New Akanksha Scheme (Higher Education Loan) (GGDC)

The “New Akanksha Scheme (Higher Educational Loan)” is implemented by the Gujarat Gopalak Development Corporation (GGDC) under the Social Justice and Empowerment Department, Government of Gujarat. Under this scheme, educational loans of up to ₹15 lakh are provided to students belonging to the Rabari and Bharwad castes from socially and educationally backward classes for pursuing higher professional courses such as medical, dental, engineering, pharmacy, etc.

Benefits

Loan Amount: Up to ₹15,00,000/-
Interest Rate: 3.5% for female students; 4% for male students
Contribution: 95% from the Corporation/State Government, 5% from the beneficiary

Eligibility

The applicant should be a resident of Gujarat.
The applicant should be pursuing higher professional education such as Medical, Dental, Engineering, Pharmacy, or related course.
The applicant should have secured admission in an institution approved by AICTE, UGC, or any recognized university.
The applicant should belong to the Rabari or Bharwad caste from the socially and educationally backward class.
The total annual income of the applicant’s family should not exceed ₹3,00,000/-.
The applicant’s age should be between 17 and 45 years.

Application Process

Online: https://ggdconline.gujarat.gov.in/

Step 1: Register: Go to the official website, find the “New Aspiration Higher Education Scheme” and click “Apply Now”.
Step 2: Fill Form: Complete Applicant information (Aadhaar, Ration No, Voter ID, Name, Gender, Address, Income details, Age, Caste). Provide qualification details (SSC, HSC, Diploma, Degree, Graduation). Fill in institution details, accreditation proof, and loan requirements (Admission, Tuition, Exam, Hostel, Books, etc.). Enter Bank Account details (MICR, IFSC).
Step 3: Review and Submit: Preview the application, enter CAPTCHA, and click “Submit”.
Step 4: Track Status: Save the Application ID. Status can be checked on the portal under “Know App Status” using the App No. and Birth Date.