Education is a crucial part of shaping a person's future and the future of our society. Unfortunately, many students in India face challenges when pursuing education because of financial problems, personal or family issues, or other difficulties. In response, HDFC Bank has launched a scholarship program called the HDFC Parivartan Scheme to support students who are struggling to continue their education.
HDFC Parivartan Scheme is an initiative by HDFC Bank that aims to help deserving students who come from underprivileged backgrounds and need financial assistance to keep their educational journey on track. This scholarship program is designed for students from Class 1 to 12 and those pursuing diploma, ITI, polytechnic, undergraduate, and postgraduate courses.
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Students who cannot afford the cost of their education due to personal or family crises or other financial problems and are at risk of dropping out can receive financial support of up to INR 75,000 to help them continue their studies.
About HDFC Bank:
HDFC Bank is one of India's leading banking and financial services providers. It has introduced this scholarship program as part of its flagship initiative, the Educational Crisis Scholarship Support (ECSS), a significant component of its social initiative, Parivartan.
Overview of the HDFC Parivartan Scheme:
The HDFC Parivartan Scheme is a scholarship program that aims to provide financial support to students facing difficulties in continuing their education due to personal or family crises, financial problems, or other obstacles. This program covers students from Class 1 to 12 and those pursuing diploma, ITI, polytechnic, undergraduate, and postgraduate courses.
Categories of the HDFC Parivartan Scheme ECSS Program:
The scholarship program is divided into three categories based on the level of education:
HDFC Bank Parivartan’s ECSS Programme for School Students
HDFC Bank Parivartan’s ECSS Programme for Undergraduate Courses
HDFC Bank Parivartan’s ECSS Programme for Postgraduate Courses
Each category has different eligibility criteria, benefits, and application processes. The scholarship amount varies, ranging from INR 15,000 to INR 75,000, depending on the course and the level of education. The scholarship amount is directly deposited into the student's bank account or the educational institution, as required.
Eligibility Criteria of HDFC Parivartan Scheme:
The scholarship program is open to Indian nationals. Applicants must have passed their previous qualifying examination with at least 55% marks, and their annual family income should be less than or equal to INR 2.5 Lakh.
Preference is given to applicants who have faced personal or family crises within the past three years, making it difficult for them to continue covering the cost of their education, putting them at risk of dropping out.
How to Apply for HDFC Parivartan ECSS Scheme?
Applying for the HDFC Parivartan Scheme is simple and can be done online. Here's how to apply:
Visit the Buddy4Study website, register as a new user, or login if you already have an account.
Click on the HDFC Bank Parivartan’s ECSS Programme link and select the category that matches your eligibility.
Carefully read the instructions and click on the ‘Apply Now’ button.
Fill out the online application form with your personal information, academic history, and bank details.
Upload the required documents, such as mark sheets, income proof, and proof of any crisis.
Please review your application and submit it before the application deadline.
Benefits of the HDFC Parivartan Scheme:
The HDFC Parivartan Scheme provides monetary assistance to selected students to help them continue their education without the financial burden. The benefits of the scholarship program are as follows:
For School Students:
Class 1 to 5: INR 15,000
Class 6 to 8: INR 20,000
Class 9 to 12: INR 25,000
Diploma/ITI/Polytechnic Courses: INR 30,000
For Undergraduate Courses:
General Undergraduate Courses (BCom, BSc, BA, BCA, etc.): INR 30,000
Professional Undergraduate Courses (BTech, MBBS, LLB, B Arch, Nursing): INR 50,000
For Postgraduate Courses:
General Postgraduate Courses (MCom, MA, etc.): INR 35,000
Professional Postgraduate Courses (MTech, MBA, etc.): INR 75,000
The scholarship amount is directly deposited into the student's bank account or the educational institution, as needed. This money can be used for various educational expenses, including tuition, hostel fees, books, stationery, transportation, etc.
Application Deadline:
The last date to apply for the HDFC Parivartan Scheme is 31st December 2023. It is advisable to apply as soon as possible and not wait until the last date. Applications received after the deadline will not be considered for the scholarship.
Types of HDFC Parivartan Scheme:
The HDFC Parivartan Scheme is a merit-cum-need based scholarship program that covers students from Class 1 to 12, as well as those pursuing diploma, ITI, polytechnic, undergraduate, and postgraduate courses.
The scholarship program is divided into three categories based on the level of education, as mentioned earlier. Applicants can select the category that matches their educational level and apply accordingly.
Awards of HDFC Parivartan Scheme:
The HDFC Parivartan Scheme provides monetary assistance of up to INR 75,000 to selected students to help them continue their education without any financial burden. The awards are structured as follows:
For School Students:
Class 1 to 5: INR 15,000
Class 6 to 8: INR 20,000
Class 9 to 12: INR 25,000
Diploma/ITI/Polytechnic Courses: INR 30,000
For Undergraduate Courses:
General Undergraduate Courses: INR 30,000
Professional Undergraduate Courses: INR 50,000
For Postgraduate Courses:
General Postgraduate Courses: INR 35,000
Professional Postgraduate Courses: INR 75,000
Documents Required for HDFC Parivartan Scheme:
Applicants must upload specific documents and online application forms for the HDFC Parivartan Scheme. These documents include:
Passport-size photograph
Aadhaar card or any other valid identity proof
Mark sheets from the previous qualifying examination
Income certificate or BPL card or any other proof of annual family income
Crisis proof, such as a death certificate, medical reports, disability certificate, etc., for the family member who has faced a crisis in the past three years
Bank account details of the applicant or the educational institution
Applicants should ensure that the documents are clear and legible. The documents must be in PDF, JPEG, or PNG format, and the size of each document should not exceed 2 MB.
Selection Procedure for HDFC Parivartan Scheme:
The selection process for the HDFC Parivartan Scheme is based on the merit and needs of the applicants. Students are shortlisted based on academic performance, family income, and personal or family crises. Buddy4Study India Foundation, the administering body of the scholarship program, contacts the shortlisted applicants for verification and further processing. HDFC Bank makes the final selection based on the verification process and the availability of funds.
Once selected, the students are informed through email and SMS, and the scholarship amount is directly deposited into their bank account or the educational institution, as per the requirement.
Conclusion:
The HDFC Parivartan Scheme is a significant opportunity for students who wish to pursue their education without the burden of financial constraints. This scholarship program covers various educational levels and offers substantial financial assistance. If you are eligible and in need, do not miss this opportunity. Apply now and take the first step towards achieving your educational dreams.
In conclusion, the HDFC Parivartan Scheme is a valuable initiative by HDFC Bank to provide financial support to students facing obstacles in their education journey. This scholarship program offers hope to those who might otherwise be unable to pursue their educational aspirations. The ease of the online application process and the financial support provided make it a great opportunity for eligible students to overcome their challenges and continue their education. Don't let financial constraints hold you back; take advantage of the HDFC Parivartan Scheme and work towards a brighter educational future.