SBIF Asha Scholarship 2024: This Scholarship program is one of India’s largest scholarship programs Launched by the SBI Foundation under its education vertical – Integrated Learning Mission (ILM). Thiw scholarship program was Launched with the mission to support deserving students across India. The SBIF Asha Scholarship Program 2024 continues this process by offering financial assistance to meritorious economically week students, helping them pursue higher education without financial hurdles.
This scholarship program aims to support students from all educational levels, from primary school to higher professional courses, fostering a generation that can contribute meaningfully to the nation’s development. Let’s dive into the detailed aspects of this important initiative. The scholarship covers educational expenses such as tuition fees, books, and other academic resources, helping students focus on their studies rather than worrying about monetary challenges.
SBIF Asha Scholarship Program 2024 Overview:
| Scholarship Name | SBIF Asha Scholarship 2024 |
| Provider | SBI Foundation |
| Beneficiary | Students who passed classes 6 to 12 and are pursuing undergraduate and postgraduate courses |
| Benefits/Amount | Classes 6 to 12: INR 15,000 each UG Students: Up to INR 50,000 PG Students: Up to INR 70,000 UG Students from IITs: Up to INR 2,00,000 MBA Students from IIMs: Up to INR 7,50,000 |
| Year | 2024 |
| Application Mode | Online through Buddy4Study portal |
SBIF Asha Scholarship 2024 Objectives:
- Providing financial support to students who have the potential for academic excellence.
- Encouraging equal opportunities for students from economically disadvantaged backgrounds.
- Reducing dropout rates in schools and colleges by making education more accessible.
- Promoting higher education among students from marginalized communities.
Eligibility Criteria
The eligibility criteria for the SBIF Asha Scholarship Program 2024 depends on the educational level of the student. The Stage wise Eligibility Criteria is given below:
1. School Students (Class 6 to 12):
- The applicant must be studying in classes 6 to 12 in a government or private school recognized by the state or central board.
- The family’s annual income should not exceed ₹3,00,000.
- The student must have scored at least 75% in their previous examination.
- The student should not be receiving any other scholarship or financial aid during the same academic period.
2. Undergraduate Students:
- The applicant must be pursuing an undergraduate course in a recognized Indian college/university.
- The family’s annual income should not exceed ₹3,00,000.
- The student must have scored a minimum of 75% in their previous board or university examination.
- The applicant should not be receiving financial assistance from any other scholarship.
3. Postgraduate Students:
- The student must be enrolled in a postgraduate course in a recognized institution in India.
- The family’s income limit is capped at ₹3,00,000 annually.
- A minimum of 75% score in the undergraduate program is mandatory.
- Like other applicants, postgraduate students must not be benefiting from any other scholarships.
4. Professional and Technical Courses (Engineering, Medical, etc.):
- The applicant must be pursuing a professional course (such as engineering, medicine, law, etc.) from a recognized Indian institution.
- The annual family income should not exceed ₹3,00,000.
- A minimum of 75% in the preceding academic year is required.
- The applicant should not be availing of any other scholarships.
Scholarship Amount
The scholarship amount awarded under the SBIF Asha Scholarship Program 2024 depends on the educational level of the applicant. The amounts are structured to cover most of the tuition fees and academic expenses, making it easier for students to continue their studies.
1. For School Students (Classes 6-12):
Up to ₹15,000 annually.
2. For Undergraduate Students:
Up to ₹25,000 annually.
3. For Postgraduate Students:
Up to ₹50,000 annually.
4. For Professional/Technical Courses:
Up to ₹1,00,000 annually.
These amounts aim to alleviate the financial burden on families, allowing students to focus on excelling in their academic pursuits without interruptions.
Documents Required:
- Marksheet from the previous academic year (Class 10/Class 12/Graduation/Postgraduation, as applicable)
- Government-issued identity proof (Aadhaar card)
- Current year fee receipt
- Proof of current year admission (admission letter/institution identity 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.)
- Photograph of the applicant
- Caste Certificate (Wherever Applicable).
READ ALSO: NSP Scholarship Status 2024, Check By Application ID or Account Number
Application Process
The application process for the SBIF Asha Scholarship is designed to be simple and accessible, allowing students from even the most remote areas to apply with ease. Here’s a step-by-step guide to the application process:
1. Visit the Official Website:
Applicants should visit the official SBI Foundation website or the designated scholarship portal for the Asha Scholarship 2024 www.buddy4study.com
2. Registration:
Students need to register using their basic details such as name, email address, and contact number.
3. Filling in the Application Form:
After registration, candidates will have to fill out the detailed application form with personal, academic, and financial details.
Upload necessary documents such as:
- Aadhar card or valid ID proof.
- Recent passport-sized photograph.
- Marksheet of the last qualifying examination.
- Income certificate of the family.
- Admission proof from the current institution.
- Bank account details (in the student’s name).
4. Verification:
The submitted application goes through a rigorous verification process where the details provided by the student are cross-checked with official records. This step is crucial to ensure that only deserving candidates receive the scholarship.
5. Final Selection:
Once the verification process is complete, shortlisted candidates are notified via email and/or SMS. The scholarship amount is disbursed directly to the student’s bank account.
READ ALSO: AICTE Swanath Scholarship 2024: Check Benefits, Eligibility, Apply Now.
Contact Details:
In case of any queries, please reach out to:
011-430-92248 (Ext: 303) (Monday to Friday – 10:00AM to 06:00 PM (IST))
sbiashascholarship@buddy4study.com.
Apply Link – Click Here
Our Homepage – https://nspstatus.org
Hello Readers! I am Musaib Lone With 3 Year of Experience in Writing Content About Scholarship. With Masters in IT, I love to to write digital content about Government Scholarship Schemes, Private Scholarship Schemes.