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Information on scholarships - The Hindu

HDFC Bank Parivartan’s ECS Scholarship 2021-22 HDFC Bank supports meritorious and needy students belonging to underprivileged sections of the society. It will be given either on the basis of merit-cum-means or family/personal crisis. Eligibility: Open to students who are Indian nationals and either studying between Class 6 and 12, or doing a Diploma, Undergraduate or Postgraduate (including professional and non-professional) course. For merit-cum-means based scholarship, the students must have passed previous qualifying exam with at least 55% marks and annual family income must be less than or equal to ₹2.5 lakh. For a need-based scholarship, the students must be facing a personal or family crisis that has occurred during the past three years, due to which they are unable to continue bearing the cost of education and are at risk of dropping out.

Scholarship Alert

Union Budget 2021-22: Funds for schools slashed

The education sector witnessed a major cut in outlay in the Union Budget for 2021-22 amid substantial dip in allocation to a scheme that aimed to improve school infrastructure and teaching. The allocation to school and higher education in the budget presented by finance minister Nirmala Sitharaman on Monday was Rs 93,224 crore against the budgeted estimate of Rs 99,311 crore in 2020-21, which was revised to Rs 85, 089 crore. This is for the first time that the education ministry’s budget witnessed a cut in the allocated amount in the recent years. Allocation to a scholarship scheme which aims to promote enrolment and reduce dropout of girls belonging to Scheduled Caste (SC) and Scheduled Tribe (ST) communities in secondary schools also plummeted.

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