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Scholarships Offered by Government

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Ø Arivu (Education Loan) Scheme:
              The Govt. of Karnataka has introduced “Arivu” (Education loan) to help the minority students with financial assistance upto Rs.75, 000/- per year till the completion of the course, for the professional courses like Medical, Engineering, Dental, Master Degree Courses, Diploma Courses, Nursing, B.Ed, D.Ed, and ITI. The loan has to be repaid after completion of the course with 2% interest. The Corporation allocates the physical and financial target based on allocation made in the budget and minority population. The District Manger of the concerned District invites the application through newspapers. The received application will be scrutinized and the same will be placed by the District Manager before the District Committee headed by Chief Executive Officer to Zilla Panchayath, who is the Chairman of the Committee. The Committee will select the beneficiary and forward the proceedings to the head office for release of loan to the beneficiary.

Ø  Vidya Poshak scholarships to all students  http://www.vidyposhak.org.in
Ø  Karnataka Scholarship http://schooleducation.kar.nic.in
Ø Mahindra ALL India Talent Scholarships for Diploma courses in polytechnics
-Scholarships given to students belonging to lower income group families, to help them pursue job oriented diploma courses at recognized government polytechnics.
Eligibility:
Passed SSLC/S.S.C / H.S.C
Ø  State Bank of Mysore
“Gnanamitra Educational loan”

 Courses Eligible Higher Studies

Diploma / Graduate / Post-graduate courses in the faculties of Engineering, Technology, Architecture, Medicine, Dental Science, Agricultural Science, Veterinary Science and Computer Certificate courses of reputed institutes accredited to department of electronics or affiliated to university
Limitation of loan:
Higher Education in India –Min(RS) 10000   Max(RS.) 10.00 lacs
Higher Education –Abroad –Min(RS)10000   Max(RS.)20.00lacs

INTEREST RATES: SCHEMES AND INTEREST RATES ARE SUBJECT TO CHANGES FROM TIME TO TIME.

Ø  Karnataka Vikas Grameena Bank
·         “Vikas Prathiba” This facility will applicable for PUC & professional, technical courses in India.
Graduate Courses – B.A., B.Sc., B.Com. B.C.A., B.B.M., Diploma in Engineering.
Eligibility:
Only for Talented Students, No bench mark.
Limits:  25 % margin for costs   above  Rs. 25,000/-

Ø  State Bank of India
Loan available for following courses:
Diploma, Degree, post graduation, technical courses etc.
Loan amount:
Maximum 10lacs (for India studies)

Maximum 30lacs (for abroad studies)


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