Applications are invited for SBI Foundation Scholarship Program 2024 for UG and PG Students. The last date of application is October 1.

About SBI Foundation

SBI Foundation is the CSR arm of the State Bank of India. Upholding its tradition of service beyond banking, the Foundation operates in over 28 States and Union Territories of India, focusing on Rural Development, Healthcare, Education, Livelihood & Entrepreneurship, Youth Empowerment, Promotion of Sports, and more.

The Foundation is dedicated to contributing to the socio-economic development and betterment of underprivileged sections of society, reflecting the ethos of the SBI group by running ethical interventions that promote growth, equality, and a positive societal impact.

About the Scholarship

The SBIF Asha Scholarship Program 2024, one of India’s largest scholarship programs, is an initiative of the SBI Foundation under its education vertical – Integrated Learning Mission (ILM). This program aims to provide financial assistance to meritorious students from low-income families across India, ensuring the continuity of their education.

This scholarship is open to students from Class 6 to 12 and for those who are pursuing undergraduate and postgraduate courses from the top 100 NIRF universities/colleges and IITs or MBA/PGDM courses from IIMs.

SBIF Asha Scholarship Program for Undergraduate Students

Eligibility

  • Applicants should be Indian nationals.
  • Applicants must be pursuing an undergraduate course (any year) from a premier university/college in India, as listed in the Top 100 Institutes according to the latest NIRF rankings.
  • Students must have secured 75% marks or above in their previous academic year.
  • The gross annual family income of the applicants must be up to INR 6,00,000. 

Note: 

  • Premier institutions and renowned colleges will include those listed in the top 100 National Institutional Ranking Framework (NIRF) List for Universities and the top 100 in the NIRF List for Colleges for 2023 and 2024 (released by the Ministry of Education, Government of India). Additionally, all National Institutes of Technology (NITs) will also be included.
  • Preference will be given to students with a family income of up to INR 3,00,000 per annum.
  • 50% of the slots will be reserved for female applicants. 
  • Preference will be given to students belonging to the Scheduled Castes (SC) and Scheduled Tribes (ST) categories.

Benefits

Up to INR 50,000

SBIF Asha Scholarship Program for Postgraduate Students

Eligibility

  • Applicants should be Indian nationals.
  • Applicants must be pursuing a postgraduate course (any year) from a premier university/college in India, as listed in the Top 100 Institutes according to the latest NIRF rankings.
  • Students must have secured 75% marks or above in their previous academic year.
  • The gross annual family income of the applicants must be up to INR 6,00,000. 

Note: 

  • Premier institutions and renowned colleges will include those listed in the top 100 National Institutional Ranking Framework (NIRF) List for Universities and the top 100 in the NIRF List for Colleges for 2023 and 2024 (released by the Ministry of Education, Government of India). Additionally, all National Institutes of Technology (NITs) will also be included.
  • Preference will be given to students with a family income of up to INR 3,00,000 per annum.
  • 50% of the slots will be reserved for female applicants. 
  • Preference will be given to students belonging to the Scheduled Castes (SC) and Scheduled Tribes (ST) categories.

Benefits

Up to INR 70,000

SBIF Asha Scholarship Program for IIT Students

Eligibility

  • Applicants should be Indian nationals.
  • Applicants must be pursuing an undergraduate course (any year) from an Indian Institute of Technology (IIT) in India.
  • Students must have secured 75% marks or above in their previous academic year.
  • The gross annual family income of the applicants must be up to INR 6,00,000. 

Note: 

  • Preference will be given to students with a family income of up to INR 3,00,000 per annum.
  • 50% of the slots will be reserved for female applicants. 
  • Preference will be given to students belonging to the Scheduled Castes (SC) and Scheduled Tribes (ST) categories.

Benefits

Up to INR 2,00,000

SBIF Asha Scholarship Program for IIM Students

Eligibility

  • Applicants should be Indian nationals.
  • Applicants must be pursuing MBA/PGDM courses (any year) from an Indian Institute of Management (IIM) in India.
  • Students must have secured 75% marks or above in their previous academic year.
  • The gross annual family income of the applicants must be up to INR 6,00,000. 

Note

  • Preference will be given to students with a family income of up to INR 3,00,000 per annum.
  • 50% of the slots will be reserved for female applicants. 
  • Preference will be given to students belonging to the Scheduled Castes (SC) and Scheduled Tribes (ST) categories.

Benefits

Up to INR 7,50,000.

How to Apply?

Interested candidates can apply online via buddy4study.com.

Click here for the official notification of SBI Foundation Scholarship Program 2024.