Check out the details of ICAI Scholarships 2017 for CA Students. So many Students does not know that ICAI has providing Scholarship for CPT, IPCC and CA Final Students. Today we are providing ICAI scholarship details i.e. how to apply for CA Scholarships, what are the Eligibility to get ICAI Scholarship, ICAI scholarship status, how to download ICAI scholarship application form.
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The Board of Studies awards various Scholarships to students, namely, Merit, Merit -cum-Need based and Need-based and Weaker Sections twice a year i.e. in the month of April and October. The announcements are released in the Student’s Journal-“The Chartered Accountant Student” calling applications for awarding the scholarships in March & September issues and also hosted on the website of the Institute. The students are required to apply in prescribed Scholarship Application Form. The details of scholarships and the criteria applied for selection of applicants are as under.
Types of Scholarships available for CA Students
Merit-cum-Need based Scholarship
Need-based and weaker sections Scholarship
Physically handicapped students or those who do not have any earning member in their family are given preference.Over and above the number of scholarships under this category, the children undergoing Intermediate (IPC) or Final Course of the deceased members of ICAI where financial assistance is provided to spouses of the deceased members from the Chartered Accountants Benevolent Fund (CABF) shall also be eligible for scholarship.
Download ICAI Scholarship Form for CA Students
- Click Here to download ICAI Scholarship Application Form
- Click Here to see official notification about ICAI Scholarship Scheme
Submission of ICAI Scholarship Application Form:
THE DULY COMPLETED ICAI SCHOLARSHIP APPLICATION FORM SHOULD REACH TO THE DIRECTOR, BOARD OF STUDIES, THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA, ICAL BHAWAN, A-29, SECTOR – 62, NOIDA- 201 309, BEFORE THE LAST DATE I.E 31ST MARCH FOR APRIL TERM AND 30TH SEPTEMBER FOR OCTOBER TERM.
Board of Studies, ICAI invites applications for the award of Scholarships to the selected candidates to be paid from April 1, 2017 onwards under following categories.
|Sr.No.||ScholarshipCategory||No. of Scholars hips||Amount(p.m.)||Eligibility Criteria|
|1.||Merit-cum-Need||15||Rs.1500/-||Rank holders (other than covered under Merit category) of Intermediate (IPC) Nov 2016 Exam provided their parents/guardians total annual income does not exceed Rs.1,50,000/-|
|2.||Need Based and Weaker Sections||125||Rs.1250/-||Students of Intermediate (IPC) Course provided their parents/guardians total annual income does not exceed Rs. 1,00,000/-|
|150||Rs.1250/-||Students of Final Course provided their parents/guardians total annual income does not exceed Rs. 1,00,000/-|
|As per eligibility criteria||Rs.1250/-||The children undergoing Intermediate (IPC) or Final Course of the deceased members of ICAI where financial assistance is provided to spouses of the deceased members from the Chartered Accountants Benevolent Fund (CABF) shall also be eligible for scholarship.|
|3.||Sri Dhanraj Kanhaiyalal Dudheria Scholarships||5||Rs.1250/-||Students of Intermediate (IPC)/Final from Karnataka State under Need Based & Weaker Sections criteria|
|4.||R.K. Khanna Memorial Scholarships||1||Rs.1250/-||Students of Intermediate (IPC)/Final under Need Based & Weaker Sections criteria|
|5.||J.S. Lodha Memorial Scholarships||2||Rs.1250/-||Students of Intermediate (IPC)/Final under Need Based & Weaker Sections criteria|
|6.||J.M. Sethia Charitable Trust Scholarships||1||Rs.1250/-||Students of Intermediate (IPC)/Final under Need Based & Weaker Sections criteria|
|7.||BCCO Foundation Scholarships||1||Rs.1250/-||Students of Intermediate (IPC)/Final under Need Based & Weaker Sections criteria|
|8.||Out of Joint Corpus formed by Donors||5||Rs.1250/-||Students of Intermediate (IPC)/Final under Need Based & Weaker Sections criteria|
Board of Studies, ICAI also awards Merit Scholarships to the Meritorious Students as a token of appreciation. Students whose names are appearing at Sl. No. 1-10 of Merit lists of Intermediate (IPC) of November, 2016 Exam, in case the Rank at Sl. No.10 continues to Sl. No. 11 or 12 or so on, then all such rank holders shall be granted @ Rs. 2000/- p.m. Such students are not required to apply.The detailed guidelines along with the requisite application forms (Form no. 3 & 4) are available on the Institute’s Website (www.icai.org) (link: http://www.icai.org/post.html?post_id=6486 ).
Terms for award of Scholarships:
- Applicants shall be the registered students of Intermediate (IPC) or Final Course.
- In the case of Intermediate (IPC) Students, Scholarship shall be paid for a maximum period of 18 months.
- In the case of Final students, Scholarship shall be paid for a maximum period of 30 months or balance period of their articleship, whichever is less.
- An additional amount of Rs. 100/- p.m. shall be paid to SC/ ST/ OBC students, under Need-based and Weaker Section Category on submission of certificate/ documentary proof duly attested by a gazetted officer or a member of the Institute.
- One scholarship under the Need-Based and Weaker Section Category is reserved for a Physically Challenged student.
- Income Certificate (Form No. 4) to be submitted on the letter head of the Principal by the Student undergoing Articleship (Practical Training) (Part I) / letter head of any member of ICAI by the Student not undergoing Articleship (Part-II).
Duly completed and signed Application Forms in the prescribed formats as mentioned above should reach the Director, Board of Studies, The Institute of Chartered Accountants of India, ICAI Bhawan, A-29, Sector-62, NOIDA-201309 latest by 31st March, 2017. In case of any clarification, please contact the Board of Studies, Telephone Nos. 0120-3045914/931; email: [email protected]; [email protected]
Click here to see official notification of ICAI about Scholarship For CA CPT IPCC and CA Final Students
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