Let me tell you about Rekha, a hardworking girl who always dreamt of becoming a Lawyer. Her father, a truck driver, could hardly make ends meet but somehow still provided for Rekha’s education. However, her family income did not stop her from dreaming big. Instead, it turned her into a prolific student. She never wasted her time and always found a solution to every problem she faced. She hoped to find a flexible approach to solve her financial problems with limited resources. In 2019, Rekha finished her 12th class education with impressive scores and was very sure she wanted to study more. Knowing her family will not be able to afford her education, Rekha wondered how she could finance her higher education. She surfed through the internet for scholarships that suit her the best and came across STFC Scholarship for meritorious Indian students. Rekha was the perfect candidate for this scholarship and her passion was recognised by the committee.
Here is how the STFC Scholarship Toolkit helped her study at a prestigious Law college in India to pursue her higher education:
What Is The STFC India Meritorious Scholarship?
India’s largest non banking financial institution, Shriram Transport Finance Company Limited offers scholarships to support meritorious students with financial need. Underprivileged students who are children of commercial transport drivers: owner-cum-drivers, who face challenges in educating themselves further. STFC Scholarship offers both need based and merit based scholarships, combined into one. Till 2021, 70,000 Indian students have been awarded this scholarship.
What Are The Disciplines STFC Scholarship Covers?
STFC offers students financial assistance to help them pursue their higher education in the following fields of study:
- Engineering
- Law
- Social Sciences
- Sciences
- Business and Entrepreneurship
- Medicine
- Commerce
- Mass Communication
- Education: B.ED, M.ED,
- Fashion Design
- Fine Arts
- Hotel Management
What Is The Eligibility For an STFC Scholarship for Undergraduate Students?
- If you are applying for an undergraduate course, you must score at least 60% in your 10th and 12th level courses.
- You must be enrolled into an engineering program for a duration of 3 or 4 years. This should be at a recognised Indian university or college.
- Your family income should not exceed 4 Lakh per year.
- You are eligible only if you are the ward of a commercial driver or owner-cum-driver.
Benefit of STFC Scholarship For Undergraduate Students
STFC Scholarship for undergraduate scholars amounts to a maximum of 35,000 and a minimum of 30,000 per year for a maximum of 4 years.
What Is The Eligibility For STFC Scholarship For Diploma Students?
The eligibility for diploma students is as follows:
- The scholarships are valid for students who have scored at least a 60% in their 10th class.
- Applicants should be enrolled into ITI/Polytechnic/Diploma courses before applying for this scholarship.
- Your family income should not exceed 4 Lakh per year.
- You are eligible only if you are the ward of a commercial driver or owner-cum-driver.
What Is The Value Of This Scholarship For 10th Class Diploma Students?
STFC India Meritorious Scholars for Diploma are eligible to receive an amount of INR 15,000 for a maximum period of 3 years.
What Is The Eligibility For an STFC Scholarship for 12th Class Diploma Students?
- The scholarships are valid for students who have scored at least a 60% in their 10th 12th classes.
- Applicants should be enrolled into ITI/Polytechnic/Diploma courses before applying for this scholarship.
- Your family income should not exceed 4 Lakh per year.
- You are eligible only if you are the ward of a commercial driver or owner-cum-driver.
What Is The Value Of This Scholarship For 12th Class Diploma Students?
STFC India Meritorious Scholars for Diploma are eligible to receive an amount of INR 15,000 for a maximum period of 3 years.
Which Documents Do You Need To Apply For STFC Scholarship?
The following documents need to be submitted with the scholarship application form:
- Passport Size Photograph
- Aadhar Card
- ID Proof
- Age Proof for confirmation: Birth certificate/Class 12 Certificate/Passport)
- Marksheets of class 10th and 12th
- Income proof of family: salary slips/ITR form 16/income certificate
- Proof of admission
Which Is the Best Place To Find Student Accommodation?
UniAcco is a cross border student housing marketplace. You can find high quality, affordable properties for accommodation near the university of your choice in more than 8 countries
What Is The Selection Process For STFC Scholarship?
The selection process of STFC Scholars involves several steps. Each candidate’s application is assessed on the basis of their merit and need for financial assistance. In order to be considered for this scholarship, you must make sure that all information you have submitted in the online or offline application is best to your knowledge.
Your application will first be screened by the members of the selection committee based on the quality of your application (merit and credibility) and your need for financial support. Once you fulfil both criteria, you will be called for the next stage of the process. Thi involves a telephone interview for further shortlisting of candidates.
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We hope you liked reading our blog on STFC Scholarship: The Indian Jugaad For Need Based Finances. Curious about more such scholarship opportunities? The following may be of interest to you:
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I have done Bachelor’s in Culinary Arts from India and completed my graduation in the year 2022 .I am 22 years old. After graduation, I have done 1 year paid internship from USA .Now, I would like to take occupational experience and learn culinary skills and also do masters in Culinary arts.How can I find the college n best course / country where I can persue studying further