NBP Student Loan Scheme – How to Apply for Interest-Free Study Loans in Pakistan
Published by: Today Update PK |

The NBP Student Loan Scheme is a government-supported initiative managed by the National Bank of Pakistan (NBP). This scheme offers interest-free loans to students seeking higher education in public sector universities across Pakistan.
Purpose of the NBP Student Loan Scheme
The goal of the scheme is to provide financial support to talented but underprivileged students so they can pursue professional and academic degrees without financial stress.
Eligibility Criteria
- Pakistani nationality
- Minimum 70% marks in the last public examination
- Admitted to a government-recognized university in specified disciplines
- Financially deserving (based on family income)
Courses Covered
Loans are available for Bachelor’s, Master’s, MPhil, and Ph.D. levels in the following disciplines:
- Engineering
- Medicine
- Computer Science
- Agriculture
- Social Sciences
- Commerce and Business Studies
What Does the Loan Cover?
- Full tuition fees
- Boarding expenses
- Cost of textbooks
Required Documents
- Admission letter from the university
- Copy of CNIC (student & guardian)
- Passport-size photographs
- Detailed marks certificates of SSC, HSSC, and Bachelor (if applicable)
- Income certificate of parents/guardians
How to Apply for the NBP Student Loan Scheme
- Download the application form from the official NBP Student Loan Scheme portal
- Fill out the form carefully with accurate academic and personal information
- Attach all required documents
- Submit the application at any National Bank of Pakistan branch near you
Loan Repayment Terms
Loan repayment starts one year after the degree is completed or six months after securing employment—whichever comes first. The loan is interest-free, making it easier to repay in flexible installments.
Benefits of the Scheme
- Encourages education among low-income families
- Zero interest burden on students
- Supports national human resource development
Frequently Asked Questions (FAQs)
Is there an age limit for applicants?
There is no officially declared age limit, but candidates must be enrolled in eligible degree programs.
Can I apply if I’m already receiving another scholarship?
Generally, dual financial aid is discouraged unless approved by the committee.
When is the deadline?
The application deadline varies annually. Always check the NBP official website for the latest updates.
Conclusion
The NBP Student Loan Scheme is a golden opportunity for financially struggling students in Pakistan. It promotes equal access to quality education and enables talented youth to build a better future without worrying about tuition and living expenses. Apply now and secure your academic goals with government-backed support.