| 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.
The
Scheme is being administered by a high powered committee
comprising Deputy Governor, State Bank of Pakistan,
Presidents of the commercial banks and representative
of Ministry of Finance, Government of Pakistan.
ADMINISTRATOR
OF THE SCHEME: National Bank of Pakistan
ELIGIBILITY
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.
TYPES
OF LOAN
The
loan facility will be available for entire duration
of the study for:-
|
Schedule Fee |
|
| Boarding
expenses excluding meal charges |
| Procurement
of textbooks --- Disbursed directly to the student |
REPAYMENT
The
maximum period of repayment of loan is 10-Years from
the date of disbursement of first installment. The
borrower shall repay the loan in monthly installment
after six months from the date of completion of studies.
APPROVED
UNIVERSITIES/COLLEGES
APPROVED
SUBJECTS
|
i) Engineering |
ii) Electronics |
|
iii) Oil Gas & Petro-Chemical Technology |
iv) Agriculture |
|
v) Medicine |
vi) Physics |
|
vii) Chemistry |
viii) Biology, Molecular Biology & Genetics |
|
ix) Mathematics |
x) Other Natural Sciences |
|
xi) DAWA and Islamic Jurisprudence (LL.B/LL.M
Sharia) |
xii) Computer Science/Information
System and Technology including hardware. |
|
xiii) Economics, Statistics and Econometrics |
xiv) Business Management Sciences |
|
xv) Commerce |
|
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Top |
OTHER
INFORMATION
-
-
The
students desirous of availing loan under the Scheme
may apply on prescribed form for financial assistance
subject to he or she has got admission on merit
through normal procedure in the Universities/
Colleges afore-mentioned.
-
Applicants
are required to submit/send their applications
on the prescribed form, duly completed in all
respect, to the designated branches indicated
against each University/College
by the given date. Incomplete application shall
not be entertained.
-
Students
who have availed this facility in the last / previous
year(s) need not to apply.
| ONLY
SUCH APPLICATION RECEIVED BY THE DESIGNATED
BRANCHES ON OR BEFORE 28TH
FEBRUARY 2009 SHALL BE ENTERTAINED.
LOAN FACILITY IS SUBJECT TO AVAILABILITY OF
FUNDS. |
|
