SBIF ASHA Scholarship 2023-24: Check latest update, Beneficiary Category, Amount, Eligibility Criteria, Documents and Application Process

In a significant move towards fostering education among underprivileged communities, the State Bank of India (SBI) has introduced the SBIF ASHA Scholarship.

This scholarship program aims to provide financial assistance, ranging from Rs. 2 lakhs to Rs. 5 lakhs annually, to deserving students pursuing undergraduate (UG), postgraduate (PG), and Ph.D. degrees. This article comprehensively explores the key aspects of the SBIF ASHA Scholarship, including its objectives, eligibility criteria, benefits, and the application process.

Objectives of SBIF ASHA Scholarship 2023

The primary objectives of the SBIF ASHA Scholarship include:

  • Providing annual scholarships to students pursuing UG, PG, and Ph.D. degrees from NIRF universities.
  • Granting scholarships ranging from Rs. 2 lakhs to Rs. 5 lakhs to cover admission and course fees.
  • Empowering students in diverse fields, including UG degrees, IIT courses, MBA/PGDM from IIMs, and Ph.D. programs.

Beneficiary Category

The SBIF ASHA Scholarship is specifically designed for students pursuing college degrees, such as UG, PG, and Ph.D., at NIRF universities. Eligible beneficiaries must fulfill the prescribed criteria.

Eligible Degrees

Degrees eligible for the SBIF ASHA Scholarship encompass:

  • Undergraduate
  • Postgraduate
  • Postdoctoral

SBIF ASHA Scholarship 2023 Scholarship Categories and Amounts

SBIF Asha Scholarship for Undergraduate Courses

  • Amount: Rs. 50,000/- Per Annum
  • Eligibility: Students pursuing UG degree courses in any discipline.

SBIF Asha Scholarship for Students of IIT Courses

  • Amount: Rs. 3,40,000/- Per Annum
  • Eligibility: Students shortlisted for admission to IIT courses.

SBIF Asha Scholarship for Students of IIM Courses

  • Amount: Rs. 5 lakhs Per Annum
  • Eligibility: Students pursuing MBA/PGDM from IIMs.

SBIF Asha Scholarship for Students of Ph.D. Courses

  • Amount: Rs. 2 Lakhs Per Annum
  • Eligibility: Selected students pursuing Ph.D. degrees.

Eligibility Criteria and Documents Required

Parental Annual Income Limit

The annual income limit for a student’s family must not exceed Rs. 3,00,000 to qualify for the SBIF ASHA Scholarship.

Minimum Marks Cut-Off

Applicants must secure a minimum of 75% marks in the last year’s examination to be eligible for the scholarship.

Selection Parameters

Selection is based on two key parameters: financial background and academic records.

SBIF ASHA Scholarship 2023 Application Process

How to Apply Online Under SBIF ASHA Scholarship

  1. Visit the official website.
  2. Click on the Menu Bar and select “Register Now.”
  3. Fill in the registration form with accurate details.
  4. Click on the “Register” button to complete the process.

How to Do Login

  1. Visit the official website.
  2. Click on “Login.”
  3. Enter your Email ID or Mobile Number and Password.
  4. Click on the “Login” button to access your account.

Submitting Queries

  1. Visit the official website.
  2. Scroll down and click on “Contact Us.”
  3. Fill in the query form with your Name, Email, Mobile Number, Subject, and Comment.
  4. Click on “Submit” to send your query.

Getting Contact Details

  1. Visit the official website.
  2. Scroll down and click on “Contact Us” at the bottom.
  3. Contact details, including the office address and email ID, will be displayed.

Expert Comment

Investing in education is an investment in the future. The SBIF ASHA Scholarship not only provides financial aid but also recognizes and encourages students to pursue their academic goals. It’s a step towards a more inclusive and empowered society.

Benefits and Features

Benefits of SBIF ASHA Scholarship

  • Enables students from financially backward communities to pursue college degrees.
  • Provides variable scholarships based on the degree or course undertaken.
  • Facilitates admission to top NIRF universities, ensuring quality education.
  • Supports students in pursuing UG, PG, and Ph.D. degrees annually.
  • Shortlists students based on defined selection parameters.

Features of SBIF ASHA Scholarship

  • Launched to secure the interests of college degree-pursuing students.
  • Open to citizens of India.
  • Applicable to students undertaking UG, PG, and Ph.D. degrees from NIRF colleges.
  • Offers scholarships ranging from Rs. 2 lakhs to Rs. 5 lakhs based on the degree.
  • Follows an annual disbursement model, providing consistent financial support.
  • Streamlined application process through the Buddy4Study portal.


Positive testimonials from SBIF ASHA Scholarship awardees:

  • “The SBIF ASHA Scholarship has been a game-changer for me, providing financial support for my education in speech-language pathology. I am extremely grateful for this opportunity.” – Sarah M.
  • “Receiving the scholarship has reduced the financial burden and given me recognition, motivating me to continue my studies with enthusiasm.” – Michael D.
  • “The scholarship has eased financial stress and allowed me to explore various opportunities within speech-language pathology.” – Emily S.
  • “SBIF ASHA Scholarship made higher education accessible, allowing me to dedicate time to reaching my professional goals.” – David P.


The SBIF ASHA Scholarship emerges as a crucial initiative to make education accessible and foster professional growth. With its diverse benefits and features, the scholarship not only addresses financial challenges but also encourages a more inclusive representation in the fields of audiology and speech-language pathology. Aspiring students are encouraged to apply before the last date to seize this valuable opportunity.

Note: The last date for online form submission and additional details will be updated soon. Stay informed for the latest updates.

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