2008

Ministry of Education

State Bank of India

Central Sector Scheme

To award scholarships to meritorious students of economically weaker sections to arrest their drop out at class VIII

FY 2021-22 to FY 2025-26

₹1827 crores

Students whose parental income from all sources is not more than ₹3,50,000 per annum

Students must have minimum 55% marks or equivalent grade in Class VII examination to appear in selection test

Students should be studying as regular student in a Government, Government-aided and local body school

Students of Kendriya Vidyalayas and Jawahar Navodaya Vidyalayas and residential schools are not entitled for scholarship

No scholarship available for studies abroad for any course

1 lakh fresh scholarships awarded to selected students from Class IX each year and upon their continuation/renewal in Classes X to XII

Awardees should get minimum of 60% marks in Class X for continuation of scholarship (relaxable by 5% for SC/ST candidates) in next higher classes

For continuing scholarship in class X and XII, awardees should get clear promotion form class IX to class X and from class XI to class XII in the first attempt