A scholarship program to support 10,000 of India’s brightest students
by Suman Gupta
Mumbai, September 06, 2024 – SBI Foundation, the CSR arm of the nation’s largest bank, State Bank of India, has announced the 3rd edition of its flagship Asha Scholarship Program guaranteeing support to 10,000 meritorious students from underprivileged backgrounds nationwide.
Students from Class 6 to postgraduate level can now access scholarship ranging from INR 15,000 to INR 20, 00, 000 in a year. The program offers specialized categories for school students, undergraduates, postgraduates, as well as those enrolled in IITs and IIMs in India. Specifically, the ‘Study Abroad’ category designed for SC and ST students will act as a major aid to them in pursuing Masters and above from eminent institutions worldwide.
The application window for the scholarship, which opened on 16th August 2024, will remain open till 1st October 2024 onhttps://www.sbifashascholarship.org/.Details on eligibility and timelines of the scholarship are available on the website, and students can also inquire on the helpline.
The Asha Scholarship program is dedicated to identifying and supporting meritorious students from the most underserved backgrounds, with a mission to make quality higher education accessible for young Indians. Since its inception in 2022, the scholarship program has provided timely financial support to the tune of ₹ 3.91 crore to 3, 198 students.
Speaking about the initiative, Shri. Challa Sreenivasulu Setty, Chairman, State Bank of India highlighted its vision, “Asha Scholarship embodies SBI’s core value of service beyond banking, and being an active contributor to our nation’s steady march towards progress and prosperity for all. We are proud to be expanding this transformative initiative to 10,000 students this year. Asha Scholars will play an important role in achieving our Nation’s vision of a Viksit Bharat by 2047.”
Coinciding with Independent India’s 77 years of continued progress, the program aims to nurture and mentor young Indians as leaders and change-makers for the future.
About SBI Foundation:SBI Foundation is the CSR arm of the State Bank of India. True to its tradition of service beyond banking, the foundation currently works in over 27 states and union territories of India, on education, rural development, healthcare, livelihood and skill development, youth empowerment, promotion of sports, and more. SBI Foundation believes in reflecting the ethos of the SBI group, in running interventions that are ethical, promote growth and equality, and create a positive impact on society.
