**Financial Assistance:** A loan of the total tuition fee of the entire course or ₹15,00,000/-, whichever is less, will be provided by the Corporation at a simple interest of 4%.
**Collateral:**
For loans of total loan amount of ₹7,50,000/- or less for the entire course, a charge of one and a half times the loan amount will have to be registered on the beneficiary's own property or that of a relative.
If the total loan amount for the entire course is more than ₹7,50,000/-, the immovable property of oneself or any other relative equal to that total amount will have to be mortgaged in favor of the Corporation.
**Loan repayment:**
In case of total loan up to ₹5,00,000/-, it will have to be repaid in equal monthly installments over 5 (five) years, 1 year after completion of studies.
In case of loan exceeding ₹5,00,000/-, it will have to be repaid in equal monthly installments over 6 (six) years, starting 1 year after completion of studies.
The money from the loan being repaid will continue to be deposited as interest first.
The borrower can repay the loan even before the specified time limit.
Eligibility (who can apply)
The applicant must belong to a unreserved category.
The applicant must have scored 60% or more in Standard 12.
The applicant must have secured admission to an MBBS, graduation, post-graduation, or equivalent diploma course abroad.
The applicant’s family's annual income must be ₹6,00,000/- or less.
How to Apply
**Online**
> **Registration Process:**
**Step 1:** Go to the Corporation's [official website](https://esamajkalyan.gujarat.gov.in/) and navigate to the "Gujarat Unreserved Education and Economical Development Corporation" section under Corporation menu.
**Step 2:**Click on "Foreign Education Scheme" and then Apply Now.
**Step 3:** Click on "New User? Please Register Here".
**Step 4:** Enter the required details and click Register.
> **Application Process:**
**Step 1:** Enter your User ID, Password, and Captcha Code, then click "Login".
Frequently Asked Questions
Who is eligible for Foreign Education Scheme / what is the eligibility?
1. The applicant must belong to a unreserved category.
1. The applicant must have scored 60% or more in Standard 12.
1. The applicant must have secured admission to an MBBS, graduation, post-graduation, or equivalent diploma course abroad.
1. The applicant’s family's annual income must...
What are the benefits of Foreign Education Scheme?
**Financial Assistance:** A loan of the total tuition fee of the entire course or ₹15,00,000/-, whichever is less, will be provided by the Corporation at a simple interest of 4%.
**Collateral:**
- For loans of total loan amount of ₹7,50,000/- or less for the entire course, a charge o...
How to apply online for Foreign Education Scheme?
**Online**
> **Registration Process:**
**Step 1:** Go to the Corporation's [official website](https://esamajkalyan.gujarat.gov.in/) and navigate to the "Gujarat Unreserved Education and Economical Development Corporation" section under Corporation menu.
**Step 2:**Click on &...