Educational Study Loan Scheme for Unreserved Category Students 2026: Eligibility, Benefits & Apply Online

The Educational Study Loan Scheme is a government-supported financial assistance program designed to help Unreserved Category students pursue higher education in medical and technical fields. This scheme aims to remove financial barriers and support deserving students who wish to build a successful career in professional courses.Educational Study Loan Scheme for Unreserved Category Students 2026: Eligibility, Benefits & Apply Online

The Educational Study Loan Scheme is a government-backed program that supports Unreserved Category students who want to study medical and technical courses. Its main goal is to remove financial obstacles and help talented students continue their higher education and achieve their career goals.
Objective of Educational Study Loan Scheme

• Support economically deserving students from the unreserved category
• Encourage higher education in professional & technical fields
• Provide financial assistance for medical, engineering, and allied courses
• Reduce dropout rates due to financial constraints

Eligibility Criteria for Educational Loan Scheme

To apply for the Educational Study Loan Scheme, students must fulfill the following eligibility conditions:

• Applicant must belong to the Unreserved (General) Category
• Student must have passed Class 12 with minimum 60% marks
• Admission must be secured in a recognized self-financed undergraduate course
• The institution must be located within the state
• The applicant should be an Indian citizen

Eligible Courses Under the Scheme

The education loan will be provided for the following professional and technical courses:

• Medical (MBBS)
• Engineering
• Technology
• Pharmacy
• Architecture
• Ayurveda
• Homeopathy
• Veterinary Science
• Physiotherapy
• Other approved technical and medical undergraduate courses

Loan Amount Details

• Eligible students can avail an education loan up to ₹10,00,000
• Loan amount depends on:
• Course fees
• Duration of the course
• Government norms

Key Benefits of Educational Study Loan Scheme

• High-value education loan up to ₹10 lakh
• Covers professional & technical education
• Helps students study without financial stress
• Encourages career growth in medical & engineering fields
• Government-supported and student-friendly scheme

Documents Required

Applicants may need to submit the following documents:

• Aadhaar Card
• Class 12 Marksheet
• Admission Letter
• Income Certificate
• Caste Certificate (if applicable)
• Passport Size Photograph
• Bank Account Details

How to Apply for Educational Study Loan Scheme?

• Visit the official government portal
• Read the scheme guidelines carefully
• Fill out the online application form
• Upload required documents
• Submit the application
• For detailed guidance, scan the QR code provided by the department

Frequently Asked Questions (FAQ) – Educational Study Loan Scheme

1. What is the Educational Study Loan Scheme?

• The Educational Study Loan Scheme is a government-supported financial assistance program that helps Unreserved Category students pursue higher education in medical and technical fields by providing education loans.

2. Who can apply for this scheme?

• Belong to the Unreserved (General) Category
• Have passed Class 12 with at least 60% marks
• Have secured admission in an approved self-financed professional course
• are eligible to apply.

3. Which courses are covered under this scheme?

The scheme covers self-financed undergraduate courses such as:

• Medical (MBBS)
• Engineering
• Technology
• Pharmacy
• Architecture
• Ayurveda
• Homeopathy
• Veterinary Science
• Physiotherapy

4. What is the maximum loan amount provided?

• Eligible students can receive an education loan of up to ₹10,00,000, depending on course fees and government norms.

5. Is the loan available for postgraduate courses?

• No, this scheme is mainly applicable to self-financed undergraduate professional courses as approved by the government.