BHU Launches Interest Fee Loan Scheme; Economically Weak students to Get Rs 12,000 Per Year

New Delhi: BHU has launched an interest-free loan aid scheme for students who are unable to pursue their education due to financial constraints. 

According to BHU's official statement, students whose family has a BPL card, whose parents have succumbed due to COVID-19 or are no longer alive, and the child was dependent on their earnings, would be awarded an annual support of Rs 12,000 under the plan.

Vice-Chancellor Prof Sudhir Kumar Jain stated that the institution will provide all possible assistance to students so that they can complete their studies. The financial support will be in the form of an interest-free loan. To be eligible for the scheme, recommendations from two faculty members are necessary.

BHU Admission 2022

काशी हिन्दू विश्वविद्यालय ने अपने उन विद्यार्थियों की मदद के लिए वित्तीय सहायता ऋण योजना आरंभ की है, जो आर्थिक स्थिति के कारण विश्वविद्यालय में पढ़ाई के लिए चुनौतियों का सामना करते हैं। इस योजना के तहत विद्यार्थियों को 12000 रुपये वार्षिक की आर्थिक मदद प्रदान की जाएगी। #BHU pic.twitter.com/f5mZTHEcG1

— BHU Official (@bhupro) April 25, 2022

Around 1,000 children will profit from this initiative of BHU. Around 200 applications have been received in this regard, with 103 applications approved. The institution will shortly begin a new session to allow more students to apply stated Prof. K. K. Singh, Dean of Students at BHU.

Applications from students who are receiving financial support from another organisation will only be accepted if the entire amount does not exceed Rs. 12,000. Applicants should be aware that financial support will not be linked with the payment of any kind of fee to beneficiary students.

As per the official statement, once the student gets a job, he or she can repay the loans in two years in instalments. The burden for repaying the loans will not fall on the parents of the student or the faculty members who recommended the name of the student for the loan.

Also Check:

• BHU Sets Own Counselling Module Under New Admission Criteria 2022
• BHU to Host Launch of Dr Ambedkar Centre of Excellence to Offer Fee Coaching to UPSC Aspirants of SC Category

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