Interest Free Student Loan Scheme (IFSLS) 2026: 11th Intake Applications Open

11th Intake • Higher Education Funding 2026

Interest Free Student Loan Scheme (IFSLS) 2026 – 11th Intake Applications Open

🏛️ Authority: Ministry of Education, Higher Education and Vocational Education 🎓 Target Students: A/L 2023, 2024 & 2025 Batches 📅 Closing Deadline: September 27, 2026
🇱🇰 සිංහල සාරාංශය

2023, 2024 හෝ 2025 වර්ෂවල අ.පො.ස. උසස් පෙළ (A/L) විභාගයට පෙනී සිටි සුදුසුකම්ලත් ශ්‍රී ලාංකික සිසුන් සඳහා පොලී රහිත ශිෂ්‍ය ණය යෝජනා ක්‍රමයේ (IFSLS) 11 වන බඳවා ගැනීම සඳහා අධ්‍යාපන අමාත්‍යාංශය මඟින් අයදුම්පත් කැඳවා ඇත. රජය විසින් අනුමත කරන ලද රාජ්‍ය නොවන උසස් අධ්‍යාපන ආයතනවල උපාධි පාඨමාලා හැදෑරීම සඳහා රුපියල් 1,500,000 (ලක්ෂ 15) දක්වා උපරිම ශිෂ්‍ය ණය මුදලක් පිරිනැමෙන අතර, අයදුම්පත් 2026 සැප්තැම්බර් 27 වන දිනට පෙර මාර්ගගතව (Online) යොමු කළ යුතුය.

🇱🇰 தமிழ் சுருக்கம்

2023, 2024 அல்லது 2025 ஆம் ஆண்டுகளில் க.பொ.த. உயர்தரப் பரீட்சைக்குத் தோற்றிய தகுதியுடைய இலங்கை மாணவர்களுக்காக வட்டியில்லா மாணவர் கடன் திட்டத்தின் (IFSLS) 11ஆவது சேர்க்கைக்கான விண்ணப்பங்களை கல்வி அமைச்சு கோரியுள்ளது. அரசினால் அங்கீகரிக்கப்பட்ட அரச சார்பற்ற உயர்கல்வி நிறுவனங்களில் பட்டப்படிப்புகளைப் பூர்த்தி செய்வதற்கு ரூ. 1,500,000 வரை வட்டியில்லா கடன் வழங்கப்படுகின்றது. தகுதியான மாணவர்கள் 2026 செப்டம்பர் 27 ஆம் திகதிக்கு முன்னர் இணையவழியில் விண்ணப்பிக்க வேண்டும்.

📌 Key Overview & Vital Details
Issuing Ministry Ministry of Education / Higher Education
Scheme Name Interest Free Student Loan Scheme (IFSLS)
Intake Batch 11th Intake – 2026
Eligible A/L Years 2023, 2024 & 2025
Maximum Loan Limit Up to Rs. 1,500,000/-
Application Deadline 27 September 2026
Rs. 1,500,000 Maximum interest-free government funding available per student for approved degree courses
📋 Comprehensive Eligibility & Admission Guidelines

The Interest Free Student Loan Scheme (IFSLS) is designed to provide higher education opportunities in Ministry-approved non-state degree awarding institutes. Basic entry conditions include:

  • A/L Examination Qualification: Candidates must have sat for the G.C.E. Advanced Level Examination in either 2023, 2024, or 2025 and satisfied the basic university entrance benchmarks (3 passes in one sitting).
  • Non-Enrolment in State Universities: Applicants must not have registered or gained placement for a state university internal undergraduate degree programme through the University Grants Commission (UGC).
  • Programme-Specific Requirements: Specific minimum Z-scores and prerequisite subjects vary depending on the chosen discipline (e.g., Information Technology, Engineering, Management, Allied Health Sciences).
  • Participating Non-State Institutes: Courses must be chosen exclusively from degree pathways conducted by recognized institutions (such as SLIIT, NSBM, CINEC, Horizon Campus, SLTC, etc., as specified on the portal).
📝 Step-by-Step Online Application Procedure
  1. Visit the official student loans web portal at studentloans.mohe.gov.lk/loan_web/.
  2. Explore the Approved Degree Programmes and Participating Institutes directories to confirm subject and institute eligibility.
  3. Read the complete official Student Handbook to verify terms of the interest-free loan repayment period, guarantor criteria, and bank agreements.
  4. Create your student applicant profile using your National Identity Card (NIC) number and active mobile phone contact.
  5. Enter your G.C.E. A/L index number, examination year (2023, 2024, or 2025), and verified subject results.
  6. Select your course preferences in order of priority and submit the electronic application before September 27, 2026.
  7. Download and retain a physical printed copy of your submitted application confirmation for document verification interviews.
⚠️ Critical Deadline Notice: Online applications for the 11th Intake close promptly on 27 September 2026. Each applicant must verify course-specific entry thresholds in the handbook before confirming choices, as priority selections cannot be altered after the final submission deadline.
🏛️ Issuing Authority & Contact Information

Issuing Body: Non-State Higher Education Division, Ministry of Education, Higher Education and Vocational Education
Scheme: Interest Free Student Loan Scheme (IFSLS)
Official Web Portal: studentloans.mohe.gov.lk

❓ Frequently Asked Questions (FAQs)
Is the loan entirely interest-free for the student?

Yes. Under the IFSLS framework, the full interest accumulated during the period of study and grace period is subsidized and paid directly by the Government of Sri Lanka. Students are only required to repay the exact principal loan amount following graduation.

Can students who completed A/Ls in 2022 apply for the 11th Intake?

No. Eligibility for the 11th Intake is strictly confined to students who sat for the G.C.E. Advanced Level Examination in the 2023, 2024, or 2025 examination series.

Does the loan cover living expenses or only course tuition fees?

The primary loan allocation of up to Rs. 1,500,000 is directly credited toward the degree tuition fees at the chosen participating higher education institute. Additional maintenance stipends depend on scheme provisions detailed in the student handbook.

Notice: GovInfo.lk is an independent civic and educational information portal. We are not an official government entity and are not affiliated with the Ministry of Education or the Non-State Higher Education Division. All loan conditions, eligible degree programs, and deadlines are referenced directly from public notices on studentloans.mohe.gov.lk. Students are advised to review the official student handbook before entering contractual loan obligations.

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