Government Loan: Foreign Education Loan Scheme 2026 for SEBC & EBC Students | Study Abroad at Just 4% Interest
Have you worked hard, scored good marks, and secured admission abroad —
but now facing this harsh reality? Government Loan
- Tuition fees are too high
- Banks are demanding heavy interest
- Family income is limited
- Your foreign study dream feels impossible
STOP RIGHT HERE.
If you are a student from SEBC (Socially & Educationally Backward Class) or EBC (Economically Backward Class), the Government has introduced a powerful Foreign Education Loan Scheme that can completely change your future.
Under this scheme, eligible students can get up to ₹15,00,000 education loan at a very low interest rate of just 4% per annum to study abroad.
This is not just financial help —
This is your passport to a global future.
What Is the Foreign Education Loan Scheme?
The Foreign Education Loan Scheme is a Government-supported loan program designed to help deserving but financially weak students pursue higher education abroad.
The loan is available for:
- Diploma courses
- Undergraduate (Graduate) programs
- Postgraduate (Master’s) programs
- Postgraduate Diploma courses
- Ph.D. and other advanced studies
The course duration must be at least 1 academic year or minimum 2 semesters.
Students can apply:
- Before going abroad, or
- Within 6 months after reaching the foreign country
Maximum Loan Amount & Interest Rate
Loan Amount
- Up to ₹15,00,000 for foreign education
Interest Rate
- Only 4% simple interest per year
- (Extremely low compared to private bank loans)
Eligibility Criteria (Very Important)
For SEBC Students
Minimum 60% marks in Class 12
Relaxation:
- NT / DNT / More Backward / Most Backward Classes – 50% marks
Annual family income must be below ₹10,00,000
For EBC Students
- Minimum 60% marks in Class 12
- Annual family income must be ₹4,50,000 or less
The scheme is applicable for students admitted to recognized foreign institutions.
Mandatory Documents Required
To avoid rejection, keep all documents ready:
- Caste Certificate (for SEBC) / EBC Certificate
- Family Income Certificate
- Income Tax Return (ITR) / Form-16
- Academic Mark Sheets & Degree Certificates
- Offer Letter / I-20 / Letter of Acceptance from foreign institute
- Copy of Student Passport
- Copy of Student Visa
- Air Ticket Copy
- Parent/Guardian Property Documents & Valuation Report
- Bank Account Details
Guarantor Requirement
- One financially sound guarantor is mandatory
Mortgage Condition (Very Important)
Once the loan is sanctioned:
- Parent/Guardian must register a mortgage of their property in favor of the Government
- If parent’s property cannot be mortgaged,
Guarantor’s property must be mortgaged
This mortgage is mandatory for loan disbursement.
How to Repay the Loan?
The repayment process is student-friendly:
Repayment starts 1 year after completion of studies
Repayment Period
- Loan amount: Up to 10 years
- Interest amount: Up to 2 years
Payment can be made in:
- Monthly installments, or
- Quarterly installments
Step-by-Step Application Process
Step 1: Online Application
- Visit the official website:
- esamajkalyan.gujarat.gov.in
- Fill the online application form
- Download forms, document list & FAQs
- Use Citizen Help Manual for guidance
Step 2: Upload & Submit
- Upload all required documents
- Submit the online form
- Take a printout of the application
Step 3: Submit to District Office
- Attach photocopies of uploaded documents
- Submit two copies to the concerned District Office
Step 4: Verification Process
- District Office will verify the application
- If documents are incomplete, application will be returned for correction
Failure to resubmit within time = Automatic rejection
Step 5: Final Approval
- Verified applications are sent to the Director, Developing Caste Welfare Department
- Applications are approved or rejected based on merit and eligibility
Approval order is sent to:
- District Office
- Student
Step 6: Loan Disbursement
After approval, mortgage deed must be registered
- Original registered mortgage document must be submitted
- District Office initiates payment
- Loan amount is directly credited to the student’s bank account
Why You Should Apply Immediately
- Study abroad without financial stress
- Extremely low 4% interest
- Government-backed security
- Transparent process – no agents
- Equal opportunity for deserving students
What If You Don’t Apply?
- Your foreign education dream may collapse
- Private bank loans will burden you with heavy interest
- You may lose admission due to lack of funds
- This opportunity may not return
Final Words for Students & Parents
Talent should never die because of money.
Apply Online Now at esamajkalyan.gujarat.gov.in
Share this information with deserving students — one share can change a life
| WhatsApp channel | Click Here |
| Telegram channel | Click Here |
| More News | Click Here |