The Schemes Register Indian government scheme data · and what is missing from it
Last complete collection today ·snapshot 2026-09-02 · 4,771 of 4,772 records · 48/48 pages ·verdict COMPLETE ·2 snapshot(s) held
Route · /scheme/fsl

FSL

Foreign Study Loan
GujaratIndividualState/ UTNo start date
myScheme’s own wording, reproduced in full. Where it is thin, that is the finding, and the completeness checks are below.

What this is

The scheme aims to provide financial assistance to students from non-reserved categories for pursuing higher studies abroad in medical and post-graduation courses. It offers loans up to ₹15,00,000/- at 4% simple interest per annum to eligible students.

In detail

The scheme "Foreign Study Loan" implemented by the Gujarat Unreserved Educational and Economical Development Corporation (GUEEDC), Social Justice and Empowerment Department, Government of Gujarat, provides financial assistance to students from non-reserved categories pursuing higher studies abroad. The scheme provides overseas study loans of up to ₹15,00,000/- for specific courses, including Bachelor of Medicine, Bachelor of Surgery, post-graduation courses (valid even if obtained after diploma), post-graduation diploma, and equivalent courses after Class 12th. To be eligible, the applicant must have scored 60% or more in Class 12 and belong to a family with an annual income of ₹6,00,000/- or less. The loan carries simple interest at the rate of 4% per annum with repayment terms varying based on the loan amount.

Who qualifies

  • The applicant must belong to the non-reserved category.
  • The applicant must be pursuing higher studies abroad.
  • The applicant must be enrolled in Bachelor of Medicine, Bachelor of Surgery, post-graduation courses (valid even if obtained after diploma), post-graduation diploma, or equivalent courses after Class 12th.
  • The applicant must have scored 60% or more in Class 12th.
  • The applicant must belong to a family with an annual income of ₹6,00,000/- or less.

What you get

Loan Amount: Up to ₹15,00,000/- for overseas study.

Interest Rate: Simple interest at 4% per annum.

Repayment Grace Period: 1 year after completion of study before repayment begins.

Flexible Repayment: Borrower can repay the loan before the stipulated time limit.

Repayment Schedule

  • For loans up to ₹5,00,000/-: Equal monthly installments over 5 years.
  • For loans above ₹5,00,000/-: Equal monthly installments over 6 years.
Listed by myScheme
Documentation completeness
5 of 9 checks passed
Checks are about the record,
not about the scheme.
✓
Eligibility published here476 characters
✓
Benefit amount published hereamount or quantity stated
✓
Description more than a name252 characters
✗
Implementing agency published herefield absent from the record
✗
How to apply published hereno URL and no offline mode declared
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Start date published herenot published
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End date published hereno end date recorded, so indefinite by omission
✓
Stored links well-formedall parse
✓
Not expired while still listedno end date
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Provenance

Every field above, and where it came from
schemeNameForeign Study LoanmyScheme · 2026-09-02
schemeOpenDate...not published at source
schemeCloseDate...not published at source
nodalMinistryName...myScheme · 2026-09-02
dbtSchemeFalsemyScheme · 2026-09-02
achievement data...no source publishes this for any central scheme