SBIF Asha Scholarship 2024 - Apply Online, Amount & Last Date

About SBI Asha Scholarship

The SBI Foundation has offered financial assistance to deserving candidates through its special sbi asha scholarship, keeping in mind to work sincerely toward its education vertical - the Integrated Learning Mission (ILM). The foundation is clear on its corporate social responsibility vision, and subsequently, it strives to bridge the financial gap between dedicated students and their educational pursuits.

The scholarship is available for deserving students pursuing classes from 6th to 12th. Besides the minimum percentage, some limitations on the family income also govern the eligibility of the interested candidates. Students studying in any recognised school across any city in India can seek funds to run their academic sessions.

SBI Foundation extends its benevolent reach to students having immense potential but are held back by the limited means to realise their educational dreams. This is why the foundation launches scholarship schemes every year. Their initiative is not just about providing funds but fostering a sense of inclusivity and equal opportunity among all students. The aim indeed revolves around creating a more equitable educational landscape.

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Eligibility Criteria for Scholarship

Students willing to apply for the sbi asha scholarship should meet the following criteria to secure their consideration for the final selection.

1. Proof of citizenship of India (any government-issued ID).
2. Enrollment with a recognised institute in any class from 6^th to 12^th. 
3. A minimum of 75% marks in the previous academic year.
4. The annual income of the applicant’s family must be under INR 3,00,000 from all sources.

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Benefits of Scholarship

Upon the final selection, the students meeting the eligibility criteria will get a maximum of ₹50,000/- each under the sbi asha scholarship. The scheme allows disbursal of the scholarship benefits for one year only.

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Selection Criteria for Scholarship

Considering its motive to help students with academic expenses, the selection process is simple and easy. Students will have to go through the following selection process.

1. Meeting the eligibility criteria as per official rules.
2. Filling out the sbi scholarship apply online form before the deadline as and when the notification comes out.
3. Information regarding the scholarship selection to the concerned school authorities. 
4. A personal interview round might take place upon document verification.

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SBI Scholarship Apply Online

To facilitate the convenience of the students, there is a provision for filling and submitting the form for this grant digitally. Those seeking information about sbi scholarship apply online should follow the below-mentioned procedure.

1. Visit the official website https://www.sbifoundation.in/. You will see the option SBIF ASHA SCHOLARSHIP at the topmost bar, a little toward the right side corner.
2. This will lead you to the page https://www.sbifoundation.in/focus-area-detail/SBIF-Asha-Scholarship. Click on Application for School Students. This will further lead you to another website owned by Buddy4Study. Students should note that the applications for sbi asha scholarship will be filled, submitted, and accepted through this website as Buddy4Study is the implementation partner of this scheme.
3. New users will have to register themselves with Buddy4Study by clicking on New Registration. As applicable, fill in essential details like Email, Mobile Number, or Gmail account. You will receive login credentials to the registered email, mobile number, or Gmail account.
4. Log in to Buddy4Study with the login credentials received in the previous step. The ‘Application Form Page’ will pop up. You have to proceed with the SBI Asha Scholarship Program. For errors, search for the SBI scholarship at the Buddy4Study website and click Apply Now. 
5. Click on the ‘Start Application’ to fill out the form. It usually includes submitting details like name, address, contact information, education details, bank details, etc. Do not forget to attach all necessary documents; failing to do so may result in your application being rejected.
6. Review your application before the final submission and make corrections if required.
7. Tick off the box for ‘Terms and Conditions’ and click on ‘Preview’. Click on ‘Submit’ and your application process will be completed. 

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Documents Required for Scholarship

Candidates applying for the sbi asha scholarship must keep due note of the submission of the below-mentioned documents mandatory for the final selection.

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Renewal of the Scholarship

The SBI Scholarship is awarded every year to the selected students studying in the class from 6th to 12th. Students may apply for the scholarship again in the following academic year as per the eligibility criteria to avail themselves of the benefits in the next session. This practice is followed to ensure that the candidates get the grant each year as per the actual need, ensuring a fair and equitable distribution of the funds.    

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SBI Scholarship Last Date

The sbi scholarship last date for the academic year 2023-24 has lapsed, which was November 2024. Applications for the next academic session are now open as per the latest update on the official website of the SBI bank. However, no last date is yet mentioned; students are advised to keep a check on the latest announcements and should preferably apply immediately. 

Frequently Asked Questions

Who is eligible to apply for the SBI Scholarship?

Only those candidates are eligible to apply for scholarship who are studying in class 6^th to 12^th and have secured at least 75% marks in the previous class. The family income must be less than Rs. 3,00,000/- annually. 

Can I apply for the SBI Scholarship online?

Yes, interested and eligible students can apply digitally for this scholarship. Search for sbi asha apply online and register yourself to fill out the application form.

Will I get the grant every year upon selection?

The sbi asha scholarship is available for one year only and students once selected will have to apply again in the next academic session, if they wish to seek financial assistance for the following years, subject to the eligibility criteria. 

How will I get the funds after getting selected for the scholarship? 

While filling out the application form, the applicants will have to submit details of theie bank account. Henceforth, selected candidates will receive the funds in the bank account as detailed in the application form.  

What should I do if I am not selected or eligible for the SBI scholarship?

If any interested student does not fall under the eligibility or does not get selected for the SBI scholarship, they can resort to other fruitful alternatives. One of the options would be to apply for other schemes like the Canara Bank Scholarship. In case, other scholarships are also not available, a sure-shot remedy to finance your education ahead would be to apply for a personal loan offered by reliable financing institutes like Propelld.