Finance is one of the most significant considerations for a student in India. Several scholarships are awarded by the Government and educational institutions, which have been a boon for students. To be applicable for a scholarship registration, a student must fulfil certain criteria. Scholarships help in encouraging the talent of the students and help them achieve the education they deserve.
What is a scholarship?
A scholarship can be defined as financial support offered to students depending on their intellectual capacity and merit. Student scholarships in India aim to serve financially in the further education of a student. They don’t need to be repaid. Scholarships for students, in some instances, are also awarded for outstanding achievement in the field of sports, drama, music, etc.
How to find scholarships?
Scholarship registration is only possible when students have access to information about the scholarships. The best way for finding scholarships is to research them on websites of relevant educational institutions like schools, universities, colleges, etc. The online scholarship application has made the process of availing scholarships easier for students.
Types of scholarships
Generally, scholarship registration is done based on merit or need. Therefore, scholarships are broadly classified as follows:
- Merit-based scholarships:
The eligibility criteria for merit-based scholarship registration are outstanding academic achievement. The achievement can be in the form of final marks obtained in university or school examinations or competitive exams.
- Need-based scholarships:
These scholarships are awarded to students belonging to economically weaker sections of the population. Such scholarships aim to aid students from low-income families in obtaining their academic degrees.
Scholarship registration for need-based scholarships is allowed based on several factors like family income, number of family members, number of school-going children, cost of living, etc.
Advantages of scholarships
In a broad sense, scholarship registration has the following advantages for students:
- Focus on academic performance:
Scholarships allow students to take their minds off their financial circumstances and concentrate solely on improving their academic performance.
- More preference while applying for jobs:
One of the best things about scholarships is that they are a form of achievement in themselves. Employers are likely to prefer candidates with scholarships for their job openings.
- No repayment:
Unlike loans, scholarships do not have the concept of repayment.
Role of technology in providing scholarships for students
Learning with Vodafone Idea is a multilingual platform, offering information about scholarships in seven Indian regional languages – Hindi, Marathi, Bengali, Telugu, Tamil, Gujarati, and Kannada. If the relevant institution accepts the application, a user can register for an online scholarship application and then enjoy the scholarship benefits if the relevant institution accepts the application. The website offers information not only for school and graduate-level scholarships but also scholarships for PG students.
The application process for scholarships in Learning with Vodafone Idea is quite simple. A student has first to choose their preferred language and register themself. After completing their profile, the student can then sort through recommended scholarships and apply for one that suits their needs.
Learning with Vodafone idea provides scholarship for graduate students in India. As more and more Indian students apply for scholarship registration, education is becoming more accessible. However, India still has a long way to go before every student can reap the benefits of higher education.