SBIF Asha Scholarship Program 2024 - The SBIF Asha Scholarship Program 2024 is one of India's most significant scholarship initiatives, spearheaded by the SBI Foundation as part of its Integrated Learning Mission (ILM). This program is designed to provide financial assistance to meritorious students hailing from low-income families across India, ensuring that financial constraints do not impede their educational journey. The scholarship extends its support to students from Class 6 to 12 and those pursuing undergraduate and postgraduate degrees from top-ranked institutions, including the premier IITs and IIMs.
With scholarships reaching up to INR 7.5 lakh, the SBIF Asha Scholarship Program aims to empower students to continue their academic pursuits without the burden of financial stress.
About SBI Foundation: Commitment Beyond Banking
The SBI Foundation serves as the Corporate Social Responsibility (CSR) arm of the State Bank of India, embodying the bank's ethos of service beyond banking. Operating in over 28 States and Union Territories, the Foundation is deeply involved in various social initiatives, including Rural Development, Healthcare, Education, Livelihood & Entrepreneurship, Youth Empowerment, and the Promotion of Sports. Through these programs, the Foundation strives to contribute to the socio-economic development of underprivileged communities across India.
SBI Foundation's initiatives reflect the values of equality, growth, and a positive societal impact, making a substantial difference in the lives of many.
For more details, visit SBI Foundation.
SBIF Asha Scholarship 2024: Who Can Apply? Understanding the Eligibility Criteria
For School Students (Class 6 to 12):
- Nationality: Open to Indian citizens.
- Academic Requirement: Students must be currently enrolled in Class 6 to 12 and have secured at least 75% in their previous academic year.
- Income Limit: The gross annual family income should not exceed INR 3,00,000.
For Undergraduate Students:
- Nationality: Open to Indian citizens.
- Academic Requirement: Must be enrolled in an undergraduate course at a premier university/college in India, as listed in the top 100 NIRF rankings.
- Income Limit: The gross annual family income should not exceed INR 6,00,000.
For Postgraduate Students:
- Nationality: Open to Indian citizens.
- Academic Requirement: Must be pursuing a postgraduate course at a premier university/college in India, as listed in the top 100 NIRF rankings.
- Income Limit: The gross annual family income should not exceed INR 6,00,000.
For IIT Students:
- Nationality: Open to Indian citizens.
- Academic Requirement: Must be pursuing an undergraduate course at an IIT in India.
- Income Limit: The gross annual family income should not exceed INR 6,00,000.
For IIM Students:
- Nationality: Open to Indian citizens.
- Academic Requirement: Must be pursuing MBA/PGDM courses at an IIM in India.
- Income Limit: The gross annual family income should not exceed INR 6,00,000.
Special Considerations:
- Income Priority: For all categories, preference is given to students whose family income is up to INR 3,00,000.
- Gender Reservation: 50% of the scholarship slots are reserved for female applicants.
- Caste Reservation: Special preference is also given to students belonging to Scheduled Castes (SC) and Scheduled Tribes (ST).
SBIF Asha Scholarship 2024: What Does the Scholarship Cover?
The SBIF Asha Scholarship Program provides substantial financial support tailored to the academic level of the students:
- Classes 6 to 12: INR 15,000 per student.
- Undergraduate Students: Up to INR 50,000.
- Postgraduate Students: Up to INR 70,000.
- Undergraduate Students at IITs: Up to INR 2,00,000.
- MBA Students at IIMs: Up to INR 7,50,000.
SBIF Asha Scholarship 2024: How to Apply, A Step-by-Step Guide
- Start the Application: Click on the ‘Apply Now’ button below.
- Login/Register: Login to Buddy4Study with your registered ID. If you don't have an account, register using your Email, Mobile number, or Google account.
- Complete the Application Form: You will be redirected to the SBIF Asha Scholarship Program 2024 application form page. Click ‘Start Application’ to begin.
- Provide Necessary Details: Fill in all required information in the online form.
- Upload Documents: Submit the necessary documents (listed below).
- Review and Submit: After completing the form, preview your details, and if everything is accurate, click ‘Submit’ to finalize your application.
SBIF Asha Scholarship 2024: Documents Required
- Previous academic year's mark sheet.
- Government-issued ID (Aadhaar card).
- Current year fee receipt.
- Proof of current year admission (admission letter, institution ID card, bonafide certificate).
- Bank account details (of the applicant or parent).
- Proof of income (Form 16A, income certificate from a government authority, salary slips, etc.).
- Applicant's photograph.
- Caste certificate (if applicable).
SBIF Asha Scholarship 2024: Important Dates to Remember
Application Deadline: October 1, 2024SBIF Asha Scholarship 2024: Contact Details
For any inquiries or assistance regarding the SBIF Asha Scholarship Program 2024:
- Email: sbiashascholarship@buddy4study.com
- Phone: 011-430-92248 (Ext- 303)
SBIF Asha Scholarship 2024: FAQs
Q: How are candidates selected for the scholarship?
A: The selection process is based on a combination of academic merit and financial need. It involves an initial shortlisting based on these criteria, followed by telephonic interviews and document verification.
Q: How will the scholarship funds be disbursed?
A: The scholarship amount will be directly transferred to the bank account of the selected students.
Q: Is the scholarship renewable for subsequent years?
A: No, this scholarship is a one-time award.
