In India, many talented female students from economically disadvantaged backgrounds face significant barriers to continuing their education. To address this, Kotak Mahindra Finance Limited, through its Kotak Education Foundation, has launched the Kotak Kanya Scholarship 2024-25. This initiative aims to empower young women by providing financial assistance, enabling them to pursue professional courses like MBBS, Engineering, and Architecture without financial constraints.
Kotak Kanya Scholarship Amount
The Kotak Kanya Scholarship provides up to ₹1.5 lakh every year to each eligible student. This amount is allocated to cover various academic expenses, including –
- Tuition Fees: Complete coverage of the tuition fees for the chosen professional course.
- Hostel Fees: Financial support for accommodation during the course of study.
- Internet and Transport: Coverage for necessary expenses like internet access and transportation.
- Laptop, Books, and Stationery: Provision for purchasing essential study materials such as laptops, books, and stationery.
Applicant Eligibility
To be eligible for the Kotak Kanya Scholarship 2024-25, applicants must meet the following criteria –
- Academic Achievement: Candidates should have secured a minimum of 85% marks in their 12th standard examination.
- Family Income: The annual family income of the applicant must be ₹3.2 lakhs or less.
- Course Enrollment: The applicant must be enrolled in a professional course such as MBBS, Engineering, Pharmacy, Nursing, Architecture, Integrated LLB, or Design. Admission to the course should be confirmed.
Required Documents
Applicants are required to submit the following documents as part of the application process:
- National Identity Card: Aadhaar Card of the applicant.
- Academic Records: Mark sheet of the 12th-grade examination.
- Income Proof: Document proving the annual income of the family, such as a salary slip or income certificate.
- Admission Receipt: Proof of admission to the relevant professional course.
- Bonafide Certificate: A certificate from the college verifying the student’s enrollment.
- Photograph: A recent passport-sized photograph of the student.
- Bank Passbook: The first page of the bank passbook, showing the applicant’s account details.
- ITR of parents for FY 2021-22: If available, it should be submitted as part of the application process for the Kotak Kanya Scholarship 2024-25. This document can help provide additional proof of the family’s financial status.
- Disability certificate: If you have a disability, you should submit a valid disability certificate as part of your application for the Scholarship. This document will help verify your eligibility for any additional considerations under the scholarship program.
- Death certificate of parent: The death certificate of a parent is required if you are applying as a single parent or orphan candidate. This document is necessary to verify your eligibility for the Kotak Kanya Scholarship 2024-25 under these specific circumstances.
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Kotak Kanya Scholarship 2024 Application Procedure
To apply for the Kotak Kanya Scholarship, candidates must follow these steps –
Registration on Buddy4Study:
Applicants must first log in to the Buddy4Study platform. If not already registered, they need to create an account using their email ID and password.
Application Process:
- After logging in, search for ‘Kotak Kanya Scholarship 2024-25’.
- Click on the ‘Start Application’ button.
- Accurately & carefully fill in all required details in the online application form.
- Upload the necessary documents mentioned above.
- Review the form carefully for any possible mistakes and submit it to complete the application.
Application Deadline
The last date for submission of the application is 30th September 2024. It is crucial to ensure that all documents are uploaded correctly and the application is submitted before this deadline.
For more detailed information, visit the kotak kanya scholarship 2024 official website Kotak Kanya Scholarship page.
FAQs
What is the Kotak Kanya Scholarship 2024-25?
The Kotak Kanya Scholarship 2024-25 is an initiative by Kotak Mahindra Finance Limited through its Kotak Education Foundation. It provides financial assistance of up to ₹1.5 lakh per year to talented female students from economically disadvantaged backgrounds, enabling them to pursue professional courses like MBBS, Engineering, and Architecture without financial constraints.
How will i receive fund if selected in Kotak Kanya Scholarship ?
If you are selected for the Kotak Kanya Scholarship, the scholarship funds will be directly transferred to your bank account. During the application process, you’ll need to provide the first page of your bank passbook, which includes your account details. Ensure that the bank account is in your name and is active, as the scholarship amount will be disbursed through this account.
Is Kotak Kanya Scholarship for 1 year only?
No, the Kotak Kanya Scholarship is not limited to just one year. It provides financial support for the entire duration of the professional course you are enrolled in, which could range from 3 to 5 years, depending on the course. The scholarship amount, up to ₹1.5 lakh per year, will be disbursed annually to cover your academic expenses throughout the course.
Can i apply in Kotak Kanya Scholarship in my 1st year of graduation ?
Yes, you can apply for the Kotak Kanya Scholarship in your 1st year of graduation. However, to be eligible, you must have already secured admission in a professional course such as MBBS, Engineering, Pharmacy, Nursing, Architecture, Integrated LLB, or Design. Additionally, you should have scored a minimum of 85% in your 12th standard examination and meet the other eligibility criteria.
What is the last date for application submission in Kotak Kanya Scholarship 2024 ?
The last date for submission of the Kotak Kanya Scholarship 2024-25 application is 30th September 2024.
