Sarkari Yojana
Financial Assistance for Private Self-Financed Technical Institutions
About Financial Assistance for Private Self-Financed Technical Institutions
The Higher, Technical Education & Skill Development Department, Government of Jharkhand, runs the “Financial Assistance for Private Self-Financed Technical Institutions” scheme to strengthen technical education in the state. It gives grants to private engineering and polytechnic institutions for building infrastructure, modernising facilities and achieving accreditation.
Scheme Overview
State Government
Business Entity
Scheme Details
Eligibility Requirements
To qualify for Financial Assistance for Private Self-Financed Technical Institutions, applicants must satisfy the following conditions:
Applicants must be registered private self-financed engineering or…
Applicants must be registered private self-financed engineering or polytechnic institutes located in Jharkhand.
The institute must have run for a minimum…
The institute must have run for a minimum of 5 years and have audited financial statements.
The institute must hold AICTE approval and be…
The institute must hold AICTE approval and be affiliated with the State Board of Technical Education, Jharkhand or a recognised university.
The institute must meet AICTE norms, including qualified…
The institute must meet AICTE norms, including qualified faculty and adequate infrastructure.
Benefits Provided
Financial Assistance for Private Self-Financed Technical Institutions provides the following benefits to eligible applicants:
New private engineering institutions can receive grants of…
New private engineering institutions can receive grants of up to ₹2,00,00,000/-.
New private polytechnic institutions can receive up to…
New private polytechnic institutions can receive up to ₹1,00,00,000/- for infrastructure development.
Existing engineering institutions can receive up to ₹6,00,00,000/-
Existing engineering institutions can receive up to ₹6,00,00,000/-.
Existing polytechnic institutions can receive up to ₹3,00,00,000/-…
Existing polytechnic institutions can receive up to ₹3,00,00,000/- to upgrade facilities. NOTE:
The grant is released in three equal installments
The grant is released in three equal installments.
Funding is tied to accreditation
Funding is tied to accreditation: two NBA-accredited courses are needed for the second installment and four NBA-accredited courses for the third.
A minimum of 60% of seats must be…
A minimum of 60% of seats must be set aside for local students of Jharkhand.
Documents Required
Applicants should keep the following documents ready before starting the application:
The registered deed and mutation certificate proving land…
The registered deed and mutation certificate proving land ownership
The registration certificate of the Trust/Society/Company that manages…
The registration certificate of the Trust/Society/Company that manages the institute
Audited financial statements covering the last 5 years
Audited financial statements covering the last 5 years
The AICTE approval letter and affiliation papers
The AICTE approval letter and affiliation papers
Income Tax Return (ITR) certificate
Income Tax Return (ITR) certificate
NBA accreditation certificates, where available
NBA accreditation certificates, where available
How to Apply
Offline Application
Applicants can apply for Financial Assistance for Private Self-Financed Technical Institutions through the offline application process outlined below.
During office hours, go to the Higher, Technical…
During office hours, go to the Higher, Technical Education & Skill Development Department and ask the staff assigned to issue and receive applications for a printed copy of the prescribed form.
Complete all mandatory fields and attach copies of…
Complete all mandatory fields and attach copies of the required documents (self-attested, if needed).
Hand in the signed, completed form with the…
Hand in the signed, completed form with the documents at the Higher, Technical Education & Skill Development Department.
Obtain a receipt or acknowledgment from the receiving…
Obtain a receipt or acknowledgment from the receiving official, checking that it shows the date and time of submission and any unique identification number.
Official Application & Website
Verify the latest eligibility, dates and instructions before applying.