How to get education loan in Nepal? before that, you must understand the education system of Nepal
History of Education In Nepal
The first light of education in Nepal began with the establishment of Durbar High School in 1853; this school was only for the members of the ruling families and their courtiers. For general people, this school was opened in 1951 after the movement of Nepali people to bring a democratic system in Nepal. Since then, there has been a dramatic expansion of education facilities in the country. As a result, adult literacy (age 15+) of the country was reported to be 60.3% (female: 46.3%, male: 73%) in a 2011 population census, up from about 5% in 1952–54.
Beginning from about 300 schools and two colleges with about 10,000 students in 1951, there now are 49,000 schools (including higher secondary), 415 colleges, five universities, and two academies of higher studies. Altogether 7.2 million students are enrolled in those schools and colleges who are served by more than 222,000 teachers.
Despite such examples of success, there are problems and challenges. Education management, quality, relevance, and access are some of the critical issues of education in Nepal. Societal disparities based on gender, ethnicity, location, economic class, etc. are yet to be eliminated. Resource crunch has always been a problem in education. These problems have made the goal of education for all a challenge for the country.
Education in Nepal(Chain system)
- Lower Kindergarten (LKG)
- Upper Kindergarten (UKG)
- First Grade
- Second Grade
- Third Grade
- Fourth Grade
- Fifth Grade
- Sixth Grade
- Seventh Grade
- Eighth Grade
- Ninth Grade
- Tenth Grade (Known as SEE)
- 10+2 (Intermediate Level) (Two years)
- Bachelors (three or four years)
- Masters (two years)
Universities in Nepal
At present, there are 13 universities in Nepal.
- Agriculture and Forestry University in Chitwan
- Far-western University in Kanchanpur
- Gandaki University in Tanahun
- Kathmandu University in Dhulikhel
- Lumbini Bouddha University
- Madan Bhandari University of Science and Technology
- Mid Western University in Birendranagar
- Nepal Open University in Lalitpur
- Nepal Sanskrit University
- Pokhara University in Pokhara
- Purbanchal University in Biratnagar
- Rajarshi Janak University in Janakpurdham
- Tribhuvan University in Kirtipur
Tribhuvan University is the First University of Nepal. This is situated in Kritipur, Kathmandu, Nepal. It was established in 1959. Tribhuvan University is one of the Largest Universities in the World.
The University provides Undergraduates and Postgraduates courses. In past it was also provided Higher Secondary Courses like I.ed, I.Com, I.Sc., I.A.and others but due to some problem and moderating it has been stoped to provide these courses and now just focused on the Higher degree. At present more than 4,000 courses are offered by Tribhuvan University. The university has 85 integral colleges and more than 600 affiliated colleges throughout the country
Official website of This University is https://www.tribhuvan-university.edu.np/
“Quality Education for Leadership”- Kathmandu University is the third University of Nepal. This is situated in Dhulikhel, Kavrepalanchowk District, Nepal. It was established in 1991. Kathmandu University is one of the Largest University of Nepal.
The University provides Undergraduates in engineering (computer, electrical & electronics, and mechanical), science (pharmacy and biology & applied biology), management (Master in Business Administration), undergraduate studies in music, and short courses provided by the School of Arts and the School of Education and Postgraduates Programs in the fields of engineering, science, management, arts, education, and medical sciences. The university has no affiliated Colleges it provides itself throughout the country
Official website of This University is http://www.ku.edu.np/
Pokhara University is one of the finest universities in Nepal. This is situated in Pokhra, Kaski, Nepal. It was established in 1996. Pokhara University is one of the Largest University of Nepal.
The University provides Undergraduates and Postgraduates courses. The University uses a Semester system and all bachelor courses are four academic years (Eight Semester) and Master Degree are Two years (Four Semester). There are 49 academic institutions under its affiliation with Bachelor, Master, M.Phil and Ph.D.degrees programs,
Purbanchal University is the Public University of Nepal. This is situated in Biratnagar, Nepal. It was established in 1993. Purbanchal University is one of the Largest University of Nepal located in the expansive premise of over 545 hectares.
The University provides Undergraduates and Postgraduates courses. The university is committed to achieving academic excellence through research, teaching, and practical studies in specific areas that contribute to the social, economic, and sustainable development of the country. At present, the university has broadly identified Industry-Technology, Agriculture-Forestry, Environment- Rural-Cultural Subsistence, and Sustainable Development as specific areas of “Academic Excellence”.
Official website of This University is http://www.puexam.edu.np/
Nepal Sanskrit University:-
Nepal Sanskrit University Formerly known as Mahindra Sanskrit University. This is situated in Beljhundi, Dang, Nepal. It was established in 1986. The university offers Intermediate (Uttar Madhyama), Bachelor (Shastri), Bachelor of Education, Masters (Acharya), and Doctoral courses in classical and modern subjects.
The university has 12 constituent and 13 affiliated Vidhyapithas (campuses) situated in different parts of the country.
Official website of This University is http://www.nsu.edu.np/
Lumbini Buddha University:-
Lumbini Buddha University is the First Religious University of Nepal. This is situated in Lumbini, Nepal. It was established in 2004.
The University will provide a three-year course for a Diploma in Buddhism, as well as MA and Ph.D. courses.
Official website of This University is http://www.lbu.edu.np/
Agriculture and Forestry University:-
Agriculture and Forestry University independent educational institution. This is situated in Rampur, Chitwan, Nepal. It was established in 2010.
National Level Colleges of Nepal
Chelsea International Academy
St. Xavier’s College, Maitighar
For International bachelor’s degree
Islington College, Kamalpokhara, Kathmandu
+2 and Bachelor in science
Amrit Science College (ASCOL), Kathmandu
The British College, Thapathali, Kathmandu
College of Applied Food and Dairy Technology
Damak Multiple Campus, Damak, Jhapa
Gomendra Multiple College
Kantipur City College (KCC)
Kathmandu College of Management
Makwanpur Multiple Campus
Mechi Multiple Campus, Bhadrapur, Jhapa
NAMI College, Jorpati, Kathmandu
Nepal Academy of Science and Technology
National College of Computer Studies, affiliated with TU
National Integrated College, Dillibazar, Kathmandu
National School of Sciences (NIST), Lainchour
Nobel Academy, New Baneshwor, Kathmandu
Orchid International College, Gaushala, Kathmandu
Ramshwaroop Ramsagar Multiple (RRM) Campus, Janakpurdham
St. Xavier’s College, Maitighar
St. Xavier’s School, Jawalakhel
Prithvi Narayan Campus, Pokhara
B.P. Koirala Institute of Health Sciences
Institute of Medicine
Janaki Medical College
Kathmandu Medical College
Kathmandu University Medical School
Manipal College of Medical Sciences
Nepal Medical College (NMC)
Chitwan Medical College (CMC)
Everest Engineering College, Sanepa Lalitpur
Gandaki College of Engineering and Science
Himalaya College of Engineering, affiliated with TU
Kantipur Engineering College, affiliated with TU
Kathmandu Engineering College
Khwopa Engineering College
Lumbini Engineering College
Nepal Engineering College
Oxford college of engineering and management
Pokhara Engineering College
Purwanchal Campus, Dharan
Kantipur City College (KCC)
How to get education loan in Nepal from Sanchay Kosh (Employee Provident Fund)
For the higher Studies of the saver or his /, her spouse or son/daughter for a maximum of 2 persons can get this facility.
For a one-year regular fund deduction and 2 years service period remaining based on age or tenure, at least up to bachelor level study.
No increase in collateral valuation or an increase in the amount which is less than the actual expenditure.
MBBS And m. D. 2.5 million(25 Lakhs)
For Other Subject 1 million(10 lakhs) at Nepal and 2 million(20 Lakhs) abroad
Maximum 15 years with a grace period
In one fist and maximum of 4 installments
- Identity card of the fund
- Land redistribution
- Ownership deed
- Four forts – (gross letter)
- Survey Map – (Gross)
- License to build a house
- Citizenship of landowner and debtor
- Landlord paid
- Proof of relationship
- Home Buyer-Seller Agreement (for home purchase only)
- Retirement date and salary letter from the concerned office
- Self-declaration letter for more than 5 million
- Student Certificates
- Student citizenship
- Details of the expenses of the study institute
- A copy of the certificate of affiliation
- Visa Passport – (In the case of countries other than India)
- Forms are available in Employees Provident Fund Pulchowk, Branch Offices Biratnagar, Hetauda, Butwal, Dhangadhi, Pokhara, Kohalpur, and Surkhet.
- Fill the form duly, certify it from your office and submit it to the fund by enclosing the required documents mentioned in the form.
- 500 / – will be charged.
- The collateral appraiser has to pay Rs. 3,000 / – will be taken.
- If there is a decision from the fund to provide the loan, the mortgage will be passed in the name of the house/land fund before the loan is given and the house/land will be withheld. In the name of the fund, the first loan amount will be provided to the concerned accumulating employee the day after the blind pass.
- The loan will be provided within 7 days of the registration of the application if it is per the rules by enclosing the required documents mentioned in the form.
Note:- This site does not confirm the procedure. Please visit the Employee provident fund office for more clarification.