The SBIF Scholarship is a prominent scholarship to aid students studying at the Indian Institute of Technology (IIT). This scholarship seeks to reduce the financial stress on deserving students, especially the ones belonging to low-income households. Below is a complete informational edit covering eligibility requirements, awards, documentation, the application procedure, and other relevant information related to the SBIF Scholarship 2024.
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Eligibility Criteria
To be eligible for the SBIF Scholarship, applicants must meet the following eligibility requirements:
Nationality: The applicant has to possess the citizenship of India.
Course Enrollment: Candidates must be in an undergraduate course at any of the IITs in India, irrespective of their year of study.
Academic Performance: A 75% score in the last academic year is necessary for selection.
Family Income: The family’s gross annual income shall be less than INR 6,00,000. Those with a family income of INR 3,00,000 will have more preference.
Additional Preferences
50% of the scholarship is for female students.
SC and ST students will get priority.
SBIF Scholarship Scholarship Award
Selected candidates will receive financial assistance as per the following criteria:
Undergraduate Students from IITs: The maximum possible scholarship for any student may reach up to INR.2,00,000 a year, depending on the financial status as well as the academic standing of the student.
Documents Required
To be eligible for the SBIF Scholarship, the students should provide the following documents:
Marksheet: Most recent official academic marksheet‐ Year 12, university degree or postgraduate degree, whichever is most relevant.
Government-issued Identity Proof: Equivalent of a PAN card
Current Year Fee Receipt: The receipt of the consolidated fee statement of the current academic month
Proof of Admission: Admission document, college membership card, bonafide from current year’s education
Bank account particulars: Bank account of self/ parent for remitting the money
Proof of Income: Income certificate by government, Form 16 A, and income pay slip
Photograph of the Applicant: Passport size recent photograph
Caste Certificate: Caste certificate is only for students belonging to the SC/ST category.
SBIF Scholarship Application Process
Follow the step-by-step guide below to complete your application for the SBIF Scholarship 2024:
- Click the “Apply Now” button on the scholarship portal or log in to your Buddy4Study account.
- Navigate to the “SBIF Asha Scholarship Program” application form.
- Click the “Start Application” option to begin filling out your details.
- Provide the necessary information and upload all required documents.
- Read and accept the terms and conditions.
- Review your application on the preview screen. Ensure that all the details are correct.
- Apply by clicking the “Submit” button.
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How Will Selected Scholars Receive the Scholarship?
The scholarship funds obtained will be sent straight to the students’ accounts, making it easy for them.
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