The SBIF Asha Scholarship Program 2024, a monumental educational initiative, is spearheaded by the SBI Foundation as part of its Integrated Learning Mission (ILM). This scholarship seeks to alleviate the financial burden for academically gifted students hailing from economically disadvantaged families across India. It ensures that their educational journey remains uninterrupted. Open to students from Class 6 to 12, as well as those enrolled in undergraduate and postgraduate courses at prestigious institutions, the program extends its support even to MBA/PGDM candidates at IIMs. The selected students stand a chance to receive up to INR 7.5 lakh in financial aid to advance their academic pursuits.
About the SBI Foundation
As the philanthropic arm of the State Bank of India, the SBI Foundation strives to extend its legacy of service far beyond banking. Its initiatives span across 28 States and Union Territories, focusing on a myriad of sectors including Rural Development, Healthcare, Education, Livelihood & Entrepreneurship, and Youth Empowerment. With a mission to foster socio-economic upliftment, the foundation is resolute in driving growth, equality, and positive societal change, particularly for underprivileged communities.
SBIF Asha Scholarship Program for School Students
Eligibility Criteria:
- Open solely to Indian nationals.
- Must currently be enrolled in Classes 6 to 12.
- Achieved a minimum of 75% in the previous academic year.
- Family’s gross annual income should not exceed INR 3,00,000.
Additional Notes:
- 50% of the slots are allocated to female candidates.
- Priority will be extended to those from Scheduled Castes (SC) and Scheduled Tribes (ST).
Scholarship Award:
- Students from Class 6 to 12: INR 15,000 each.
Required Documentation:
- Previous year’s marksheet.
- Government-issued identity proof (Aadhaar card).
- Current academic year’s fee receipt.
- Admission proof for the current year (Admission letter/institution identity card/bonafide certificate).
- Bank account details (of either the student or parent).
- Proof of income (Form 16A, income certificate, or salary slips).
- Applicant’s photograph.
- Caste certificate (if applicable).
Online Application Process:
- Click on the “Apply Now” button.
- Now simply Log on with your registered credentials.
- New users must register via Email, Mobile, or Gmail.
- Navigate to the SBIF Asha Scholarship Program 2024 application page.
- Now Start the application process by selecting “Start Application.”
- Now fill out the online form and upload necessary documents.
- Simply now Agree to the “Terms and Conditions” and preview the application.
- Upon ensuring all details are accurate, submit the application.
Deadline:
October 1, 2024
SBIF Asha Scholarship Program for Undergraduate Students
Eligibility Criteria:
- Indian nationals enrolled in an undergraduate course at a top-ranked institution, as per the latest NIRF rankings.
- Secured at least 75% in the previous academic year.
- Family’s gross annual income should not exceed INR 6,00,000.
Additional Notes:
- Premier institutions include those ranked within the top 100 on the NIRF lists (2023 and 2024).
- Priority will be extended to those with a family income of up to INR 3,00,000.
- 50% of slots are reserved for female applicants, with a focus on SC and ST categories.
Scholarship Award:
- Undergraduate students: Up to INR 50,000.
Required Documentation:
- Previous year’s marksheet.
- Aadhaar card for identification.
- Fee receipt for the current academic year.
- POA-Proof of admission (admission letter/institution identity card/bonafide certificate).
- Bank account details (of either the student or parent).
- Income proof (Form 16A, income certificate, or salary slips).
- Applicant’s photograph.
- Caste certificate (if applicable).
Online Application Process:
- Click “Apply Now.”
- Now simply Log on to and proceed to the SBIF Asha Scholarship Program application form.
- Register if new, or proceed with your registered credentials.
- Complete the form, upload documents, and submit after previewing.
Deadline:
October 1, 2024
SBIF Asha Scholarship Program for Postgraduate Students
Eligibility Criteria:
- Indian nationals enrolled in a postgraduate course at a premier institution, as per the NIRF rankings.
- Minimum of 75% in the previous academic year.
- Family’s gross annual income should not exceed INR 6,00,000.
Additional Notes:
- Priority for those with family incomes up to INR 3,00,000.
- 50% of the slots reserved for female candidates and SC/ST students.
Scholarship Award:
- Postgraduate students: Up to INR 70,000.
Required Documentation:
- Previous academic year’s marksheet.
- Aadhaar card.
- Fee receipt for the current academic year.
- Proof of admission.
- Bank account details.
- Proof of income.
- Photograph.
- Caste certificate (if applicable).
Online Application Process:
- Click “Apply Now.”
- Now simply Log on and fill in the form.
- New users must register to apply.
- Complete the form, upload the required documents, and submit after previewing.
Deadline:
October 1, 2024
SBIF Asha Scholarship Program for IIT Students
Eligibility Criteria:
- Indian nationals enrolled in undergraduate courses at an IIT.
- Secured at least 75% in the previous academic year.
- Family’s gross annual income should not exceed INR 6,00,000.
Additional Notes:
- Preference for families with incomes below INR 3,00,000.
- 50% of slots reserved for female candidates and SC/ST students.
Scholarship Award:
- IIT undergraduate students: Up to INR 2,00,000.
Required Documentation:
- Previous academic year’s marksheet.
- Aadhaar card.
- Fee receipt for the current academic year.
- Proof of admission.
- Bank account details.
- Income proof.
- Photograph.
- Caste certificate (if applicable).
Online Application Process:
- Click “Apply Now.”
- Now simply Log on , fill in the form, and submit.
Deadline:
October 1, 2024
SBIF Asha Scholarship Program for IIM Students
Eligibility Criteria:
- Indian nationals enrolled in MBA/PGDM courses at an IIM.
- Achieved at least 75% in the previous academic year.
- The family’s gross annual income should not exceed INR 6,00,000.
Additional Notes:
- Preference for families with incomes below INR 3,00,000.
- 50% of slots are reserved for female candidates and SC/ST students.
Scholarship Award:
- MBA/PGDM students: Up to INR 7,50,000.
Required Documentation:
- Previous academic year’s marksheet.
- Aadhaar card.
- Current year’s fee receipt.
- Proof of admission.
- Bank account details.
- Income proof.
- Photograph.
- Caste certificate (if applicable).
Online Application Process:
- Press “Apply Now.”
- Now simply Log on , fill in the form, upload documents, and submit.
Deadline:
October 1, 2024
Selection Process for SBIF Asha Scholarship Program 2024
The selection process hinges on academic merit and financial need, following a multi-step procedure:
- Initial shortlisting based on academic and financial criteria.
- Telephonic interviews for shortlisted candidates.
- Final selection after document verification.