English | Dzongkha Wednesday, June 26, 2019

150 Million reserved as Education Loan

Jul 29, 2014

InterestFreeEduLoanThe government has set aside about Nu. 150mn, identified under the economic stimulus plan’s special support scheme as education loan. The interest free loan was approved by the Cabinet last week.

It comes amidst concerns for many high school graduates who have disqualified to study in government colleges in the country.

Last year, close to 10,000 students sat for the Class 12 examination of which about 8,400 students were declared pass.

From the total of 8,357 passed students, the Royal University of Bhutan have been able to take in only 3,864 students in the different institutes and colleges.

However, the Education loan is not for everyone. The government’s plan is to grant it to about one 100 to 150 students, preferably those from economically disadvantaged backgrounds.

The Ministry will assess the applicants by monitoring the background of the applicants through a committee with representatives from relevant organisations.

The debtors are to repay the interest-free loan in 15 years after a relaxation period of 2 years.

Those willing to avail the loan may log in the ministry’s website at www.education.gov.bt

3 Comments for “150 Million reserved as Education Loan”

  1. nopkin

    Most of the loan will go to those who already have money and background, just like how one of the cabinet secretaries sent his son from MOH to Thailand for higher study. This is another opportunity towards corruption.

  2. peldendrukpa

    The idea of providing education loan with nil interest is very positive one. Now the financially disadvantaged students will be able to pursue their studies further. Hopefully there will be no favoritism, cronyism and nepotism while selecting the students to make them avail such a invaluable opportunity la.


    This new policy of allowing students to avail free education loan with nil interest is a boon to financially disadvantaged ones. But i am afraid whether the selection of right student will take place or not.Hopefully, no practices of favoritism, cronyism and nepotism will occur during selection la.

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