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SBIF Asha Scholarship Program

by SBI Foundation

Mode

Online

Eligibility

Class 9–12

Fee

Free

Duration

1 academic year (renewable based on eligibility and reapplication)

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

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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Benefits

  • 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

Academic Details

Various undergraduate disciplines

Difficulty: Mixed Levels

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Provider

SBI Foundation

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Categories

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