Here are the benefits of the Central Sector Scholarship Scheme:
Financial Benefits
1. Scholarship Amount: The selected students will receive a scholarship amount of ₹10,000 to ₹20,000 per annum.
2. Tuition Fee Reimbursement: The scholarship amount will cover tuition fees, including all non-refundable fees.
3. Living Expenses: The scholarship amount will also cover living expenses, including hostel fees, mess fees, and other expenses.
Non-Financial Benefits
1. Recognition: The Central Sector Scholarship Scheme recognizes and rewards meritorious students from economically weaker sections.
2. Increased Accessibility: The scheme increases accessibility to higher education for students from economically weaker sections.
3. Empowerment: The scheme empowers students to pursue their academic goals without financial constraints.
Other Benefits
1. Renewal: The scholarship is renewable for a period of 5 years for undergraduate studies and 2-3 years for postgraduate studies.
2. No Bond or Loan: The scholarship does not require students to sign a bond or take a loan.
3. No Repayment: The scholarship amount does not require repayment.
Benefits for Reserved Categories
1. Reservation: The scheme follows the reservation policy of the Government of India, with 15% seats reserved for SC, 7.5% for ST, and 27% for OBC.
2. Priority: Students from reserved categories will be given priority in the selection process.