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MHRD to launch ‘Vidyalakshmi’ scheme to assist IIT students in getting loans

Jul 14, 2016 15:48 IST

    Prospective IIT students, here’s the reason to cherish! Ministry of HRD is planning to assist IIT students in getting loans under the ‘Vidyalakshmi’ scheme.

    Taking the concerns and feedback of students into consideration the Ministry of Human Resource Development has decided to help students in procuring loans for paying the fees. The Ministry has decided to launch ‘Vidyalakshmi’ scheme to provide interest free loans to the students.

    The fee hike for IITs has proved to be difficult for the students in paying the fees. The admission process has begun and the announcement made by the MHRD is sure to bring relief to the prospective students.

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