National Bank of Pakistan (NBP) Student Loan Scheme 2025
The Student Loan Scheme (SLS) was launched in Pakistan as part of the 2001–2002 federal budget, in collaboration between the Government of Pakistan and major commercial banks—including NBP, HBL, UBL, MCB, and ABL. NBP acts as the administrator, operating under a high-level committee comprising the SBP Deputy Governor, bank presidents, and a Ministry of Finance representative National Bank of Pakistaninsiderpk.com.
This initiative provides interest-free loans to meritorious students facing financial hardship, enabling them to continue scientific, technical, and professional education within Pakistan National Bank of Pakistaninsiderpk.com.
Program Highlights
- Administered by: National Bank of Pakistan under government and SBP oversight National Bank of Pakistan.
- Coverage Levels: Undergraduate (Graduation), Postgraduate (Master’s/MPhil), and PhD programs across public sector universities IT ZONE INFORMATION PORTALinsiderpk.com.
- Interest-Free: No markup or interest; only the principal deposited needs to be repaid edumissionworld.com.pkinsiderpk.com.
Eligibility Criteria
- Merit-Based Admission
Must have gained admission on merit through standard procedures into an approved public sector degree program insiderpk.comStudy Solutions. - Academic Performance
Minimum of 70% marks in the most recent public examination IT ZONE INFORMATION PORTALinsiderpk.com. - Age Limits
- Graduation: ≤ 21 years
- Postgraduate: ≤ 31 years
- PhD: ≤ 36 years IT ZONE INFORMATION PORTALinsiderpk.comStudy Solutions.
- Financial Need
Applicants must be facing financial constraints that hinder their educational pursuits IT ZONE INFORMATION PORTALinsiderpk.com. - Approved Subjects
Loan support is extended only to students in specified disciplines such as engineering, medicine, natural sciences, agriculture, computer science, business, economics, Sharia law (DAWA/LLB/LLM), and others insiderpk.comStudy Solutions.
What the Loan Covers
- Tuition Fees: Paid directly to the institution as per the fee schedule.
- Boarding Expenses: Covering hostel (excluding meals); remitted directly to the institution.
- Textbooks & Other Academic Costs: For items like lab fees or study materials, funds are disbursed directly to the student insiderpk.comPersonal Loan.
Repayment Terms
- Repayment Duration: Maximum of 10 years from disbursement of the first installment insiderpk.comGovernment Schemes.
- Repayment Start: Begins 6 months after first employment or 1 year after graduation, whichever comes first insiderpk.comGovernment Schemes.
- Installments: Monthly or quarterly payments are possible, with no penalties for early repayment Personal Loan.
- China–Pakistan Government Scholarship (CSC) – Study in China
Application Process
- Obtain the Form: Download from the NBP website or collect from designated branches.
- Required Documents:
- Two certified photographs (attested by BPS-17 or above).
- Fee challan copies, hostel boarding slips.
- CNIC copy of student and guardian.
- Academic transcripts and certificates.
- Income proof (from employer or Union Council if self-employed).
- Original admission confirmation letter specifying session dates.
- Four self-addressed envelopes (5 × 11) with current and permanent address insiderpk.comToday UpdateStudy Solutions.
- Submission: Submit two sets of the completed form and documents to a designated NBP branch before the deadline. Incomplete or late applications will not be considered insiderpk.comStudy SolutionsToday Update.
Frequently Asked Questions
Final Words
The NBP Student Loan Scheme plays a vital role in bridging the financial gap for many struggling students across Pakistan. By offering interest-free loans to deserving scholars, it ensures that merit and potential—not privilege—dictate one’s educational path. With structured coverage, flexible repayment terms, and broad eligibility, this initiative empowers students to pursue degrees that shape their futures and contribute to national progress.
