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Goa · Student / Education Loan

Interest Free Education Loan (IFEL) Scheme

Also known as: Interest Free Education Loan Scheme · Interest Free Education Loan Yojana · IFEL · Interest Free Education Loan Scheme Goa · ब्याज-मुक्त शिक्षा ऋण (IFEL) योजना

Goa Education Development Corporation (GEDC)

Benefit

Interest-free loan up to ₹2 lakh/yr (India) or ₹8 lakh/yr (abroad) for higher studies

At a glance

Scheme	Interest Free Education Loan (IFEL) Scheme
For	Student / Education Loan
Where	Goa
Department	Goa Education Development Corporation (GEDC)
How to apply	Online

Who Can Apply

Resident of Goa
For: Students
Age: under 35
Studying / passed: Graduation, Post-graduation

In short — check the official website for the full rules.

Required Documents

Application form (fresh/renewal)
Aadhaar consent form
Mark sheet of qualifying exam
Family income certificate
Residence certificate (15 years in Goa)
Admission proof for the course

How to Apply

Apply online on the official government website (link below).

Open in YojanaSahay App & Check Eligibility → or browse all schemes Visit Official Government Website ↗

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Frequently asked questions

Who can apply for Interest Free Education Loan (IFEL) Scheme?

Resident of Goa. For: Students. Age: under 35. Studying / passed: Graduation, Post-graduation.

What is the benefit of Interest Free Education Loan (IFEL) Scheme?

Interest-free loan up to ₹2 lakh/yr (India) or ₹8 lakh/yr (abroad) for higher studies

What documents are needed for Interest Free Education Loan (IFEL) Scheme?

Application form (fresh/renewal), Aadhaar consent form, Mark sheet of qualifying exam, Family income certificate, Residence certificate (15 years in Goa), Admission proof for the course.

How do I apply for Interest Free Education Loan (IFEL) Scheme?

Apply online on the official website: https://gedc.goa.gov.in/node/23

How can I check if I am eligible for Interest Free Education Loan (IFEL) Scheme?

Answer a few simple questions on YojanaSahay — it tells you free of cost which schemes you qualify for, with the documents for each.