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.
National Bank of Pakistan NBP offers student loan scheme to those who cannot afford their higher education. NBP Student loan scheme is for those studying in Undergraduate, Postgraduate, and Ph.D. programs and have obtained a minimum of 70% marks in the previous examination. Students of Public Sector Institutions can apply for National Bank Student Loan Scheme 2022. NBP Loan scheme offers interest-free loans to the students.
Applications will be entertained as per merit and availability of funds. Applications received after the deadline or incomplete applications will not be entertained. The last date to apply for NBP Loan Scheme is July 29, 2022. Students not meeting the basic eligibility criteria are requested not to apply, their applications for loan scheme will not be entertained.
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 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.
APPROVED SUBJECTS
- Engineering
- Electronics
- Oil Gas & Petro-Chemical Technology
- Agriculture
- Medicine
- Physics
- Chemistry
- Biology, Molecular Biology & Genetics
- Mathematics
- Other Natural Sciences
- DAWA and Islamic Jurisprudence (LL.B/LL.M Sharia)
- Computer Science/Information System and Technology including hardware.
- Economics, Statistics, and Econometrics
- Business Management Sciences
- Commerce
Application Forms are available from the designated branches mentioned above or may be downloaded from National Bank of Pakistan website www.nbp.com.pk/studentloan