Scholarship

Top 7 Prestigious (And Popular) Scholarships for Indian students

1. INSPIRE Scholarship

Inspire is an initiative by the Department of Science & Technology, Government of India, to offer financial aid to students for pursuing courses in Basic and Natural Sciences. This particular program is called the Scholarship for Higher Education (SHE).


Scholarship Eligibility – Students who rank in the top 1% in 12th standard in their board examinations, and are admitted to any B.Sc. or integrated M.Sc. courses are eligible. Students who fall into top 10,000 ranks in JEE (Mains & Advanced) and NEET are also eligible for this scholarship, if they choose to pursue basic and natural sciences.

Scholarship Amount – INR 80,000 per student each year

No. of Seats – 10,000 students are offered this award every year

Application Time – Application starts in November every year

What’s Special – The special feature of this scholarship is that it has no separate entrance examination. It selects the awardees on the basis of existing educational infrastructure. It also provides mentorship support to each scholar.

Check it outhttp://www.online-inspire.gov.in/Account/INSPIREProgramme

2. Kishore Vaigyanik Protsahan Yojana (KVPY)

KVPV is another National Fellowship for students, who want to pursue basic sciences and research. This, too, is an initiative of The Department of Science & Technology, Government of India.


Scholarship Eligibility – Highly-motivated students, studying in class 11th to 1styear of graduation (Science stream), who have an aptitude for science & research, are eligible to apply. Selection is made on the basis of an aptitude test conducted by IISc, Bangalore. For the renewal of scholarship every year, it is mandatory to maintain a good academic record – scoring minimum of 60% each year.

Scholarship Amount
For B.Sc. – INR 5000 per student each year, and an annual contingency fund of INR 20,000
For M.Sc. – INR 7000 per student each year, and an annual contingency fund of INR 28,000

No. of Seats –Anywhere between 300 to 700 students are offered this award every year

Application Time – Application starts in July every year

What’s Special – The exam for this award can be taken in standards 11th and 12th, as well as in 1st year of graduation. This kind of flexibility is not common for such scholarships.

Check it outhttp://kvpy.iisc.ernet.in/main/index.htm

3. HDFC Educational Crisis Scholarship Support

HDFC Scholarship is an initiative by the HDFC Bank to help students in times of crisis such as death of a parent, life-threatening illness, or loss of job of the earning parent, etc.


Scholarship Eligibility– Students in 6th to 12th standard are eligible to apply, on merit-cum-need basis, with a family income less than 3 Lakhs per annum, or family facing a critical financial situation in the past 2 years.

Scholarship Amount
For School –INR 10,000 or tuition fee, whichever is less, every year
For College – INR 25,000 or tuition fee, whichever is less, every year

No. of Seats – More than 1,000 students receive this award every year

Application Time – Application starts in May every year

What’s Special –Students from any stream or course can apply for this scholarship; this flexibility helps the student pick any course of his/her choice.

Check it outhttps://www.hdfcbank.com/htdocs/common/ECSS_scholarship.htm

4. Foundation for Academic Excellence and Access (FAEA)

The FAEA is an initiative by Bharat Heavy Electricals Limited (BHEL) that provides financial assistance to students from economically disadvantaged section, for undergraduate studies.


Scholarship Eligibility– Students belonging to the economically-weaker section in the SC/ST/BPL category, who have passed class 12th or are in their first year of college can apply for this scholarship.

Scholarship Amount - The Scholarship covers the total cost of study of the student, so it varies

No. of Seats – 50 students are offered this scholarship every year

Application Time – Application starts in May/June every year

What’s Special –Students from any stream or course are eligible for this scholarship; what’s more, it covers a wide range of expenses such as tuition fee, hostel fee, maintenance allowance, books, etc.

Check it outhttp://www.faeaindia.org/

5. Indian Oil Academic Scholarships

Indian Oil offers scholarships to students on the criteria of merit and means who want to pursue engineering, medical and management streams.


Scholarship Eligibility– Students who have passed 12th standard from an Indian Board, ITI Diploma, and are in the first year of B.Tech, M.B.B.S., or MBA are eligible for this scholarship.

Scholarship Amount
For 10 and ITI – INR 1000 per month for 2 years For B.Tech. & M.B.B.S.– INR 3000 per month for 4 years
For MBA– INR 3000 per month for 4 years

No. of Seats – 2600 students are offered this scholarship every year

Application Time – Application starts in the month of July and continues till October

What’s Special –This scholarship relies on marks in 12th standard, and does not hold any separate entrance examination. It is also one of the few scholarships for engineering students..

Check it outhttps://www.iocl.com/Aboutus/AcademicScholarships.aspx

6. Aditya Birla Scholarship

The Aditya Birla scholarship is an initiative by the Aditya Birla Group to encourage the bright scholars of our country.


Scholarship Eligibility– This scholarship is available for students studying in premier institutions of engineering, law and management. These are the colleges that are covered in this initiative:
Management: IIMs Ahmedabad, Bangalore, Kolkata, Lucknow, Indore, Khozikode & Shillong, XLRI – Jamshedpur
Engineering (B. Tech): IITs Mumbai, Delhi, Chennai, Kanpur, Kharagpur, Roorkee, Guwahati, BITS Pilani: All campuses.
Law: National Law School of India University, Bangalore, NALSAR University of Law – Hyderabad, The WB National University of Juridical Sciences, Kolkata, National Law University – Jodhpur

Scholarship Amount(per student):
For Management - INR 1,75,000 each year.
For Engineering - INR 65,000 each year.
For Law – Up to INR 1,80,000 each year.

No. of Seats – Only the top 20 students of the respective entrance examinations (in each institution) are eligible to apply for this scholarship.

Application Time – Application for Law and Engineering students takes place during August. Application for Management students takes place in July.

What’s Special- This scholarship takes into account the overall development of a student while making selections. It covers a major part of tuition fee as well as hostel fee. The bright students also have an option to join the Aditya Birla Group after they graduate.

Check it out http://www.adityabirlascholars.net/index.aspx

7. AICTE Pragati Scholarship for Girls

The AICTE Pragati Scholarship is an initiative for young women to continue their higher education, in the technical field. This scholarship is aimed to provide assistance to the education girls belonging to economically weaker families.


Scholarship Eligibility–The student should be enrolled in a degree or diploma course in 1st year in any AICTE-approved institution.

Scholarship Amount
The scholarship offers tuition fee up to INR 30,000 and INR 2000 per month for 10 months.

No. of Seats – A total of 4000 girls are awarded this scholarship every year.

Application Time – Application for this scholarship starts around August/September.

What’s Special –This award is one of the best initiatives to boost female education in India. It does not add the pressure of a separate entrance examination for students.

Check it outhttp://www.aicte-india.org/pragathiSaksham.php