Put into motion by the Parliament of India, ICAI stands for the Institute of Chartered Accountants of India. Instead of being funded by the government, the ICAI Scholarship is supported by the Board of Trustees of the Chartered Accountant Students Benevolent Fund, which is called short as CASBF. Unlike previous scholarships that we have looked into, the eligibility requirements of this scholarship are quite simple, and the scholarship benefits are ample amounts. Let’s get straight into the important aspects of applying for the ICAI Scholarship!
Eligibility Requirements / Application Procedure of ICAI Scholarship
Since it is funded by a CA Board and stands for CA Scholarship, you need to be in one of the CA (Chartered Accountancy) courses in order to apply for this scholarship. In addition, there is a financial requirement for ICAI Scholarship since this award is given to deserving, yet financially needy students. If you do meet all of the eligibility requirements down below, be sure to use the links further down to get specific details regarding ICAI Scholarship and also to apply for this scholarship as well. The following requirements need to be met in order to apply:
- Have a Valid Registration in the CA Course
- Currently Undergoing Articled / Industrial Training Due to CA Regulations 1988
- Parent’s Total Income Must Be Less Than Rs. 3.0. Lakh
Scholarship Benefits – Rs. 1500 – 2000 per Month
If you want to become a chartered accountant, you would probably be undergoing the training and be registered for a CA Course at the same time. If you are taking an advanced-level course, you will be receiving a higher amount of scholarship, and a lower scholarship amount for a beginning course. To apply for this scholarship, you need to fill out this application form, and you also need to be recommended by any member of CASBF in order to be considered for this scholarship. Last but not least, the link down below will lead you to the official source of this post, and as always, be sure to visit our homepage if you have found this information helpful!
For Specific Information Concerning ICAI Scholarship, Click Here.