Mirae Asset Foundation has taken an initiative to support students with the scholarship amount upto INR 50,000. The important highlights are tabulated below:
Particulars | Highlights |
Initiated by | Mirae Asset Foundation |
Name of scholarship | Mirae Asset Foundation Scholarship Program |
Goal | To help monetarily weak and underprivileged sections of society across India |
Eligible students | Those who are doing PG courses in India |
Scholarship amount | upto INR 50,000. |
An Introduction to Mirae Asset Foundation
Mirae Asset Foundation started in 2018 and works as the CSR branch of Mirae Asset Financial Group in India. Inspired by its parent foundation in Korea, it focuses on improving education in various ways. The Foundation offers scholarships to students and partners with schools, colleges, government agencies, and other groups to run effective educational programs throughout the country.
Requirements to Avail Scholarship Benefits
Only eligible candidates can get benefits. Before you apply, you must meet prerequisites. Tabulated below are the details:
Eligibility | Details |
Academic Requirement | Those students who are doing PG courses in India |
Marks Required | Minimum 60% in the previous academic year |
Yearly Family Income Limit | INR 8,00,000 per annum from all sources. |
Area Served | PAN India |
Complete academic fees paid to the particular institution | Not less than INR 50,000. |
Rewards of Scholarship
Scholarship worth up to INR 50,000
Important note: The scholarship money goes straight to the schools. It covers course fees, hostel fees, mess charges, and other costs related to your studies.
What Documents are Required?
The following documents are required for students to submit as desired.
When it comes to family income, students should meet any one of the following.
- Submit the TR for the last financial year from your parents,
- Salary slip or receipt.
- If your parents are self-employed, you'll need to provide an EWS certificate from a government authority.
Application Process for Scholarship
As already noted, only eligible candidates can get benefits. Before you apply, you must meet prerequisites, as explained above. The steps are below:
- Go to the official website of “Scholarship Program - Mirae Asset Foundation”.
- Navigate to apply now button.
- Register with your email, mobile, or Gmail account.
- Log in with the given details.
- Find the ‘Start Application’ tab and fill the form.
- Upload the documents you need to submit.
- Then, check the box for the 'Terms and Conditions' and hit 'Preview.'
- If everything looks good on the preview screen, go ahead and click 'Submit' to finish your application.
How are Applicants Selected for Scholarship?
Students interested in the Mirae Asset Foundation Scholarship will be chosen based on their grades and financial situation. Here’s how the selection process works:
1. First, the organization narrows down the applicants by looking at their academic records and financial information.
2. Then, there will be a phone interview and a check of important documents.
3. Finally, the scholarship team will pick the recipients.
If you are selected, the scholarship money will go straight to the institution where the student has been accepted.