Bhaktapur Municipality to Distribute Educational Loan to 101 Students

News 06 Jan 2024 914

Bhaktapur Municipality to Distribute Educational Loan

Bhaktapur Municipality to Distribute Educational Loan to 101 Students

Bhaktapur Municipality's educational loan initiative represents a transformative step in empowering its youth through accessible higher education. This targeted program, part of the Fiscal Year 2080/81 plan, meticulously selects 101 deserving students through interviews and careful consideration, offering them loans at subsidized rates with academic certificates as collateral. The municipality's commitment to educational development and its strategic approach to fostering intellectual manpower demonstrate a profound understanding of the long-term benefits of investing in the youth. As a beacon for progressive educational policies, Bhaktapur's approach aligns with best practices in nurturing talent and providing financial solutions to students in need, making it a model of educational support and community development.

Orientation Program for Selected Candidates

On January 5, 2024, the municipality conducted an informative orientation program for the selected students. This session was crucial in explaining the terms, conditions, and benefits of educational loans. Such initiatives demonstrate Bhaktapur's commitment to not only providing financial aid but also ensuring students understand how to make the best use of these opportunities.

Distribution Across Wards

The loans were distributed to students from various wards, ensuring a wide reach of this program. Specific numbers from each ward illustrate the municipality's effort to maintain diversity and equal opportunity in its educational support.

Statements from Key Figures

  • Mayor Sunil Prajapati: Highlighted the role of educational institutions under Bhaktapur Municipality in national development. He emphasized the successful investment in the education sector and the focus on benefiting the working class.
  • Ukesh Kawan, Ward Chairman of Ward No. 7: Emphasized the equal importance of all subjects in student education, advocating for a well-rounded academic approach.
  • Vasant Bhattarai, Chief Administrative Officer of Napa: Discussed the comprehensive educational programs offered in Napa-run colleges. He encouraged viewing the educational loan as a facility rather than a burden.
  • Rabindra Jakh, Ward Chairman of Ward No. 9: Provided clarity on the Educational Loan Granting Guideline 2075, outlining the application process, loan terms, and repayment conditions.

The educational loan program by Bhaktapur Municipality is a remarkable step towards supporting financially challenged students. By providing subsidized loans and focusing on educational excellence, the municipality fosters a brighter future for its youth and, by extension, the country. This initiative is a testament to Bhaktapur's dedication to developing intellectual manpower and addressing the educational needs of its community.

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