Higher Education Financing Agency (HEFA)

On 29th August 2025, the Ministry of Education approved a total outlay of Rs. 385.27 crore, through the Higher Education Financing Agency (HEFA), for a comprehensive infrastructure expansion at the Central University of Tamil Nadu (CUTN), Thiruvarur.

  • Higher Education Financing Agency (HEFA) was set up in May 2017 as a non-profit company under Section-8 of the Companies Act, 2013 and registered as a Non-Banking Finance Company (NBFC) with the Reserve Bank of India (RBI).
  • It is a joint venture of the Ministry of Education and Canara Bank for financing creation of capital assets in premier educational institutions in India.
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