SBI Asha Scholarship Program; Eligibility Criteria, Amount & How to Apply

SBI Asha Scholarship Program is a flagship scholarship initiative by the SBI Foundation aimed at supporting meritorious students from financially disadvantaged families across India. This scholarship assists students at various stages of education ranging from the school level to higher education, including undergraduate and postgraduate studies, professional courses, IIT, IIM, medical studies, and even studies abroad. Depending on the nature and stream of study, financial assistance ranging from Rs.15,000 to Rs.20 lakh per year is provided under this program.

Overview of SBI Asha Scholarship Program

• Scholarship Name: SBI Asha Scholarship Program
• Offered By: SBI Foundation
• Scholarship Type: Merit-cum-Means Scholarship
• Eligibility Students: from Class 9 onwards, UG, PG, Medical, IIT, IIM, and Overseas Studies
• Application Mode: Online
• Scholarship Amount: Rs.15,000 to 20,00,000 per year
• Beneficiaries: Students from economically weaker sections
• Coverage: All India

Eligibility Criteria of SBI Asha Scholarship Program

Applicants must:

Be Indian citizens.

Have secured at least 75% marks or 7.0 CGPA in the previous academic year (relaxation may apply for reserved categories).

Meet the prescribed family income criteria.
Be enrolled in a recognized educational institution.

Family Income of SBI Asha Scholarship Program

• Students in classes 9 to 12: Annual family income should generally not exceed Rs.3 lakh.
• Undergraduate, Postgraduate, Medical, IIT, IIM, and Overseas Students: Annual family income should generally not exceed Rs.6 lakh.

Scholarship Amount of SBI Asha Program

The scholarship amount varies according to the course:

Class 9-12: Up to Rs.15,000 per year
Undergraduate Courses: Up to Rs.75,000 per year
Postgraduate Courses: Up to Rs.2.5 lakh per year
Medical Courses: Up to Rs.4.5 lakh per year
IIT Students: Up to Rs.2 lakh per year
IIM Students: Up to Rs.5 lakh per year
Overseas Education: Up to Rs.20 lakh per year

Required Documents of SBI Asha Scholarship Program

• Recent passport-size photograph
• Aadhaar Card
• Previous academic marksheets
• Admission proof/fee receipt
• Family income certificate
• Bank account details
• Identity proof and address proof
• Bonafide certificate (if required)

How to Apply of SBI Asha Scholarship Program

1. Visit the scholarship application portal.
2. Register with your email ID and mobile number.
3. Fill in personal, academic, and family income details.
4. Upload the required documents.
5. Submit the application before the deadline.
6. Track the application status online.

SBI Asha Scholarship Program - Frequently Asked Questions (FAQs):

Q1. Who can apply for the SBI Asha Scholarship?

• Answer: Students studying in Class 9 and above, including UG, PG, Medical, IIT, IIM, and overseas programs.

Q2. What is the maximum scholarship amount?

• Answer: Eligible students studying abroad can receive up to Rs.20 lakh per year.

Q3. How is the scholarship awarded?

• Answer: Selection is based on merit, financial need, and document verification.

Q4. Is the scholarship available across India?

• Answer: Yes, students from all states and union territories can apply.