Applications are invited for IDFC FIRST Bank Engineering Scholarship 2024. The last date of application is September 2, 2024.
About the Scholarship
IDFC FIRST Bank Engineering Scholarship is a need-based scholarship for students with family income of less than INR 6 lakhs per annum. The purpose of this scholarship is to make engineering studies accessible to meritorious students who are unable to pursue higher studies due to financial constraints.
The IDFC FIRST Impact Engineering Scholarship Program is a need-based financial assistance program designed for engineering students who have secured admission in select B-Tech/BE colleges in India. The program covers a part of eligible students’ fees for four-year* full-time engineering degrees.
No. of Scholarship
50 scholarships.
Eligibility
- Eligible for students who are currently studying in the first year of their B-Tech/BE courses from selected colleges in India
- Annual family income up to ₹ 6,00,000 per annum or less
- Students who have not received any other scholarship or tuition fee waiver for their engineering course
- Children of IDFC FIRST Bank employees are not eligible for the program.
Benefits
- INR 4,00,000 for four years of full-time Engineering studies ( 1 Lakh p.a. subject to T&C)
- Scholarship Amount: Fee of one year or 1 lakh p.a. (whichever is lower)
How to Apply?
Click here to Apply Now!
Terms & Conditions
- Candidate should be enrolled in the first year of their full time engineering degree course (B.E./ B. Tech Degree)
- Courses such as Diploma in Engineering are not eligible
- Candidates opting for dual-degree / part time / distance learning / diploma/ exchange programs in engineering are not eligible for the scholarship
- Available only to Indian nationals Scholarship will be awarded for 4 years only (subject to the scholar passing all exams) and not beyond this tenure
- Once selected, the scholar needs to submit marksheets of each passing year to be eligible for the next year’s scholarship. Only students who pass their exams will be awarded scholarships for subsequent years
- Home-visit verification is a mandatory step for the selection of scholars. If the applicant fails to facilitate /ensure the needful or is unable to comply with the process within the stipulated timeframe, his/her candidature shall be rejected.
- The scholarship fund can be utilized only for academic expenses purposes and will only be transferred to a student’s college bank account. The same shall be adjusted by the college against the tuition fee to be paid by the student
