Financial Assistance for Private Self-Financed Technical Institutions
The "Financial Assistance for Private Self-Financed Technical Institutions" scheme by the Higher, Technical Education & Skill Development Department, Government of Jharkhand, provides grants to private engineering and polytechnic institutions for infrastructure enhancement and quality education.
About This Scheme
Benefits
₹2.0 Cr
- Grant of up to ₹2,00,00,000/- for new private engineering institutions.
- Grant of up to ₹1,00,00,000/- for new private polytechnic institutions for infrastructure development.
- Grant of up to ₹6,00,00,000/- for existing engineering institutions.
- Grant of up to ₹3,00,00,000/- for existing polytechnic institutions for upgrading facilities.
NOTE:
- Assistance is provided in three equal installments.
- Accreditation-linked funding: the second installment requires two NBA-accredited courses, and the third installment requires four NBA-accredited courses.
- At least 60% of seats are reserved for local students of Jharkhand.
Eligibility
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Required Documents
- ✦Registered Deed & Mutation Certificate for land ownership
- ✦Registration Certificate of the Trust/Society/Company managing the institution
- ✦Audited Financial Statements (Last 5 years)
- ✦AICTE Approval Letter and Affiliation Documents
- ✦Income Tax Return (ITR) Certificate
- ✦Accreditation certificates (if applicable) from NBA
✦ Required ◦ Optional
How to Apply
Step 1: The interested applicant should visit (during office hours) the Higher, Technical Education & Skill Development Department and request a hard copy of the prescribed format of the application form from the staff exclusively entrusted to issue and collect filled-in applications.
Step 2: In the application form, fill in all the mandatory fields, and attach copies of all the mandatory documents (self-attest, if required).
Step 3: Submit the duly filled and signed application form along with the documents to the Higher, Technical Education & Skill Development Department.
Step 4: Request a receipt or acknowledgment from the concerned authority to whom the application has been submitted. Ensure that the receipt contains essential details such as the date and time of submission, and a unique identification number (if applicable).
Quick Info
- Level
- Central Government
- Max benefit
- ₹2.0 Cr