Educare applications will start from 1st June 2023
Minimum qualification required to apply for Educare loan is II PUC or equivalent in a 10 +2 education system. Those students applying for Professional Graduate or Post graduate or University recognized Diplomas must also complete II PUC or equivalent in a 10 +2 as their minimum qualification.
Student must have scored minimum of 80% marks for General courses like Professional graduation, Post-graduation, Diploma and nursing courses and 85% marks for Professional courses like Engineering, Medical, Hotel Management in pre-graduation examinations. If excellent ranking is secured in qualifying entrance test like NEET/CET/COMEDK, relaxation up to 75% may be considered subject to decision of the Educare committee.
Students applying for correspondence courses, part time courses, private studies and specific job courses at tutorials are NOT ELIGIBLE to apply for this loan. This loan is only for those students pursuing regular university level degrees or diplomas.
The Annual income of the entire family from all sources (both parents and any unmarried siblings) should be less than Rs. 3,60,000/- (Rs. Three lakhs sixty thousand only)
Only Catholic students domiciled in Mangalore and Udupi Dioceses can apply. (Proof of residence must be produced, – such as MESCOM bill for present residence in the name of either parent or last school leaving certificate.)
Overseas education/courses are not supported by Educare. Education outside of Karnataka state will be considered only if the courses are not available within the state.
To be eligible to apply for this loan, the student must have received the Government scholarship for minorities for the previous year (Proof of receipt of such scholarship must be produced.)
Only those students who get admission under NEET/CET/COMED-K/PGCET or any equivalent government competitive examinations will be considered. (Proof must be produced.) EDUCARE DOES NOT SUPPORT MANAGEMENT QUOTA SEATS.
A maximum of two siblings per family is supported.
INCOMPLETE AND MISREPRESENTED APPLICATIONS WILL BE REJECTED WITHOUT NOTICE.
The Educare executive committee supervising the loan disposal is the final authority for approval and disbursement of loans. The committee reserves the right to reject any application that in its view is not genuine, not deserving, and incomplete without providing any explanation to the applicant.
Application submission process:
Phone: 0824-2221109 / 9480511580
The last date to apply is 31-10-2023