What you get
Financial assistance of ₹5,00,000/- per annum, up to a maximum of ₹20,00,000/- for Ph.D. (4 years) and ₹10,00,000/- for Masters (2 years). | Funds are Disbursed in Installments | - First installment after admission confirmation. | - Subsequent installments every six months/one year based on progress reports. | Covers tuition and living expenses at accredited foreign universities. | Conditions | - Recipients must return to India after completion and stay for at least 5 years. | - Violations may require refund of the entire amount with 15% compound interest.
Who can apply
Required Paperwork
- Aadhaar Card
- PAN Card
- Income Certificate
- Residence Proof (Domicile)
Common Questions
What is the maximum age limit for applicants to be eligible for the financial assistance?
The applicant must be below 30 years of age as on the cut-off date of the respective year.
What is the minimum qualification required for a candidate applying for a Master’s degree?
The candidate must have secured at least 55% marks or equivalent grade in the relevant Bachelor’s degree.
What is the minimum qualification required for a candidate applying for a Ph.D. program?
The candidate must have secured at least 55% marks or equivalent grade in the relevant Master’s degree.
What is the maximum annual family income allowed for eligibility under this scheme?
The total family income from all sources should not exceed ₹8,00,000 per annum.
What is the citizenship requirement for applicants under this scheme?
The candidate must be a citizen of India to be eligible for the financial assistance.
What are the residency requirements for applicants from Delhi?
The candidate must be a domicile of Delhi or a bonafide resident with documentary proof of residence for at least the last five years.
How many children from the same parents or guardians are eligible for this financial assistance?
Only one child from the same parents or guardians is eligible, and a self-certification is required to confirm this.
What is required from employed candidates applying for this financial assistance?
Employed candidates must submit their applications through their employer along with a No Objection Certificate (NOC).
Can a candidate apply for financial assistance for a course they have already completed?
No, candidates cannot apply for the same level of course (Master’s or Ph.D.) they have already completed, whether in India or abroad.
What happens if a candidate discontinues their studies after receiving financial assistance?
The candidate must repay the disbursed amount unless discontinuation is due to genuine circumstances, which will be reviewed by the selection committee.
Can a candidate change their university or course after receiving the financial assistance?
No, changes are not allowed unless under extraordinary circumstances and approved by the selection committee.
What is the requirement for candidates after completing their studies abroad?
Candidates must return to India, inform the government in writing, and submit their course completion certificate.
How long must a candidate stay in India after returning from studies abroad?
The candidate must remain in India for at least five years after returning.
What is the financial assistance amount provided for a Ph.D. program?
The assistance is ₹5,00,000 per annum, up to a maximum of ₹20,00,000 for the entire course duration.
What is the financial assistance amount provided for a Master’s degree?
The assistance is ₹5,00,000 per annum, up to a maximum of ₹10,00,000 for the entire course duration.
What documents are required to confirm admission before receiving financial assistance?
The candidate must submit admission confirmation, visa, passport, bank details, and other relevant documents.
Is an Aadhaar card mandatory for applying under this scheme?
Yes, the candidate must provide a self-attested copy of their Aadhaar card as part of the application.
How are ties between candidates resolved during the selection process?
In case of a tie, the older candidate (based on the date of birth in the Secondary School Certificate) is given preference.
What happens if a candidate violates the terms of the scheme?
The candidate must refund the entire amount spent on them, along with potential penalties, unless the violation is unintentional.
What is the consequence of submitting false information or documents?
The candidate will be debarred, required to repay the amount with 15% compound interest, and may face departmental action.
How is the financial assistance disbursed to the selected candidates?
The assistance is credited to the candidate’s bank account in installments, starting after admission confirmation.
What is the duration of financial assistance for a Ph.D. program?
The assistance is provided for up to four years or until course completion, whichever is earlier.