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

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

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. The post metric scholarship will be sanctioned to the minority students of Intermediate, Graduation, Post Graduation and Professional Courses

PAY PACKAGE

The post metric scholarship will be sanctioned to the minority students of Intermediate, Graduation, Rs 400/- per month for 10 Months For more details Log on to : http://www.apsmfc.com/scholarship-post-matric.html
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