Students to get 25,000 per year under PARAS Scholarship; Check your eligibility

PARAS Scholarship Programme 2023-24 is a CSR (Corporate Social Responsibility) initiative of TATA AIA Life Insurance Company Limited that aims to support the education of meritorious and underprivileged students.

Under this programme, students who are studying in the first-year of graduation, postgraduation, or PG diploma courses in professional fields such as Commerce, Economics, Accounting & Finance, Banking, Insurance, Management, Data Science, Statistics, Risk Management and other related fields shall be entitled to receive a one-time scholarship support of up to Rs 25,000. Buddy4Study is the implementation partner for this scholarship programme.

Tata AIA Life Insurance Company Limited (Tata AIA) is a joint venture company formed by Tata Sons Pvt. Ltd. and AIA Group Ltd. (AIA). Tata AIA Life combines Tata’s pre-eminent leadership position in India and AIA’s presence as the largest, independent listed pan-Asian life insurance group in the world, spanning 18 markets in the Asia Pacific region. Committed to a prosperous future, it also fulfils its Corporate Social Responsibility (CSR) by impacting society positively and this scholarship programme is one such initiative.

Eligibility:

• Open for students studying in the first year postgraduate courses such as M.Com., M.Sc., M.A., etc. in Banking, Insurance, Management, and other related fields.
• Applicants must have secured at least 50% marks in their previous class/semester.
• Annual family income of applicants should not exceed ₹5 lakh from all sources.
• Students from pan India are eligible to apply.

NOTE:

• Children of TATA AIA employees/leaders/agents/distribution partners etc. and Buddy4Study employees are not eligible to apply.
• Preference will be given to economically backward students from Scheduled Castes (SC), Scheduled Tribes (ST), Persons with Disabilities (PwD), and girls.
• Preference will be given to COVID-affected students who have lost any of their earning members/parents since January 2020 or whose earning family members have lost livelihood/employment during the pandemic.

Benefits:

• Rs 25,000 per year

Documents:

• Passport-size photograph of the applicant
• Attested mark sheet of the last qualified examination
• College admission proof (Admission Letter/Institution ID Card, etc.)
• Proof of identity (Aadhaar Card/Driving License/PAN Card, etc.)
• Proof of address (Aadhaar Card/Driving License/Electricity Bill, etc.)
• Proof of family income such as ITR, salary slips, income certificate by a concerned government authority, etc.
• Attested photocopy of caste certificate issued by the competent authority (if applicable)
• Bank details of applicants (or parents)
• Statement of purpose/essay
• Crisis document and disability certificate (if applicable)

Click here and follow the guideline to apply for PARAS Scholarship.

Important dates:

• Deadline: December 15, 2023

Also Read: Planning To Study Abroad? Explore Scholarships for South Korea

(Source: buddy4study.com)