The Saksham Scholarship Scheme is a flagship CSR program of Mahindra Finance, aimed at the holistic development of drivers and their family members. Under the Saksham Scholarship initiative, scholarships will be provided to children of drivers to pursue higher education. In 2023-24, Mahindra Finance aims to reach more than 2000 children.
Eligibility
To be eligible for the Saksham Scholarship Scheme, students must meet the following criteria:
- Be the child of a driver (LMV or LCV) who holds a valid driving license.
- Be currently studying in school (grades 8-12) or college (graduation/post-graduation in arts, science, or commerce or equivalent). Students pursuing professional courses like Pharmacy, Engineering, Diplomas, MBBS, Law, etc. are not eligible to apply.
- Have passed the previous year’s grade with a minimum 60% score.
- Have a family income of less than or equal to ₹ 3 Lakh per annum.
- Be studying in a school or college located in Uttar Pradesh, Uttarakhand, Gujarat, or Maharashtra.
Application Process
Students can apply for the Saksham Scholarship Scheme online through the National Scholarship Portal (NSP). To apply, students must follow these steps:
- Visit the NSP website: https://scholarships.gov.in/
- Click on “New Registration” and create an account.
- After creating an account, login to the NSP website and click on “Apply for Scholarship”.
- Select “Saksham Scholarship Scheme” from the list of scholarships.
- Fill out the online application form and upload all required documents.
- Submit the application form.
Required Documents
The following documents are required to be uploaded along with the Saksham Scholarship Scheme application form:
- Copy of the student’s mark sheet for the previous year.
- Copy of the student’s father’s driving license.
- Copy of the student’s family income certificate.
- Copy of the student’s school/college admission letter.
Scholarship Amount and Term
The Saksham Scholarship Scheme provides a scholarship of ₹ 50,000 per annum to eligible students. The scholarship is awarded for the entire duration of the student’s course, subject to satisfactory academic performance.
Selection Process
Students will be selected for the Saksham Scholarship Scheme based on their merit and financial need. Merit will be determined by the student’s marks in the previous year’s examination. Financial need will be determined by the student’s family income.
Disbursement of Scholarship
The Saksham Scholarship will be disbursed to the student’s bank account directly. The scholarship will be disbursed in installments, with each installment being equal to one semester’s fees.
Important Dates
The following are the important dates for the Saksham Scholarship Scheme 2023:
- Online application start date: 01-August-2023
- Online application end date: 31-October-2023
- Selection results announcement date: 30-November-2023
FAQs
Q: Who is eligible for the Saksham Scholarship Scheme?
A: The Saksham Scholarship Scheme is open to children of drivers who are currently studying in school (grades 8-12) or college (graduation/post-graduation in arts, science, or commerce or equivalent). Students pursuing professional courses like Pharmacy, Engineering, Diplomas, MBBS, Law, etc. are not eligible to apply.
Q: How can I apply for the Saksham Scholarship Scheme?
A: You can apply for the Saksham Scholarship Scheme online through the National Scholarship Portal (NSP). To apply, you must create an account on the NSP website and then fill out the online application form.
Q: What documents are required to be uploaded along with the Saksham Scholarship Scheme application form?
A: The following documents are required to be uploaded along with the Saksham Scholarship Scheme application form:
- Copy of your mark sheet for the previous year.
- Copy of your father’s driving license.
- Copy of your family income certificate.
- Copy of your school/college admission letter.
Q: How much scholarship money is awarded under the Saksham Scholarship Scheme?
A: The Saksham Scholarship Scheme provides a scholarship of ₹ 50,000 per annum to eligible students.
Q: When will the Saksham Scholarship be disbursed?
A: The Saksham Scholarship will be disbursed to the student’s bank account directly, in installments, with each installment being equal to one semester’s fees.
Overview of Saksham Scholarship Scheme 2023
| Scholarship Id | CFSA23100702 |
| Scholarship Name | Saksham Scholarship Scheme 2023 for Specially Abled Students (Diploma / Degree) |
| Scholarship Open for | Boys & Girls |
| Scholarship Offered by | All India Council for Technical Education (AICTE), Government of India |
| Who can Apply ? | Studying Diploma / Degree |
| Scholarship Amount | Rs.50,000 per year |
| Last Date to Apply | 31 December 2023 |
| Fresh Application | Click Here To Apply |
| Renewal Application | Click Here To Apply |
| Application Status | Click Here To Apply |
| Official Portal | Click Here To Apply |
| Guidelines (Diploma) | Click Here To Apply |
| Guidelines (Degree) | Click Here To Apply |
