Income Based Scholarships

Income-based scholarships are awarded to bright students who belong to economically backward sections of society. The scholarships schemes are available to suitable candidates by India's government and non-government institutions. The income-based scholarships are primarily conducted to provide monetary grants to deserving applicants and empower them to aspire for higher education. The eligible students will get rewards upto INR 2,00,000 and other educational allowances.

Table of Contents

• List of Income-Based Scholarships 
• Application Process for the Income-Based Scholarships
• Essential Documents

Check Other Important Scholarships in India

State wise Scholarships

Discipline Level Scholarships

Category wise Scholarships

Class wise Scholarships

Course wise Scholarships

List of Income-Based Scholarships

• HP Udaan Scholarship
• Credit Suisse Scholarship Program
• DXC Progressing Minds Scholarship
• FIHFC Scholarship
• TS ePASS Pre-Matric Scholarship (Telangana ePASS)
• Vidyadhan Scholarship
• NSP Pre Matric Scholarships Scheme for Minorities
• G P Birla Educational Foundation Scholarship
• ONGC Scholarship 
• Dr. Ambedkar Scholarship

HP Udaan Scholarship

HP Udaan scholarship is a great initiative by HP, India, for students studying in class X and other undergraduate programs. Applicants who cannot fund their education are given the necessary financial support. Over 1300 applicants from all over India benefit under this income-based scholarship 2023 scheme. Rewards upto INR 30,000 per annum are granted, including a 50% reservation for girls.

Last Date

The last date of applying for the HP Udaan scholarship has not been declared yet.

Read more: HP Udaan Scholarship

Credit Suisse Scholarship Program

The Credit Suisse scholarship is launched by the Credit Suisse Investment Banking Company, whose principal purpose is to financially assist students pursuing BE or MBA degrees in eligible institutions of Mumbai and Pune. The selected candidates will receive up to INR 2,00,000 rewards or an 80% rebate on their total fee. As a result, numerous bright-minded students across the country have availed of the benefits provided by the scholarship program.

Last Date

The last date to apply for the Credit Suisse scholarship program is February 10, 2023.

Read more: Credit Suisse Scholarship Program

DXC Progressing Minds Scholarship

The DXC progressing minds scholarship is an income-based scholarship introduced by DXC Technology India. It is made available to the students pursuing an undergraduate degree in Computer Science, Information Technology, Electronics, and Communication or Electrical Engineering. The selected candidates can expect up to 50% coverage of the combined course fees or INR 40,000 per annum (whichever is lesser).

Last Date

The last date to apply for the DXC progressing minds scholarship will be declared soon.

Read more: DXC Progressing Minds Scholarship.

FIHFC Scholarship

The FIHFC scholarship was started by Fullerton India Home Finance Company Ltd. (FIHFCL). The income-based scholarship scheme's main purpose is to encourage and financially support exceptionally brilliant students of classes 10th to 12th who have low socio-economic backgrounds. The primary objective of the FIHFC scholarship is to provide extended support to the underprivileged students studying in Uttarakhand, Ahmedabad, Jaipur, Surat, and Lucknow. Rewards upto INR 10,000 are granted to the deserving students whose family income is not greater than INR 4,00,000 from all sources. 

Last Date

The last date to fill out the income-based scholarship application form for the FIHFC scholarship has not been updated yet.

Read more: FIHFC Scholarship

TS ePASS Pre-Matric Scholarship (Telangana ePASS)

The TS ePass pre-matric scholarship incorporated under the income-based scholarship is offered by the state government of Telangana for the meritorious students studying in classes 9 and 10 belonging to SC/ST, BC, disabled, EBC, PwD, and other minority categories. The parental income of the eligible scholars should not exceed INR 2,00,000. The basic aim of this scheme is to reduce dropouts of bright students because of financial problems. A maximum scholarship amount of upto INR 20,00,000 will be distributed among selected applicants.

Last Date

The last date announced for the TS ePASS pre-matric scholarship is March 31, 2023.

Read more: TS ePASS Pre-Matric Scholarship (Telangana ePASS)

Vidyadhan Scholarship

The Vidyadhan scholarship program was launched by the Sarojini Damodaran Foundation, under which class 10th passed academically exceptional students from economically backward families are selected through competitive tests and interviews. The suitable applicants who satisfy the eligibility criteria will be working for a two-year scholarship program conducted by the Sarojini Damodaran Foundation. The reward amount assigned for this income-based scholarship varies from INR 10,000 to INR 60,000 per year depending on various factors like state, course opted, duration of the course, etc.

Last Date

The last date for the Vidyadhan scholarship program will be notified soon.

Read more: Vidyadhan Scholarship

NSP Pre Matric Scholarships Scheme for Minorities

The Ministry of Minority Affairs conducts the NSP pre-matric scholarship program for minorities 2021-22, for 1st to 10th standard students of minority communities. The primary aim of this scholarship is to provide financial cooperation to the impoverished candidates of minority communities who are unable to proceed with their higher education because of excessive fees. The annual family income of the students must not surpass INR 1,00,000 per annum from all sources as per the income-based scholarship eligibility criteria. Variable rewards are sanctioned to the eligible fellows under this scheme.

Last Date

The last date to apply for the NSP pre-matric scholarships scheme for minorities will be declared soon.

Read more: NSP Pre Matric Scholarships Scheme for Minorities.

G P Birla Educational Foundation Scholarship

The G P Birla Foundation scholarship was introduced by G P Birla educational trust. Under this income-based scholarship scheme, around 100 students of West Bengal are selected and granted INR 50,000 per year as a scholarship reward. This scholarship aims to promote students of economically backward sections of society and nurture them to become future leaders.

Last Date

The last date for submitting the G P Birla educational foundation scholarship application form has not been released yet.

Read more: G P Birla Educational Foundation Scholarship

ONGC Scholarship

The ONGC scholarship is a scholarship program initiated by the Oil and Natural Gas Corporation (ONGC). This income-based scholarship is proposed to the students belonging to SC/ ST/ OBC and general categories in the first year of MBBS, Engineering, MBA, or Masters in Geophysics/Geology subject. Around 2,000 meritorious students are selected for this scholarship and rewarded up to INR 48,000 as the income-based scholarship.

Last Date

The last date of application for the ONGC scholarship is May 25, 2023 (tentatively).

Read more: ONGC Scholarship 2023

Dr. Ambedkar Scholarship

Dr. Ambedkar scholarship is an advantageous scheme put forth by the Punjab government for the bright and deserving students belonging to SC (Scheduled Castes) and BC (Backward Classes). The principal purpose is to provide financial aid to promote the students from weaker sections of society for higher studies. Rewards are likely INR 1,200 per month, and some other benefits are disbursed under this income-based scholarship scheme.

Last Date

Eligible students can submit their applications for the Dr. Ambedkar scholarship by October 30, 2023 (tentatively).

Read more: Dr. Ambedkar Scholarship

Application Process for the Income-Based Scholarships

The procedure for applying for income-based scholarships in the national and official portals is provided underneath. Therefore, the applicants who get shortlisted for the scholarship program can follow the mentioned steps, and they must keep the valid documents ready before filling up the online forms.

National Scholarship Portal

• TS ePASS Pre-Matric Scholarship (Telangana ePASS)
• NSP Pre Matric Scholarships Scheme for Minorities
• Dr. Ambedkar Scholarship

How to Apply on the National Scholarship Portal?

For income-based scholarships 2023, the candidates have to search for the desired scholarships on the National Scholarship Portal. Then, they need to follow the guidelines and instructions, after which they can proceed with the application procedure summarised in the following steps:

Step 1: Candidates should visit the official internet site of the National Scholarship Portal.

Step 2: First-time users should register themselves for income-based scholarship login details.

Step 3: After successful registration, they must log in to the portal through the credentials.

Step 4: Applicants may search for the specific scholarship from the different income-based scholarship schemes on the website.

Step 5: Then, they should hit the apply now tab given on the page.

Step 6: Next, provide the required details.

Step 7: The candidate can now upload valid income-based scholarship documents.

Step 8: Mark the terms and conditions button and take an extended preview.

Step 9: If the details are found correct on the preview screen, apply to end the procedure.

Read more: NSP Login.

Official Scholarship Portal

• HP Udaan Scholarship
• Credit Suisse Scholarship Program
• DXC Progressing Minds Scholarship
• FIHFC Scholarship
• Vidyadhan Scholarship
• G P Birla Educational Foundation Scholarship
• ONGC Scholarship

How to Apply on the Official Scholarship Portal?

Applying for the income-based scholarships 2023 in the official portals is more or less similar to the National Portal. The qualified candidates must satisfy all the required income-based scholarship eligibility criteria. Additionally, they can gain insight into the application process by following the steps.

Step 1: Open the official website of the desired income-based scholarship.

Step 2: Applicants need to search for the selected scholarship on their respective websites.

Step 3: They should hit the apply now tab on the scholarship pages.

Step 4: New users need to complete their first-time income-based scholarships registration on the portal.

Step 5: After completing the registration, the eligible scholars must fill in the income-based scholarship online form and all the required details.

Step 6: They should upload the required scholarship documents and review the information entered.

Step 7: Finally, they should click on the submit tab to end the process.

Note: The application process for different scholarships might differ.

Essential Documents

Some valid income-based scholarship documents must be uploaded while applying for the scholarship schemes. The documents should be authentic and in the specified format to avoid rejections. A list of essential income-based scholarships documents is given below: 

• Photograph
• Fee receipt
• Marksheets
• I.D. proof
• Income certificate
• Bank details
• Aadhaar card
• Reference letter
• Minorities certificate
• Recommendation letter from the head of the institution

For more details, visit our Scholarships 2023 Directory.