Study BBA with Education Loan from Bihar Student Credit Card Scheme – Step-by-Step Guide

BBA admission with Bihar Student Credit Card Scheme

The BSCCS was initiated on 2nd October 2016 as part of the Mukhyamantri Nishchay Yojana with the objective of promoting affordability and accessibility in higher education for students in Bihar.

Under this program, students are provided with education loans up to ₹4,00,000 to pursue professional and graduation courses in India including management degrees (e.g. BBA).

If you are interested in becoming a manager, entrepreneur or corporate leader, this program guarantees that money does not become an obstacle to completing your studies in business.

Features of BSCCS for BBA Aspirants

• The loan is collateral-free, meaning you do not need to mortgage property or any assets; The Government of Bihar is your guarantor.
• The Government of Bihar provides subsidised interest rates - 1% for girls, physically challenged and transgender students; and 4% for boys.
• The loan provides a one-year grace period following the completion of your BBA program, providing an extended repayment window.
• The loan supports your cost of tuition, the cost of hostel (if campus-based), and other reasonable and necessary costs associated with your study.
• Support for Management Education – Invites students from diverse backgrounds to enter the business and management stream.

Loan Coverage for BBA Education

Although ₹4 lakh is the maximum amount, the actual sanctioned loan is based on the official fee structure from your BBA college.

For example:

• If the total cost of your BBA program is ₹3.2 lakh (hostel included) the lending amount will also be ₹3.2 lakh;
• If the total fees charged by the college is more than ₹4 lakh, the BSCCS will only pay ₹4 lakh, and the remaining fees must be arranged separately.

Hostel & Mess Coverage for BBA Students:

The hostel accommodation costs are only reimbursable if they form an official college fee structure and all mess expenses are covered only if they are specified in the hostel facilities.

Hostel accommodation and mess expenses do not include off-campus PGs or rented flats.

Benefits of Management Loan BSCCS 2025

• Ability to pursue BBA without financial difficulties.
• Lower interest in comparison to private student loans.
• No collateral required – easy access to everybody.
• Multiple BSCC-approved BBA colleges across India.
• Support for BSCC eligibility for business studies for students in Bihar to explore careers in management.

Business Studies BSCC Eligibility Criteria for BBA Students 2025

In order to apply for a management based BSCCS loan, the following criteria must be met:

• Successfully completed Class 12 from any recognized board (BSEB, CBSE, ICSE, etc.).
• Admitted to any recognized BBA college in India.
• The applicant's age shall not be more than 25 years at the time of loan application.
• The applicant shall be a farmer and a permanent resident of Bihar.
• The BBA course applied for must be recognized by the appropriate authority in higher education.

How to Get Loan for BBA Under BSCCS?

Step 1: Register Online

Go to the portal: https://theadmission.org/ to apply BBA credit card scheme – TheAdmission.org

Tap on New Applicant Registration. Enter Aadhaar, name, phone, and email. Fill in all fields.

Step 2: Fill out the Application Form

Login with received OTP.
Select the Student Credit card Scheme.
Submit your college admission letter, college fee structure sent by your college or university, and any other documents they require.

Step 3: Submit & Track the Status

Submit the application form and get an Application ID.
You will be able to find out the status online at any time.

Step 4: Verification of Documents at DRCC

Go to your district DRCC center.
Consult with your college and bring the original documents for verifications.

Step 5: Loan Disbursed

Once approved, the loan money is deposited directly to your BBA college’s account.

Document Checklist for BBA Loan Application

• Aadhaar Card
• PAN Card (if available)
• 10th & 12th Marksheets
• BBA admission letter from college
• College fee structure with hostel details (if applicable)
• Residence & income certificate
• Bank passbook copy
• Passport-size photographs

Let's Wrap it Up

The Bihar Student Credit Card Scheme does not only give students a loan to pursue their BBA but also is crucial for students to develop an upward trajectory. With financial assistance from the government and a comprehensive guide of BBA course loan help – TheAdmission.org that eases students' discomfort in taking student debt, they can now pursue their BBA without worrying about paying for a higher education experience.

So, if you're considering business studies, check your BSCC eligibility now and begin study BBA with BSCCS – TheAdmission.org.