SBIF Asha Scholarship Program 2024: Apply Online, Know Eligibility, Documents Required, Benefits

SBIF Asha Scholarship Program 2024: Education is a bridge to a brighter future. However, for many talented students in India, financial constraints often become a significant obstacle in realizing their dreams. Understanding this, the SBI Foundation, under its flagship education initiative Integrated Learning Mission (ILM), has launched the SBIF Asha Scholarship Program 2024. This scholarship program aims to empower meritorious students from economically weaker sections of society by providing financial support to continue their education.

This article will guide you through all the critical aspects of the SBIF Asha Scholarship Program, ensuring no detail is missed and highlighting how it can change lives.

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About SBIF Asha Scholarship Program 2024

The SBIF Asha Scholarship Program is one of India’s largest scholarship initiatives, designed to assist students from Class 6 to postgraduate levels. Its purpose is to provide financial aid to deserving candidates, enabling them to pursue their education without worrying about monetary barriers.

This scholarship is a part of SBI Foundation’s larger mission to promote equality in education, ensuring that every student irrespective of their background gets the opportunity to achieve their academic and professional goals.

Scholarship Benefits

The program offers generous financial assistance based on the educational level of the students:

Education LevelScholarship Amount
Students in Class 6 to 12₹15,000 (one-time scholarship)
Undergraduate/Postgraduate StudentsUp to ₹7.5 lakh

This financial aid covers expenses like tuition fees, books, and other academic needs, reducing the financial burden on families.

SBIF Asha Scholarship Program 2024 Eligibility Criteria

To apply for the SBIF Asha Scholarship Program, applicants must fulfill the following eligibility requirements:

For School Students (Class 6 to 12):

  1. Must be studying in Class 6 to 12 during the current academic year.
  2. Must have secured 75% or above in the previous academic year.
  3. Family’s gross annual income should not exceed ₹3,00,000.
  4. Applicants must belong to one of these regions:
    • States: Meghalaya, Goa, Arunachal Pradesh, Sikkim, Mizoram, Tripura, Uttarakhand, Manipur, Himachal Pradesh.
    • Union Territories: Andaman & Nicobar Islands, Chandigarh, Daman & Diu, Delhi, Lakshadweep, Puducherry.

For Undergraduate/Postgraduate Students:

  1. Must be studying in one of the top 100 NIRF universities/colleges, IITs, or pursuing MBA/PGDM courses from IIMs.
  2. Must have consistent academic excellence.
  3. Family’s gross annual income should not exceed ₹3,00,000.

Special Considerations

  • Reservation for Female Applicants:
    50% of the scholarships are reserved for female students, promoting gender equality in education.
  • Preference for SC/ST Students:
    Priority will be given to students belonging to Scheduled Castes (SC) and Scheduled Tribes (ST) categories.

Documents Required for Application

Applicants need to provide the following documents to complete their application:

  1. Previous Academic Year’s Marksheet (Class 10, 12, or relevant course).
  2. Government-issued Identity Proof (Aadhaar Card).
  3. Current Year’s Fee Receipt or Admission Letter.
  4. Bonafide Certificate or Institution ID Card (proof of current admission).
  5. Bank Account Details (applicant’s or parent’s).
  6. Income Proof (Form 16A, salary slips, or income certificate).
  7. Applicant’s Photograph.
  8. Caste Certificate (if applicable).

How to Apply for SBIF Asha Scholarship Program 2024

Applying for the SBIF Asha Scholarship Program is a straightforward process:

  1. Visit Buddy4Study Platform:
    • Go to the official Buddy4Study website and log in using your registered email ID or mobile number.
    • If new, register on the platform.
  2. Start Your Application:
    • Navigate to the SBIF Asha Scholarship Program 2024 page.
    • Click on the ‘Start Application’ button.
  3. Fill Out the Application Form:
    • Enter all required details accurately.
    • Upload the necessary documents as mentioned above.
  4. Submit Your Application:
    • Accept the terms and conditions.
    • Preview your application to ensure all details are correct.
    • Click ‘Submit’ to complete the process.

Important Dates

  • Application Deadline: 30th November 2024.

Students are encouraged to apply as early as possible to avoid last-minute hassles.

Selection Process of SBIF Asha Scholarship Program 2024

The selection process is comprehensive, ensuring only the most deserving candidates are chosen:

  1. Initial Shortlisting: Based on academic performance and financial background.
  2. Telephonic Interviews: Conducted for shortlisted candidates to assess eligibility further.
  3. Document Verification: Final step before scholarship disbursement.

Contact Information

For any queries regarding the scholarship:

Why Choose the SBIF Asha Scholarship Program 2024?

The SBIF Asha Scholarship Program is not just about financial aid—it’s about transforming lives. It’s about ensuring that bright, ambitious students have the opportunity to succeed despite financial challenges. By supporting education, the SBI Foundation is building a future where every child can dream big and achieve greatness.

Apply today and take a giant leap toward fulfilling your dreams. Let the SBIF Asha Scholarship Program be your partner in creating a brighter tomorrow!

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FAQs: SBIF Asha Scholarship Program 2024

1. Will I receive this scholarship every year?

No, this is a one-time scholarship. However, eligible students can reapply for subsequent programs.

2. Is an SBI bank account mandatory?

No, any valid bank account can be used.

3. What if my school doesn’t charge fees?

You can provide a bonafide certificate instead of a fee receipt.

4. Are diploma students eligible?

No, diploma students are not eligible for this scholarship.

5. My college isn’t in the top 100 NIRF list. Can I apply?

Unfortunately, the program only supports students from top NIRF institutions, IITs, or IIMs.

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