(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.
<span style="margin-left:15px;"></span>(<i>1</i>) 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.<br> <span style="margin-left:15px;"></span>(<i>2</i>) Every student admitted to the University shall be eligible to receive educational loan, in accordance with the scheme referred to in sub-section (<i>1</i>), for pursuing a programme of study at the University. <br>