How Bihar Student Credit Card Scheme Can Help Aspirants Pursue BEd and BTech Without Loan

Students from Bihar, who are looking forward to becoming technicians, now no longer have to take education loans to pay their fees for industrial training institutes. Similar provisions have been made for the candidates who want to become teachers by pursuing a Bachelor of Education course. The candidates who will commence their studies in the new academic session of 2024-2025 can avail the benefit of Bihar Student Credit Card scheme. This decision was taken following the departmental review that took place in August 2023. The Student Credit Card Scheme will prove to be a big boost for the education of students from poor families. This scheme will also help students who want to opt for their higher studies by pursuing BTech and BEd courses. Bihar Student Credit Card Program is a state-funded scheme for students in Bihar that helps financially disadvantaged students to continue their higher education after class 12.

Funds to be allocated under the student credit card program:

Financial assistance of Rs 2.90 lakh will be provided to the students pursuing their BEd course. Maximum assistance of Rs 2 lakh will be given to candidates who complete their BTech course from ITI. According to some reports, a contradictory fact has surfaced on social media regarding the assistance provided to students pursuing their bachelor’s degrees. It was reportedly circulated that students can get financial assistance up to Rs 4 lakh for this course using the student credit card scheme.

However, these reports are not true. Ajay Kumar, an official in charge of the finance department of the District Registration cum Counseling Centre, Begusarai, spoke on the issue. He told Local 18 Bihar that if students want to get financial assistance for studying BEd, the maximum assistance will be only Rs 2 lakh 90,000. On the other hand, the students trying to secure their admission in ITI will be helped only with Rs 2 lakh. The financial aid amount is provided to the student twice during his two-year courses. There is an option for students seeking assistance in ITI studies if they get registered with the Planning and Development Department. They can then be enrolled in the institutes registered with the Labor Resources Department for ITI training.

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    first print: Apr 27, 2024 3:39 PM IST