you can use as per documentation and I tested it :)
public void fngetdata()
{
using (BASdbContext objFeeSch = new BASdbContext())
{
objFeeSch.FEE_SCHEDULE.Load();
gvFeeSchedule.DataSource = objFeeSch.FEE_SCHEDULE.Local.ToBindingList<FEE_SCHEDULE>();
gvFeeSchedule.DataBind();
}
}