Jagananna Videshi Vidya Deevena 2023: Apply Online, Eligibility, Status

Jagananna Videshi Vidya Deevena is a scheme introduced by the Andhra Pradesh state government in India to provide financial assistance to the students from the economically weaker sections to pursue their higher education abroad. The scheme was launched on 28th September 2019, by the Chief Minister of Andhra Pradesh, YS Jagan Mohan Reddy. Under this scheme, eligible students can receive financial assistance up to INR 20 lakh to cover their tuition fees, living expenses, and other related expenses during their study abroad.

In this article, we will discuss the key features of the Jagananna Videshi Vidya Deevena scheme, its eligibility criteria, application process, and the benefits it offers to the students.

Eligibility Criteria:

To be eligible for the Jagananna Videshi Vidya Deevena scheme, a student must meet the following criteria:

• The student must be a resident of Andhra Pradesh.
• The student’s family income must be less than INR 2.5 lakh per annum.
• The student must have secured admission to a recognized foreign university or institution for a Masters or Ph.D. program.
• The student must have a valid passport.
• The student must have completed their undergraduate or postgraduate program from a recognized institution.
• The student must not have received any other scholarship or financial assistance for the same program.
• The student must have a good academic record and must have scored at least 60% marks in their undergraduate or postgraduate program.

Key Features of the Scheme:

• Financial Assistance: Under the Jagananna Videshi Vidya Deevena scheme, eligible students can receive financial assistance up to INR 20 lakh to cover their tuition fees, living expenses, and other related expenses during their study abroad.
• Interest-Free Loan: The financial assistance provided under this scheme is in the form of an interest-free loan, which means that the students do not have to pay any interest on the loan amount.
• Repayment: The loan amount has to be repaid by the students after they complete their studies and start earning. The repayment period is five years, and the students can choose to repay the loan amount in installments.
• No Collateral: The students do not have to provide any collateral or security for the loan amount.
• Flexibility: The scheme provides flexibility to the students to choose their preferred foreign university or institution, and the loan amount can be used to cover all the expenses related to their study abroad.

Application Process:

The application process for the Jagananna Videshi Vidya Deevena scheme is as follows:

• The eligible students have to apply online on the official website of the Andhra Pradesh State government.
• The students have to fill in their personal details, academic details, and other required information in the online application form.
• The students have to upload the necessary documents, including their passport, admission letter from the foreign university, income certificate, and other supporting documents.
• Once the application is submitted, it will be verified by the concerned authorities, and if found eligible, the loan amount will be disbursed to the student’s bank account.

Benefits of the Scheme:

The Jagananna Videshi Vidya Deevena scheme offers several benefits to the students, some of which are:

• Financial Assistance: The scheme provides financial assistance to the students to pursue their higher education abroad, which can be a significant burden for students from economically weaker sections.
• Interest-Free Loan: The loan amount provided under this scheme is interest-free, which means that the students do not have to worry about the high-interest rates charged by banks and other financial institutions.
• No Collateral: The students

Jagananna Videshi Vidya Deevena First Installment Released