New Delhi: Ministry of Human Resource Development (MHRD) introduces a new Central Sector Scholarship Scheme for college as well as university students. The scholarship scheme is introduced with an aim to offer financial assistance to the meritorious students belonging to the weaker section who wish to purse higher studies and professional courses.
According to an official press release issued on Thursday, from the academic year 2010-11, the eligibility criteria has been modified from 80 % to 80th percentile in the applicable stream for a particular Board of Examination, in class XII of 10+2 or equivalent. Also, the release mentioned that students, whose parent's annual income is less than Rs 4.50 lakh per annum, pursuing higher studies or professional courses from recognized institutions as regular candidates, are considered to be eligible under this scheme.
Furthermore, as per the press release, there will also be reservation as per Reservation Policy of the government which will be subject to internal earmarking. Presently, the reservations for the students belonging to various categories are as follows: SCs-15%, STs-71/2%, OBCs-27% and horizontally 3% for physically Handicapped in all the categories. The income-ceiling is Rs 4.5 lakh per annum.