For students aiming to pursue higher education, securing the necessary finances can often be a hurdle. While many families may have valuable assets like property or savings to offer as collateral, others, especially those from middle-income backgrounds, may not have such resources. This is where student loans without collateral come into play. These unsecured loans allow students to fund their education without putting their family’s assets at risk.

What is a Student Loan Without Collateral?

A student loan without collateral is an education loan that does not require the borrower or their family to pledge any property or valuable assets (like gold or fixed deposits) as security. Also known as unsecured education loans, these loans are based on the applicant’s academic record, the reputation of the institution, and the potential to repay the loan after graduation.

Such loans are ideal for students who may not have substantial family assets but are committed to furthering their education. They can be used to cover expenses like tuition fees, living costs, and other related educational expenditures, without risking family property.

Collateral-Based Loans vs. Collateral-Free Loans

While collateral-free loans offer accessibility to students without significant assets, collateral-based loans require a guarantee of valuable property or savings to secure the loan. These loans typically come with lower interest rates and higher loan limits, making them ideal for students from families with assets. However, these loans carry the risk of losing the pledged asset in case of non-repayment.

Key Features of Student Loans Without Collateral

Unsecured education loans come with several key benefits that make them an attractive option for many students:

1. No Collateral Requirement: The most significant advantage is that no asset is required as collateral. This makes the loan accessible to students who do not have substantial financial backing.
2. Eligibility Based on Academic Merit: Lenders often evaluate the student’s academic performance, the reputation of the institution, and the course selected to assess eligibility. Students from top universities or in-demand courses are more likely to secure these loans.
3. Flexible Loan Amounts: These loans offer varying amounts depending on whether the student is studying domestically or abroad. For domestic studies, the loan amount can range from ₹20 lakh, while for studying abroad, it can extend to ₹50 lakh or more.
4. Simple Documentation: The application process is less complicated than collateral-based loans. Required documents usually include the admission letter, KYC documents, proof of income for the co-applicant, and the course fee structure.
5. Flexible Repayment Terms: Lenders offer flexible repayment plans, which include an initial moratorium period (the time between course completion and loan repayment). Students can start repaying the loan once they have secured employment or are financially capable.
6. Government Subsidy Schemes: Many government schemes, such as the Central Sector Interest Subsidy Scheme and Padho Pradesh Scheme, provide interest subsidies on education loans, reducing the overall financial burden.

Eligibility Criteria for a Student Loan Without Collateral

To be eligible for an unsecured student loan, applicants must typically meet the following requirements:

• Age Limit: Applicants should generally be between 18 to 35 years of age.
• Admission: You must have secured admission to a recognized institution in India or abroad.
• Academic Performance: A strong academic record improves your chances of loan approval.
• Co-Applicant Requirement: Most lenders require a co-applicant (usually a parent or guardian) with a stable income to strengthen the application. The co-applicant’s financial standing plays a significant role in the loan approval process.

Interest Rates and Loan Limits for Student Loans Without Collateral

Interest rates and loan limits can vary based on the lender, the loan amount, and the applicant’s profile.

Interest Rates:

• Domestic Education: Typically ranges from 9% to 15% per annum. The rate may be lower for loans covered by government schemes.
• Study Abroad: The interest rate for loans for international studies is usually higher, between 10% and 15%, due to the increased risks and higher loan amounts.

Loan Limits:

• Domestic Education: Loans generally go up to ₹20 lakh for most courses. For more premium institutions or high-demand courses, loans may exceed ₹20 lakh.
• Study Abroad: Loans can range from ₹10 lakh to ₹50 lakh or more, depending on the course fees, the country of study, and the institution’s reputation.

Repayment Terms and Considerations

• Moratorium Period: Most lenders offer a grace period of 6 to 12 months after course completion before the repayment begins.
• Repayment Tenure: The loan repayment period can extend from 5 to 15 years, depending on the loan amount.
• Flexible EMIs: Some lenders offer flexible EMI options, where the borrower can adjust payments based on their income after graduation.

Government Schemes for Collateral-Free Student Loans

The Indian government offers various subsidized education loan schemes for students, particularly those from economically weaker sections. These schemes make higher education more affordable and accessible:

• Central Sector Interest Subsidy (CSIS) Scheme: This scheme provides interest subsidies to students from economically weaker backgrounds pursuing professional or technical courses in India. The family income must not exceed ₹4.5 lakh per year to qualify.
• PM-Vidya Lakshmi Scheme: Offers collateral-free loans up to ₹7.5 lakh with a 75% credit guarantee and interest subvention for students with an annual family income of up to ₹8 lakh.
• Dr. Ambedkar Central Sector Scheme: Aimed at supporting SC/ST students for postgraduate studies abroad, covering tuition, living expenses, and more.
• Padho Pardesh Scheme: This provides interest subsidies for students from minority communities pursuing higher education abroad.
• National Minorities Development and Finance Corporation (NMDFC): Offers loans up to ₹20 lakh for students from minority communities, without requiring collateral.

State-Specific Student Loan Schemes

Several states in India have introduced student loan schemes to make education more accessible. Some examples include:

• Kerala Higher Education Scholarship Loan Scheme
• Gujarat Education Loan Scheme
• West Bengal Student Credit Card Scheme
• Karnataka Arivu Education Loan Scheme

Top Lenders Offering Student Loans Without Collateral

Several Indian banks and financial institutions provide student loans without requiring collateral. Here’s a snapshot of some popular lenders:

Documents Required for Student Loan Without Collateral

To apply for a collateral-free education loan, you’ll generally need the following documents:

• University Admission Letter with fee details
• Academic Records (Marksheets, degree certificates)
• Income Proof of Co-Applicant (ITR, salary slips, bank statements)
• KYC Documents (Identity and address proof of both applicant and co-applicant)
• Bank Account Details (of the applicant)

How to Apply for a Student Loan Without Collateral?

1. Research Lenders: Compare various lenders, including banks, NBFCs, and government schemes, to evaluate interest rates, loan amounts, and repayment terms.
2. Check Eligibility: Ensure you meet the criteria for the loan, such as admission to a recognized institution and meeting income thresholds.
3. Prepare Documents: Gather necessary documents, including academic records, admission letters, and co-applicant details.
4. Apply: Submit your application online or at a branch, either through the lender’s website or platforms like the Vidya Lakshmi Portal.
5. Approval & Disbursement: Upon approval, you will receive a loan sanction letter with details on the loan amount, interest rate, and repayment terms. The loan will be disbursed directly to your institution or as agreed.

AICTE  Pragati Scholarship for Girls 2024-25

The AICTE Pragati Scholarship for Girls 2024-25 is a transformative initiative that fuels the aspirations of young women eager to pursue technical education. With the promise of a ₹50,000 scholarship awarded annually, this program is designed to bridge financial gaps and empower meritorious female students across India. Here’s everything you need to know about this prestigious scholarship opportunity for the academic year 2024-25.

About the Program

The All India Council for Technical Education (AICTE) is committed to fostering inclusive technical education in India. Through its Pragati Scholarship, AICTE not only champions gender equity but also nurtures talent, ensuring no deserving student is left behind due to financial constraints. With a total of 10,000 scholarships on offer each year, this program is a beacon of hope for girls aiming to excel in diploma and degree courses at AICTE-approved institutions.

Eligibility Criteria

To qualify for this scholarship, applicants must:

• Be female Indian nationals.
• Secure admission to the first year of a diploma or degree program or the second year via lateral entry at an AICTE-approved institution.
• Have a family income below ₹8,00,000 per annum.

Special Note: A family can nominate up to two daughters for this scholarship, ensuring wider reach within households.

Scholarship Benefits

Selected candidates will receive ₹50,000 annually throughout their course duration. This sum can be utilized for tuition fees, purchasing books, or acquiring essential equipment. While hostel and medical charges are not covered, the financial relief provided by the scholarship is substantial.

Moreover, girls from Union Territories and North Eastern states are guaranteed scholarships upon meeting eligibility criteria. This includes regions such as Jammu and Kashmir, Ladakh, Arunachal Pradesh, and Sikkim, among others, ensuring representation from diverse geographies.

Documents Required

Applicants must furnish the following:

• Class 10 and 12 marksheets.
• Aadhaar card.
• Income certificate issued by a State/UT Government.
• Admission letter from the Directorate of Technical Education.
• Receipt of tuition fee payment.
• Bank passbook linked with Aadhaar, showing account details.
• Caste certificate (if applicable).
• Parental declaration form confirming the authenticity of details.

How to ApplyAICTE Pragati Scholarship for Girls 2024-25

Applying for the AICTE Pragati Scholarshipfor Girls is a straightforward online process:

1. Register on the National Scholarship Portal (NSP) and create an account.
2. Navigate to the “Students” section and log in.
3. Complete the One-Time Registration (OTR) process using a mobile application for face authentication.
4. Select the scholarship and fill in the application form.
5. Upload the necessary documents and submit your application.

Important: Ensure accuracy in your application, as any discrepancies or multiple submissions may lead to disqualification.

Cabinet Approves PM Vidyalaxmi Scheme with Rs 3,600 Crore Budget to Support 7 Lakh Students yearly

The PM Vidyalaxmi Scheme has been approved by the Cabinet under the leadership of Prime Minister Narendra Modi. An allocation of Rs 3,600 crore has been made for the period from 2024-25 to 2030-31, with the goal of supporting 7 lakh students in their pursuit of higher education. Loans of up to Rs 10 lakh will be provided for education in domestic institutions, with a 3% interest subsidy and e-vouchers available for qualifying students.

The PM VidyalaxmiScheme :-

1. Loan Amount and Interest Subvention: Under the PM Vidyalaxmi Scheme, loans up to Rs 10 lakh will be offered to students for pursuing higher education. A 3% interest subsidy will be provided on these loans, ensuring that financial constraints are alleviated for students from middle-income families.
2. Streamlined Application Process: A unified online platform, the PM-Vidyalaxmi portal, has been introduced to facilitate the loan application process. Applications for loans and interest benefits can be submitted via this platform, which integrates all banks, simplifying the procedure for students.
3. Collateral-Free Loans: Students whose families earn less than Rs 8 lakh annually will be eligible for collateral-free loans under the scheme. This provision removes traditional barriers such as the need for a guarantor or collateral, making financial assistance more accessible.
4. Support for Merit Students: The scheme has been designed to ensure that no meritorious student is denied access to higher education due to financial difficulties. Collateral-free loans and competitive interest rates will be offered, ensuring that deserving students are supported in their academic journeys.
5. E-Vouchers and CBDC Integration: To ensure efficient disbursement of loans and interest subsidies, e-vouchers and Central Bank Digital Currency (CBDC) wallets will be used for processing payments. This digital approach is expected to streamline transactions, making the process quicker and more efficient.

Eligibility Criteria

The scheme is available to students pursuing higher education in institutions that meet specific quality criteria. Eligible institutions include:

• The top 100 institutions ranked by the National Institutional Ranking Framework (NIRF).
• State government institutions ranked between 101-200 in the NIRF.
• All Central Government institutions.

Initially, 860 institutions have been included in the scheme, benefiting more than 22 lakh students. For loans up to Rs 7.5 lakh, students will also be eligible for a 75% credit guarantee to mitigate the risk for banks and encourage loan disbursements.

Extending Benefits to More Students

The PM Vidyalaxmi Scheme will be extended to 1 lakh additional students each year, provided their families earn less than Rs 8 lakh annually and they are not eligible for other government scholarships or interest subvention schemes. For these students, a 3% interest subvention will be offered on loans up to Rs 10 lakh during the moratorium period.

Focus on Technical and Professional Courses

Preference will be given to students opting for technical and professional courses at government institutions. This focus is intended to enhance the skillset of the youth and prepare them for the demands of a competitive job market.

Financial Outlay and Expected Impact

A significant financial outlay of Rs 3,600 crore has been set aside for the period between 2024-25 to 2030-31. It is estimated that 7 lakh students will benefit from this interest subsidy over the course of the Vidyalaxmi Scheme. The government’s investment reflects its commitment to expanding access to quality education for deserving students.

PM Modi’s Vision for Empowering Youth

Prime Minister Narendra Modi has expressed his support for the PM Vidyalaxmi Scheme, calling it a key step in empowering the nation’s youth and fostering a brighter future for the country. The scheme has been praised as a vital measure for boosting the Yuva Shakti (youth power) of India, contributing to the growth and prosperity of the nation.

Conclusion

The PM Vidyalaxmi Scheme marks an important milestone in the government’s efforts to make higher education more accessible to students across India. By offering collateral-free loans, interest subsidies, and a simplified digital application process, barriers to quality education will be reduced, ensuring that more students can realize their academic and professional goals. With a strong focus on merit, transparency, and empowerment, the scheme is expected to play a pivotal role in building a skilled and educated workforce for India’s future.

Interested students can apply for the scheme through the PM-Vidyalaxmi portal, where they can find further details and submit their applications for financial assistance.

Madhya Pradesh Government has launched the Madhya Pradesh Scholarship Portal 2.0

India offers a range of scholarships to students from different economic and social backgrounds, and Madhya Pradesh has taken steps to streamline the process through the Madhya Pradesh Scholarship Portal 2.0. This online platform helps users easily navigate and control various scholarship programs specific to each state, enabling them to pursue higher education without financial obstacles. The Madhya Pradesh Scholarship Portal 2.0 is an online platform designed to help students in Madhya Pradesh access various scholarship programs offered by the state government.

Easy Application Process

Students can apply for scholarships, track their applications, and receive funds directly in their bank accounts through Direct Benefit Transfer (DBT).

Improved Management and Transparency

This portal enhances scholarship management by making the process transparent and ensuring that eligible students from marginalized communities can pursue their education without financial concerns. It is linked to platforms such as Aadhaar to enable fast updates and secure verification, removing the necessity of submitting physical documents.

Diverse Scholarship Options

The portal offers a wide range of scholarships for students from SC, ST, OBC communities, and others at all educational levels. Special programs like the Gaon Ki Beti Yojana and Pratibha Kiran Scholarship are available to support girls from rural and urban areas.

User-Friendly Interface

With an easy-to-use interface, students can register, complete their profiles, and apply for scholarships seamlessly. They can also track their application status and resolve issues through an integrated complaint resolution system.

Commitment to Inclusivity

Overall, the Madhya Pradesh Scholarship Portal 2.0 reflects the state government’s commitment to empowering students, especially those from underprivileged backgrounds. By removing financial barriers, the portal promotes equal access to education and supports the academic success of the youth in the state.

Types of Scholarship in Madhya Pradesh and their eligibility criteria

1. Post-Matric Scholarship Scheme (SC/ST/OBC)

The Post-Matric Scholarship Scheme aims to provide financial support to students from Scheduled Castes (SC), Scheduled Tribes (ST), and Other Backward Classes (OBC) who are studying beyond Class 10. This scholarship covers various educational courses from Class 11 up to postgraduate studies.

Scholarship Components

Tuition Fee: The scheme reimburses the tuition fees paid by the student for their course.

Maintenance Allowance: A fixed amount is provided to help cover daily living expenses, books, and other essentials.

Eligibility Criteria

• Candidates must belong to SC, ST, or OBC communities.
• They must be enrolled in a post-matriculation course.
• The yearly family earnings must not surpass ₹6,00,000for SC/ST applicants and ₹3,00,000 for OBC applicants.

2. Mukhyamantri Medhavi Vidyarthi Yojana (MMVY)

The Mukhyamantri Medhavi Vidyarthi Yojana supports meritorious students who excel in their Class 12 exams and wish to pursue professional courses like engineering, medical, law, or other higher education degrees at recognized institutions.

Eligibility Criteria

• Students must score at least 70% in Class 12 from a state board or 85% from the CBSE.
• Annual family income should not exceed ₹6,00,000.
• They must be enrolled in recognized institutions.

Benefits

• Provides financial support of up to ₹1,50,000 each year for students in government or private institutions to cover tuition fees.
• For prestigious institutions like IITs or IIMs, it covers 100% of tuition fees.

3. Gaon Ki Beti Yojana

The Gaon Ki Beti Yojana supports rural girl students in pursuing higher education through financial aid.

Eligibility Criteria

• The female student must reside in a rural area.
• She must have passed Class 12 with at least 60% marks.

Benefits

• A fixed scholarship of ₹500 per month for 10 months for eligible female students.

4. Pratibha Kiran Scholarship

The Pratibha Kiran Scholarship aims to support urban female students who excel academically in Class 12 and come from economically weaker sections.

Eligibility Criteria

• Applicants must be residents of urban areas.
• They must score at least 60% in Class 12.
• Family income must meet specified limits based on category.

Benefits

• Provides ₹500 per month for 10 months to support higher education, including undergraduate studies.

5. Vikramaditya Scholarship

The Vikramaditya Scholarship assists General category students from economically weaker sections in continuing their post-secondary education.

Eligibility Criteria

• Candidates must be part of the General category.
• The annual household income should not go over ₹1,00,000.
• They must score at least 60% in Class 12.

Benefits

• A fixed amount of ₹2,500 is provided to eligible students pursuing undergraduate or equivalent courses.

6. Awas Sahayata Yojana

The Awas Sahayata Yojana offers financial assistance for accommodation to students from SC/ST categories pursuing higher education away from home.

Eligibility Criteria

• Applicants must belong to Scheduled Caste (SC) or Scheduled Tribe (ST) categories.
• They must be enrolled in a recognized institution and need to relocate for their studies.

Benefits

• Provides financial support for accommodation costs in hostels while studying in a different city or state.

How to Sign up for Madhya Pradesh Scholarship Portal 2.0?

Registering on the MP Scholarship Portal 2.0 is straightforward, and students need to follow these steps.

Step 1: Go to the MP Scholarship Portal 2.0’s official website. Madhya Pradesh Scholarship Portal 2.0 – Main Page

Step 2: Press the “New Registration” button and input essential information including name, phone number, email address, Aadhaar number, and date of birth.

Step 3: After signing up, finalize your profile by including information like educational background, caste group, and bank details for Direct Benefit Transfer (DBT).

Step 4: Once you finish creating your profile, choose the suitable scholarship program and complete the application form. Make sure to submit all necessary documents such as income certificates, caste certificates, academic transcripts, and Aadhaar information.

Step 5:Thoroughly assess your application prior to sending it in. Once you submit your work, you will receive a receipt confirming its submission. Utilizing this receipt enables you to verify the status of your application.

Required Documents for Scholarships on Madhya Pradesh Scholarship Portal 2.0

When applying for scholarships, applicants must submit scanned copies of the following documents:

1. Aadhaar Card: Identification proof.
2. Income Certificate: Provided by an authorized official.
3. Caste Certificate: Required for SC/ST/OBC candidates.
4. Academic Records: Documentation from the examination relevant for eligibility.
5. Residence Proof: Necessary for schemes like Gaon Ki Beti Yojana.
6. Bank Passbook: Needed for Direct Benefit Transfer purposes.
7. Passport-sized Photo: A current small photograph.

Colgate Keep India Smiling Scholarship 2024-25 for BDS/MDS Students

Program Information

The Colgate Keep India Smiling Scholarship 2024-25, initiated by Colgate-Palmolive (India) Limited, aims to empower bright and talented students facing financial challenges. This scholarship is part of the company’s broader corporate social responsibility efforts to promote education and uplift those who lack the financial means to pursue higher studies.

The program offers financial assistance specifically to students pursuing Bachelor of Dental Surgery (BDS) or Master of Dental Surgery (MDS) at recognized institutions in India.

Benefits:

BDS or MDS students: Eligible students will receive a one-time scholarship award of INR 75,000 to help them continue their studies and achieve their academic goals.

Last date to apply for this Scholarship is – 31 OCTOBER,2024

Colgate Keep India Smiling Scholarship for BDS Students 2024-25

Eligibility for BDS Students

• Available for students of any year currently registered in the BDS program.
• Students must have passed the 12th grade board exam with at least 65% marks.
• Students enrolled in any year of the BDS program are eligible to apply for the scholarship.
• BDS students in their second, third, and fourth years need to have achieved a minimum of 60% in their most recent semester in order to be eligible to apply.
• Students are required to be registered at an accredited government or private college or institution.
• The annual family income of applicants must not exceed INR 8 lakh.
• Applicants must be citizens of India in order to apply.

Colgate Keep India Smiling Scholarship for MDS Students 2024-25

Eligibility for MDS students

• Available for students who are presently registered in the MDS (Master of Dental Surgery) program.
• Candidates must have passed the Class 12 board exam with at least 65%.
• Candidates need to achieve a minimum score of 60% in their BDS to be considered for admission.
• Students need to be registered at an accredited public or private university or institution.
• The annual family income of applicants must not exceed INR 8 lakh.
• Applicants must be citizens of India in order to apply.

Documents requirements for Colgate Keep Smiling Scholarship 2024-25

• Proof of identity through a photograph (Aadhaar Card)
• Picture of the candidate in a small passport size.
• Proof of income (Form 16A/income certificate from government/BPL certificate/salary slips, etc.)
• Verification of enrollment (College ID card/bonafide certificate, etc.)
• Receipt of fees for the ongoing academic year
• Bank account information of the scholarship candidate (cancelled check/passbook replica)
• Marksheets or report cards from the previous academic year.
• Certificate of disability (if necessary)

How to Apply for Scholarship

• Press the button labelled ‘Apply Now’ located beneath.
• Login to Buddy4Study with your given ID and reach the ‘Application Form Page’.
• Sign up on Buddy4Study by making an account with your Email/Mobile number/Google account if you haven’t already joined.
• You will be directed to the application form page for the ‘Colgate Keep India Smiling Scholarship 2024-25 for BDS/MDS students’ shortly.
• Press the ‘Start Application’ button to initiate the application procedure.
• Fill in the required details on the digital application form.
• Submit necessary files
• Agree to the ‘Terms and Conditions’ and select ‘Preview’.
• When all the applicant’s information is accurately displayed on the preview screen, press the ‘Submit’ button to finalize the application.

­­IDP IELTS launch Scholarships for Indian test takers worth Rs 30 lakh prizes

IELTS celebrating success award:IDP Education in India, the exclusive provider of IELTS exams, has introduced the IELTS Celebrating Success Award to help students and professionals worldwide achieve their global goals. The program will offer 300 prizes, all valued at Rs. 10,000 will be awarded to individuals who attain a total band score of 6 or above in their IELTS examination.

IDP IELTS India set 33% of Scholarships for Females

 This program will give incentives to 100 individuals every month in India to achieve their educational, employment, and immigration aspirations overseas. Furthermore, in order to encourage diversity and gender equality in international education, IDP IELTS India has set aside 33% of the scholarships for women applicants.

How to qualify IDP IELTS India Scholarship?

In order to qualify for the prize, individuals must be at least 18 years old and must schedule an IELTS exam—either Academic or General Training—sometime from 1st October 2024 to 31st December 2024. The panel will choose the winners based on qualitative answers to specific questions and announce them by the 15th of the next month.
Piyush Kumar, Regional Director – South Asia & Mauritius, expressed that IDP IELTS is strongly dedicated to helping individuals and offering opportunities for international achievement. Our goal is to enable students and professionals to reach their global education, career, and relocation aspirations through providing top-quality English language testing services.

IDP IELTS India scholarships worth Rs 30 lakhs

In order to continue supporting these goals, we are delighted to present the ‘IELTS Celebrating Success Award’, a program created to honour the accomplishments of top-performing IELTS exam participants. With awards totalling Rs 30 lakhsthis program highlights our commitment to helping individuals seek international opportunities.

In the previous year, 4 million individuals worldwide took the IELTS exam for purposes of pursuing education, employment, or immigration. IDP is continuously putting resources into expanding the IELTS presence to aid India’s increasing desire for global opportunities. Additionally, IELTS scores can be obtained in just 2 days for Computer-based tests and in 7 days for Paper-based tests.

This award not just recognizes the accomplishments of the candidates but also strengthens IELTS’s dedication to enabling students and professionals in pursuing their worldwide goals.

HDFC Bank Parivartan’s ECSS Programme for Postgraduate Students (2024-25): A Merit-Cum-Need Based Scholarship

HDFC Bank Parivartan’s ECSS (Educational Crisis Scholarship Support) Programme 2024-25 is a scholarship initiative aimed at providing financial assistance to meritorious and underprivileged students across India. Under this programme, students pursuing various educational levels, including postgraduate courses, who are unable to afford their education due to financial hardships, are supported. The scholarship helps ensure that students facing personal or family crises can continue their studies without interruption.

About the Program

HDFC Bank, through its social initiative ‘Parivartan,’ strives to uplift students from financially weaker sections, making education accessible to those who need it most. The ECSS programme provides monetary aid to students who are at risk of dropping out due to financial crises or other challenges. For the academic year 2024-25, the programme offers financial assistance of up to INR 75,000 to students pursuing various academic paths, including diploma, ITI, polytechnic, undergraduate, and postgraduate courses.

This initiative is part of HDFC Bank’s broader mission of fostering development in areas like education, rural progress, skill development, and livelihood enhancement, making a tangible difference in the lives of individuals and communities.

Eligibility Criteria

To apply for the HDFC Bank Parivartan’s ECSS Programme 2024-25, students must meet the following eligibility criteria:

• Academic Level: Applicants must be enrolled in postgraduate programs, which include both general courses (such as M.A., M.Com., etc.) and professional courses (such as M.B.A., M.Tech., etc.), at recognized colleges or universities in India.
• Academic Performance: Students must have passed their previous qualifying examination with at least 55% marks.
• Income Criteria: The annual family income of the applicant should not exceed INR 2.5 lakh.
• Crisis Preference: Preference is given to students who have faced personal or family crises within the past three years, making it difficult for them to afford their education, putting them at risk of dropping out.
• Nationality: Only Indian nationals are eligible for this scholarship.

Scholarship Benefits

Selected students will receive financial support based on their educational level:

• General Postgraduate Students: Up to INR 35,000
• Professional Postgraduate Students: Up to INR 75,000

This assistance can be used to cover tuition fees, study materials, and other educational expenses, ensuring students can focus on their academic success without worrying about financial constraints.

Required Documents

Applicants must submit the following documents to complete the application process:

1. Passport-size Photograph: A recent photograph of the applicant.
2. Academic Marksheets: Previous year’s marksheets (2023-24).
3. Identity Proof: Aadhaar Card, Voter ID, or Driving License.
4. Admission Proof: Current year’s fee receipt, admission letter, institution ID card, or bonafide certificate (2024-25).
5. Bank Details: Bank passbook or cancelled cheque (applicant’s details will also be captured in the application form).
6. Income Proof: Any one of the following documents:
   • Income certificate issued by Gram Panchayat, Ward Counsellor, or Sarpanch
   • Income certificate issued by SDM, DM, CO, or Tehsildar
   • Affidavit
7. Crisis Proof (if applicable): Documentation to prove personal or family crisis, such as medical records, death certificates, etc.

How to Apply?

Students can apply for the HDFC Bank Parivartan’s ECSS Programme 2024-25 by following these steps:

1. Click on the ‘Apply Now’ button on the Buddy4Study portal.
2. Log in using a registered Buddy4Study account. If you do not have an account, create one using your email, mobile number, or Gmail account.
3. After logging in, you will be directed to the HDFC Bank Parivartan’s ECSS Programme 2024-25 application form page.
4. Click on the ‘Start Application’ button to begin the process.
5. Complete the online application form by filling in all the required details.
6. Upload the relevant documents as specified.
7. Accept the ‘Terms and Conditions’ and review the application details on the preview screen.
8. If everything is correct, click on the ‘Submit’ button to finalize the application.

Conclusion

The HDFC Bank Parivartan’s ECSS Programme 2024-25 is a beacon of hope for students who may otherwise face educational disruption due to financial challenges. By offering this merit-cum-need-based scholarship, HDFC Bank is making strides in ensuring that deserving students can continue their education and work towards a brighter future.

The SBIF Asha Scholarship Program 2024, launched by the SBI Foundation under its education initiative Integrated Learning Mission (ILM), is one of India’s largest and most impactful scholarship programs. It is aimed at providing financial support to talented students from low-income families, ensuring they can continue their education without the hindrance of financial limitations. This scholarship focuses on helping students pursuing postgraduate courses in India’s premier institutions listed in National Institutional Ranking Framework (NIRF) universities and colleges.

About the Program

The SBIF Asha Scholarship Program is open to students enrolled in postgraduate programs in top-ranked institutions across India. The initiative primarily supports meritorious students from economically weaker sections, offering scholarships that can go up to INR 7.5 lakh. This substantial financial assistance covers tuition fees, study materials, and other related educational expenses, ensuring that deserving students have the resources to complete their education.

Key Highlights:

• Eligibility: Students pursuing postgraduate courses (any year) in one of India’s top 100 NIRF universities or colleges.
• Financial Support: Scholarships up to INR 7.5 lakh.
• Focus on Inclusivity: 50% of slots reserved for female students and preference given to students from SC/ST communities.

Eligibility Criteria

To qualify for the SBIF Asha Scholarship Program 2024, applicants must meet the following requirements:

• Educational Qualification: Must be enrolled in a postgraduate course at one of the NIRF-ranked institutions or NITs in India.
• Academic Performance: Applicants should have secured 75% or above in their last academic year.
• Income Limit: The annual family income of the applicant should not exceed INR 6,00,000.
• Nationality: Applicants must be Indian citizens.

Special Considerations:

• Preference will be given to students with an annual family income of up to INR 3,00,000.
• 50% of the scholarship slots are reserved for female students.
• Preference is extended to applicants from Scheduled Caste (SC) and Scheduled Tribe (ST) backgrounds.

Scholarship Benefits

Students selected for the SBIF Asha Scholarship Program can receive up to INR 70,000 to cover a variety of educational costs, including tuition fees, books, and other essential academic resources.

Documents Required

Applicants must submit the following documents as part of their application process:

1. Academic Marksheet: From the previous academic year (Class 10, 12, Graduation, or Postgraduation).
2. Government-Issued Identity Proof: Aadhaar card or equivalent.
3. Fee Receipt: Proof of payment for the current academic year.
4. Admission Proof: Admission letter, institution identity card, or a bonafide certificate from the current year.
5. Bank Account Details: Applicant’s or parent’s bank account details.
6. Income Proof: Income certificate, Form 16A, or salary slips from a government authority.
7. Photograph: Recent passport-sized photograph of the applicant.
8. Caste Certificate: For applicants belonging to SC/ST categories, wherever applicable.

Application Process

Interested students can apply for the SBIF Asha Scholarship Program 2024 by following the steps below:

1. Visit Buddy4Study: Navigate to the official Buddy4Study platform and click on the ‘Apply Now’ button for the SBIF Asha Scholarship.
2. Login/Register: If you already have a Buddy4Study account, log in with your registered credentials. New users can create an account using their email, mobile number, or Google account.
3. Application Form: Once logged in, you will be redirected to the SBIF Asha Scholarship Program 2024 application form page.
4. Complete Application: Fill out the required details, upload the necessary documents, and carefully review the information.
5. Submit: After verifying all details, accept the ‘Terms and Conditions’ and submit the application.

By providing access to quality education and removing financial barriers, the SBIF Asha Scholarship Program 2024 is shaping the future of India’s youth. This program empowers talented students from marginalized communities to pursue their academic dreams and contribute to the nation’s development.

Reliance Foundation offering Postgraduate Scholarships 2024-25

About the Program

For over 25 years, Reliance has been offering scholarships to deserving students, driven by the vision of Reliance Founder-Chairman Shri Dhirubhai Ambani, who believed that investing in youth is essential for national progress. The Reliance Foundation’s scholarship programs have positively influenced the lives of 23,000 young people across India.

Since the 2022-2023 academic year, the Reliance Foundation has supported 5,100 students annually. This includes 5,000 talented undergraduate students from underprivileged backgrounds pursuing any field of study through the Reliance Foundation Undergraduate Scholarships, and 100 of India’s brightest postgraduate students enrolled in select future-oriented courses in Engineering, Technology, Energy, and Life Sciences via the Reliance Foundation Postgraduate Scholarships.

Eligibility

• Open to first-year students in a full-time postgraduate degree program pursuing select future-ready courses in Engineering, Technology, Energy, and Life Sciences.
• Must have scored between 550 and 1,000 on the GATE exam.
• If GATE was not attempted, must have a CGPA of 7.5 or above (or a percentage normalized to CGPA).
• Applicants must be resident Indian citizens.

Benefits

• Up to INR 6,00,000 throughout the duration of the degree program.

Note: Scholars will also have access to additional engagement and development activities, including talks and workshops with global experts, mentoring and internship opportunities, volunteer work, and a strong alumni network, while joining a vibrant community dedicated to shaping a new India.

Required Documents

Applicants must attach the following documents with their application:

• Passport-sized photograph
• Proof of permanent address
• Current resume
• Marksheets for Class 10 and 12 board examinations
• GATE marksheet (if applicable)
• Official transcript/marksheet of undergraduate degree
• Bonafide Student Certificate from the current college/institution
• Two essays: Personal Statement and Statement of Purpose
• Two reference letters: one academic and one character
• Experience certificate(s) from work or internships (if applicable)
• Official Disability Certificate from the relevant Government authority (if applicable)

How to Apply

1. Click the ‘Apply Now’ button below.
2. Log in to Buddy4Study with a registered ID to access the ‘Online Application Form Page.’ If not registered, sign up using your email, mobile number, or Google account.
3. You will be redirected to the ‘Reliance Foundation Postgraduate Scholarships 2024-25’ official page. Note that the application must be submitted on the Reliance Foundation’s official page.
4. Complete the online Eligibility Questionnaire. If you meet the criteria, you will receive an email invitation with login details for the Reliance Foundation application portal.
5. Log in to the application portal using the credentials provided in the email.
6. Complete the scholarship application form and upload the required documents.
7. Submit your application.

Important Note

All applicants must complete an online aptitude test as part of their application. After submission, you will receive a confirmation email with the exam date and time. One week prior to the test, you’ll receive links for both the final exam and a practice test. Your application will only be considered complete once you finish the aptitude test. Scores will be sent directly to Reliance Foundation, and applicants will not receive their scores.

Adani Gyan Jyoti Scholarship 2024-25

Recently, Adani group of industries bringing good news for medical students. Adani Group has introduced Adani Gyan Jyoti Scholarship 2024-25 for medical students.

The Adani Gyan Jyoti Scholarship 2024-25 is a transformative initiative by the Adani Group, dedicated to empowering aspiring medical professionals from economically weaker backgrounds. This scholarship specifically targets first-year students who excel academically and aim to pursue MBBS programs.

Designed for talented individuals from Andhra Pradesh, Rajasthan, Gujarat, Odisha, and Chhattisgarh, this scholarship offers selected students the opportunity to receive an annual financial support of up to INR 3,50,000. With this assistance, financial constraints will no longer stand in the way of your dream to make a difference in the medical field.

Adani Group

The Adani Group is an Indian conglomerate that operates in a variety of sectors, including energy, infrastructure, logistics, and agribusinessand real estate. Founded by Gautam Adani in 1988, the group is headquartered in Ahmedabad, Gujarat. 

Adani Transmission oversees a vast system of power transmission lines, while Adani Gas concentrates on distributing natural gas. The group’s expansion includes agribusiness via Adani Wilmar and real estate development through Adani Realty.

Furthermore, the Adani Group has expanded its areas of operation to encompass mining, as well as aerospace and defence industries. The group is crucial in advancing India’s infrastructure, guaranteeing energy security, and encouraging overall economic growth and nation-building by effectively balancing growth with ethical practices.

These are some requirements to apply for Adani Gyan Jyoti Scholarship 2024-25

Qualification

• Residents from Andhra Pradesh, Rajasthan, Gujarat, Odisha, and Chhattisgarh are permitted to study in any state in India.
• First-year MBBS students exclusively qualify to submit their applications.
• Candidates need to have successfully completed their Class 12 board exams in either 2023 or 2024 and secured admission based on their performance in national/state examinations.
• Candidates need to have achieved a NEET All India rank in the top 15,000.
• Applicants must not have a total annual family income exceeding INR 4,50,000 from any sources.
• Offsprings of workers at Adani Group and Buddy4Study are not qualified.

Note: Students in the BDS program are not eligible.

Benefits:Annual tuition fees up to INR 3,50,000 per year

Documents

• Government-issued identity proof (Aadhaar card/voter ID card/driving license/PAN card)
• Current year college/institution enrollment proof (fee receipt/admission letter/institution identity card/bonafide certificate, etc.)
• Family income proof or salary slips (for the last 3 months) or IT Return Form
• Class 12-mark sheet
• Entrance rank certificate
• Counselling letter for seat allotment
• Family income certificate
• Bonafide certificate issued by the college
• Fee structure for the course issued by the college
• Parent’s or guardian’s declaration
• Previous year mark sheet
• Bank account details of the applicant
• Recent photograph

What is the process for applying?

• Press the button label ‘Apply Now’ located underneath.
• Sign in to Buddy4Study using your designated ID and you will be directed to the ‘Application Form Page’. If you are not already registered, sign up on Buddy4Study using your Email/Mobile number/Google account.
• The next step is to be redirected to the application page for the ‘Adani Gyan Jyoti Scholarship 2024-25’
• To initiate the application process, click the ‘Start Application’ button.
• Complete the necessary information in the digital application form.
• Submit pertinent files.
• Agree to the ‘Terms and Conditions’ and then select ‘Preview’.
• Click on the ‘Submit’ button to finish the application process once all the details provided by the applicant are accurately displayed on the preview screen.