The Mirae Asset Foundation Scholarship Program 2024–25 is a commendable initiative aimed at providing financial assistance to meritorious students from underprivileged sections of society across India. This scholarship supports students currently pursuing undergraduate or postgraduate courses, offering them a chance to receive financial aid of up to INR 50,000.

Mirae Asset Foundation Scholarship Program 2024–25

About Mirae Asset Foundation

Established in 2018, the Mirae Asset Foundation serves as the Corporate Social Responsibility (CSR) arm of Mirae Asset Financial Group in India. Guided by the vision of its parent organization, the Mirae Asset Park Hyeon Joo Foundation in Korea, the Foundation is dedicated to advancing education at all levels. Its initiatives include providing scholarships to students and collaborating with schools, colleges, government agencies, civil society organizations, and other partners to deliver impactful educational programs across the country.

Scholarship Overview

Eligibility Criteria

To be eligible for the scholarship, applicants must meet the following criteria:

• Academic Qualification: Currently pursuing undergraduate or postgraduate courses in India.
• Academic Performance: Secured at least 60% marks in the previous academic year.
• Family Income: Annual family income should not exceed INR 8,00,000 from all sources.
• Geographical Eligibility: Students from all over India can apply.
• Exclusions: Children of Buddy4Study employees are not eligible to participate.

Note: For undergraduate students, the total academic fees paid to the respective institution should not be less than INR 40,000. For postgraduate students, the total academic fees should not be less than INR 50,000.

Scholarship Benefits

• Undergraduate Students: Scholarship up to INR 40,000
• Postgraduate Students: Scholarship up to INR 50,000

The scholarship amount will be transferred directly to the institutions and will cover course fees, hostel fees, mess charges, and other expenses associated with academic activities that need to be paid to the institutes.

Application Process

Eligible candidates can apply for the Mirae Asset Foundation Scholarship Program 2024–25 online by following these steps:

1. Visit the official scholarship page on Buddy4Study.
2. Click on the ‘Apply Now’ button of the respective category of scholarship.
3. Log in to Buddy4Study with your registered ID. If not registered, create an account using your Email/Mobile number/Gmail account.
4. You will be redirected to the ‘Mirae Asset Foundation Scholarship Program 2024–25’ application form page.
5. Click on the ‘Start Application’ button to begin the application process.
6. Fill in the required details in the online application form.
7. Upload relevant documents.
8. Accept the ‘Terms and Conditions’ and click on ‘Preview’.
9. If all the details filled in are correct, click on the ‘Submit’ button to complete the application process.

Required Documents

Applicants need to prepare and upload the following documents:

• A government-issued address proof (Aadhaar card)
• Current year admission letter with details of fees to be transferred to institutions along with the institute’s bank details
• Bank account details of the institute
• Previous year marksheet along with Class 12 marksheet
• Transgender certificate (self-proclamation/issued by any NGO/issued by GOI) (if applicable)
• Disability certificate (if applicable)
• Other backward community certificate (if applicable)
• Family income proof (any three of the following):
  • ITR return for the immediate preceding financial year of the parents
  • Salary slip/receipts of the parents
  • If the parents are self-employed, an Economically Weaker Section (EWS) certificate issued by a competent government authority
• Recent photograph

Selection Process of Mirae Asset Foundation Scholarship Program

The selection of scholars for the Mirae Asset Foundation Scholarship Program 2024–25 involves a multi-stage process:

1. Initial shortlisting of applicants based on academic merit and financial background.
2. Telephonic interview followed by document verification.
3. Final selection by the scholarship providers.

Contact Information

For any queries related to the scholarship program, eligibility, application process, award details, or selection process, applicants can reach out through the following:

• Email: miraeasset@buddy4study.com
• Phone: 011-430-92248 (344) (Monday to Friday – 10:00 AM to 06:00 PM IST)

Conclusion

The Mirae Asset Foundation Scholarship Program 2024–25 stands as a significant opportunity for students facing financial challenges to pursue their academic aspirations. By providing substantial financial support and focusing on inclusivity, the program aims to empower students across India to achieve their educational goal