When a student hears/ reads the word scholarship they sure get excited. Owing to the fact that, a scholarship is a grant awarded for the students, to help them study further and thence build their future. This amount deduction especially helps the less privileged to not give up on their dreams and clip their wings. And thus, questions like who is offering, how can we apply, is it genuine, etc, keep arising in each one’s head. Therefore, we have decided to compile a list of top scholarships for students in India for you.
- How many types of scholarships are there in India?
- How can Indian students get scholarships?
- Top scholarships for students in India
How many types of scholarships are there in India?
Scholarships for students in India are of 5 major types:
- Means-based scholarship – categorized based on economic status.
- Merit-based scholarships – considers both academic merit and financial need.
- Talent-based scholarships – to allow one to follow their passion, scholarship in art, music and dance are provided.
- Sport-based scholarships – scholarships based on performance in particular sports.
- Women-centric scholarships – to help empower women, a no. of scholarships are given to women based on merit and/or need.
How can Indian students get scholarships?
Well, that can simply be done by finding out the eligibility criteria, which differs in each scholarship in India and applying for the one that fits right for you. Differences are in types of scholarship (as mentioned above), and for specific grades too. Examples, pg scholarships in India, scholarships for 12 graders, age-specific scholarships etc.
Top Scholarships for students in India
1. INSPIRE Scholarship
Scholarship initiated by the government of India by the Department of Science and Technology. Students who rank in the top 1% of their 12th std boards, and the top 10,000 ranks in JEE and NEET opting for basic and natural sciences are eligible for this scholarship.
Scholarship amount: 80,000 INR, per student, each year
2. Kishore Vaigyanik Protsahan Yojana (KVPY)
Another initiative by the Department of Science and Technology is for students of 11th to 1st-year graduation (science stream). Selection is based on an aptitude test conducted by the Indian Institute of Science (IISc). And the renewal depends on a student maintaining a minimum of 60% score
Scholarship amount: for Bsc. 5000 per year, each student (contingency amount 20000), for MSc. 7000 per year, each student (contingency amount 28,000).
3. HDFC Educational Crisis Scholarship Support
This scholarship for students is by the HDFC Bank to help students in times of crisis such as the death of a parent, loss of job of the earning parent, life-threatening illness, etc.
Students of 6th to 12th std, with a family income of less than 3lakhs per annum, or someone in a financial crisis for the past 2 years are eligible for the same.
Scholarship amount: INR 10,000 or the tuition fee (whichever is lesser) for school students, and INR 25,000 or tuition fee for college students.
4. Foundation for Academic Excellence and Access (FAEA)
This scholarship for students in India is an initiative of Bharat Heavy Electronics Ltd (BHEL). It is designed especially for the economically-weaker section of the SC/ST/BPL category who have passed the 12th grade.
Scholarship amount: it covers the total cost of the study of 50 students every year.
5. AICTE Pragati Scholarship for Girls
This is an initiative to support young women to continue their higher education. They provide scholarships to a total of 4,000 girl students every year, that come from economically weaker backgrounds
Scholarship amount: Tuition fee of INR 30,000, and INR 2,000 per month for 10 months.
6. Central Sector Scholarship Scheme (CSSS)
Students who have scored 80 percentile or above in 12th grade and have a family income of less than 8lakh per annum are eligible for this scholarship. Thus, meritorious students of the weaker sections can apply for this scholarship as the ministry of Education gives out 82 thousand new scholarships under this scheme every year. And the scholarship is between 10-20 thousand INR annually.
Scholarships are a great initiative to help keep the students motivated to study with utmost focus. This helps reduce the no. of dropouts due to the lack of income. And allows them to land in their dream university.
And ofcourse, as the citizens of the nation get more illiterate, it would thereby help the country grow and attain more. Making it a good idea to give out more scholarships to deserving candidates and help them make it big.
Another thing that helps you keep up with your studies is the rise of online learning platforms. This is a good initiative to help students keep up with their studies even after they start working. At any time and from anywhere you could attend online classes with ease, with all but a good internet connection, and the right online learning app!