Post Metric Scholarship

INTRODUCTION

The Andhra Pradesh State Minorities Finance Corporation Limited has been incorporated under the Companies Act, 1956 in the year 1985. The main objective is to assist the weaker sections of Minorities viz; Muslims, Sikhs, Buddhists and Parsis for their socio-economic development in collaboration with Banks and Corporation provides Subsidy and interest Subsidy. The Source of funding for the corporate is from Government of Andhra Pradesh and National Minorities Development and Finance Corporation, New Delhi.

COURSE AND ELIGIBILITY

Post Metric Scholarship will be sanctioned to the Economically Backward Minority students whose parents/guardians annual income does not exceeds Rs 1 lakh per annum. 1.Post Metric Scholarship & Fee reimbursement will be sanctioned to the Economically Backward Minority students 2.Whose parents / guardians annual income does not exceeds Rs 1 lakh. 3.If the distance between the residence of the student and institution is below 5 KM Scholarship will not be sanctioned. 4.If the distance is above 5 KM it will be treated as Student Managed Hostel and Scholarship will be sanctioned as per SMH rate. 5.Fee Reimbursement will be sanctioned to all the Students irrespective of distance whose parents income does not exceed Rs 1 lakh on par with social welfare department. 6.The Scholarship amount shall be disbursed to the students who put in 75% attendance in normal time

CAREER PROSPECTS

The post metric scholarship will be sanctioned to the minority students of post Graduation and Professional Courses as follows: Rs 525/- per month for 10 Months

PAY PACKAGE

For more details Log on : http://www.apsmfc.com/scholarship-post-matric.html
Receive All Updates Via Facebook