With the skyrocketing cost of higher education in India, financial problems become the reason for many students to abandon their studies or opportunities in their way. Capable students are not able to fulfill their goals and desires because of their poor condition. In a certain way, it’s hampering the intelligence and potential our country has, in the form of meritorious youths. Therefore, scholarships are a great way to use your excellence and merit to fulfill your ambitions. When education cost inflation is so high, scholarships are no more than blessings for those who suffer through this. Higher education has more significance in drawing the career path of any child. Scholarships for higher education are a way to secure the future of underprivileged students by giving them financial aid.
What does scholarship include?
Scholarship can be in the form of a fixed amount or it will be covering your expenses to a certain limit for a fixed period.
Here is a list of scholarships available for Indian students to pursue their higher education in India.
- INSPIRE Scholarship For Higher Education (SHE)
This scholarship is available for class 12th passed students who want to pursue BSc/BS/MS/Int. MSc course from any recognized college in India.
The applicant should have an age between 17-22 years. Around 10,000 students get this scholarship every year from the Government of India. The reward for this scholarship is up to Rs.80,000 per annum for the course tenure.
- L&T Build India Scholarship
Larsen & Toubro grants this scholarship to final year students enrolled in engineering courses to assist them financially. The meritorious students who will get selected will be rewarded with a sponsored 2-year M.Tech course at any one of the listed colleges.
- IIT Madras
- IIT Delhi
- NIT Surathkal
- NIT Trichy
The scholarship will include a course fee, a stipend of Rs.13,400 per month for 2 years, placement opportunities, and a chance to work at the live sites of Larsen & Toubro.
3. National Fellowship and Scholarship for Higher Education of ST Students
This fellowship is granted by the Ministry of Tribal Affairs, the government of India, to the students belonging to the ST category. The minimum requirements are
- Students should be enrolled in any professional course at the graduate or post-graduate level.
- The student should belong to the ST category.
- The yearly income of the family of the student should be less than INR 6 lakh.
750 fellowships and 1000 scholarships are granted every year and the amount differs from course to course and the level of education.
4. Central Sector Scheme of Scholarship for College and University Students
This scholarship is granted by the Ministry of Human Resource Development, which is now known as the Ministry of Education for the class 12th passed students studying in college or university. The main aim of this scholarship is to help economically weaker meritorious students to finance their higher education. The reward in this scholarship is INR 10,000 per annum for three years at graduation level, INR 20,000 per annum for two years at post-graduation level, and for 5-year professional courses, INR 20,000 per annum in 4th and 5th year.
5. Swarnajayanti Fellowship
This fellowship is granted by Indian National Science Academy to encourage budding and green scientists to innovate and invent in the domains of science and technology. The age of the applicant must be within 30-40 years and he/she must possess Ph.D. in science or engineering or post-graduation in the technology and sciences. The fellowship reward is INR 10,000 per month who is in regular employment and INR 25,000 per month who are not in regular employment for the period of