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  November-2017 CA Examinations

Scholarships for CA Students
February, 20th 2017
                                    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, 2017 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) November, 2016
                                                                Exam whose parents/guardians total annual
                                                                income does not exceed Rs.1,50,000/-
    2.    Need Based and                125        Rs.1250/-    Students of Intermediate (IPC) Course whose
          Weaker Sections                                       parents/guardians total annual income does not
                                                                exceed Rs. 1,00,000/-
                                        150        Rs.1250/-    Students        of     Final   Course       whose
                                                                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        5         Rs.1250/-    Students of Intermediate (IPC)/Final from
          Dudheria Scholarships                                 Karnataka State under Need Based & Weaker
                                                                Sections criteria
    4.    R.K. Khanna Memorial           1         Rs.1250/-    Students of Intermediate (IPC)/Final under Need
          Scholarships                                          Based & Weaker Sections criteria
    5.    J.S. Lodha Memorial            2         Rs.1250/-    Students of Intermediate (IPC)/Final under Need
          Scholarships                                          Based & Weaker Sections criteria
    6.    J.M. Sethia Charitable         1         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, 2016 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 (Form no. 3 & 4) 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 on submission of 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
Income Certificate (Form No. 4) to be submitted on the letter head of the Principal by the Student undergoing Articleship (Practical Training) (Part I) / letter head of any member of ICAI by the Student not undergoing Articleship (Part-II). Duly completed and signed Application Forms in the prescribed formats as mentioned above 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, 2017. In case of any clarification, please contact the Board of Studies, Telephone Nos. 0120-3045914/931; email:; Director, Board of Studies
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