Shriram Transport Finance Company (STFC) Limited, one of India’s largest non-banking financial companies, offers scholarship to support financially underprivileged children/wards of commercial transport drivers/owner-cum-drivers.
Under the ‘STFC India Meritorious Scholarship Programme’ meritorious students who face financial problems in continuing their education, can get financial assistance up to INR 35,000/year for ITI/Diploma/Graduation/Engineering studies.
Shriram Transport Finance Company (STFC) Limited has been encouraging students across the country with merit-based scholarships. So far, close to 70,000 students have already received support from STFC for their studies in the previous years.
Eligibility
1. Open for students who’ve passed Class 10 with at least 60% marks 2. Applicants must be enrolled in an ITI/Polytechnic/Diploma course at a recognised institution in India 3. Family income must be less than or equal to INR 4,00,000 (4 Lakhs) per year 4. Applicants must be the children/wards of commercial transport drivers/owner-cum-drivers only
Benefits
INR 15,000 (Max. 3 Years)
How To Apply?
Eligible students can apply to this scholarship by following the steps below:
1. Go to the Linkand Click on ‘Apply Now’ link above 2. Login to Buddy4Study using registered login process to access the ‘Application form’ 3. If not registered on Buddy4Study – Sign up at Buddy4Study with Email/Facebook/Gmail account 4. Select the option of scholarship programme you wish to apply for and click on ‘continue’ button 5. Fill the scholarship application form 6. Upload the required documents with the application 7. Click on ‘Submit’ button to complete the application process
Documents Required
The following documents need to be uploaded along the online scholarship application:
1. Passport size photograph 2. Photo ID proof 3. Aadhaar card 4. Age proof (Birth Certificate/Passport/Class 10 School Leaving Certificate) 5. Class 10 Marksheet (self-attested copy) 6. Commercial driving licence of parent/guardian (copy) 7. Family income proof (ITR Form-16/income certificate from competent government authority/salary slips) 8. Proof of admission (college/school ID card, academic fees receipt) for academic year 2020-21
Selection Process
The selection process of STFC is a multi-stage process where scholars will be selected after the assessment of merit and financial needs of the applicants.
The key steps of the selection process are mentioned below: 1. Screening of scholarship applications based on merit and financial need 2. Telephonic interviews for further shortlisting of candidates
