The SBIF Asha Scholarship Program is among the top scholarship schemes in India by the SBI Foundation Integrated Learning Mission (ILM). This mega scholarship program stands to extend funds to deserving candidate students from disadvantaged sections of society so that they do not have to quit their studies due to lack of funds.
The scholarship provides opportunities for students from Class 6 to Class 12, undergraduate and postgraduate studies enrolled in the top NIRF-ranking universities, IITs, and MBA/PGDM courses from IIMs. With this initiative, the SBI Foundation aims to generate learning environments for students throughout India and lead them towards academic achievement.
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About the SBI Foundation
SBI Foundation is a wing of CSR (Corporate Social Responsibility) for the State Bank of India (SBI). Staying true to SBI’s tradition of service beyond banking, the Foundation operates in 28 States & Union Territories of India. It intervenes in various development sectors such as rural development, health care, education, livelihood and entrepreneurship, youth empowerment and sports.
SBI Foundation performs many tasks, including seeking the well-being of the underprivileged and contributing to the overall improvement of society. The Foundation supports women’s empowerment and development, which combines moral principles with financial achievements for social changes in India.
Scholarship Details and Benefits
The SBIF Asha Scholarship Program provides financial aid for worthy students. One can get a maximum of INR 7.5 lakh if a person matches all the eligibility requirements. Scholarship amounts vary according to class level. In specific:
Scholarships worth INR 15,000 are available for students from Class 6 to Class 12.
This support of financial aid aims to alleviate the student’s concerns regarding the cost of education, like tuition, purchase of books, and other academic supplies, which produce the environment for the children and allow them to perform effectively and concentrate on the learning process.
Eligibility Criteria for the SBIF Asha Scholarship
To be eligible for the SBIF Asha Scholarship Program 2024, applicants must meet the following criteria:
Nationality: Applicants must be Indian nationals.
Academic Level:
- Class 6 to 12 Students can apply.
- It is equally open for MBA and PG courses from the NIRF’s Top 100 universities, IIMs, and students pursuing undergraduate and postgraduate courses from IITs.
Academic Performance: Students must have secured 75% marks in their previous academic year.
Family Income: The gross annual family income of the applicants should not exceed INR 3,00,000.
Additional Considerations
- Reservation for Female Applicants: 50% of the available scholarships for female students.
- Preference for SC/ST Applicants: Priority will be given to students from Scheduled Castes (SC) and Scheduled Tribes (ST) categories, promoting inclusivity and diversity in educational opportunities.
Required Documents for Application
To apply for the SBIF Asha Scholarship, students must submit the following documents:
- Details about academic performance from the previous year. (Ex. Class 12, graduation or post-graduation).
- Government photo identity.
- Receipt of paid fees for the present year.
- Only for the current year (Admission letter or ID card issued by the Institution or Bonafide Certificate)
- Details of bank accounts (which belong to the parent or the applicant)
- Mode of income (Form 16 A, Income certificate, pay slip).
- The applicant’s photo.
- SC certificate (if required).
How to Apply
The application process for the SBIF Asha Scholarship is straightforward and user-friendly:
- Online Application: Go to the official website of SBIF Asha Scholarship and click Apply Now or visit the Buddy4Study portal and click on the “Apply Now” button.
- Login/Register: Log in with your registered Buddy4Study ID or create an account using your Email/Mobile/Gmail account.
- Fill in the Application Form: Complete the online application form with accurate details.
- Upload Documents: Submit all the required documents as mentioned.
- Review and Submit: After reviewing the details in the preview, apply.
Application Deadline
The last date of application for the SBIF Asha Scholarship Program 2024 is October 31st 2024. Therefore, if interested, it is advised to apply before the deadline to avoid losing such a golden chance.
Conclusion
The SBIF Asha Scholarship Program assists students from low or economically weaker sections who would otherwise drop out of this education. In this scenario, the efforts of the SBI Foundation are not limited to enriching individuals with knowledge through scholarships. To apply or qualify for application, please make sure you will take this life-changing scholarship opportunity so that you are the one who will help design the future.
