Sakal India Foundation Interest-Free Education Loan Scholarship 2026–27
Sakal India Foundation
📌About the Event
The Sakal India Foundation Interest-Free Education Loan Scholarship 2026–27 supports academically talented Indian students who need financial assistance to pursue postgraduate education abroad or PhD research in India. Selected candidates receive an interest-free loan scholarship of ₹1,00,000, which must be repaid within two years. The programme is designed to reduce the financial burden of higher education while enabling deserving students to study at recognised institutions.
ℹ️ Event Details
- Type of financial assistance: Interest-free and repayable education loan scholarship
- Scholarship amount: ₹1,00,000 per selected student
- Number of scholarships: Up to 55 interest-free loan scholarships may be offered on an all-India basis.
- Academic opportunities covered:
- Postgraduate or master’s studies at recognised foreign universities
- Research leading to a PhD at a recognised university, national institute or equivalent institution in India
- Application mode: Online through the Sakal India Foundation scholarship portal
- Submission process: Applicants must upload the application and supporting documents online; hard copies are not required.
- Selection mode: Screening of applications followed by an interview conducted by an expert committee.
- Important restriction: Applications for master’s programmes in the United States are not being considered during the 2026–27 cycle.
- Interview mode: The Foundation has not specified whether interviews will be conducted online or offline.
📅 Important Dates
- Applications open: 11 May 2026
- Application deadline: 30 June 2026
- Applicable academic year: 2026–27
- Current application status: Open as of 17 June 2026
🎯 Eligibility & Rules
- Eligibility:
- Applicants must be residents of India.
- Applicants seeking support for overseas education must have secured confirmed admission to a postgraduate programme at a recognised foreign university.
- The overseas postgraduate programme should have an academic duration of at least one year.
- Applicants pursuing a PhD in India must have valid registration at a statutory university, national institute or institution of equivalent standing.
- For PhD applicants, the registration should generally have been obtained within the two years preceding the scholarship application.
- Applicants must have an excellent academic record and demonstrate academic merit.
- The institution and course must be recognised.
- The applicant’s admission status must be confirmed at the time of application.
- The Foundation’s eligibility information also indicates that the parent or guardian should have a stable income source.
🏆 Benefits for the Participants
- Selected candidates can receive an interest-free education loan scholarship of ₹1,00,000.
- Up to 55 students may receive the loan scholarship during the 2026–27 academic cycle.
- Students repay only the original loan amount, without additional interest.
- The two-year repayment arrangement reduces the cost compared with conventional interest-bearing education loans.
- In addition, one deserving student pursuing postgraduate studies or PhD-level research in Journalism in India or abroad may receive a non-refundable scholarship of ₹10,000, subject to the stated eligibility conditions.