Being able to study in the top universities of the world is a dream for many. But the ever-rising cost of attending these universities has made several worthy candidates unfit for such universities. According to Forbes, the price of college education increased nearly eight times faster than wages. Worse still, the student loans account for a substantial chunk of U.S. non-housing debt.
To help students realize their dreams of studying in top universities, the Government of India has launched several schemes. National Overseas Scholarship scheme, one such scheme, helps the low-income students belonging to the Scheduled Castes, Denotified Nomadic and Semi-Nomadic Tribes, Landless Agricultural Laborer’s, and Traditional Artisans category to obtain higher education viz., master’s degree or Ph.D. courses by studying abroad. It is an attempt to improve their economic and social status.
SCOPE
In each Selection Year, 100 fresh awards, subject to availability of funds, will be given under the Scheme. The following is the category wise distribution of slots for various groups eligible for scholarship under the scheme:
S.No. | Category | Numbers |
a) | Scheduled Castes | 115 |
b) | Denotified, Nomadic and Semi-Nomadic Tribes | 06 |
c) | Landless Agricultural and Traditional Artisans | 04 |
| Total Slots | 125 |
Note: -
• A total of 37 seats have been reserved for women candidates.
• Bachelor’s Level courses in any discipline are not covered under the scheme.
• Candidates already staying/ studying abroad are not eligible for scholarship under the Scheme.
ELIGIBILITY
Age – below 35, as of 1 st April of every selection year.
Family Income – should not exceed Rs 8 lakh p.a.
Minimum qualification – if going for a Ph.D., a minimum of 60 percent marks or equivalent grade is mandatory in the master’s degree. Similarly, if going for a master’s degree, a minimum of 60 percent marks or equivalent grade is required in the bachelor’s degree.
FINANCIAL ASSISTANCE
The costs covered and the assistance provided under the scheme is as follows -
Tuition fees
Maintenance allowance
Contingency allowance
Poll fee
Visa fee
Equipment allowance
Medical insurance premium
Air passage (economy class)
Local travel For more details, refer to the scheme guidelines available on the portal.
APPLICATION PROCEDURE
An applicant can apply for the scholarship through the online portal only. Make sure to go through these guidelines before filling the application form.
Written by –
Siya Bajaj
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