HDFC Bank ANNOUNCES scholarship for students affected by COVID-19 - check details and who are ELIGIBLE to APPLY
HDFC Bank announces scholarship for the students who have been impacted by COVID-19. This scholarship from HDFC Bank is a part of Parivartan, HDFC Bank’s umbrella for its social responsibility.
HDFC Bank Students' Scholarship: There is a big relief for the students who have been impacted by COVID-19. Today, HDFC Bank has announced the launch of Covid Crisis Support Scholarship for students.
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This scholarship from HDFC Bank is a part of Parivartan, HDFC Bank’s umbrella for its social responsibility. This scholarship is not only meant for the school students but also for those who are pursuing UG, PG and diploma courses.
Under this scholarship scheme from HDFC Bank, a one-time financial assistance ranging between Rs 15,000 to Rs 75,000 will be provided to the students. This scholarship is available to the following students:
1) The students who have lost either or both of their parents
2) If the earning family member(s) have lost their employment (or livelihood) during the pandemic
The HDFC Bank has created a corpus of Rs 9 crore for the Parivartan Covid Crisis Support Scholarship. The Parivartan Covid Crisis Support Scholarship will help around 3,200 students under the following categories:
1) School (from class 1 to 12) covering around 1,800 students
2) College (diploma, graduation and PG courses) covering around 1,400 students
The students must note that whose annual family income is less than Rs 6 lakh per annum, and are pursuing studies in Indian boards and universities, would be eligible to apply. This crisis support scholarship is especially for those students who are on the verge of dropping out due to financial constraints due to the pandemic.
The scholarship programme will be managed by Buddy4Study India Foundation which hosts one of the largest scholarship platforms in India.
In this regard, Ashima Bhat, Group Head , Business Finance and Strategy, Administration, and Infrastructure said, "The pandemic has adversely impacted many families across the country and the education of many students is at risk. During this time of crisis, we believe in supporting talented young individuals who are going through hardships due to the pandemic and are at risk of dropping out from schools or colleges. As a socially responsible corporate citizen we will lend our support in every manner possible."
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