Student Loan Scheme Programme 2018 – Ministry of Higher Education and Highways

INTEREST FREE LOAN SCHEME TO PURSUE HIGHER STUDIES UNDER THE IMPLEMENTATION OF BUDGET PROPOSALS- 2017

Having got through the Advanced Level examination, are YOU
already to pursue higher studies further?

Within the Budget Proposals -2017, the Government has decided to implement an Interest
Free Loan Scheme for the students who have a particular interest and dedication to pursue
higher studies, further.

An opportunity has been created for the students who have obtained minimum qualifications for
university entrance at the G.C.E A/L examination held in the year 2015 (obtained 3 passes in A/L
examination), yet did not get a chance for entering into a State University, to follow a degree
course at Non-State Degree Awarding Institutes accredited by the Ministry of Higher Education &
Highways.

Action will be taken to provide an easy procedure to repay this loan, which is granted to follow
degree courses designed for local & international job market opportunities, through relevant
banks.

Since it is planned to publish more details with regard to the implementation of this loan scheme
on the Ministry of Higher Education Web Site in the near future, visit the said web site to obtain
relevant information.

The relevant application form and the set of instructions can be obtained through the Ministry of
Higher Education & Highways Web Site (www.mohe.gov.lk ) in the future.

 

The Budget Proposal 2017 suggested to provide opportunities to students who are qualified in G.C.E. (A/L) but miss out University entrance Therefore, according to the Budget Proposal of 2017 under the student loan scheme a maximum loan amount Rs.800,000.00 for the entire course of study, (+ 75,000.00 for other expenses) per student will be provided for those who wish pursue a selected Degree program offered by ministry of Higher Education approved Non-State Higher Education Institutes.

Eligibility

Eligibility for selection

Minimum qualification for admission

Students who sat for G.C.E. (A/L) in 2016 are considered as eligible under this scheme. The details shall be confirmed by the commissioner general of Examinations. Students should have obtained;

(i) At least ‘S’ grades in all three approved subjects in one and the same sitting, within a maximum of three attempts and

(ii) A minimum 30 marks for the Common General Paper in any attempt described in above (i) or re-sit for the Common General paper in 2017 obeying to the condition of the maximum three attempts

Ineligibility for selection

Applicants who belong to one or more categories mentioned below do not qualify for this program.

(i) An applicant who has fulfilled the minimum qualification only at the fourth or higher attempt of the G.C.E. (A/L) examination in year 2016.

(ii) An applicant who has been already selected for free education as an internal student to follow a first degree at a State University governed by the University grants commission under theUniversity Act No. 16 of 1978 based on the examination results considered for the program. i.e.G.C.E. (A/L) examination held in 2016.

(iii) As applicant who has been already selected for free education as an internal student to follow a first degree in a State higher educational institute established under any other Acts of Parliament of Sri lanka based on the examination results considered for this program. i.e. G.C.E. (A/L) examination held in 2016.

(iv) An applicant who has been already selected for the education as an internal student in a College of Education under the Ministry of Education.

(v) An applicant who has been already selected for full time course of study of three-year duration or more at Institute of Sri Lanka Advanced Technological Education (SLIATE) or Institute of Engineering Technology (IET) of the National Apprentice and Industrial Training Authority (NAITA)

(vi) An applicant who is/was registered as an internal student to follow a first-degree course in a state university or higher education institute mentioned in above ‘ii’, ’iii’ and ‘iv’ or follow a three or more year courses at any institute mention in above ‘v’.

(vii) An applicant who is/was selected/registered for any other degree program financed fully or partly by public funds.

(viii) An applicant who has been already selected/registered to follow a first degree under any foreign scholarship program conducted by the Ministry of Higher Education

(ix) An applicant who is already employed.

Selection of Students and Institute

Conditions for selection

(i) The students who fulfill the minimum requirement stated will be considered.

(ii) Their selection will be based on the all island rank measured by the Z score.

(iii) Each student will be given any number of preferences for Degree programs and institutes to apply, based on their personal interest.

(iv) The highest priority will be given to the first preference of the program of the applicant.

(v) The selection of the institute will be based on the preference of the student and the capacity of the institutes.

Instructions on Online Application System

Online Application System

The online system which will be launched with effect from 20.02.2018 under www.studentloans.mohe.gov.lk should be used to submit the application by qualified applicants. Candidates will be provided facilities at following centres to submit their application online. Students need do pay a fee of processing for the usage of such,
(i) National Online Distance Education System (NODES) Access centres-NACs located at regional premises of the Open University of Sri Lanka (OUSL)

(ii) Provincial and Zonal ICT Centres under Ministry of Education

(iii) Nenasala Centres under Information & Communication Technology Agency (ICTA)

Further Information for online application system.

(i) Further information could be obtained from the Government Information centre (1919). Students should submit applications on or before the specified closing date. The deadline for application is 13th March 2018

Documents to be Submitted

School Candidates

All School candidates must submit the following documents during registration in order to complete the process.

(i) Hard copy of the submitted application with applicant’s signature and

(ii) Duly filled “Principal’s certificate” (available to download under “print” tab) with the certification of principal/ a teacher authorized by the principal and

(iii) Certified Copy of National Identify card (NIC)or passport, (principal/a teacher authorized by the Principal)

(iv) Certified Copy of G.C.E. O/L Certificate.(Principal/ a teacher authorized by the Principal)

(v) Original School Leaving Certificate.

Private Candidates

All private candidates must submit the following documents during registration in order to complete the process.

(i) Hard copy of the submitted application with applicant’s signature and

(ii) Duly filled “Attestation” Certified by Justice of Peace / Commissioner for Oaths with signature, Date and the official frank and

(iii) Certified Copy of National Identify Card (NIC) or Passport. (Justice of Peace/ Commissioner for Oaths)

(iv) Certified Copy of G.C.E. O/L Certificate.(Justice of Peace/ Commissioner for Oaths) (v) Original School Leaving Certificate.

 

More Details And Apply Via  Online – Click Here

Source – Silumina 2018.02.17 and mohe.gov.lk

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