Govt. of Delhi

Higher Education and Skill Development Guarantee Scheme for Pursuing Higher Education in Delhi

The Higher Education and Skill Development Guarantee Scheme for Pursuing Higher Education is introduced by Delhi Government (Ministry of Human Resource and Development) for students who wish to pursue diploma or degree level courses or specified skill development courses in Delhi and have done their class 10th and class 12th from Delhi. The main objective behind introducing this scheme is providing financial support from the banking system to meritorious students for pursuing higher education in Delhi. The main emphasis is that a meritorious student is provided with an opportunity to pursue higher education with the financial support from the banking system with reasonable and affordable terms and conditions. For getting eligible candidate need to satisfy some eligibility parameters.

Benefits of Higher Education and Skill Development Guarantee Scheme for Pursuing Higher Education:

  • Higher Education and Skill Development Guarantee Scheme for Pursuing Higher Education provide benefits
  • Most important benefit of this scheme is bank loans upto Rs. 10  lakh  taken  by  the  students  will  be  provided  guarantee  through    a Higher Education and Skill Development Credit Guarantee Fund  to be  created by  the Government  for providing guarantee  to  the banks  in case of default.   Students will not  be  required  to  furnish  any  collateral  or margin money  and  the  scheme will  be universal in nature regardless of the student’s background
  • Under this students will get loan for their diploma/degree courses from Government Institutions /Universities and constituent colleges of University of Delhi. It would also be available for Private/ Self-financed Institutions located in Delhi. It would also be available for Institutions of Technical/Training Skill Development such as courses by World Class Skill Centre or any other technical training/skill development institutions specified by the Government of NCT of Delhi

Required eligibility and conditions for applying Higher Education and Skill Development Guarantee Scheme for Pursuing Higher Education:

  1. Candidate must be permanent residence of Delhi (Govt. of NCT of Delhi)
  2. Candidate must have done his/her 10th or 12th
  3. Candidate must have done his/her 10th and 12th form Delhi itself
  4. Students who are children of employees of Govt. of NCT  of  Delhi  or Officials/government  servants who  are posted with  the Govt. of NCT of Delhi are also eligible under this scheme
  5. Candidate must have  taken  admission  to  a  higher  education course  or  specified  Skill  development  courses  (diploma  or  degree including  bachelor’s,  Master’s  and  Doctoral  Degree)  in  recognized institutions  in  Delhi  through  Entrance  Test/  Merit  Based  Selection process after completion of Secondary Examination/Senior Secondary Examination/required qualifying examination

Document required for applying:

  1. Permanent residence proof of Delhi e.g. Residence proof form authority
  2. Aadhar card
  3. Bonafide certificate
  4. Course fees estimate
  5. Bank account
  6. Previous years Marksheet
  7. Some others documents may required for loan process please visit bank

Application procedure:

  1. If applicant candidate once got an admission in eligible institute of Delhi along with respective course, then he/she can visit bank for availing loan along with documents
  2. Getting list of eligible institutes please visit next link: http://bit.ly/29YNaeP
  3. Getting list of banks which provides loans under this scheme please visit next link: http://bit.ly/29ZPIdl
  4. Note: Before proceed please make sure all terms and conditions along with eligibility and rate of interest by going through the official document of this scheme, which is mentioned over next link:

Contact Details:

  1. Candidate can contact to institute where he/she pursuing education
  2. Candidate can contact to eligible banks which provides loan
  3. GOVT. OF NCT OF DELHI
    DIRECTORATE OF HIGHER EDUCATION
    B-WING, 2ND FLOOR, 5, SHAM NATH MARG, DELHI-110054

References & details:

  1. For more details regarding documents and other help please visit official website: http://bit.ly/29ZPvam
  2. http://bit.ly/29YNaeP
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