The OakNorth STEM Scholarship and Mentorship Programme aims to help underprivileged girls get higher education in STEM (Science, Technology, Engineering, and Mathematics) fields. OakNorth, a top fintech company, started this program to show its dedication to increasing gender diversity and helping young women do well in fields where men dominate.

This program’s main goal is to give money to deserving female students from Haryana, Uttarakhand, and Bihar helping them overcome money problems and achieve their school dreams. This program gives eligible students a scholarship of INR 30,000 making sure they have the money they need to keep studying and build a better future in STEM-related subjects.

About OakNorth

OakNorth stands out as a fintech company that’s changing how fast-growing companies get money. It’s made a name for itself by helping the “Missing Middle” – these are promising businesses that boost the economy and create jobs, but often struggle to get quick and flexible loans.

The main goal of OakNorth is to fill a gap in regular banking. It does this by offering money solutions that fit each business helping them grow and come up with new ideas. This drive to make a real difference goes beyond just business – it’s about making society better too.

The OakNorth STEM Scholarship and Mentorship Programme fits right in with this big picture. By putting money into STEM education for girls who don’t have many advantages, OakNorth wants to tackle unfairness, grow talent, and give power to young people who can change things. This programme shows how much the company cares about creating a future where everyone can learn and have chances. It lines up with their bigger aim of pushing progress and making a real difference.

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OakNorth STEM Scholarship Benefits

The OakNorth STEM Scholarship and Mentorship Programme provides significant support designed to empower underprivileged girls who are pursuing education in STEM fields. The programme offers a scholarship of INR 30,000, which helps ease the financial pressures related to tuition fees, learning materials, and other educational expenses. For many students, this financial aid is crucial, allowing them to concentrate on their studies without the stress of financial burdens. 

Alongside financial support, the programme also presents potential mentorship opportunities to assist students in their academic and career paths. When mentorship is available, it gives scholars valuable industry insights, career advice, and the confidence they need to thrive in their selected STEM disciplines.

Eligibility Criteria

Who can Apply?

• Gender: Female students or those who identify as female.
• Conditions: Must be a resident of Haryana, Uttarakhand, or Bihar.

Educational Qualifications

• He passed Class 12 with minimum 80% aggregate (relaxation up to 65% for orphans or children with single parents).
• She is currently pursuing an undergraduate degree in STEM (Science, Technology, Engineering, or Mathematics) at public colleges/universities.

Family Income

• Annual family income should be less than Rs 3.5 lakh.

Who isn’t Elligible?

• Students already receiving scholarships from other sources.
• For enrollment in private institutions.
• Children of OakNorth employees.

These standards ensure that scholarships reach the most deserving, giving them the opportunity to overcome financial barriers and achieve their academic and career goals.

Required Documents

To apply for the OakNorth STEM Scholarship and Mentorship Programme, applicants need to prepare and submit the following documents:  

• Class 10 and Class 12 marksheets: These should reflect your academic performance in previous examinations.  
• Aadhaar Card: This serves as a valid proof of identity.  
• Family Income Proof: Acceptable forms include a letter from the SDM, DM, Tehsildar, or an equivalent authority, proof of income tax returns, or an affidavit.  
• Admission/Provisional Allotment Letter: This document confirms your enrollment in a government college or university for a STEM-related programme.  
• Essay: A personal statement addressing the question, “Why should you be given this scholarship?”  
• Letter of Recommendation: A reference letter from your college or university.  
• Resume: A concise document summarizing your academic achievements, extracurricular activities, and skills.

How to Apply for OakNorth STEM Scholarship

Steps to Apply for the Scholarship

1. Registration or Login

• Visit the Buddy4Study website and either log in with your existing ID or register with email, phone number, or Google.

2. Access Application Form

• Navigate to the ‘OakNorth STEM Scholarship and Mentorship Programme’ page. – Click “Start Application” to begin.

3. Complete Application Form

• Input all necessary personal, academic, and financial details.

4. Upload Documents

• Attach the required documents in the specified formats.

5. Preview and Submit

• Review the application details to confirm accuracy. Click “Submit” to finalize your application.

Selection Process

The OakNorth STEM Scholarship and Mentorship Programme follows a careful and multi-tiered selection process to ensure only the most deserving candidates make it to the final stage:

Merit and Financial Merit Analysis

• The applications undergo shortlisting based on merit and financial background.

Essay Assessment

• The essay submitted is scrutinized to assess the motivations and ambitions of the candidate.

Document Validity Analysis

• All the documents submitted are checked for authenticity.

Telephonic Interview

• Shortlisted candidates are interviewed to determine eligibility for the scholarship.

Final Selection

• OakNorth reviews and approves the final list of recipients. The scholarship provider makes the decision at its discretion.

This holistic process ensures that the scholarship reaches the right student, enabling him to pursue his dreams of STEM education.

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Conclusion

The OakNorth STEM Scholarship and Mentorship Programme gives underprivileged female students a great chance to succeed in STEM fields. It offers INR 30,000 in financial help and possible mentorship support. This program wants to help young women overcome challenges and reach their school and career goals.

If you qualify, don’t let this chance to change your future slip away. Send in your application now and start moving towards your dreams. OakNorth can help you build a better future in STEM!

FAQs

Can I try for the OakNorth STEM Scholarship if I’m doing a diploma in a STEM subject?

No, you can get this scholarship if you’re working on a graduation degree in STEM subjects at government colleges or universities. Diploma courses don’t count for this program.

Can students who took a year off school apply?

Yes, students who took a break from school can apply. They just need to meet all the other requirements, like good grades, family income under the limit, and being signed up for a STEM program at a government college or university.

Will I need to repay the scholarship amount after finishing my studies?

No, it’s a grant, not a loan, so you won’t have to pay it back. However, the scholarship provider might expect recipients to make the most of the opportunity and strive for excellence in their academic and professional endeavours.