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SBIF Asha Scholarship: Eligibility, Application, Awards

The SBIF Asha Scholarship Program, launched by the SBI Foundation, is available under the Integrated Learning Mission (ILM) initiative. This programme supports socially underprivileged students. It is a prominent scholarship in India providing scholarships to deserving students. The SBIF Asha Scholarship is for students from class 6 to postgraduates, motivating and supporting them in their studies by offering scholarships.

If you are looking for the application procedure for the SBIF Asha Scholarship, check out this post.

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SBIF Asha Scholarship Overview

Key features include:

  • Schoolchildren aged 6-12 years and students at PG, UG, MBA and PGDM levels are eligible.
  • Students pursuing higher education will receive financial assistance up to INR 7.5 lakhs.
  • For primary school students, it is up to INR 15,000.
  • The reservation system ensures equal opportunities for all, and 50% of the slots are for women candidates.

Eligibility Criteria

For School Students

  • Must be currently studying in Classes 6 to 12.
  • Secured at least 75% marks in the previous academic year.
  • Gross annual family income should not exceed INR 3,00,000.

For Higher Education Students

  • Must be pursuing undergraduate or postgraduate courses from:
    • Top 100 NIRF universities/colleges
    • IITs
    • IIMs for MBA/PGDM programs
  • Same income and academic performance criteria as above.

Geographical Scope

Applications are open for students residing in specific states and union territories:

  • States: Meghalaya, Goa, Arunachal Pradesh, Sikkim, Mizoram, Tripura, Uttarakhand, Manipur, Himachal Pradesh
  • Union Territories: Andaman & Nicobar Islands, Chandigarh, Daman & Diu, Delhi, Lakshadweep, Puducherry

SBIF Asha Scholarship Awards

The financial aid provided by the SBIF Asha Scholarship Program ensures students can pay tuition fees, purchase study materials, and other academic-related expenses.

For Class 6-12 Students:

  • One-time scholarship of INR 15,000

For Higher Education Students:

  • Scholarship amount of up to INR 7.5 lakh, depending on the course and institution.

Documents Required

Applicants must upload the following documents:

  • First and foremost, your academic record from your last year of education (10th, 12th, graduation level).
  • Next, submit a government ID card (e.g. Aadhaar card).
  • After that, upload a recent scholarship receipt.
  • Next, submit your admission letter, identity card or transition certificate proving your employment guarantee.
  • Bank account details of the applicant or guardian.
  • Finally, the income certificate (Form 16A or multiple pay slips) for self-declaration for income proof.
  • Submit a photo ID and birth certificate.
  • Finally, scan caste proof if required.

SBIF Asha Scholarship Application Process

Applying for the SBIF Asha Scholarship Program is straightforward. Follow these steps:

  • Go to the website of the relevant scholarship.
  • Sign up or log in with your email, mobile number or Google account.

Access the Application Form

  • Scroll down and find the SBIF Asha Scholarship.
  • Click the “Application” button.

Fill in the details

  • Enter your personal, educational and financial information.

Upload Documents

  • You must upload all the required documents listed below.

Submit your Application

  • Go through the completed form in the “Preview” section and submit it.

Selection Process

The selection process ensures that only deserving candidates can benefit from the scholarship. The steps are as follows:

Initial Selection

This selection depends on academic performance and financial status.

Telephone Interview

The initial interview involves a detailed telephone interview to verify the applicant’s eligibility.

Document Verification

Finally, all the documents listed are cross-referenced for verification.

Important Deadlines

  • Application Deadline: November 30, 2024

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FAQs

Can I apply if my household annual income is just over INR 3,00,000?

There is an income limit for this program as it focuses on low-income families.

What if I don’t get 75% in the last academic year before applying?

You will have to meet eligibility criteria in terms of academic performance.

How will I know if my application has been successful?

Successful applicants will be invited to a phone interview via email or phone.

Can non-MBA postgraduate students apply?

Yes, provided they are studying in a NIRF top 100 college or university.

The SBIF Asha Scholarship Program is a great opportunity for students who cannot continue their education because of financial reasons. Don’t miss this chance and start the application process now!

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