Chief Minister V Narayanasamy told reporters here that the assistance would be available for students joining the professional courses in privately managed colleges in the Union Territory, after selection for admission by the government sponsored Centralised Admission Committee (CENTAC).
He further said the scheme would be of help for students to meet their tuition fees levied by the colleges.
The assistance was meant to benefit as many as 2574 students who joined during the current academic year (2016-2017) in the colleges following their selection by CENTAC, he added.
Revenue Minister M O H F Shah Jahan, Minister for Higher Education R Kamalakannan and officials of the Education Department were also present.
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