Launching of Overseas Education and Skill Development Scheme

unnamedRoyal Monetary Authority, Ministry of Finance and Ministry of Labour and Human Resources today launched the Overseas Education and Skill Development Scheme.

The main objective of the scheme is for the Bhutanese youth to access higher education or develop proficiencies/skills abroad to improve their employment opportunities or business prospects on return home.

The loan scheme does not require collateral/mortgage instead a letter of acceptance from the university/colleges/vocational institutions duly attested by the MoLHR is needed.