Akshaya Scholarship 2023: Eligibility, Benefits, Application, Last Date

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Education is the fundamental right of each and every individual but due to some unavoidable circumstances, few students even after being exceptionally good in academics, can’t avail their basic right to education. That’s the sole reason why the government of India provides different types of scholarships program to provide financial relief to any student who is seeking education. Today’s blog is all about the Akshaya scholarship as it is also one of the scholarships that is provided by the government of India. Continue reading to know more about it.

About Akshaya Scholarship

The Akshaya Scholarship 2023 is a scheme launched by the Government of Kerala in association with the Akshaya Centers that provide financial assistance for students who are exceptionally good in academics. This is a merit as well as a need-based scholarship program in which students from minority communities or with disabilities can also take benefits from this scholarship program.

Must Read: All About Abdul Kalam Scholarship for Higher Studies and more

Benefits of Akshaya Scholarship

Here are some details regarding the key benefits of Akshaya Scholarship:

  • Pre-Matric Scholarship Scheme for Minorities- In this particular Akshaya Scholarship scheme, students from minority communities can get a scholarship amount that ranges from INR 1,000 to INR 6,000 per annum. The scholarship amount is dependent on the class and is only valid for classes 1 to 10. 
  • Post Matric Scholarships Scheme for Minorities– This scheme provides financial assistance to students from minority communities studying in classes 11 to PhD level. The scholarship amount ranges from INR  3000 to INR 20,000 per annum depending on the course and type of institution.
  • Merit Cum Means Scholarship For Professional and Technical Courses– This Akshaya scholarship provides financial help to students pursuing professional and technical courses at the graduate or postgraduate level who also belong to the minority. The scholarship amount covers the full course fee and maintenance allowance up to Rs. 20,000 per annum.
  • Akshaya Merit and Sports Scholarship– The benefit of this scholarship it provides a fee waiver to meritorious and sports-talented students admitted to Akshaya College of Engineering and Technology (ACET) or Akshaya College of Arts and Science (ACAS). The fee waiver includes tuition, hostel (room rent and food), or bus fees depending on the category and performance of the student.

Eligibility Criteria

To avail of the benefits of Akshaya Scholarship you need to meet some essential eligibility criteria. We have listed them below, kindly take a look:

  • You should be a citizen of India
  • You should belong to a minority community ie. (Muslim, Christian, Sikh, Buddhist, Jain, or Parsi) or have a physical disability certificate
  • You need to pass all your examinations with at least 50% marks
  • Your annual family income should be less than INR 2.5 lakh for pre-matric schemes, INR 2 lakh for post-matric schemes, and INR 6 lakh for merit-cum-means schemes.
  • If you avail of any other scholarship or stipend from any other source you will be ineligible for this scholarship

Documents Required

Here are some important documents that will come in handy while filling out the application form:

  • Identity Proof of School or College (Depending on which scholarship you are applying for)
  • Aadhaar Card
  • Caste Certificate
  • Marks Sheet of all previous qualifications
  • Family Income Certificate
  • Physical Disability Certificate (If any) 

Must Read: Reliance Foundation Scholarships 2023

Application Process

The application process for the Akshaya scholarship is extremely simple, but in case you face any kind of problem you can follow this straightforward guide to submit your application successfully:

  • You need to head over to the official page of NSP that provides government scholarships.
  • You can also simply search for “NSP Government Scholarships” on your search engine.
  • You need to register yourself as a new user on this website by providing your basic details like name, date of birth, mobile number, email ID, bank account number, etc.
  • After filling up all the details create a new account and remember the credentials
  • Now you need to log in to your account and fill up the application form with your personal, academic, and income details.
  • Upload all the required documents as asked and submit your application
  • You can also take a screenshot or printout of the application form for future reference


What are the Akshaya Scholarships available for physically disabled students?

Akshaya Scholarships also provide financial relief related to education for physically disabled students and they are as follows:
Pre-matric Scholarship for Students with Disabilities
Post-matric Scholarship for Students with Disabilities

How can I check the status of my Akshaya scholarship application?

You can check the status of your scholarship application by logging into your NSP account and clicking on the ‘Check Your Status’ tab.

How will I receive the scholarship amount?

As you created an account in NPS while creating an account they ask for your bank account details, and you will directly receive your scholarship amount.

This was all about the Akshaya Scholarship. You can learn about more scholarships, courses and career options in India at Leverage Edu Blogs.

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