The Board of Trustees of the Institute of Chartered accountants of India ( ICAI ) has decided to provide financial assistance of Rs. 1500/- p.m, for articled assistants who are registered for Intermediate (IPC)/IPCC course and Rs. 2000/- P.M. for those students registered for final course and are currently undergoing articled/industrial training in accordance with The Chartered Accountants Regulations, 1988 and are poor, needy but meritorious to pursue the Chartered Accountancy course for one year with effect from 1st April, 2018 to 31st March, 2019 to be paid in lump sum, subject to filing of required application.
The eligibility criteria for obtaining financial assistance from CASBF are as under:
Students who are fulfilling the above criteria may apply for financial assistance from Chartered Accountants Students Benevolent Fund. Students may send their request in the prescribed Application form, duly filled in to the Member Secretary, Chartered Accountants Students Benevolent Fund at the following address so as to reach on or before 30th November 2018. The form can be downloaded from website of the Institute i.e. www.icai.org.
Applications not recommended by any of Central Council Member/Chairman/Vice-Chairman/Secretary of the Regional Council/Ex-President/Chairman/Vice-Chairman and Member-Secretary/Board of Trustees of CASBF will not be considered.
The Board of Trustees will consider each case on merit basis and decide at their discretion on the amount to be granted from Chartered Accountants Students Benevolent Fund.