The Managing Committee of the S.Vaidyanath Aiyar Memorial Fund has decided to award scholarship to 60 articled assistants of the value of Rs. 500/- per month for a period of one year 1st September, 2011 to 31st August, 2012 to poor, needy and meritorious articled assistants requiring scholarship to pursue the chartered accountancy course.

The eligibility criteria for applying for scholarship will be as under,

i)   Passed 10 + 2 examination with a minimum of 70 percent marks and should have passed Common Proficiency Test of ICAI in the first attempt,

     Passed B.Com Examination of a recognized University with a minimum of 60% marks, and

ii)   Currently undergoing articled training as per CA Regulation, and

iii)   Annual income of both parents from all sources be not more than Rs.1.50 Lakhs per annum.

The above criteria can be relaxed in deserving cases. Physically challenged articled assistants will be given preference

Articled Assistants who wish to avail the scholarship should submit their application in the prescribed Form, latest by 30th June, 2012. The application Form is available and can be downloaded from www.icai.org or can be obtained from the Institute.

The Joint Secretary (MSS)
The Institute of Chartered Accountants of India,
ICAI Bhawan Post Box No. 7100 Indraprastha Marg,
New Delhi-110002
website www.icai.org email : cabf@icai.in