Home » Student's Special » Student Loan Scheme HEC Program 2023

Student Loan Scheme HEC Program 2023

Student Loan Scheme issued with help of major commercial banks of Pakistan (NBP, HBL, UBL, MCB, and ABL). All Student Loan Scheme HEC Program 2023 details provide on this page you can check the online Student Loan Scheme HEC program 2023. Student Loan Scheme HEC program 2023 application form download here. Pursuant to the announcement made by the Federal Finance Minister in his 2023-budget speech, a Student Loan Scheme (SLS) for Education was launched by the Government of Pakistan in collaboration with major commercial banks of Pakistan (NBP, HBL, UBL, MCB, and ABL).

Under the Scheme, financial assistance is provided by way of Interest-Free Loans to the meritorious students who have financial constraints for pursuing their studies in Scientific, Technical and Professional education within Pakistan.

Student Loan Scheme HEC Program 2023

The Scheme is being administered by a high-powered committee comprising the Deputy Governor, State Bank of Pakistan, Presidents of the commercial banks, and representative of Ministry of Finance, Government of Pakistan.

Administrator Of the Scheme National Bank of Pakistan.


Under the scheme the students are eligible to apply for loans provided:

He/She has obtained admission on merit through normal course/procedure in the approved Universities/Colleges of the public sector mentioned hereunder.


He/She falls at the time of admission within the age bracket of:-

For Graduation                      Not exceeding 21 Years

For Post-Graduation            Not exceeding 31 Years

For Ph.D. Not exceeding 36 Years

He/She has secured 70% marks in the last public examination.
He/She has undertaken the study of the subjects given below.
He/She is unable to pursue studies due to financial constraints.


The loan facility will be available for the entire duration of the study for:-

Schedule Fee  Paid directly to the


Boarding expenses excluding meal charges
Procurement of textbooks— Disbursed directly to the student


The maximum period of repayment of the loan is 10-Years from the date of disbursement of the first installment. The borrower shall repay the loan in monthly installment after six months from the date of first employment or one year from the date of completion of studies, whichever is earlier.


Under the Scheme, loans is available in the following subjects.

Oil Gas & Petro-Chemical  Technology
Biology, Molecular Biology & Genetics
Other Natural Sciences
DAWA and Islamic Jurisprudence
(LL.B/LL.M Sharia)
Computer Science/Information
System and Technology including hardware.
Economics, Statistics and Econometrics
Business Management Sciences


Application Forms are available from the designated branches mentioned above or may be downloaded from the National Bank of Pakistan website. The students desirous of availing loan under the Scheme may apply on prescribed form for financial assistance subject to he or she has got admission on merit through the normal procedure in the Universities/ Colleges fore-mentioned.

Applicants are required to submit/send their applications on the prescribed form, duly completed in all respect, to the designated branches indicated against each University/College by the given date. Incomplete applications shall not be entertained. Students who have availed of this facility in the last/previous year(s) need not apply.

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!