Student Credit Card Scheme: ₹4 Lakh Education Loan to Continue
The Bihar government has clarified that the ₹4 lakh education loan facility will continue under the Student Credit Card Scheme.
The clarification comes after reports created confusion over whether the maximum loan amount could be reduced.
Chief Minister Samrat Choudhary said eligible students will continue receiving financial support for higher education.
The loan can help cover tuition fees, books, study materials and other approved education expenses.
Depending on the applicable rules, certain living and accommodation expenses may also be covered.
The Education Department has said that reports about reducing the scheme's scope are unfounded.
Students may also explore other education financing options through banks, state institutions and government-supported schemes.
The PM Vidyalaxmi initiative is another possible financing route for eligible higher-education students.
Eligibility can depend on factors such as residency, age, course, institution and other scheme conditions.
Before applying, students should verify the latest eligibility rules, documents, loan terms and approved expenses through official sources.
Relief for students: The ₹4 lakh facility continues, helping eligible Bihar students pursue higher education without immediate financial constraints.
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