Meghalaya Any Business Venture Scheme 2026
This scheme offers educational loans up to ₹10 lakh to students from Nomadic and Denotified Tribes communities Read More... in Gujarat, helping them pursue graduate and postgraduate professional and technical education. Read less
Details
The Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC) has introduced the New Akanksha Scheme, a crucial initiative under the Social Justice and Empowerment Department of the Gujarat Government. This scheme aims to support students from specific communities by providing them with educational loans.
What Is This Scheme?
The New Akanksha Scheme is designed to make higher education more accessible for students belonging to Nomadic and Denotified Tribes. It provides financial assistance in the form of educational loans to help cover the costs associated with pursuing professional and technical courses at both graduate and postgraduate levels.
Who Can Benefit From This Scheme?
This scheme is specifically for students who are residents of Gujarat and belong to the Nomadic Tribe or Denotified Tribe communities. A key criterion is that the applicant's family's annual income should not exceed ₹3,00,000/-.
Why This Scheme Is Important
Access to quality higher education can be a challenge for many, especially for students from communities that have historically faced disadvantages. The New Akanksha Scheme addresses this by providing a financial safety net, allowing eligible students to pursue their educational aspirations without the immediate burden of high upfront costs. This empowers them to gain valuable skills and contribute more effectively to society.
Objective
Benefits
Sources and references
Eligibility Criteria
- You must be a permanent resident of Gujarat.
- You should belong to a Nomadic Tribe or Denotified Tribe community.
- Your family's annual income must not be more than ₹3,00,000/-.
- Eligible Courses: You must be pursuing one of the following courses:
- MBA or equivalent (AICTE-approved)
- MCA (Master of Computer Applications) or equivalent (AICTE-approved)
- Graduate-level engineering courses approved by IIT/AICTE or other approved professional graduate courses
- Graduate-level medical courses from colleges recognised by the Medical Council of India
- Diploma courses in Nursing
Important Note: At least 50% of the total loan amount is reserved for families with an annual income of up to ₹1,50,000/-.
How To Apply
To apply for the New Akanksha Scheme, you typically need to submit an application to the Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC). While the specific online portal or offline submission details should be confirmed through official channels, the process generally involves filling out the prescribed application form and attaching all required documents. For the most accurate and up-to-date application procedure, please refer to the official website of GNDTDC or contact their office.
Documents Required
To apply for the New Akanksha Scheme, you will need to prepare the following documents:
- Aadhaar Card
- Ration Card
- Voter ID Card
- Income Certificate
- Educational Qualification Certificates: SSC, HSC, Diploma, Degree, Graduation certificates
- University Information proof
- Accreditation Proof for the course/institution
- Hostel Admission Details (if applicable)
- Admission Fee breakdown for the entire course
- Tuition Fee details
- Examination Fee details
- Hostel Fee details (Boarding and Food Expenses for the entire course)
- Estimated costs for books, stationery, and other necessary materials
- Details of any other applicable fees
- Bank Account Details (Passbook copy or cancelled cheque)
FAQ’s
Can you tell me more about the repayment period for this loan?
Certainly! You'll need to repay this educational loan in 60 equal monthly installments. This repayment period includes the interest. The repayment process begins within 6 months of finishing your course or getting a job, whichever happens earlier.
What kind of educational courses are eligible under this scheme?
The scheme covers a range of higher education courses. This includes MBA or its equivalent (approved by AICTE), MCA or its equivalent (approved by AICTE), graduate-level engineering or other professional courses approved by IIT/AICTE, graduate-level medical courses from colleges recognized by the Medical Council of India, and Diploma courses in Nursing.
What is the main goal behind this New Akanksha Scheme?
The primary objective of the New Akanksha Scheme is to provide financial support through educational loans to students pursuing higher professional and technical education. This helps them achieve their academic goals at both graduate and postgraduate levels.
Who is this scheme meant for?
This scheme is specifically designed for students who belong to nomadic or denotified castes. It aims to help these students access higher education opportunities.
What if my family's income is a bit higher, say ₹1,60,000 annually?
The scheme has a special provision: at least 50% of the total loan amount is specifically allocated for families whose annual income is up to ₹1,50,000/-. This ensures support for those with lower incomes.
What expenses are covered by the loan amount?
The loan amount is quite comprehensive. It covers your admission and tuition fees, expenses for books, uniforms, essential study materials, and examination fees. It also includes costs for accommodation and food, as well as any applicable insurance policy premiums.
Could you explain the interest rates for this loan?
The interest rates are set at 4% per annum for male students and a slightly lower 3.5% per annum for female students. This makes the loan more affordable.
What are the income requirements for my family?
To be eligible for this scheme, your family's annual income should not exceed ₹3,00,000/-.
What specific details about my education history do I need to provide?
You'll need to provide details for your SSC, HSC, Diploma, Graduation, and Post Graduation. For each of these, please include the Board/University name, your main subject, academic year, the percentage you scored, and the attempt number.
What is the contribution breakdown for this scheme?
The financial contribution for this scheme is structured as follows: 90% comes from the Central Corporation, 5% from the State Government, and the remaining 5% is contributed by the beneficiary.
What university and course information will I need to share?
You should be ready to provide the name of the college you've been admitted to, the university it's affiliated with, the name of the course, its duration, your admission date, and the specific year or semester for which you are seeking the loan.
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