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Students Receiving Financial Aid to Attend University Because of Poverty

Proportion of students receiving financial aid to attend university because of poverty

In India, financial aid for university students from low-income backgrounds is provided through various schemes and scholarships offered by the government, private organizations, and educational institutions. The proportion of students receiving financial aid due to poverty can be understood through different programs and initiatives. The total number of students receiving financial aid from various schemes is 4621, with an amount of 106612254 INR.

  1. Government Scholarships and Schemes:
    • National Scholarship Portal (01.01.2023): The NSP is a one-stop platform for various scholarships the central and state governments offer. Scholarships like the Post-Matric Scholarship for Scheduled Castes (SC), Scheduled Tribes (ST), and Other Backward Classes (OBC) provide financial aid to students from low-income families.
    • Central Sector Scheme of Scholarships for College and University Students: This scheme provides financial assistance to meritorious students from low-income families.
  2. Institutional Financial Aid:
    • Centurion University offers students institutional scholarships and financial aid based on merit and financial need. Centurion University has various scholarship programs to support economically disadvantaged students.
  3. Non- governmental Scholarships:
    • Numerous non-governmental organizations and foundations offer scholarships to support students from low-income families. Examples include the Aravind Foundation Scholarship, Jk Lakshmi Vidya Scholarship, Vivo for Education Scholarship, Bharathi Cement Scholarship, etc.
  4. Education Loans:
    • Education loans are another common form of financial aid. Many banks in India offer education loans with favorable terms for students from low-income families. Examples include the Bihar Student Credit Card and West Bengal credit card schemes.
Number of students received scholarships in 2023
  • The number of students receiving financial aid from various schemes is: 4621
  • The total number of students: 10700

 

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