M3M Foundation Saakshar Scholarship 2023, Apply Online and Eligibility

If you have recently taken admission in class first or any of the post-graduation courses then you will be able to take benefit from this prestigious scholarship known as the M3M Foundation Saakshar Scholarship 2023. This scholarship is available for the economically backward section of society and all the candidates can apply online for this scholarship scheme by following the application procedure mentioned below. We have also shared with all of you the eligibility criteria that you need to follow in order to be a part of the M3M Foundation Saakshar Scholarship 2023 Make sure that you are applying for this scholarship before the last date in order to be eligible.

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M3M Foundation Saakshar Scholarship 2022
M3M Foundation Saakshar Scholarship

About M3M Foundation Saakshar Scholarship

M3M Foundation Saakshar Scholarship is available to all students who are studying in class from first to post-graduation courses and the main aim of the development of this scholarship is to provide financial help to students who come from low-income families and are not able to complete their education due to the lack of financial opportunities. The students will be provided financial help and this will prevent them from dropping out of their courses. They will be able to start their careers by completing their education with the help of this prestigious scholarship scheme presented by the M3M Foundation. You can also renew your scholarship by following the renewal procedure and you will be able to complete your education with the help of this scholarship in the long run.

Also Check: Sanganeria Foundation Scholarship

Important Dates

  • The application Deadline will update soon

Categories Of M3M Foundation Saakshar Scholarship

There are two categories of scholarship presented by the organization and you can check out the details of both of the categories from the pointers given below:-

  • Scholarship for Students with Financial Hardship: This Scholarship provides financial aid to children of families whose annual income is below 3 lahks. The Scholarship Amount for these recipients will be under the following condition:
    • Students studying in up till class 8 are provided with 100% tuition fees
    • Students studying in classes 9 and above are provided with 75% of the tuition fees
  • Scholarship for Meritorious Students: This Scholarship provides financial aid to meritorious students facing financial hardship to opt for higher professional/ technical education. The students must score a minimum of 85% marks to get eligible for the scholarship.

Renewal Of M3M Foundation Saakshar Scholarship

The scholarship will be renewed each and every year based on the following terms and conditions:-

  • Each scholarship will be reviewed each year by the Programmes Team. 
  • Each year all the continuing scholarship criteria will be re-evaluated so as to ensure the best possible likelihood of subsequent awarding and will be rolled over to the following academic year and offered in addition to any scheduled new scholarships.
  • The Foundation reserves the right to ensure that a suitable pool of applicants exists for a scholarship, and to amend the eligibility criteria accordingly. Where this occurs, all reasonable care will be taken to ensure that the new criteria are in line with the original purpose of the scholarship.

Termination Of Scholarship

Before the scholarship duration is complete, a scholarship may only be terminated under the following circumstances:-

  • The recipient breaches any of the written conditions of the award including not meeting ongoing eligibility criteria;
  • Unsatisfactory academic performance for 2 consecutive terms
  • An applicant takes more than two (2) terms of Intermission; or
  • If the applicant has provided false or misleading information

Selection Procedure

The candidates will be selected by following the following selection procedure:-

  • The applications will on scrutinize base on the following criteria mentioned by the organization:-
    • Financial Hardship
    • Academic achievement
    • Community/extracurricular involvement.
    • Personal or family attributes.
  • All screening of scholarships will administer by the programs team
  • A basic assessment will be to ensure the eligibility of the applicants
  • Only those applicants who are eligible and/or are of the highest caliber will refer for further consideration.
  • All the submitted documents will check and verify by the programs team. 
  • If required the team will get in touch with the institute authorities to verify the details.
  • The team will remove any applicant who does not meet the basic criteria.  
  • The final list of applicants will present to the Management for approval
  • Post approval, the candidate will get information regarding the scholarship.
Eligibility Criteria 

The applicant must follow the following eligibility criteria to apply for the scholarship:-

  • To be eligible, an applicant must not be receiving an equivalent award or Scholarship from another institution or organization.
  • Maintaining a full-time or part-time (if applicable) enrolment.
  • Enrolled in his or her current course of study. Any application for course transfer will require reassessment against the eligibility criteria and may lead to scholarship termination.
  • Maintaining a minimum of 85% of the average score, where academic merit is a condition of the selection criteria.
  • Passing more than 50% of his or her enrolled study load and not failing the same unit two (2) or more times, where satisfactory progression is a condition
Documents Required 

The following documents are require to fill out the application form for the scholarship:-

  • Passport Size Photograph
  • Aadhar Card
  • Current Admission Papers
  • Current Fee Structure
  • Annual Family Income Affidavit (only parent’s income required)
  • Marksheets of most recent examinations and mark sheets of 10th, 12th, graduation, masters, etc.( in a single pdf file)
  • Bank Details of Institution in the format specified in the document.

Also Check: Astral Foundation Scholarship

M3M Foundation Saakshar Scholarship 2023 Application Procedure

To apply for this scholarship you will have to follow the simple procedure given below:-

  • You will first have to visit the M3M website of this scholarship by clicking on the link given here 
M3M Foundation Saakshar Scholarship 2022
Official Website
  • The details related to this scholarship will open on your screen 
  • You have to read the details carefully 
  • Now you have to click on the option called Scholarship Form
Application Form
Scholarship Form
  • A new page will open on your screen and now you will have to fill out the application form for this scholarship by entering your details.
  • Upload all of your documents and successfully submit the application form in order to be eligible for the scholarship.

Contact Details

  •  0124-4109001
  •  info@m3mfoundation.org 
  •  508A, 5th Floor, Golf Course Ext Rd, Sector-67, Gurgaon, Haryana – 122002

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