Jagananna Videshi Vidya Deevena: AP CM To Release Rs 19.95 Crore For 213 Students

AMARAVATI: Andhra Pradesh Chief Minister YS Jagan Mohan Reddy will be releasing financial aid under the Jagananna Videshi Vidya Deevena on Friday. As per reports, he will disburse Rs 19.95 crore to students going abroad for higher education. Around 213 students who secured admission to the top 200 universities in the world will receive the amount.

The amount will be credited into the beneficiaries’ bank accounts by the CM through a virtual mode in an event held at the CM Camp Office today. As per the Jagananna Videshi Vidya Deevena scheme, the entire educational expenditure will be borne by the State government with Rs 1.25 crore being the maximum for SCs, STs, BCs and minorities candidates and Rs 1 crore being the maximum for others if they secure admission in the top 100 universities in the world.  The top 200 universities are selected according to QS rankings for quality education. 100% tuition fee reimbursement up to Rs.1.25 crore for SC, ST, BC and Minority students admitted in top 100 universities and 100% tuition fee reimbursement for others up to Rs. 100% tuition fee reimbursement up to a maximum of Rs.75 lakh for SC, ST, BC and Minority students who get seats in 100 – 200 QS ranking universities.

As per the Jagananna Videshi Vidya Deevena guidelines, for those securing seats in the universities ranked between 100 & 200 in the world, the aid will be up to Rs 75 lakh for SCs, STs, BCs and minorities and Rs 50 lakh for others.

The first installment of the aid will be provided soon after students get their immigration card, the second after first semester results, third and fourth after the second and third semesters.

The rest of the students will be paid a maximum of Rs.50 lakh or 50 percent of the tuition fee, whichever is less. The government is also reimbursing the flight and visa charges for students going to foreign universities.

Also Read: How To Apply For Jagananna Videshi Vidya Deevena; Check Eligibility Details