About Student Loans MOHE
Student Loans MOHE is a government initiative in Sri Lanka that provides interest-free loans to students pursuing higher education. It aims to support students financially and enable them to complete their studies without the burden of excessive debt.
2023 Application Process
The application process for the Student Loans MOHE 2023 is now open. Students who wish to apply for the loan can visit the official website studentloans.mohe.gov.lk and create an account. Once the account is created, they can log in and complete the application form.
Eligibility Criteria
To be eligible for the Student Loans MOHE, applicants must meet the following criteria:
- Be a citizen of Sri Lanka
- Have been admitted to a recognized higher education institution
- Meet the academic requirements set by the MOHE
- Have a good academic track record
Frequently Asked Questions (FAQs)
1. How much loan amount can I apply for?
Students can apply for a maximum loan amount of LKR 1,000,000.
2. What is the interest rate for the loan?
The Student Loans MOHE offers interest-free loans, which means there is no interest charged on the loan amount.
3. Is there a repayment period for the loan?
Yes, students are required to start repaying the loan after the completion of their studies. The repayment period is typically five years.
4. Can I apply for the loan if I am studying abroad?
No, the Student Loans MOHE is only available for students studying in recognized higher education institutions in Sri Lanka.
5. Can I apply for the loan if I am already receiving a scholarship?
Yes, students who are already receiving a scholarship can still apply for the Student Loans MOHE.
Conclusion
The Student Loans MOHE 2023 application provides a great opportunity for students to pursue their higher education without the burden of high-interest loans. By offering interest-free loans, the government aims to support students in their academic journey and contribute to the development of the nation.
Resources:
- Ministry of Higher Education – Sri Lanka
- Student Loans MOHE – Official Website
- Interest-Free Student Loan Scheme – MOHE
Videos:
FAQs:
- How much loan amount can I apply for?
- What is the interest rate for the loan?
- Is there a repayment period for the loan?
- Can I apply for the loan if I am studying abroad?
- Can I apply for the loan if I am already receiving a scholarship?
