SBIF Scholarship for IIT Students 2024: Eligibility, Application, and Awards

SBIF Scholarship for IIT Students 2024: Eligibility, Application, and Awards

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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