Student Loan Scheme National Bank of Pakistan

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 Paid directly to the

University/College

Boarding expenses excluding meal charges

Procurement of textbooks--- Disbursed directly to the student

for more details visit http://www.nbp.com.pk/studentloan/