SBIF Asha Scholarship Program
Up to ₹15000 Scholarship
SBIF Asha Scholarship Program is a scholarship by SBI Foundation for students in Class 9–12, open to students across India. It is free to take part.
Mode
Online
Eligibility
Class 9–12
Fee
Free
Duration
1 academic year (renewable based on eligibility and reapplication)
Format
Individual
Time needed
The application process typically takes 2-4 hours to complete, requiring dedicated time for form filling and meticulous document collection. Students should allocate sufficient time to gather all necessary documents, ensure their authenticity, and accurately fill out the online form well before the application deadline to avoid last-minute issues. Regular tracking of application status is also recommended.
About This Opportunity
The SBIF Asha Scholarship Program, a flagship initiative by the SBI Foundation under its Integrated Learning Mission (ILM), is one of India's most impactful scholarship programs. It provides crucial financial assistance to academically bright students from low-income families across India, ensuring that deserving students can pursue their education without financial constraints.
This scholarship supports students from Class 9 to 12, as well as those pursuing undergraduate and postgraduate courses at top institutions. This includes the top 100 NIRF-ranked universities/colleges, Indian Institutes of Technology (IITs), and MBA/PGDM courses from Indian Institutes of Management (IIMs). A significant provision also exists for Scheduled Caste (SC) and Scheduled Tribe (ST) students pursuing master's or postgraduate courses at premier universities outside India, as per QS World University Rankings or Times Higher Education World University Rankings.
The SBI Foundation, as the CSR arm of the State Bank of India, is deeply committed to contributing to the socio-economic development and betterment of underprivileged sections of society through ethical interventions that promote growth, equality, and a positive societal impact. The program emphasizes fostering inclusivity and equal opportunity in education, aiming to bridge the financial gap for dedicated students and help them realize their educational dreams.
This scholarship is generally a one-time award for an academic year, but eligible students may reapply in subsequent years if they continue to meet the stringent eligibility criteria and maintain academic excellence. The program aims to create a lasting positive impact on the lives of its beneficiaries, empowering them to become future leaders and contributors to society. With a focus on academic merit and financial need, the SBIF Asha Scholarship ensures that talented students from diverse backgrounds have the opportunity to achieve their full potential.
Eligibility
- Grade Level
- Class 9–12
- Age Range
- 14 - 18 years
- Location
- Nationwide
Academic requirement
Minimum 75% marks in the previous academic year for all applicants. For school students, 75% attendance in the current class is also required.
Prerequisites
- Minimum 75% marks in the previous academic year (or equivalent GPA).
- Indian nationality and valid identification proofs.
- Annual family income not exceeding INR 3,00,000 for school students and some PhD programs, and INR 6,00,000 for undergraduate and postgraduate students (including overseas education).
Additional requirements
- For school students, 75% attendance in the current class is required.
- For overseas education, admission to a top-ranked international university (e.g., QS World University Rankings or Times Higher Education World University Rankings) is required.
- Applicants must possess a PAN card (for school students).
- Applicants must possess a PAN card (for school students, if applicable, or parent's PAN card).
- Must be currently enrolled in a recognized educational institution in India or abroad (for overseas scholarship).
- Applicants must be currently enrolled in a recognized educational institution in India or abroad (for overseas scholarship).
Open to Indian students from Class 9 to postgraduate level. Applicants must have a minimum of 75% marks in their previous academic year. Annual family income should not exceed ₹3,00,000 for school students and ₹6,00,000 for undergraduate/postgraduate students. SC/ST students are eligible for overseas education with preference given to those with family income up to ₹3,00,000. Preference is also given to female applicants.
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Academic Details
Difficulty: Mixed Levels
What's covered
The scholarship supports students across a wide range of educational levels and institutions, encompassing diverse curricula. This includes standard school curricula for Class 9-12, comprehensive undergraduate and postgraduate university curricula in various disciplines (Engineering, Arts, Science, Commerce, Law, Medical), and specialized research topics for PhD programs. The specific curriculum covered depends entirely on the student's chosen course of study and the institution they are enrolled in, with the scholarship providing financial enablement for their academic pursuits.
Rewards & Recognition
Award
Up to ₹15000
Financial assistance varies by academic level. For Class 9 to 12, students can receive up to ₹15,000 per year. Undergraduate students can receive up to ₹50,000, while postgraduate students can receive up to ₹70,000. IIT undergraduate students are eligible for up to ₹2,00,000, and IIM MBA/PGDM students can receive up to ₹7,50,000. For SC/ST students pursuing master's or postgraduate courses abroad, the scholarship can provide up to ₹20,00,000 per year or 50% of course-related expenses, whichever is less.
Opens doors to
The scholarship provides crucial financial support, enabling students to pursue education at top institutions including the top 100 NIRF-ranked universities/colleges, IITs, and IIMs. It also supports SC/ST students for master's or postgraduate courses at premier universities outside India, as per QS World University Rankings or Times Higher Education World University Rankings, significantly enhancing their higher education prospects.
Career pathways
Recipients gain a significant competitive advantage in their career paths due to access to quality education from top Indian and international institutions. This includes enhanced employability, better job opportunities in leading companies, and the potential for higher earning capacities. The scholarship fosters a strong academic foundation and professional network, leading to successful and impactful professional careers.
Recognition
National Recognition
Skills your child builds
How to apply
- 1Visit the official Buddy4Study website (buddy4study.com) or the SBI Foundation website (sbifoundation.in).
- 2Register or log in to your account using your Google account, email address, or mobile number.
- 3Complete your profile with all necessary personal, academic, and financial details.
- 4Navigate to the SBIF Asha Scholarship section and click on 'Apply Now' or 'Start Application'.
- 5Fill in all the required details accurately in the online application form, ensuring no fields are left blank.
- 6Upload all relevant documents as specified in the eligibility and prerequisites section. Ensure documents are clear, legible, and in the prescribed format (e.g., PDF, JPEG).
- 7Carefully read and accept the 'Terms and Conditions' and the 'Privacy Policy'.
- 8Preview your application thoroughly to ensure all information is correct, complete, and consistent.
- 9Submit the application before the deadline. It is highly advisable to download a copy of the submitted application for future reference and regularly track your application status through the portal.
What it covers
- Tuition fees
- Books and materials
- Stationery
- Other educational expenses
- Hostel fees (where applicable)
- Living expenses (for overseas education)
Frequently asked questions
Is SBIF Asha Scholarship Program free?
This opportunity is free to participate in.
Who can participate in SBIF Asha Scholarship Program?
Students in Class 9–12. children aged 14-18.
What will my child gain from SBIF Asha Scholarship Program?
Substantial financial assistance for various educational levels. Opportunity for SC/ST students to study at top international universities. Reduces financial burden on low-income families. Offers recognition and adds value to the student's academic and professional profile.. Enhance academic and career prospects through access to quality education.. Up to INR 20,00,000 or 50% of course-related expenses (whichever is less). Enhances academic and career prospects through access to premier Indian institutions like IITs and IIMs. Adds significant value to a student's academic profile and resume, demonstrating merit and potential.
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