The SBI Foundation has introduced a scholarship program for all the meritorious students of India who belong to the economically weaker section of society. This scholarship programme is for the students of class 6th to class 12th and for those students who are pursuing undergraduate and postgraduate courses from the top 100 NIRF universities/colleges and IITs or MBA/PGDM courses from IIMs. Financial assistance of up to Rs. 7.5 Lakh per selected student will be provided for the support of their educational endeavors. The scholarship program aims to provide financial assistance & education support to school and college students to ensure that the students can continue their higher education.
The objective of SBIF Asha Scholarship
The objectives of the scholarship programme are as follows:
- The primary objective of launching the scholarship programme is to financially support the meritorious students who belong to economically weaker section of the society.
- Another objective of the scholarship scheme is to identify talented students from disadvantaged backgrounds and ensure that they have access to quality education.
- Thescholarship program aims to provide education support to school and college students to ensure that the students can continue their higher education.
Also Read: Kotak Kanya IIT Bombay Scholarship
Key Highlights of the SBIF Asha Scholarship
| Name of the Scheme | SBIF Asha Scholarship 2024-25 |
| Launched By | The SBI Foundation |
| Beneficiary | Meritorious students of class 6th to class 12th and those students who are pursuing undergraduate and postgraduate courses |
| Benefits | Financial assistance of up to Rs. 7.5 Lakh per selected student will be provided to the meritorious students |
| Objective | To financially support the students who wants to pursue their higher education and help them achieve their academic aspirations |
| Year | 2024 |
| Hosting Site | NIC (National Informatics Center) |
| Mode of Application | Online |
| Scholarship Amount | Rs. 7.5 Lakh per selected student |
| Eligibility | Students from class 6th to class 12th and those students who are pursuing undergraduate and postgraduate courses |
| Official Website | https://www.buddy4study.com/page/sbi-asha-scholarship-program |
Important Dates
- The last date of application for students of all courses is the same date which is 1st October 2024. Applicants should complete the application process before the last date.
SBIF Asha Scholarship Program for School Students
This scholarship is open for students from class 6th to class 12th. This scholarship programme aims to provide financial assistance to meritorious students from low-income families across India. Financial assistance of up to Rs. 15,000 will be provided to the selected students. Under this program 50,% of the slots will be reserved for female applicants and theference will be given to students belonging to the Scheduled Castes (SC) and Scheduled Tribes (ST) categories. To avail the benefit of the scholarship program the annual income of the family should be up to Rs. 3 lakh. Applicants must have score at least 75% marks in previous academic year to get the benefit of the program.
Eligibility Criteria
Eligibility criteria for the school students are as follows:
- Applicant should be a permanent resident of India.
- Applicants should be studying in class 6th to class 12th in the current academic year.
- Annual family income should be less than Rs. 3,00,000/- per annum.
- Applicants must have scored at least 75% marks in the previous academic year.
Financial Benefits
- Under SBIF Asha Scholarship Program for School Students, the financial assistance of up to Rs. 15,000/- will be provided to the selected students.
Also Read: Reliance Scholarship Postgraduate
SBIF Asha Scholarship Program for Undergraduate Students
This scholarship is open for the students pursuing any undergraduate course from top 100 NIRF universities/colleges and IITs or MBA/PGDM courses from IIMs. This scholarship programme aims to provide financial assistance to meritorious students from low-income families across India. Financial assistance of up to Rs. 50,000 will be provided to the selected students. Under this programme, 50% of the slots will be reserved for female applicants and the preference will be given to those students who belongs to the Scheduled Castes (SC) and Scheduled Tribes (ST) categories and also the preference will be given to those students whose annual family income should be less than Rs. 3 Lakh. To get the benefit of the program the applicant should score at least 75% marks in previous academic year.
Eligibility Criteria
Eligibility criteria for undergraduate students are as follows:
- Applicant should be a permanent resident of India.
- Applicants should be students pursuing any undergraduate course from top 100 NIRF universities/colleges and IITs or MBA/PGDM courses from IIMs.
- Annual family income should be less than Rs. 6,00,000/- per annum.
- Applicants must have scored at least 75% marks in previous academic year.
Financial Benefits
- Under SBIF Asha Scholarship Program for Undergraduate Students, the financial assistance of up to Rs. 50,000/- will be provided to the selected students.
SBIF Asha Scholarship Program for Postgraduate Students
This scholarship is open for the students pursuing any postgraduate course from top 100 NIRF universities/colleges and IITs or MBA/PGDM courses from IIMs. This scholarship programme aims to provide financial assistance to meritorious students from low-income families across India. Financial assistance of up to Rs. 70,000 will be provided to the selected students. Under this programme, 50% of the slots will be reserved for female applicants and the preference will be given to those students who belongs to the Scheduled Castes (SC) and Scheduled Tribes (ST) categories and also the preference will be given to those students whose annual family income should be less than Rs. 3 Lakh. To avail the benefit of the program, the applicant should score at least 75% marks in previous academic year.
Eligibility Criteria
Eligibility criteria for postgraduate students are as follows:
- Applicant should be a permanent resident of India.
- Applicants should be students pursuing any postgraduate course from top 100 NIRF universities/colleges and IITs or MBA/PGDM courses from IIMs.
- Annual family income should be less than Rs. 6,00,000/- per annum.
- Applicants must have scored at least 75% marks in previous academic year.
Financial Benefits
- Under SBIF Asha Scholarship Program for Postgraduate Students, the financial assistance of up to Rs. 70,000/- will be provided to the selected students.
SBIF Asha Scholarship Program for IIT Students
This scholarship is open for the students, pursuing any undergraduate course from an Indian Institute of Technology (IIT) in India. This scholarship programme aims to provide financial assistance to meritorious students from low-income families across India. Financial assistance of up to Rs. 2,00,000 will be provided to the selected students. Under this programme, 50% of the slots will be reserved for female applicants and the preference will be given to those students who belongs to the Scheduled Castes (SC) and Scheduled Tribes (ST) categories and also the preference will be given to those students whose annual family income should be less than Rs. 3 Lakh. To get the benefit of the program the applicant should score at least 75% marks in previous academic year.
Eligibility Criteria
Eligibility criteria for postgraduate students are as follows:
- Applicant should be a permanent resident of India.
- Applicants should be students pursuing any postgraduate course from an Indian Institute of Technology (IIT) in India.
- Annual family income should be less than Rs. 6,00,000/- per annum.
- Applicants must have scored at least 75% marks in previous academic year.
Financial Benefits
- Under SBIF Asha Scholarship Program for IIT Students, the financial assistance of up to Rs. 2,00,000/- will be provided to the selected students.
SBIF Asha Scholarship Program for IIM Students
This scholarship is open for the students, pursuing MBA/PGDM course from an Indian Institute of Management (IIM) in India. This scholarship programme aims to provide financial assistance to meritorious students from low-income families across India. Financial assistance of up to Rs. 7,50,000 will be provided to the selected students. Under this programme, 50% of the slots will be reserved for female applicants and the preference will be given to those students who belongs to the Scheduled Castes (SC) and Scheduled Tribes (ST) categories and also the preference will be given to those students whose annual family income should be less than Rs. 3 Lakh. To get the benefit of the program the applicant should score at least 75% marks in previous academic year.
Eligibility Criteria
Eligibility criteria for postgraduate students are as follows:
- Applicant should be a permanent resident of India.
- Applicants should be students pursuing MBA/PGDM course from an Indian Institute of Management (IIM) in India.
- Annual family income should be less than Rs. 6,00,000/- per annum.
- Applicants must have scored at least 75% marks in previous academic year.
Financial Benefits
- Under SBIF Asha Scholarship Program for IIM Students, the financial assistance of up to Rs. 7,50,000/- will be provided to the selected students.
Required Documents
To get enrolled in the scholarship program, the following documents are required:
- Government-issued identity proof (Aadhaar card)
- Marksheet from the previous academic year (Class 10/Class 12/ Graduation/ Postgraduation, as applicable)
- Current year fee receipt
- Proof of current year admission (admission letter/institution identity card/ Bonafide certificate)
- Bank account details of the applicant (or parent)
- Proof of income (Form 16A/income certificate from a government authority/ salary slips, etc.)
- Photograph of the applicant
- Caste Certificate (Wherever Applicable)
Selection Process
The selection of students for the SBIF Asha Scholarship Program 2024-25 will be made on the basis of their academic merit and financial background. It involves a multi-stage process as detailed below:
- Initial shortlisting of the candidates based on their eligibility criteria.
- Document verification.
- Personal interview of the shortlisted candidates after the document verification.
SBIF Asha Scholarship Program Apply Online 2024
To apply for the scholarship programme, please follow the below-mentioned steps:
Step 1: Visit the https://www.buddy4study.com/page/sbi-asha-scholarship-program.
Step 2: On the homepage click on “SBIF Asha Scholarship” under “Ou Work” option.
Step 3: On another page click on the “Apply Here” option.
Step 4: Another page will appear on your screen, then click on the “Apply Now” button.
Step 5: Login with your registered ID and reach on the ‘Application Form Page’. If you are not registered then Register at with your Email/Mobile number/Gmail account.
Step 6: Then you will be redirected to the ‘ SBIF Asha Scholarship for School Students 2023 application form page.
Step 7: Click on “Start Application” and fill in the required details and attach all the relevant documents.
Step 8: Accept the “Terms and Conditions” and click on the “Preview” button.
Step 9: Click on the “Submit” button to complete the application process.
FAQs
Who has launched the SBIF Asha Scholarship 2024-25?
The SBI Foundation has introduced a SBIF Asha Scholarship 2024-25.
Who are the main beneficiaries of the Scholarship Programme?
This scholarship programme is for the students of class 6th to class 12th and for those students who are pursuing undergraduate and postgraduate courses from top 100 NIRF universities/colleges and IITs or MBA/PGDM courses from IIMs.
What is the key objective of this Scholarship Programme?
The primary objective of launching the scholarship programme is to financially support the meritorious students who belongs to the economically weaker section of society.
What is the benefit of this Scholarship Programme?
Financial assistance of up to Rs. 7.5 Lakh per selected student will be provided for the support of their educational endeavors.