Chilarai College, Golakganj was established on 1st January, 1973.

The college is affiliated to Guahati University, Guwahati and accredited by National Assessment and Accreditation Council (NAAC) with "B" Grade in the year 2004.
    
The college was brought under the deficit grant-in-aid system in the year 1987 and recognized by University Grants Commission (UGC) under UGC Act of 2(f) and 12(B) in the year 2001.

The college offers two year Higher Secondary Course in Arts stream  and three year Degree Courses in Arts & BBA (Bachelor of Business Adminstation) under Guahati University, Guwahati.

Brief History:

On 26th January, 1973 was the first day of the college inside the Jogomohan Vidyapith Campus. Soon the college was shifted to Shibendra Nath Adhikary's double storied building. Mr. Naushad Zaman was the founder principal, among the staff were Bhuban Chandra Prodhani, Shibendra Nath Adhikary, Chani Ram Ray, Giridhar Ray, Tarani Ray.

On 17th February, 1975 the University had given the deadline that the college must buy fixed deposit of worth Rs. 35,000 the next day to get University affiliation. Late Kabir Chandra Ray Prodhani, the President of the college and also the the then MLA , instructed the people at Golokganj to collect the money and get the NSC. Only Rs. 33,000 was collected and there was no way to collect the deficit amount of Rs. 2,000. At last eighteen (18) watches were mortgaged for getting the money. Thereafter only the NSC was bought and finally deposited for affiliation.

Mr. C Babu Rajiv (IAS), the then District Commissioner of Dhubri, had agreed to let the Gaon Panchayats under Golokganj block divert their funds to raise an amount of Rs.1,00,000 for the college. The college had the worst of its time as even after ten years of its establishment. Till 1982-83, the college was running provisionally in the borrowed accommodation of Chilarai Bhavan at the BTC.

The College inspector Mr. K. C. Medhi, Principal, University Law College, was on verge of writing off the college. Then people like Jugal Khetawat, Mrs. Sabita Prodhani, Manoranjan Dev, and other distinguished people had to give Mr. Medhi the undertaking to build its own building, library and other basic infrastructures.

Afterwards people were desperately looking for money. Sabita Prodhani played a significant role in convincing the Panchayat President to let go an amount Rs.20,000 each from the funds earmarked for their respective Panchayats. Thus Rs.1,00,000 was arranged to build the college building. Also Dimbeshwar Hazarika, then the Sub Deputy Collector (SDC) of Golokganj played a significant role in providing land to the college.

Jibesh Babu, Rajat Babu, Swabala Ray, Aperva Sarma, Dimbeshwar Hazarika and others played a significant role in collection of funds for the college building. They got free bricks from Gauripur, Assam State Electricity Board provided Rs. 5,000.

Mr. Kabir Chandra Ray Prodhani had granted an amount of Rs. 20,000 from the OBC fund. Mr. Hiteshwar Saikia, the then Chief Minister offered Rs. 25,000 to the college. An another amount of Rs.25,000 was offered by Mr. Mukut Sarma, the then Minister of Assam Cabinet in 1984. Late in 1986 Mr. Prafulla Kumar Mahanta had granted an amount of Rs.20,000 from State Lottery Fund.