Pursuant
to the announcement made by the Federal Finance Minister in his
2001-2002-budget speech, a STUDENTS LOAN SCHEME (SLS) for
Education was launched by the Government of Pakistan in collaboration
with major commercial banks of Pakistan (NBP, HBL, UBL, MCB and
ABL). Under the Scheme, financial assistance is provided by way
of Interest Free Loans to the meritorious students who have financial
constraints for pursuing their studies in Scientific, Technical
and Professional education within Pakistan.
The Scheme is being administered by a high powered committee comprising
Deputy Governor, State Bank of Pakistan, Presidents of the commercial
banks and representative of Ministry of Finance, Government of Pakistan.
ADMINISTRATOR
OF THE SCHEME National Bank of Pakistan
ELIGIBILITY:
• Under the scheme the students are eligible to apply for
loans provided:
i) He/She has
obtained admission on merit through normal course/procedure in the
approved Universities/Colleges of the public sector mentioned hereunder.
ii) He/She
falls at the time of admission within the age bracket of:-
| For Graduation |
Not exceeding 21 Years |
| For Post-Graduation |
Not exceeding 31 Years |
| For Ph.D |
Not exceeding 36 Years |
iii) He/She
has secured at least 70% marks in the last public examination.
iv) He/She
has undertaken the study of the subjects given below.
v) He/She is
unable to pursue studies due to financial constraints.
TYPES OF LOAN:
The
loan facility will be available for entire duration of the study
for:-
| Schedule Fee |
|
| Boarding expenses excluding meal charges |
| Procurement of textbooks--- Disbursed directly
to the student |
REPAYMENT OF LOAN:
The maximum
period of repayment of loan is 10-Years from the date of disbursement
of first installment .The borrower shall repay the loan in monthly
installment after one year from the date of first employment or
one year from the date of completion of studies, which ever is earlier.
APPROVED
UNIVERSITIES/INSTITUTIONS OF PUBLIC SECTOR AND DESIGNATED NBP
BRANCHES
Under the Scheme,
loans is available in the following subjects.
| i)
Engineering |
ii)
Electronics |
| iii)
Oil Gas & Petro-Chemical Technology |
iv)
Agriculture |
| v)
Medicine |
vi)
Physics |
| vii)
Chemistry |
viii) Biology, Molecular Biology &
Genetics |
| ix)
Mathematics |
x)
Other Natural Sciences |
| xi)
DAWA and Islamic Jurisprudence (LL.B/LL.M Sharia) |
xii)
Computer Science/Information
System and Technology including hardware. |
| xiii) Economics, Statistics and Econometrics |
xiv)
Business Management Sciences |
| xv)
Commerce |
|
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Top |
IMPORTANT INSTRUCTIONS:
Application
Form will not be entertained if the same is not properly & duly
filled in and found missing therewith the following documents.
i)
Three Photographs of Student attested by not below the rank of BPS-17.
ii)
Attested photocopies of Fee Challan raised/demanded by the Educational
Institution and Boarding expenses (excluding meal charges).
a)
Income certificate from the employer i.e. Government/semi Government/
Private service
b) Income Certificate from the area counselor of the Union Counsel
i.e. for self employed
iii)
Attested photocopies of: -
a)
Domicile
b) Computerized N.I. Card.
iv)
Attested photocopies of all educational certificates
a)
Secondary School Certificate
b) Higher Secondary Certificate
c) Degree(s)
d) Marks Sheet/Transcript (Last Examination)
v)
A certificate (in original) from the Vice Chancellor/ Principal/Registrar
of the concerned University Letter Head confirming date of admission
and completion date of study. vi) Four un-stamped self-addressed
envelope (5 X 11).
OTHER INFORMATION:
- Application Forms are available from the designated
branches mentioned above or may be downloaded from National Bank
of Pakistan website www.nbp.com.pk/studentloan
- The students desirous
of availing loan under the Scheme may apply on prescribed form
for financial assistance subject to he or she has got admission
on merit through normal procedure in the Universities/ Colleges
afore-mentioned.
- Applicants are required
to submit their applications on the prescribed form, duly completed
in all respect, to the designated branches indicated against each
University/College by the given date.
- Application shall
be considered on merit according to the availability of funds.
Any application which is not made on the prescribed form or is
un-signed or does not contain the required particulars and documents
or reaches late will not be entertained.
- Students who have
availed this facility in the last / previous year(s) need not
to apply.
| ONLY
SUCH APPLICATION RECEIVED BY THE DESIGNATED BRANCHES ON
OR BEFORE 27TH FEBRUARY 2010 SHALL BE ENTERTEINED. LOAN
FACILITY IS SUBJECT TO AVAILABILIBITY OF FUNDS |
Mr. Shamim Iqbal, Vice President,
Students Loan Wing,
Credit Management Group
National Bank of Pakistan,
Head Office, Karachi
Telephone No. 021-99213026 and 99212100- Ext.2637.
Fax. 021-99213021
Email nbpstudentloan@nbp.com.pk
|
