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Higher Education Financing Agency (HEFA)

  Jun 26, 2018

Higher Education Financing Agency (HEFA)

Higher Education Financing Agency (HEFA)
About
Working of HEFA
All the Centrally Funded Higher Educational Institutions would be eligible for joining as members of the HEFA. For joining as members, the Institution should agree to escrow a specific amount from their internal accruals to HEFA for a period of 10 years. This secured future flows would be securitised by the HEFA for mobilising the funds from the market. Each member institution would be eligible for a credit limit as decided by HEFA based on the amount agreed to be escrowed from the internal accruals