Federal Bank invites applications for scholarships in higher studies

The scholarships are available for students admitted in the first year of courses including – MBBS, BE/BTech, BSc Nursing, MBA (full-time), BSc Agriculture and BSc (Hons) Co-operation and Banking. Students from Gujarat, Karnataka, Kerala, Maharashtra, Punjab, and Tamil Nadu are eligible to apply.

Applicants must have secured admission under merit in government, aided, government recognised self-financing or autonomous colleges. Additionally, dependent wards of martyred armed forces personnel and students with speech, vision, or hearing impairments are encouraged to apply.

Eligible students can apply through the Federal Bank Hormis Memorial Foundation Scholarship Portal. The application requires the submission of various documents, including admission letters, course fee structures, mark sheets, family income certificates, and more.

Scholarship benefits include 100 per cent reimbursement of tuition fees and other educational expenses, subject to a maximum of Rs one lakh per year. Additionally, students are eligible for reimbursement for one PC, laptop or tablet during their course of study.

Applicants will be shortlisted based on their marks in the qualifying examination and income criteria. Shortlisted candidates will be called for an interview for document verification. The final list of eligible candidates will be published on the Bank’s website.