STFC India Meritorious Scholarship 2024: Application, Deadline, Benefits, Eligibility

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STFC India Meritorious Scholarship: Application, Deadline, Benefits, Eligibility

The Shriram Capital Scholarship, provided by the Shriram Transport Finance Company Limited, is one of the most popular scholarships for Indian students. This scholarship is aimed at providing great financial support to students who come from economically weak backgrounds. Thanks to the scholarship amount worth INR 35,000, over 70,000 students have leveraged its benefits. The main goal of the STFC scholarship is to provide great financial support to students who are not only financially unstable but also pursuing their engineering or graduation program. Make sure you read this blog to the end to learn more information about the STFC scholarship. 

Scholarship NameShriram Transport Finance Company Scholarship
Availability To the students from a weaker financial background 
CompanyShriram Transport Finance Company 
Type of ScholarshipDiploma/IT/Graduation/Engineering
LocationPan India
Education Engineering 1-3 year
AmountINR 35,000
Last Date of Form Fill Up30 September 2024

Important Date

If you want to leverage the best benefits of the STFC scholarship, you need to make sure you know the important dates. Here are the last dates about the scholarship that will prove helpful during your application process.

Online Form Fill-Up Starting DateOngoing
Last Date to Submit Application Form30 September 2024

Also Read: GHC Scholarship: Amount, Eligibility, Benefits, Essay, Requirements

Benefits of the STFC Scholarship

Obtaining the STFC scholarship will undoubtedly prove extremely beneficial for students from weaker financial backgrounds. Some of the most eye-catching advantages of the STFC scholarship are:

  • As the scholarship amount is high, students will be able to stay motivated to pursue their higher education
  • Depending on the merits and financial condition, applicants can receive up to INR 4 lakh per year for their study purposes
  • As engineering degrees and graduations are long-term courses, students can focus on their course materials without worrying about expenses 

Also Read: Canara Bank Scholarship

Application Process

Unlike the other types of scholarships, the application process for the STFC scholarship is extremely user-friendly. Students can complete their application process through the Buddy4Study platform. Here are some important steps you need to follow:

  • Visit the official Buddy4Study website 
  • Choose the “Shriram Capital Scholarship Application” option 
  • Make sure you read all the essential details before clicking on the “Apply Now” option 
  • Use your Facebook/Email/ or Gmail Account to register your Buddy4Study account
  • Choose the “Continue” option 
  • Enter the essential details as per the application form for the scholarship 
  • Upload the required documents
  • Click on the “Submit” option after cross-checking everything 

STFC Scholarship Qualifications

This is another important thing you need to know. If you don’t check the eligibility criteria before applying for the STFC scholarship, you might realize your efforts have gone into vain. Here are some of the crucial things that should be considered:

  • Students who are pursuing their undergraduate degrees are eligible to apply 
  • The students should come from a background where their parents are either commercial transport owners or drivers
  • The candidates must score at least 60% marks in their class 10th and 12th exam 
  • The candidates should be pursuing a 3-year or 4-year engineering degree or graduation from a reputed Indian university
  • The overall income of the family should not be over INR 4 Lakh per year. 

Must Read: Haryana Scholarship

Required Documents 

Before you apply for the STFC scholarship, here are the crucial documents that you need for the application process:

  • Passport-sized photographs 
  • Class 10 transfer certificate
  • Identification proof such as Voter ID, Aadhar Card, etc
  • Class 10 mark sheet
  • Birth certificate
  • Family income proof
  • Commercial driving license of the parents 
  • Admission enrolment proof 

STFC Scholarship Selection Process

Keep in mind that candidates will be able to obtain their scholarship as per their financial as well as merit needs. The selection process involves numerous stages such as:

  • Online screening where the authorities will screen the applicants as per their financial requirements and academic merit.
  • Candidates who are shortlisted will go through telephonic interviews for more evaluation.

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Q.1 Can a student pursuing a B.Tech degree obtain the STFC scholarship?

Answer: Yes, students who are completing their engineering degrees as well as graduating can leverage the full benefits of the scholarship. 

Q.2 What should be your academic background?

Answer: To obtain the STFC scholarship, students should score at least 60% marks in both class 10th and 12th exams. In addition, they also need to submit proof of university enrolment during the scholarship application process. 

Q.3 Students from which states can obtain the scholarship?

Answer: The scholarship is available in PAN India. This means students from every part of the country can obtain this scholarship. 

This is everything you need to know about the STFC scholarship. If you want to leverage the best benefits of the STFC scholarship, make sure you apply as soon as possible. Looking to fulfil your study abroad dream? Contact the experts at Leverage Edu and they will assist you. 

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