The Institute of Chartered Accountants of India (ICAI) has invited the applications for the award of Scholarships to the selected candidates under four categories.
Firstly, the category of Economically Weaker Intermediate Students wherein the scholarship amount is 1500/- per month for those students who are registered for Intermediate Course either through Foundation Route or through Direct Entry Route. Income of Parents should not be more than Rs. 3,00,000/- per annum.
The Scholarship will be granted for 9 months commencing from the following month of registration for Intermediate Course. Additional 3 months if the Student has completed the Orientation Course and IT within the first 9 months of registration for Intermediate Course. Additional 3 months if the Student has passed any one Group in Intermediate Examination within 12 months of registration for Intermediate Course.
Secondly, the category of Economically Weaker Final Students wherein the scholarship amount is 1500/- per month for those students who are registered for final Course and the Income of Parents should not be more than Rs. 3,00,000/- per annum.
The Scholarship will be granted for 30 Months or remaining period of Articleship, whichever is less.
Thirdly, the category of Merit-Cum-Need based scholarship wherein the scholarship amount is 2000/- per month for the rank holders of Intermediate Examinations other than those covered under Merit Scholarship. Students must register for the Final Course before making an application. Income of Parents should not be more than Rs. 3,00,000/- per annum.
The Scholarship will be granted for 30 Months or remaining period of Articleship, whichever is less.
Fourthly, the category of Merit Scholarship wherein the scholarship amount is 2500/- per month Rank holders of Intermediate Examinations, whose names appear at Sl. No. 1 to 10 and in case the rank at Sl. No. 10 continues to further ranks i.e. to Sl. No. 11 or to Sl. No. 12 or so on, then all such Rank holders. The students must register for the Final Course before making an application.
The Scholarship will be granted for 30 Months or remaining period of Articleship, whichever is less.
The students may apply online for the scholarship by login at Self Service Portal (SSP).
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