The Kotak Group Companies have launched the prestigious Kotak Shiksha Nidhi Scholarship, which is administered by the Kotak Education Foundation. This scholarship aims to provide valuable support to students who have tragically lost their primary earning member due to the COVID-19 pandemic. Its primary objective is to ensure that these students can successfully complete their education.
The Kotak Shiksha Nidhi Scholarship Program plays a pivotal role in enabling students across India to pursue their educational aspirations. Interested students can conveniently apply online through the dedicated link provided. Furthermore, the Kotak Education Foundation also offers the Kotak Kanya Scholarship, where eligible applicants can receive scholarship amounts of up to Rs. 1 lakh per year.
The Kotak Education Foundation receives funding from various companies, including Kotak Mahindra Asset Management Company Limited (KMAMC), Kotak Mahindra Capital Company Limited (KMCCL), Kotak Mahindra Investments Limited (KMIL), Kotak Mahindra Prime Limited (KMPL), Kotak Mahindra Trustee Company Limited (KMTCL), Kotak Infrastructure Debt Fund Limited (KIDFL), Kotak Investment Advisors Limited (KIAL), and Kotak Securities Limited (KSL). These collective efforts aim to uplift deserving students through educational initiatives.
Established on January 14, 2007, the Kotak Education Foundation (KEF) is committed to alleviating urban poverty through education and livelihood initiatives. Its mission is to empower children and youth from underprivileged families, equipping them with education and vocational skills training to enhance their employability and lead dignified lives.
Kotak Shiksha Nidhi Scholarship 2023 Last Date
It is important for all students to note that the Kotak Shiksha Nidhi Scholarship Application Form will be accepted until March 31, 2023. Therefore, it is advisable to submit all necessary details before the deadline. No new applications will be accepted after this date, so please ensure that the information provided in the application form is accurate. Any discrepancies may lead to rejection by the official authorities.
Kotak Shiksha Nidhi Eligibility
To be eligible for the Kotak Shiksha Nidhi Scholarship, students must fall into one of the following categories:
- Loss of both parents due to COVID-19
- Loss of one parent due to COVID-19
- Loss of the primary earning member of the family (other than the parent) due to COVID-19
Applicants should be students attending school or college, ranging from 1st standard up to diploma or graduation, and their age should be between 6 and 22 years.
Kotak Shiksha Nidhi Scholarship Selection Process
The selection of eligible students for the Kotak Shiksha Nidhi Scholarship, as well as the extent of assistance provided under the program, is at the discretion of the Kotak Education Foundation. Applications will be reviewed based on proof of continuation of education, related expenses from the school/junior college/college, and valid proof of the loss of parent/parents/primary earning member of the family (other than the parent) due to COVID-19.
Benefits of Kotak Shiksha Nidhi Scholarship
The Kotak Shiksha Nidhi Scholarship extends its benefits to Indian national students studying in schools and colleges across India. The scholarship covers expenses such as school and college fees, library deposits, stationery, and other educational expenses relevant to continuing education. However, it does not cover expenses related to international boards such as IGCSE or IB.
Required Documents for Kotak Shiksha Nidhi Scholarship
Applicants need to provide the following documents during the application process:
- For applicants under 18 years (minors): Aadhaar Card of the minor applicant along with the identity proof of the parent/guardian (Aadhaar Card, Voter Identity Card, Driving License, or PAN Card)
- For applicants over 18 years: Aadhaar Card, Voter Identity Card, Driving License, or PAN Card
- Proof of current academic year admission, such as fee receipt, bonafide letter, institution ID card, admission letter, and mark sheet of the previous class (optional)
- Death certificate(s) of the primary earning member, parent(s), or parents
- Proof of death due to COVID-19, such as hospital receipts, doctor prescriptions, COVID-19 test reports, medical bills, or hospital discharge summaries
- References from two individuals aware of the family’s crisis, such as a school teacher, doctor, head of school/college, or government officer (if required)
- Bank account details of the applicant (if the beneficiary is above 18 years old) or the parent/guardian (if the beneficiary is a minor)
- Passport-sized photographs of the applicant and the guardian
How to Apply Online for Kotak Shiksha Nidhi Scholarship
To apply for the scholarship through Buddy4Study.com, follow these steps:
- Click on the ‘Apply Now’ button below.
- Log in to Buddy4Study using your registered ID, which will redirect you to the ‘Kotak Shiksha Nidhi Application Form Page.’
- If not registered on Buddy4Study, register with your Email/Mobile/Facebook/Gmail account.
- Click on the ‘Start Application’ button to initiate the application process.
- Fill in the required details in the online application form.
- Upload the relevant documents.
- Accept the ‘Terms and Conditions’ and click on ‘Preview.’
- Review the details displayed on the screen for accuracy and click on ‘Submit’ to complete the application process.