Applications are invited for the Asha Scholarship Program for Overseas Education 2024-25. The last date for the application is March 31, 2025!
About SBI Foundation
The SBI Foundation is the Corporate Social Responsibility (CSR) arm of the State Bank of India. Continuing its legacy of service beyond banking, the Foundation operates across more than 28 states and union territories in India. Its focus areas include rural development, healthcare, education, livelihood and entrepreneurship, youth empowerment, promotion of sports, and more. The Foundation is committed to contributing to the socio-economic development of underprivileged communities, aligning with the ethos of the SBI Group. Through ethical initiatives, the Foundation strives to foster growth, equality, and positive social impact.
About SBIF Asha Scholarship Program
The SBIF Asha Scholarship Program for Overseas Education 2024-25, 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 SC/ST students pursuing a master’s or postgraduate course (any year) at a premier university/college outside India. Selected students can receive a scholarship of up to INR 20 lakh for a year to support their educational endeavours.
Eligibility
- Applicants must be Indian nationals.
- Applicants must belong to the Scheduled Caste (SC) or Scheduled Tribe (ST) categories.
- Applicants must be pursuing a master’s or above course (any year) at a premier university/college outside India
- Students must have secured 75% marks or above in their previous academic year.
- Students with a gross annual family income of up to INR 6,00,000 are eligible to apply.
Note
- Premier universities/colleges outside of India will include those listed at the top in reputed world rankings such as the QS World University Rankings, Times Higher Education World University Rankings
- Preference will be given to students with a family income of up to INR 3,00,000 per annum.
- 100% of the slots for overseas education will be reserved for SC/ST scholars.
Awards
Up to INR 20,00,000 or 50% of course-related expenses (whichever is less)
Documents
- Passport Size Photograph
- Aadhaar Card (Both Sides)
- Passport
- 10th Marksheet
- 12th Marksheet
- Graduation Final Marksheet
- Graduation Degree
- Masters Degree (If Applicable)
- Offer/Acceptance Letter from the Institute
- IELTS/TOEFL/Any Other English Proficiency Test Score Card
- Latest Institute fee receipt (Academic Session 2024-25)
- Fee Structure
- Family Income Proof
- Bank passbook
- Country VISA for Study (If Applicable)
- Caste Certificate
- Disability Certificate
- Statement of Purpose (SOP)
- GRE/GMAT Certificate (If Applicable)
- Education Loan Sanction Letter/Other Scholarship Acceptance Letter (If Applicable)
- Death Certificate/Divorce Decree/Any Affidavit
- Orphan Certificate/Letter from Orphanage
Application Process
- Click on the ‘Apply Now’ button below.
- Login to Buddy4Study with your registered ID and land on the ‘Application Form Page.’
- If not registered, register at Buddy4Study with your Email/Mobile/Google account.
- You will now be redirected to the ‘SBIF Asha Scholarship Program for Overseas Education 2024-25’ application form page.
- Click on the ‘Start Application’ button to begin the application process, fill in the required details in the online application form, and upload relevant documents.
- Accept the ‘Terms and Conditions’ and click on ‘Preview’.
- If all the details filled in by the applicant are correctly showing on the preview screen, click the ‘Submit’ button to complete the application process.
How to Apply?
Interested and eligible candidates can apply through this link.
Deadline
The application deadline is March 31, 2025.
FAQs
What is the selection process for this scholarship program?
The selection for the ‘SBIF Asha Scholarship Program for Overseas Education 2024-25’ is based on academic merit and financial background and involves the following multi-stage process:
1. Initial shortlisting of applications based on academic performance and financial background.
2. Telephonic interviews with shortlisted candidates, followed by document verification for final selection.
How will I receive the scholarship funds if selected for this program?
If selected, the scholarship amount will be transferred to your bank account.
Will I receive this scholarship for subsequent years of study?
No, this scholarship is a one-time award.
How to apply for SBIF Scholarships?
To apply for the SBIF Asha Scholarship Program for Overseas Education 2024-25, you need to visit the official Buddy4Study website. Once there, register or log in to your account, complete your profile, and navigate to the SBIF Asha Scholarship section. Follow the steps to fill in the application form and submit the required documents online.
How can I check my scholarship status?
After submitting your application, you can track the status by logging into your Buddy4Study account. Under the ‘Applied Scholarships’ section, you will find the status updates related to your SBIF Asha Scholarship Program for Overseas Education 2024-25 application.
Is an SBI bank account mandatory to apply for the SBIF scholarship?
No, having an SBI bank account is not mandatory to apply for the SBIF Asha Scholarship Program for Overseas Education 2024-25. However, if selected, you may be required to open an SBI bank account to receive the scholarship funds. You can provide details of any valid bank account while filling out the application form.
Are diploma students eligible to apply for this scholarship?
No, diploma students are not eligible for the SBIF Asha Scholarship Program for Overseas Education 2024-25. This scholarship is open to Indian students belonging to SC and ST categories pursuing a master’s or postgraduate course (any year) at a premier university or college outside India.
I am an orphan and don’t have an earning member in my family. What document should I provide under the income certificate section?
In such cases, you can submit a certificate from the local government authority or any recognized institution confirming your status as an orphan, along with a no-income affidavit or a letter stating your current financial situation.
