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Foreign Education Scheme

The "Foreign Education Scheme" provides financial assistance for non-reserved category students pursuing higher education abroad after Standard 12.

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About This Scheme

The "Foreign Education Scheme" introduced by the Social Justice and Empowerment Department, Gujarat, is designed to support meritorious students from economically weaker sections who wish to pursue higher education abroad. The financial assistance helps cover tuition fees, living expenses, and other educational costs. The repayment structure is flexible, ensuring students can repay the loan after completing their studies. The scheme is being implemented by the Gujarat Unreserved Education and Economical Development Corporation.

Benefits

₹15.0 L · monthly

Financial Assistance: A loan of the total tuition fee of the entire course or ₹15,00,000/-, whichever is less, will be provided by the Corporation at a simple interest of 4%.

Collateral:

For loans of total loan amount of ₹7,50,000/- or less for the entire course, a charge of one and a half times the loan amount will have to be registered on the beneficiary's own property or that of a relative.
If the total loan amount for the entire course is more than ₹7,50,000/-, the immovable property of oneself or any other relative equal to that total amount will have to be mortgaged in favor of the Corporation.

Loan repayment:

In case of total loan up to ₹5,00,000/-, it will have to be repaid in equal monthly installments over 5 (five) years, 1 year after completion of studies.
In case of loan exceeding ₹5,00,000/-, it will have to be repaid in equal monthly installments over 6 (six) years, starting 1 year after completion of studies.
The money from the loan being repaid will continue to be deposited as interest first.
The borrower can repay the loan even before the specified time limit.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

✦
School Leaving Certificate / Jam Certificate
✦
Aadhaar Card Copy
✦
Ration Card Copy
✦
Residence Certificate
✦
Non-Reserved Category Certificate
✦
Annual Income Certificate
✦
IT Return
✦
Admission Letter from the foreign university/college (Application date must be before graduation completion)
✦
If the course does not include a Bachelor's, Master's, or PG Diploma, upload details of the college/university previously attended
✦
Proof of Student’s Income
✦
Annual/Full Course Fee Payment Receipt
✦
Property Encumbrance/Mortgage of Father/Guardian (Appendix-1)
✦
Property Valuation Set and Property Documents of Father/Guardian
✦
Student's Surety Bond for Loan Repayment (Appendix-2)
✦
Copy of Passport
✦
Copy of Air Ticket
✦
Applicant’s Signature
✦
Copy of Mark Sheet of all previous academic examinations
✦
Copy of Degree Certificate

✦ Required ◦ Optional

How to Apply

OOnline

Registration Process:

Step 1: Go to the Corporation's official website and navigate to the "Gujarat Unreserved Education and Economical Development Corporation" section under Corporation menu.

Step 2:Click on "Foreign Education Scheme" and then Apply Now.

Step 3: Click on "New User? Please Register Here".

Step 4: Enter the required details and click Register.

Application Process:

Step 1: Enter your User ID, Password, and Captcha Code, then click "Login".

Step 2: Read the scheme details carefully and click OK.

Step 3: If your permanent address is correct, confirm it. Otherwise, enter your correct address.

Step 4: Click Save & Next to proceed. Upload the relevant documents.

Step 5: If you need to make changes, click "No, Cancel". If all details are correct, click "Yes, Submit".

Step 6: Click Save Application. Note down your Application Number for future reference. You can also take a printout by clicking Print Application.

Check Application Status: Click here.

Quick Info

Level: Central Government
Max benefit: ₹15.0 L