Amendment status not verified — confirm the current text below against the official source.
( 1 ) The State Government, may prepare a scheme for credit guarantee for educational loans taken by students studying in the University so as to ensure that such loans from banks are easily available to students for pursuing a programme of study in the University. A corpus must be established by the State Government for the same. ( 2 ) Every student admitted to the University shall be eligible to receive educational loan, in accordance with the scheme referred to in sub-section ( 1 ), for pursuing a programme of study at the University.