SBI Launches Asha Scholarship 2023 Programme To Empower Economically Backward Students

In a significant move to support the education of economically disadvantaged students, the State Bank of India (SBI) Foundation has launched the SBIF Asha Scholarship Program for School Students 2023. This initiative, part of the SBI Foundation’s education vertical – Integrated Learning Mission (ILM), aims to provide financial assistance to meritorious students from low-income families across India, ensuring the continuity of their education.

Eligibility Criteria

The scholarship program is open to students studying in Classes 6 to 12. To be eligible, candidates must have a minimum academic requirement of 75 per cent marks. Students from all states in India can apply for this scholarship. To qualify, the family income of the candidate should be less than Rs 3 lakh.

Benefits and Application Process

Successful candidates selected for the SBIF Asha Scholarship will receive financial aid of Rs 10,000. The application process for this scholarship is accessible through the official website https://www.sbifoundation.in/focus-area-detail/SBIF-Asha-Scholarship.

Here’s a Step-By-Step Guide to Applying

Candidates need to click on the SBIF Asha Scholarship 2023 link provided on the official website’s homepage.

The application process can be initiated by completing the registration. After registering, candidates will receive updated details along with an OTP through their registered mobile number and email.

The application can be completed using the provided username and password.

Selection Process

The selection for this scholarship is based on a combination of academic merit and financial status. Applications received will undergo a thorough shortlisting process based on eligibility criteria. Following the shortlisting, document verification will take place, and a personal interview will be conducted for the selected candidates.

Disbursement of Scholarship

The scholarship amount will be directly deposited into the bank accounts of the chosen candidates. It is important to note that this scholarship is a one-time disbursement.

The SBIF Asha Scholarship Program for School Students 2023 not only underscores the commitment of the SBI Foundation towards education but also aligns with the broader goal of fostering an inclusive learning environment. By providing financial support to deserving students, the initiative seeks to educate the future generation, ensuring that financial constraints not being a problem for them.