College loan in Pakistan for students of various fields 2012
Pursuant to the announcement made by the Federal Finance Minister in his 2001-2002-budget speech, a STUDENTS LOAN SCHEME (SLS) for Education was launched by the Government of Pakistan in collaboration with major commercial banks of Pakistan (NBP, HBL, UBL, MCB and ABL). Under the Scheme, financial assistance is provided by way of Interest Free Loans to the meritorious students who have financial constraints for pursuing their studies in Scientific, Technical and Professional education within Pakistan.
Eligibility of Students
Under the scheme the students are eligible to apply for loans provided
He/She has obtained admission on merit through normal course/procedure in the approved Universities/Colleges of the public sector mentioned hereunder.
He/She falls at the time of admission within the age bracket of :
For Graduation Not exceeding 21 Years
For Post-Graduation Not exceeding 31 Years
For Ph.D Not exceeding 36 Years
He/She has secured 70% marks in the last public examination.
He/She has undertaken the study of the subjects given below.
He/She is unable to pursue studies due to financial constraints
Interest Free Loan for Students in Pakistan
National Bank of Pakistan in collaboration with four other major commercial banks in Pakistan is offering interest free loans for students. These interest free loans are aimed at helping students who need financial assistance to continue their education.
Loans are provided to students enrolled in the disciplines of scientific, technical or professional education within Pakistan at graduation, post-graduation or PhD level.
The loan amount will cover educational fee, boarding charges and textbook expenses, but will not cover meals.
Student will be required to repay the loan amount in a maximum of ten years starting for the date of loan disbursement. First loan installment will start one year after completion of education for which the loan was obtained or one year after getting first job, whichever comes earlier.
Student should already have secured admission in any of 71 approved colleges or universities (PDF, 93KB) in Sindh, Punjab, NWFP, Balochistan, Islamabad, Azad Kashmir and Northern Areas.
It is is required the student should have received 70% or more marks in last public examination. There is also age restriction for applying for this interest free educational loan program.
List of approved subjects for study is:
Engineering
Electronics
Oil Gas & Petro-Chemical Technology
Agriculture
Medicine
Physics
Chemistry
Biology, Molecular Biology & Genetics
Mathematics
Other Natural Sciences
DAWA and Islamic Jurisprudence (LL.B/LL.M Sharia)
Computer Science/Information, System and Technology including hardware.
Economics, Statistics and Econometrics
Business Management Sciences
Commerce
Application forms for this interest free student loan could be obtained from designated branches (PDF, 93KB) of National Bank of Pakistan (NBP), Habib Bank Ltd. (HBL), United Bank Ltd. (UBL), MCB Bank Ltd. (MCB) and Allied Bank Ltd. (ABL). Further details about this scheme could be found on the National Bank of Pakistan’s webpage for student loan.
Eligibility of Students
Under the scheme the students are eligible to apply for loans provided
He/She has obtained admission on merit through normal course/procedure in the approved Universities/Colleges of the public sector mentioned hereunder.
He/She falls at the time of admission within the age bracket of :
For Graduation Not exceeding 21 Years
For Post-Graduation Not exceeding 31 Years
For Ph.D Not exceeding 36 Years
He/She has secured 70% marks in the last public examination.
He/She has undertaken the study of the subjects given below.
He/She is unable to pursue studies due to financial constraints
Interest Free Loan for Students in Pakistan
National Bank of Pakistan in collaboration with four other major commercial banks in Pakistan is offering interest free loans for students. These interest free loans are aimed at helping students who need financial assistance to continue their education.
Loans are provided to students enrolled in the disciplines of scientific, technical or professional education within Pakistan at graduation, post-graduation or PhD level.
The loan amount will cover educational fee, boarding charges and textbook expenses, but will not cover meals.
Student will be required to repay the loan amount in a maximum of ten years starting for the date of loan disbursement. First loan installment will start one year after completion of education for which the loan was obtained or one year after getting first job, whichever comes earlier.
Student should already have secured admission in any of 71 approved colleges or universities (PDF, 93KB) in Sindh, Punjab, NWFP, Balochistan, Islamabad, Azad Kashmir and Northern Areas.
It is is required the student should have received 70% or more marks in last public examination. There is also age restriction for applying for this interest free educational loan program.
List of approved subjects for study is:
Engineering
Electronics
Oil Gas & Petro-Chemical Technology
Agriculture
Medicine
Physics
Chemistry
Biology, Molecular Biology & Genetics
Mathematics
Other Natural Sciences
DAWA and Islamic Jurisprudence (LL.B/LL.M Sharia)
Computer Science/Information, System and Technology including hardware.
Economics, Statistics and Econometrics
Business Management Sciences
Commerce
Application forms for this interest free student loan could be obtained from designated branches (PDF, 93KB) of National Bank of Pakistan (NBP), Habib Bank Ltd. (HBL), United Bank Ltd. (UBL), MCB Bank Ltd. (MCB) and Allied Bank Ltd. (ABL). Further details about this scheme could be found on the National Bank of Pakistan’s webpage for student loan.
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