The Jharkhand Guruji Student Credit Card (GSCC) Scheme is a flagship initiative launched by the Government of Jharkhand to make higher education affordable and accessible to all sections of society.
Education plays a vital role in shaping the future of Jharkhand’s youth. However, many talented students face challenges in continuing their studies due to financial constraints. To bridge this gap, the GSCC Scheme offers education loans up to ₹15 lakh at very low interest rates, ensuring that no student is left behind due to lack of funds.
By providing this financial support, the government aims to:
This initiative aligns with Jharkhand’s vision of transforming its youth into educated, self-reliant, and globally competitive citizens.
The Guruji Student Credit Card Scheme (GSCC) is a student-centric financial assistance program that provides low-interest education loans to eligible students for pursuing higher education in India or abroad.
Modeled on the lines of successful education credit initiatives in other states, the GSCC Scheme ensures equal educational opportunities for every deserving student of Jharkhand, regardless of their economic background.
Through this scheme, students can avail loans up to ₹15 lakh to cover academic expenses such as:
The scheme operates under the Department of Higher and Technical Education, Government of Jharkhand, and works in collaboration with nodal banks for loan disbursement and management.
The GSCC is not just a loan program—it’s a social investment in Jharkhand’s educational future, promoting inclusivity and lifelong learning.
The main objectives of the Guruji Student Credit Card (GSCC) Scheme are as follows:
Many bright students discontinue their studies due to financial difficulties. The GSCC Scheme ensures that financial challenges never become a barrier to education.
By offering loans without the need for collateral or high guarantees, the scheme helps low-income and marginalized families access banking and financial systems.
The scheme nurtures talent, helping young people acquire technical and professional skills necessary for employability and entrepreneurship.
An educated population is key to the economic and social growth of Jharkhand. The GSCC Scheme contributes directly to the state’s vision of a skilled, empowered society.
In short, the GSCC Scheme embodies the government’s commitment to “Education for All”, making higher studies a reachable goal for every Jharkhand student.
Below is a quick summary of the key features and benefits of the Guruji Student Credit Card (GSCC) Scheme:
Feature | Details |
| Implementing Authority | Department of Higher and Technical Education, Government of Jharkhand |
| Maximum Loan Amount | Up to ₹15 lakh |
| Interest Rate | 4% per annum for male students; 1% per annum for female and differently-abled students |
| Repayment Period | Up to 15 years after completion of course |
| Moratorium Period | Course duration + 1 year (no EMI during this time) |
| Collateral Requirement | No collateral required – Government of Jharkhand acts as guarantor |
| Expenses Covered | Tuition, books, hostel, examination, equipment, and other academic costs |
| Eligible Courses | Professional, technical, and general degree courses in India or abroad |
| Application Mode | Online through official portal https://gscc.jharkhand.gov.in |
| Target Group | Students who are permanent residents of Jharkhand |
The GSCC Scheme ensures that financial limitations never stop talent from achieving academic success. It also promotes gender equality, offering additional benefits to female and differently-abled students to encourage greater participation in higher education.
Q1. Who can apply for the Jharkhand Guruji Student Credit Card (GSCC) Scheme?
Students who are permanent residents of Jharkhand, aged between 18–35 years, and enrolled in recognized higher education institutions in India or abroad are eligible.
Q2. What is the maximum amount I can borrow under the scheme?
Eligible students can avail loans up to ₹15 lakh to cover education-related expenses.
Q3. Is collateral or a guarantor required?
No collateral or third-party guarantor is needed. The Government of Jharkhand acts as the guarantor for the loan.
Q4. What expenses does the GSCC Scheme cover?
The scheme covers tuition fees, examination fees, books, hostel expenses, laptops, and other essential academic costs.
Q5. What is the interest rate under this scheme?
The interest rate is 4% per annum for male students and 1% per annum for female and differently-abled students.
Q6. How can I apply for the GSCC Scheme?
Applications can be submitted online through the official website: https://gscc.jharkhand.gov.in. Applicants must register, fill in their details, and upload necessary documents.
Q7. When do I start repaying the loan?
Repayment begins one year after completing your course, and you can repay it within a period of 15 years.