SBIF Asha Scholarship Program 2024: Know how to Apply and Fact check

The SBIF Asha Scholarship Program 2024 is one of the largest scholarships in India, launched by SBI Foundation under the education vertical — Integrated Learning Mission (ILM). Their Education Continuation Programme for underserved children This programme offers financial support to exceptional students from low income families across the length and breadth of India and helps in their educational continuance.

Students from Class 6 to 12 and those pursuing undergraduate and postgraduate courses are eligible for this scholarship who are studying in a top 100 NIRF ranked university/college or IITs, Or MBA course from IIMA. All the qualified students will be entitled to receive scholarships up to INR 7.5 Lac each facilitating their academic exposure.

It focuses on important areas such as, Rural Development / Healthcare / Education-Livelihood & Entrepreneurship/ Youth Empowerment/Promotion of Sports. The Foundation is committed to promoting socio-economic development and encouraging underprivileged communities, in line with the core values of the SBI group by establishing ethical interventions for growth, equality & positive social impact.

SBIF Asha Scholarship Program 2024 Documents requirements

Applicants submit the following documents:

SBIF Asha Scholarship Program 2024
SBIF Asha Scholarship Program 2024
  • Marksheet from the previous academic year.
  • Government-issued identity proof (Aadhaar card).
  • Current year fee receipt.
  • Proof of current year admission
  • Bank account information.
  • Proof of income
  • Recent photograph of the applicant.
  • Caste certificate (if applicable).

Eligibility of SBIF Asha Scholarship Program 2024

Applicants must meet the following criteria:

  • Only Indian Nationals are eligible to apply for the programme and it is available to both men and women.
  • Half of the slots are guaranteed for female applicants.
  • SC/ST category- of students from SC and ST categories prefered which means that the upper class like general gets little Opportunity.
  • Similarly students who are in class 6 to 12, Bachelor’s courses, engineering courses and Master programme & will/ have been studying at IITs/IIMs.
  • Must have received at least 75% of the possible points during the previous school year.
  • Students whose family income does not exceed 3,00,000 p.a will appear in the first place.
  • Annual family income of applicants must not be over 6,00,000.
  • Students studying in any of the very bonafide colleges or universities (listed within Top 100 Institutes by NIRF) and pursuing an undergraduate/post-graduate course from Indian Universities/Institutes.
  • Applicants must be enrolled in an undergraduate program at the Indian Institute of Technology (IIT) in any year.
  • Candidates pursuing MBA/PGDM courses, in any year from IIMs located anywhere in India are eligible for this scholarship.

SBIF Asha Scholarship Program 2024 Apply Online

  • Visit Our Official Website.
  • The details of the program should be read carefully.
  • Scroll down and hit “Register” with all necessary details.
  • Complete Registration and now the user received credential Login.
  • Now, Log in with your details and then Click on Apply Button.
  • There, you will be guided to the application form. Submit all your details correctly.
  • Compile the required paperwork in accordance with the application guidelines.
  • Place these documents in the respective sections of the application form.
  • Review everything before any submission.
  • Then, click on the “Submit” button to apply.

Types of SBIF Asha Scholarship Program

SBIF Asha Scholarship Program for School Students

Awards:

  • Classes 6th to 12th : INR 15,000 each

NOTE:

  • 80% of Admission Slots Held by Females
  • SC and ST category students will be given preference.

SBIF Asha Scholarship Program for Undergraduate Students

Awards

  • Undergraduate Students : Up to INR 50,000

NOTE:

  • Top 100 National Institutional Ranking Framework (NIRF) List for Universities and the top in NIRF List of Colleges will be from those Premier Institutes Plus Rs300 Crores annually -2023 & 2024 by Ministry of education, Government Of India).
  • It will also cover all National Institutes of Technology (NITs). Students with a family income upto 3,00,000 per annum will be given preference.
  • 50% of the slots are designated to Female Candidates.
  • Students of the Scheduled Castes (SC) and ST categories will get priority.

SBIF Asha Scholarship Program for IIM Students

Awards:

  • IIMs MBA Students : Up to INR 7,50,000

NOTE:

  • Students from the families with annual income up to INR 3,00.000 will be given preference in selection of candidates for awarding scholarship.
  • 50% of the slots go to female applicants.
  • Selection will be done on the preferred basis of SC/ST students.

Renewal of the SBIF Asha Scholarship Program

This SBI Scholarship is given every year to the students who are studying in class 6th, 7th,8 th,9ths10,last12,Candidates of Research Pack-A and B. For the next session, students can apply for re-scholarship given that they are in compliance with the criteria. This is maintained so the candidates each year will get the grant as per actual need, that rounds out a legitimate distribution and fair share of funds.‍

Fact check about SBIF Asha Scholarship Program 2024

SBIF Asha Scholarship Program 2024 by the SBI Foundation is a great initiative for financially weaker section students all over India. The scholarship amount that this program provides a financial aid ranging from INR 15,000 to INR 7.5 lakh depending on the level of education (from Class-VI th students and upto PG courses in reputed institutions such as IITs/IIMs etc.). Prior score 75% required and Annual Family Income should not be more than INR 6,00,000 Deadline to apply is October 31 2024 and the Application Process is online.

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