Student Credit Card Scheme to pursue Study without having any financial constraints. The Higher Study Department, Government of West Bengal has designed this scheme to support the students who choose to study further- in secondary, higher secondary, madrasa, undergraduate and postgraduate studies including professional degree and other equivalent programs in any school, Madrasa, College, University or other affiliated institutes within and outside India. Maximum loan amount Rs.10,00,000/- (Including Semester Fee/Hostel Fee/Other Expenses).

• Study loans are available without providing any collateral security and third-party guarantee.
• All West Bengal students can obtain a maximum loan of Rs. 10 lakhs @ 4% per annum simple interest.
• Covers all expenses (Academic Fee/Living Expenses/purchasing of books/Computer/Laptop/Tablet/equipment), including fees for different competitive examinations.
• Moratorium or repayment holiday of one year after the completion of the course or one year after getting employment, whichever is earlier.
• For girl students, an additional concession of 0.5% per annum.
• 1% interest concession is provided for borrowers if the interest is serviced during the study time.

• Obtain documents by logging into CUIMS.
• Upload the letter at WBSCC Portal: https://wbscc.wb.gov.in/
• Verification by HOI (Career Defence School).
• Physical visit by student/parents at an assigned bank by WBSCC.
• Approval by WBSCC, with an agreement between the bank and student.
• WBSCC will share the transaction details with students and the university via email.
• For payment updates on CUIMS, send transaction details to edu.loan@cumail.in

To realize our vision of providing every student the chance to access higher education, Chandigarh University has joined hands with the Jharkhand Government to offer financial aid to students to fulfill their career aspirations. An overarching goal of the State Government is to guarantee that every student has the chance to access higher education in the top institutions of the country, regardless of their economic constraints. Under this scheme, collateral-free and fully guaranteed education loan up to Rs 15 lakh is offered to help students pursue their higher education. This commitment aims to eliminate any barriers that might prevent students from pursuing further studies due to financial constraints.

• The student should be an Indian national and must have completed a recognized school in Jharkhand, Class 10th to pursue a diploma, and Class 10th and 12th to pursue undergraduate or higher courses.
• The student should have secured admission at Chandigarh University.
• The student should not be older than 40 years at the time of loan application.
• The student should not be a prior beneficiary of the scheme.
• The student should not have availed of an education loan from any state, central, or district cooperative banks, or any public or private sector banks for the course in which he/she is applying for a loan under the scheme.

• Obtain documents from Chandigarh University by logging in to CUIMS.
• Student Registration: The student registers on the web-based portal by filling in the required details as approved by the high-level committee.
• Submission of loan application: The student submits the detailed loan application form as per the format approved by the high-level committee.
• Undertaking by Student: The student submits an undertaking regarding the truthfulness of fulfilling all eligibility criteria under the scheme and accepting any legal/penal liability if found incorrect. The student shall also provide details of the benefits availed under any scholarship scheme, if applicable.
• Admission Document Upload: The student uploads the admission letter and fee payment schedule of the institute.
• Choice of Member Lending Institution (MLI) by Student: The student chooses one MLI from the list of onboarded MLIs for the loan application.
• Approval by MLI: After due process and scrutiny, MLI approves or rejects the student loan application, the quantum of the loan amount, and the timeline of disbursement.
• GSCC will share the transaction details with students and the university via email.
• For payment updates on CUIMS, send transaction details to edu.loan@cumail.in

• All Jharkhand students are eligible for this scheme.
• Previous qualifications (10th/12th) should be from Jharkhand State.
• Academic fees, laptop/books stationery, and living expenses are covered under the scheme.
• Students can avail study loans up to Rs. 15 lakhs under the scheme.
• Subsidized rate of 4% simple interest per annum.
• A moratorium period of 1 year after study is provided to the student to start repayment.
• The repayment period varies from 5 to 15 years, including course duration.