Scheme Objective:

To promote pursuit of higher education and technical education by younger population of Goa, to ensure that economic conditions and financial difficulties do not come in the way of such pursuit and, to assist eligible candidates by way of interest free loans to undertake approved degree and diploma courses at undergraduate and post graduate levels, in India or abroad.

 

Interest Free Education Loan (IFEL) Scheme for the academic year 2024-25.
Scheme open from 30th October, 2024.

The Goa Education Development Corporation is pleased to announce the Interest Free Education Loan (IFEL) Scheme for the academic year 2024-25.

 

The applicants are requested to download the form, fill in the details and attach the requisite documents in hard copy and submit the form & checklist in the GEDC office between 10.00 am to 4.00 pm on working days.

 

The last date for submission of the form along with the requisite documents is 28/02/2025. 

 

In case of students studying abroad, the Power of Attorney holder (parent) may fill the form as per the norms and submit within the stipulated duration as mentioned above

 

 

The Fresh and Renewal forms for IFEL Scheme 2024-25 maybe downloaded as below:

All the documents required with the fresh or renewal form has to be self attested by the applicant or the POA holder before submission.

IFEL Scheme

Download

Fresh form 2024-25

Download

Aadhaar Consent form

Download

Checklist for fresh applications.

Download

Renewal form 2024-25

Download

Power of attorney format.

Download

Non working parent affidavit.

Download

BELOW DOCUMENTS TO BE DOWNLOADED AND SUBMITTED AFTER LOAN IS SANCTIONED

Pre Receipt

Download

Declaration

Download

Bond Format

Fresh bond upto 5 Lakhs

Download

Fresh bond upto 5 Lakhs with POA

Download

Fresh Bond Above 5 Lakhs

Download

Fresh Bond Above 5 Lakhs with POA

Download

Bond format for abroad cases

Download

Minor bond upto 5 Lakhs

Download

Minor bond above 5 Lakhs

Download

Affidavit Format

Affidavit

Download

Affidavit with POA

Download

Abroad Affidavit

Download

Minor Affidavit

Download