The Department of Higher Education of Ministry of Human Resource Development [MHRD], Government of India has decided to implement a new Central Sector Scheme titled ‘Scheme of Scholarship for College and University Students’ w.e.f. 2008-09.
This would be available to upto 82,000 meritorious students per year belonging to non-creamy layer, studying in recognised Colleges/Universities in India, who are not in receipt of any other scholarship. 50% of the total number of scholarships would be for girls. The rate of scholarship would be Rs. 1,000/- (Rupees One thousand only) per month for graduation level for the first 3 years of the College/University Education and Rs. 2000 (Rupees Two thousand only) per month in the 4th and 5th year of College/University Education. The Scholarship would be paid for 10 months is an academic year. The scheme is also open to students pursuing professional courses through recognised institutions. However, renewal of the scholarship from year-to-year would be subject to good conduct and fulfillment of prescribed academic performance.
All the State Boards of Senior Secondary Education ,CBSE and ICSE have been requested to contact the eligible candidates on the basis of the merit list of Senior Secondary Examination results 2008 and recommend to the MHRD the details of Scholars selected against the specified number of scholarships allocated to the Board. The disbursement of scholarships to these selected students will be made by the MHRD, directly into the bank account of the students, through a designated Bank.