Scholarship
Foreign Education Scheme(FESG)
Overview
About FESG
The Foreign Education Scheme is a Gujarat state programme that helps students from the non-reserved (unreserved) category pay for higher education abroad after Standard 12. It is run by the Gujarat Unreserved Educational and Economical Development Corporation (GUEEDC), and is listed on myScheme.
GUEEDC was set up to support the economically weaker sections of Gujarat's unreserved community through education and economic development. Under this scheme the corporation extends a concessional education loan to help a student meet the cost of studying overseas, covering courses such as MBBS and undergraduate and postgraduate degrees at recognised foreign universities.
The support goes to the individual student. It is meant for Gujarat residents from the unreserved category who have secured admission to a foreign institution and whose family income falls within the limit the scheme sets.
Sources: GUEEDC - Gujarat Unreserved Educational & Economical Development Corporation (official portal) · Foreign Education Scheme - myScheme (Government of India) · Gujarat Government Education Loan for Study Abroad: GUEEDC - GyanDhan
Who runs it
Provider
Gujarat Unreserved Education And Economical Development Corporation
State / UT Government
Industries and Mines Department · Gujarat Unreserved Education And Economical Development Corporation
At a glance
Key details
| Level | State/ UT |
| Scheme type | — |
| Category | Education & Learning, Social welfare & Empowerment |
| Beneficiaries | Individual |
| Benefit type | Cash |
| Application mode | Online |
Calendar
Important dates
Across all open application cycles.
| Cycle | Stage | Date |
|---|
Who can apply
Eligibility criteria
| The applicant must belong to a unreserved category. | |
| The applicant must have scored 60% or more in Standard 12. | |
| The applicant must have secured admission to an MBBS, graduation, post-graduation, or equivalent diploma course abroad. | |
| The applicant’s family's annual income must be ₹6,00,000/- or less. |
What you get
Award & benefits
- Financial Assistance: A loan of the total tuition fee of the entire course or ₹15,00,000/-, whichever is less, will be provided by the Corporation at a simple interest of 4%.
- Collateral: For loans of total loan amount of ₹7,50,000/- or less for the entire course, a charge of one and a half times the loan amount will have to be registered on the beneficiary's own property or that of a relative.
- If the total loan amount for the entire course is more than ₹7,50,000/-, the immovable property of oneself or any other relative equal to that total amount will have to be mortgaged in favor of the Corporation.
- Loan repayment: In case of total loan up to ₹5,00,000/-, it will have to be repaid in equal monthly installments over 5 (five) years, 1 year after completion of studies.
- In case of loan exceeding ₹5,00,000/-, it will have to be repaid in equal monthly installments over 6 (six) years, starting 1 year after completion of studies.
- The money from the loan being repaid will continue to be deposited as interest first.
- The borrower can repay the loan even before the specified time limit.
What to prepare
Documents required
Step by step
How to apply
- 1Apply online
See the official links below for the application portal.
Source
Official links
Questions
FESG – FAQ
Disclaimer
Scheme details are compiled from myScheme, the Government of India’s official scheme-discovery platform, and are reproduced without alteration. Amounts, deadlines and eligibility change between cycles — always confirm on the official links above before applying. Expertie does not process applications or charge fees.