Good News for Students! SBI Offers Scholarship to Win ₹20 Lakh!

Are you talented but struggling with higher education due to a lack of funds? Then there is great news for you. If you are a talented student from a Scheduled Caste or Scheduled Tribe community, the State Bank of India has brought an opportunity to help you fulfil your dream. The ‘SBI Asha Scholarship 2025,’ launched by the SBI Foundation, will provide selected students with financial assistance of up to ₹20 lakh each year. But how can you apply, and who is eligible? Read on to find out.

SBI Asha Scholarship 2025: Financial Aid for Higher Studies Abroad

The SBI Asha Scholarship aims to support students who want to pursue a Master’s degree or higher studies abroad but are hindered due to financial constraints. This scholarship is part of the State Bank of India Foundation’s Corporate Social Responsibility (CSR) program, Integrated Learning Mission (ILM). The primary goal of this scholarship is to remove financial barriers and help students access opportunities in top global institutions.

Eligibility Criteria

To apply for this scholarship, the following conditions must be met:

• The applicant must be an Indian citizen.
• The applicant must belong to the Scheduled Caste (SC) or Scheduled Tribe (ST) category.
• The applicant must have secured admission to a Master’s degree or higher course abroad and possess an offer letter.
• The applicant must have at least 75% marks in the previous academic year.
• The annual family income should be within ₹6 lakh. Priority will be given to students with a family income below ₹3 lakh.
• The university must be ranked among the top in the QS World University Rankings or Times Higher Education Rankings.

Benefits of the Scholarship

Selected students will receive financial assistance of up to ₹20 lakh per year, covering:

• 50% of the course fee.
• The remaining amount can be used for tuition fees, accommodation, academic expenses, or other needs.

Required Documents

The following documents are required to apply:

1. A recent passport-size colour photograph
2. Aadhar card and passport
3. Academic marksheets and certificates
4. Offer letter from the foreign university
5. IELTS/TOEFL score (if applicable)
6. Course fee structure and receipts
7. Family income certificate
8. Bank passbook photocopy
9. Caste certificate
10. Statement of Purpose (SOP)
11. Orphan letter (if applicable)
12. GRE/GMAT score (if applicable)

How to Apply

To apply for the scholarship:

• Visit the official portal: https://www.sbifashascholarship.org/
• Click on the ‘Apply Now’ button.
• Register on Buddy4Study and log in.
• Fill out the application form and upload the necessary documents.
• Verify the information and submit the form.

Application Deadline

The last date to apply is April 30, 2025. It is advised to complete the application before the deadline. This scholarship offers a golden opportunity to students who wish to pursue higher education abroad but are restricted due to financial limitations.