New Akanksha Scheme (Educational Loan) is an educational loan scheme implemented by the Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC). The scheme is operated under the Social Justice and Empowerment Department of the Government of Gujarat.
The main aim of the scheme is to help students from Nomadic Tribes and Denotified Tribes pursue higher education without facing financial difficulties. Under this scheme, eligible students can receive an educational loan for professional and technical courses at graduate and postgraduate levels.
The loan can be used to cover various educational expenses such as tuition fees, admission fees, books, hostel charges, food expenses, examination fees, and insurance premiums. In this article, we will provide all the detailed information about this scheme.
New Akanksha Scheme: Overview of the Scheme
| Name of the Scheme Name | New Akanksha Scheme (Educational Loan) |
| Implementing Agency | Gujarat Nomadic and Denotified Tribes Development Corporation (GNDTDC) |
| Department | Social Justice and Empowerment Department, Government of Gujarat |
| Beneficiaries | Students belonging to Nomadic Tribes and Denotified Tribes |
| Main Aim | Educational loan for higher professional and technical education |
| Maximum Loan Amount | Up to ₹10,00,000 |
| Interest Rate for Male Students | 4% per annum |
| Interest Rate for Female Students | 3.5% per annum |
| Application Mode | Online Mode |
| Repayment Period | 60 monthly installments including interest |
| Eligible Education Level | Graduate and Postgraduate Professional Courses |
| State | Gujarat |
Objectives of the Scheme
🔹 Provide financial assistance for higher education.
🔹 Encourage students from Nomadic and Denotified Tribes to pursue professional courses.
🔹 Support students who cannot afford expensive educational expenses.
🔹 Improve educational opportunities for economically weaker families.
🔹 Promote technical and professional education among tribal communities.
🔹 Help deserving students complete their studies without financial burden.
Benefits Under the Scheme
Eligible students can receive financial assistance through an educational loan.
Loan Benefits
✅ Maximum educational loan up to ₹10,00,000.
✅ Financial support for graduate and postgraduate professional education.
✅ Lower interest rate for female students.
Expenses Covered Under the Loan
The loan amount may include:
✔ Admission fees
✔ Tuition fees
✔ Examination fees
✔ Cost of books
✔ Cost of uniforms
✔ Essential study materials
✔ Accommodation expenses
✔ Food expenses
✔ Insurance policy premium
Interest Rate
| Category | Interest Rate |
|---|---|
| Male Students | 4% per annum |
| Female Students | 3.5% per annum |
Contribution Pattern
The loan is funded through the following contribution structure:
✔ 90% contribution from the Central Corporation.
✔ 5% contribution from the State Government.
✔ 5% contribution from the beneficiary.
Eligibility Criteria
Applicants must satisfy all eligibility conditions before applying.
✅ The applicant should be a resident of Gujarat State.
✅ The applicant should belong to a Nomadic Tribe or Denotified Tribe.
✅ The annual family income should not exceed ₹3,00,000.
✅ The applicant should be pursuing an approved professional or technical course.
Eligible Courses
Students pursuing the following courses can apply:
✔ MBA or equivalent AICTE-approved course.
✔ MCA (Master of Computer Applications) or equivalent AICTE-approved course.
✔ Graduate-level engineering courses approved by IIT, AICTE, or other approved authorities.
✔ Approved professional graduate-level courses.
✔ Graduate-level medical courses from colleges recognised by the Medical Council of India.
✔ Diploma courses in Nursing.
Exclusion Under the Scheme
Students who obtain admission through the management quota are not eligible for the loan.
Applicants should ensure that their admission is obtained through the prescribed admission process before applying.
Selection Procedure
🔹 The applicant submits the online application form.
🔹 All personal, educational, income, and course details are entered.
🔹 Supporting documents are uploaded or submitted as required.
🔹 The details provided by the applicant are verified by the concerned authorities.
🔹 Course accreditation and admission details are examined.
🔹 Income eligibility and community status are checked.
🔹 Eligible applications are processed for loan approval.
🔹 Approved applicants receive the educational loan according to scheme rules.
The final approval depends on the successful verification of all information provided in the application.
Application Process
The application process is completely online.
Visit the Official Portal
✔ Visit the official website of Gujarat Nomadic and Denotified Tribes Development Corporation.
✔ Find the “Educational Loan (New Akanksha Yojana)” section.
✔ Click on “Apply Now”.
Fill the Application Form
Applicants must enter:
✔ Personal details
✔ Aadhaar number
✔ Address details
✔ Family income information
✔ Educational qualification details
✔ Course and college details
✔ Admission information
✔ Accreditation details
✔ Hostel details (if applicable)
✔ Fee details
✔ Asset information
✔ Employment details of family members (if applicable)
✔ Bank account details
Review and Submit
✔ Carefully review all information.
✔ Use the preview option.
✔ Complete the CAPTCHA.
✔ Click on Submit the form.
Application Tracking
After submission:-
✔ An Application ID or Reference Number is generated.
✔ Save or print the acknowledgement.
✔ Applicants can check application status through the official portal by entering:
- Scheme Name
- Application Number
- Birth Date
- CAPTCHA Code
Documents Required
Applicants should keep the following documents ready:
Identity and Residence Documents
✔ Aadhaar Number
✔ Ration Number
✔ Voter ID Number
Income Documents
✔ Income Certificate
Educational Documents
✔ SSC Certificate
✔ HSC Certificate
✔ Diploma Certificate (if applicable)
✔ Degree Certificate (if applicable)
✔ Graduation Documents
Course and Institution Documents
✔ University Information
✔ Accreditation Proof
✔ Admission Details
Hostel Documents
✔ Hostel Details (if applicable)
Fee Details
✔ Admission Fee Details
✔ Tuition Fee Details
✔ Examination Fee Details
✔ Hostel Fee Details
✔ Books and Stationery Cost Details
✔ Other Fee Details
Important Links
| Official Website | Click Here |
| Guidelines LinK | Click Here |
Banking Documents
✔ Bank Account Details
Unique Highlights
⭐ Educational loan up to ₹10 lakh.
⭐ Support for professional and technical education.
⭐ Lower interest rate for female students.
⭐ Coverage of multiple educational expenses.
⭐ Online application facility.
⭐ Support for Nomadic and Denotified Tribe students.
⭐ Special focus on low-income families.
⭐ Easy tracking of application status in online mode.
Frequently Asked Questions (FAQs)
What is the objective of the scheme?
- The scheme aims to provide educational loans for higher professional and technical education to eligible students from Nomadic and Denotified Tribes.
Who are the beneficiaries?
- Students belonging to Nomadic Tribes and Denotified Tribes of Gujarat.
What expenses are covered under the loan?
- Admission fees, tuition fees, examination fees, books, uniforms, study materials, accommodation, food expenses, and insurance premiums.
What is the maximum loan amount available?
- Eligible students can receive a loan of up to ₹10,00,000.
Conclusion
The New Akanksha Scheme (Educational Loan) is an important educational support program for students belonging to Nomadic and Denotified Tribes in Gujarat. The scheme provides educational loans of up to ₹10 lakh to help students pursue professional and technical courses. With affordable interest rates, coverage of major educational expenses, and an online application system, the scheme helps deserving students continue higher education and build a better future.
