SBI Asha Scholarship Yojana 2024 for 10,000 students: Check eligibility, Apply Process

SBI Asha Scholarship Yojana 2024: The SBI Foundation has started the SBI Asha Scholarship Yojana for 2024 to give money to smart students from poor families across India. This program wants to help students from Class 6 to postgraduate levels so they can go to school without worrying about money.

This article looks at the details of the scholarship, including who can apply how to apply, what you get, and more.

What the SBI Asha Scholarship Program Is About

The SBI Foundation runs the SBI Asha Scholarship Program as part of its Integrated Learning Mission (ILM). This mission aims to empower students through education. The program began in 2022 to help students from poor families. It gives scholarships to ease their money troubles.

SBI Asha Scholarship Yojana

In 2024, for its third year, the program plans to help 10,000 students. This support will allow them to keep studying and reach their school goals.

Scholarship NameSBI Asha Scholarship Program
ProviderSBI Foundation
Eligible ClassesClass 6 to Postgraduate
Financial Support₹15,000 to ₹7.5 lakh
Application PeriodAugust 16 – October 1, 2024
Official Websitesbifoundation.in

Objectives of the Scholarship

The SBI Asha Scholarship Program has these main goals:

  • Educational Support: To give money to students who do well in school but struggle with money.
  • Encouragement of Merit: To back students who have shown they’re great at school pushing for a system based on skill.
  • Inclusivity: To make sure students from different backgrounds those from Scheduled Castes (SC) and Scheduled Tribes (ST), can access higher education options.

SBI Asha Scholarship Eligibility Criteria

To qualify for the SBI Asha Scholarship Yojana 2024, applicants need to meet certain requirements:

  • Academic Level: The scholarship covers students from Class 6 to Class 12 as well as undergraduate and postgraduate students.
  • Academic Performance: Applicants should have scored at least 75% marks in their last academic year.
  • Family Income: The family’s total yearly income can’t go over ₹3 lakh for school students and ₹6 lakh for college and university students.
  • Nationality: Indians can apply.
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Financial Benefits

The scholarship gives different amounts based on the student’s education level:

  • School Students (Class 6 to 12): ₹15,000 each year
  • College Students: Up to ₹50,000 each year
  • University Students: Up to ₹70,000 each year
  • IIT Students: Up to ₹2 lakh each year
  • IIM Students: Up to ₹7.5 lakh each year

This financial aid helps pay for school fees and other education costs making sure students can keep learning without interruption.

How to Apply SBI Asha Scholarship

You can apply for the SBI Asha Scholarship online. It’s easy to do. Here’s what you need to do:

  1. Go to the Official Website: Find the SBI Foundation’s scholarship website.
  2. Check the Instructions: Read all the rules about the scholarship.
  3. Sign Up or Log In: New users should create an account with their email or phone number. If you already have an account just log in.
  4. Begin Your Application: Click ‘Apply Now’ and fill out the online form with your details.
  5. Add Your Documents: You’ll need to upload some papers such as:
  • Last year’s report card
    • ID proof (Aadhar card, PAN card)
    • Proof you got in (acceptance letter or payment receipt)
    • Proof of how much you make (pay stubs or income statement)
    • Your bank info
  1. Say Yes to Rules: Agree to the terms and conditions.
  2. Check and Send: Look over your application before you send it in.

Papers You Need

People applying need to get these papers ready to send with their application:

  • Report card from last school year
  • Real ID (like Voter ID, Aadhar card)
  • Paper showing you got into school this year (acceptance letter or payment receipt)
  • Your bank info
  • Income proof (Form 16A or salary slips)
  • Recent photograph
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SBI Asha Scholarship Selection Process

The selection process for the SBI Asha Scholarship has several steps:

  1. Initial Screening: SBI screens applications based on eligibility criteria like academic performance and family income.
  2. Document Verification: Candidates who make the shortlist must submit relevant documents to verify.
  3. Interview Round: SBI may call candidates for an interview to discuss their academic achievements and future goals.

SBI Asha Scholarship Important Dates

Applicants should keep these key dates in mind:

  • Application Opening Date: August 16, 2024
  • Application Closing Date: October 1, 2024
  • The timeline might change a bit based on what the administrators decide.

The SBI Asha Scholarship Yojana shows how the SBI Foundation wants to help poor students get an education. By giving them a lot of money and creating a fair system, this program helps individual students and makes society more equal.

To learn more or get help with applying or checking if they qualify, students can email or call the SBI Foundation using the contact info on their website.

This program is a big step to create a better future for many students who deserve it across India. It fits with what the country wants to do to make education available and fair for everyone.

FAQs on SBI Asha Scholarship Yojana 2024

What is the SBI Asha Scholarship Yojana?

The SBI Foundation offers the SBI Asha Scholarship Yojana to help bright students from poor families. This program gives money to students from Class 6 all the way up to postgraduate studies.

Who can apply?

Students from Class 6 to postgraduate levels can apply if they got at least 75% marks last year. For school kids, their family should earn less than ₹3 lakh per year. For college and postgrad students, the family income should be under ₹6 lakh per year.

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How much money does the scholarship give?

The scholarship provides different amounts: ₹15,000 yearly for school students up to ₹50,000 for undergraduate students up to ₹70,000 for postgraduate students, and more for IIT and IIM students.

How can I apply?

You can apply online through the SBI Foundation’s scholarship portal. To apply, register, fill out the form, upload the needed documents, and submit before the deadline.

What documents are required?

You need to submit these documents: last year’s mark sheet, ID proof (like Aadhar or PAN card), proof that you’re admitted, proof of income, bank account details, and a current photo.

What are the important dates for application?

The application window starts August 16, 2024, and ends October 1, 2024.

How does the selection process work?

The selection process includes an initial screening based on eligibility requirements, document checks for candidates who make the shortlist, and maybe an interview stage.

Can I apply if I attend a private school?

Yes, students from both public and private schools can apply if they meet the eligibility requirements.

Is there an age restriction for applicants?

No specific age limit is mentioned; however, applicants must be enrolled in a school that matches their academic level.

How can I get help during the application process?

To get help, you can reach out to the SBI Foundation using their official email or phone number on their website.

Will I get a confirmation after I submit my application?

Yes, you’ll get a confirmation notice by email or text after you submit your application.

What happens if they turn down my application?

If they turn you down, they’ll tell you why. You can think about applying again in the future if you’re still eligible.

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