{"id":2428,"date":"2023-06-21T12:15:35","date_gmt":"2023-06-21T06:45:35","guid":{"rendered":"https:\/\/bscrackers.com\/?p=2428"},"modified":"2023-06-21T12:15:35","modified_gmt":"2023-06-21T06:45:35","slug":"hp-cm-announces-rs-20-lakh-education-loan-for-students-from-underprivileged-families","status":"publish","type":"post","link":"https:\/\/bscrackers.com\/?p=2428","title":{"rendered":"HP CM Announces Rs 20 Lakh Education Loan for Students from Underprivileged Families"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div style=\"display:flex;justify-content:space-between;background:#f3f3f3;padding:0 15px 10px 10px;border-bottom:5px solid #e1261c\">\n<div style=\"width:510px;padding-top:10px;position:relative;height:350px\" class=\"jsx-1647035624 article_bimg\">\n<figure style=\"line-height:0;width:510px;height:340px\" class=\"jsx-1647035624\"><img fetchpriority=\"high\" decoding=\"async\" alt=\"The loan will cover the cost of boarding, lodging, tuition fee, books and other education-related expenses, Sukhu said (File pic\/PTI)\" title=\"The loan will cover the cost of boarding, lodging, tuition fee, books and other education-related expenses, Sukhu said (File pic\/PTI)\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=510&amp;height=356\" loading=\"eager\" width=\"510\" height=\"340\" class=\"jsx-1647035624\"\/><\/figure>\n<p style=\"line-height:18px;position:absolute;bottom:0;background:linear-gradient(transparent,#000);left:0;right:0;margin-bottom:0;font-size:12px;color:#fff;padding:32px 10px 5px;min-height:55px\" class=\"jsx-1647035624 imageCaption\">The loan will cover the cost of boarding, lodging, tuition fee, books and other education-related expenses, Sukhu said (File pic\/PTI)<\/p>\n<\/div>\n<div style=\"width:359px;padding-top:10px\" class=\"jsx-1647035624 article_bnow_box\">\n<h2 style=\"min-height:24px;font-size:14px;line-height:24px;color:#3f3f3f;font-weight:400\" class=\"jsx-1647035624\">The students, up to the age of 28 years, will be eligible to apply for the loan at a nominal interest rate of one per cent under the Mukhya Mantri Vidyarthi Protsahan Yojna<\/h2>\n<\/div>\n<\/div>\n<div id=\"article_ContentWrap\">\n<div class=\"jsx-1647035624\">\n<p id=\"0\" class=\"story_para_0\">Students in Himachal with an annual family income of less than Rs 4 lakh can now apply for an education loan of up to Rs 20 lakh for their higher studies, Chief Minister Sukhvinder Singh Sukhu said on Tuesday. The students, up to the age of 28 years, will be eligible to apply for the loan at a nominal interest rate of one per cent under the Mukhya Mantri Vidyarthi Protsahan Yojna.<\/p>\n<p id=\"1\" class=\"story_para_1\">The loan will cover the cost of boarding, lodging, tuition fee, books and other education-related expenses, Sukhu said in a statement issued here on Tuesday. The Rs 200-crore scheme announced in the first budget of the Congress government was approved by the cabinet on Monday.<\/p>\n<p><videocarousel\/><\/p>\n<p id=\"2\" class=\"story_para_2\">Students with a minimum of 60 per cent marks in previous classes can avail of this education loan to pursue diplomas and degrees in professional and technical education, the statement said. However, this facility does not apply to the students pursuing their studies through correspondence or online courses and it will be applicable to full-time courses only, it said.<\/p>\n<p id=\"3\" class=\"story_para_3\">Students can apply through an online portal by submitting all the requisite documents. If found eligible, the Director of Higher Education will recommend them to the concerned bank for releasing the first instalment of the loan. Until the online portal is operational, the candidates can fill a prescribed proforma and send the scanned documents via email to the Director of Higher Education.<\/p>\n<p><i class=\"disclaimer-content\">(This story has not been edited by News18 staff and is published from a syndicated news agency feed &#8211; <a href=\"https:\/\/www.ptinews.com\/\" target=\"_blank\" rel=\"noopener\">PTI<\/a>)<\/i> <\/div>\n<div class=\"jsx-1647035624 authorBox21 article_author\">\n<div class=\"jsx-1647035624 author_box\">\n<div class=\"author_box_inner\">\n<div class=\"img_box1 author_img\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2022\/08\/damini-solanki.jpg?impolicy=website&amp;width=70&amp;height=70\" class=\"lazyload\" alt=\"\"\/><\/div>\n<div class=\"text1 author_content\"><a class=\"smalldesc1 author_name\" href=\"https:\/\/www.news18.com\/byline\/damini-solanki.html\" target=\"_blank\" rel=\"noopener\"><span>Damini Solanki<\/span><\/a><\/p>\n<div>Damini Solanki, a News Trainee with News18.com, is always looking for stories. Right now covering the education and employment beat, Damini loves to t<!-- -->&#8230;<a href=\"https:\/\/www.news18.com\/byline\/damini-solanki.html\" class=\"read_more\" target=\"_blank\" rel=\"noopener\">Read More<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/education-career\/hp-cm-announces-rs-20-lakh-education-loan-for-students-from-underprivileged-families-8133187.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The loan will cover the cost of boarding, lodging, tuition fee, books and other education-related expenses, Sukhu said (File pic\/PTI) The students, up to the age of 28 years, will be eligible to apply for the loan at a nominal interest rate of one per cent under the Mukhya Mantri Vidyarthi Protsahan Yojna Students &#8230; <a title=\"HP CM Announces Rs 20 Lakh Education Loan for Students from Underprivileged Families\" class=\"read-more\" href=\"https:\/\/bscrackers.com\/?p=2428\" aria-label=\"Read more about HP CM Announces Rs 20 Lakh Education Loan for Students from Underprivileged Families\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":2429,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[106],"tags":[],"class_list":["post-2428","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/posts\/2428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2428"}],"version-history":[{"count":0,"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/posts\/2428\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=\/wp\/v2\/media\/2429"}],"wp:attachment":[{"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bscrackers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}