Dhaka: The Ministry of Education has issued a directive for 50 schools and 462 students to update their information for eligibility in government grants, with a submission deadline set for August 7. This request aims to address discrepancies in banking and KYC details that have hindered the distribution of funds.
According to Bangladesh Sangbad Sangstha, an official letter signed by Liyuza-ul-Jannah, Deputy Secretary of the Secondary and Higher Education Division, outlined the need for updated information in the context of distributing financial grants to educational institutions, teachers, staff, and students for the fiscal year 2023-24. The final list of institutions and beneficiaries for the special grant allocated for the fiscal year 2024-25 was published on the division’s website on June 17.
The allocation for grants includes 101 educational institutions and 250 teachers and staff, along with students categorized into various educational levels. These include 2,450 students from classes VI-VIII, 1,597 students from classes IX-X, 1,428 students from classes XI-XII, and 1,274 students at undergraduate and equivalent levels, totaling 7,100 beneficiaries.
The letter highlighted that Nagad Limited, the digital financial service of Bangladesh Post Office, reported on July 20 that 50 out of the 101 nominated educational institutions had incorrect banking details, which included errors in routing and account numbers. This discrepancy has prevented the transfer of grants to the bank accounts listed in their applications.
Furthermore, out of the 6,999 beneficiaries in the teacher/staff and student categories, 462 were unable to receive their grants through the mobile numbers provided due to missing KYC information. As a result, these individuals are requested to update their mobile numbers with the necessary KYC details by August 7, 2025.
The ministry also requires all beneficiaries who have not received grants in their bank accounts to submit the correct banking information. This includes the bank account title, bank and branch name, routing number, and account number. These details must be verified by the head of the institution and countersigned by the chairman of the management committee or governing body. The verified information should be sent via email to [email protected] by August 7, 2025.