About the Scheme

Basic Implementation Framework of Guruji Student Credit Card (GSCC) Scheme

With the objective to increase the GER and accessibility of Higher Education by the students, the State Government has set up 04 new universities since 2016, 19 private universities since 2007 and 19 new Government Colleges (Women’s college, Model college & Degree college) in aspirational districts/educationally backward districts/remote locations in addition to the already existing 63 constituent colleges.

Each year more than 4 lakhs students qualify Class 10th and more than 3 lakhs students qualify Class 12th exams in the state of Jharkhand to pursue higher education.

One of the major objectives of the State Government is to ensure that no student is denied the opportunity to pursue higher education because of their financial condition. To achieve this objective and to facilitate meritorious students from financially weaker sections to pursue higher studies, the State Government proposes to support the students by providing an education loan, having a maximum limit of Rs. 15 lakhs (Rupees fifteen lakhs) available at subsidised rate of 4% simple interest rate per annum, so that the students can avail necessary funds as and when needed for their education.