Kumar also made it clear that the department concerned would ensure through a proper verification that scholarships must be given to only "genuine students enrollled in genuine institutions" as instances have been found that students enrolled with "bogus institutions" too have availed of scholarship meant for SC categories.
"Misgivings are being spread vis-a-vis post-matriculation scholarship. It will continue till 2016-17. Those (students) who have been availing scholarships will continue to avail it (scholarship) till completion of their education," Kumar said.
The CM, however, said that government will carry out study and review about the 'student credit card scheme' after the completion of 2017-18 in order to find out whether or not the scheme has benefitted students belonging to SC, ST, EBC and BC.
It will be completely "optional" for students to avail of either 'Student Credit Card' facility or 'post matriculation scholarship', he said adding that students can not avail the benefit of both the schemes.
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"We thought that we will not have to give scholarship to anyone as we have launched a universal credit card scheme for students," the CM said.
"In education loan, the union ministry of HRD gives guarantee to banks on the loan while the state govenrment gives guarantee to banks for not only the 'credit' but also gives guarantee on 'interest'," he said.
Notably, the Chief Minister on March 22 during 'Bihar Diwas' celebrations too had made it clear that scholarships for SC,ST, EBC and BC will continue.