The Education Ministry has requested everyone not to pay heed to rumours on social media that it is giving each student Tk 10,000 as allowance.
A PID handout on Monday said reports about the allowance is fake.
The ministry said Sunday was the last date of application for allowance for educational institutions, teachers, staff and students. The date has been extended until March 15.
"Only a limited number of individuals and institutions will be given allowance after scrutiny," the ministry said.
On Sunday, UNB's Panchagarh correspondent reported that thousands of students of schools and colleges had thronged cyber cafes to apply for stipends by the stipulated time. They waited for hours but most of them could not complete the online registration.
Many chose to leave their documents with the shops paying service charges. They say they had to pay between Tk 50 and Tk 100 for certificates from their respective institutions.