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Wednesday, 06 December 2017 - 15:20
Rs. 1mn concessionary loan for students to follow degree courses
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The Cabinet has approved a proposal to grant concessionary loans for students who have passed GCE Advance Level to follow degree courses.
 
The proposal has been submitted as per a budget proposal of 2017.
 
The loan amount will be up to Rs. 1.1 million and another Rs. 75,000 will be added per year for other expenses.
 
03-year degree –Rs. 1,025,000 /-
04-year degree –Rs. 1,100,000 /-
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