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 Scholarships for CA Students

Seminar on Issues in Refund of MVAT at Jalgaon Branch of WIRC of ICAI on 20th February, 2016.
February, 19th 2016
                                     Scholarships for CA Students
    Board of Studies, ICAI invites applications for the award of Scholarships to the selected candidates
to be paid from April 1, 2016 onwards u n d e r f o l l o w i n g c a t e g o r i e s :
   Sr.          Scholarship            No. of        Amount                         Eligibility Criteria
   No.           Category             Scholars        (p.m.)
    1.     Merit-cum-Need                15         Rs.1500/-       Rank holders (other than covered under Merit
                                                                    category) of Intermediate (IPC) Nov. 2015 Exam
                                                                    provided their parents/guardians total annual
                                                                    income does not exceed Rs.1,50,000/-
    2.     Need Based and                100        Rs.1250/-       Students of Intermediate (IPC) Course provided
           Weaker Sections                                          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       Rs.1250/-       The children undergoing Intermediate (IPC) or
                                      eligibility                   Final Course of the deceased members of ICAI
                                       criteria                     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        6         Rs.1250/-       Students of Intermediate (IPC)/Final from
           Dudheria Scholarships                                    Karnataka State under Need Based & Weaker
                                                                    Sections criteria
    4.     R.K. Khanna Memorial           3         Rs.1250/-       Students of Intermediate (IPC)/Final under Need
           Scholarships                                             Based & Weaker Sections criteria
    5.     J.S. Lodha Memorial            3         Rs.1250/-       Students of Intermediate (IPC)/Final under Need
           Scholarships                                             Based & Weaker Sections criteria
    6.     J.M. Sethia Charitable         2         Rs.1250/-       Students of Intermediate (IPC)/Final under Need
           Trust Scholarships                                       Based & Weaker Sections criteria
    7.     BCCO Foundation                1         Rs.1250/-       Students of Intermediate (IPC)/Final under Need
           Scholarships                                             Based & Weaker Sections criteria
    8.     Out of Joint Corpus            5         Rs.1250/-       Students of Intermediate (IPC)/Final under Need
           formed by Donors                                         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 2015 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 are available on the Institute's Website ( (link: ). 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. They shall have to enclose a 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.
Duly completed and signed Application Forms in the prescribed formats (Form No. 3 & Form No. 4) 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, 2016. In case of any clarification, please contact the Board of Studies, Telephone Nos. 0120-3045930/914; email:; Director, Board of Studies
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