CARE Ratings Scholarship Scheme 2024: Apply Online & Eligibility

CARE Ratings Scholarship Scheme Apply Online & Registration Form | CARE Ratings Scholarship Scheme Check Beneficiary Category & Last Date | CARE Ratings Scholarship Scheme Check Benefits & Features | CARE Ratings Scholarship Scheme Check Eligibility & All Details |

Areas such as engineering, management, commerce, and more encompass the eligibility criteria for the CARE Ratings Scholarship Scheme, offering opportunities for students across diverse subjects. This initiative serves as a platform for nurturing talent and grooming future leaders across various sectors. CARE Ratings’ commitment to fostering talent, promoting meritocracy, and ensuring inclusive access to education underscores its dedication to this project.

This article will provide you with all types of information about the CARE Ratings Scholarship Scheme 2024 like purpose, Eligibility Criteria, Benefits, Features, important documents, etc. Apart from this, we will share the process to apply online for this scheme. To get complete information about this scheme, read this article till the end.

CARE Ratings Scholarship Scheme 

The main goal of the CARE Ratings Scholarship Scheme is to provide financial assistance to deserving students who face barriers to affording higher education. By offering this support, the program aims to empower individuals by granting them access to quality education, thereby enabling them to reach their full potential. This initiative underscores CARE Ratings’ commitment to fostering talent and promoting equal education opportunities.

The CARE Ratings Scholarship Scheme offers financial aid to deserving students who lack the means to afford higher education. It aims to empower individuals by providing access to quality education, facilitating their realization of their full potential. This initiative reflects CARE Ratings’ commitment to nurturing talent and promoting equal educational opportunities, thereby contributing to socio-economic development.

Highlights of CARE Ratings Scholarship Scheme 

The highlights of this scholarship are as follows:- 

Objectives of CARE Ratings Scholarship Scheme 

The CARE Ratings Scholarship Scheme aims to achieve the following objectives:-

• Promote education: The scheme seeks to promote education by providing financial assistance to deserving students, ensuring that talented individuals are not deprived of educational opportunities due to financial constraints.
• Encourage meritocracy: By offering scholarships to meritorious students, the scheme encourages a culture of meritocracy, recognizing and rewarding academic excellence.
• Empower the underprivileged: The scheme focuses on empowering students from economically disadvantaged backgrounds, enabling them to break the cycle of poverty and create a better future for themselves and their families.
• Foster skill development: The scheme aims to foster skill development by supporting students in pursuing higher education in various fields, equipping them with the necessary knowledge and skills to succeed in their chosen career paths.

Beneficiary Category

The CARE Ratings Scholarship Scheme is open to students belonging to the economically weaker sections of society. It aims to provide equal opportunities to students who face financial challenges in pursuing their education. The scheme is available to students across different disciplines and academic levels, including undergraduate and postgraduate programs.

Application Enrollment Last Dates

Interested students are advised to visit the official CARE Ratings website or the designated scholarship portal to check the exact dates and submit their applications within the specified timeframe. One can also wait for a moment to get more information or details.

CARE Ratings Scholarship Scheme Selection Procedure

The selection of scholarship recipients under this scheme follows a rigorous and transparent process. The selection committee evaluates the applications based on various criteria, including academic performance, financial need, and personal achievements. Shortlisted candidates may be called for interviews or further assessments to determine their eligibility for the scholarship.

Implementation Procedure

Once the selection process is complete, the chosen scholarship recipients will be notified by the CARE Ratings Scholarship Committee. The scholarship amount will be disbursed directly to the educational institution where the student is enrolled. The scholarship funds can be utilized to cover tuition fees, books, study materials, and other related expenses.

Supervision Body

This scholarship is administered and supervised by a dedicated committee appointed by CARE Ratings. The committee ensures that the scholarship program operates smoothly, adhering to the defined guidelines and principles. They oversee the selection process, disbursement of funds, and monitor the progress of the scholarship recipients.

CARE Ratings Scholarship Amount Covered

The CARE Ratings Scholarship provides financial assistance to meritorious students, helping them cover the costs of their education. The scholarship amount varies depending on the level of study and the specific requirements of the selected course. It typically covers a significant portion of the tuition fees, making education more accessible for deserving students. By providing this financial aid, CARE Ratings aims to alleviate the financial burden on students and enable them to focus on their studies without worrying about the cost of education.

Covered Allowances

In addition to covering the tuition fees, the CARE Ratings Scholarship also provides allowances to help students meet their other educational expenses. These allowances may include a monthly stipend for living expenses, the cost of books and study materials, and other related expenses. The specific allowances provided may vary depending on the level of study and the individual needs of the selected students. The aim is to ensure that students have the necessary resources to excel academically and make the most of their educational opportunities.

Renewal Criteria

The CARE Ratings Scholarship is not a one-time grant but a renewable scholarship. This means that selected students can continue to receive financial assistance throughout the duration of their course, subject to meeting certain criteria.

• The renewal criteria for the scholarship may include maintaining a minimum academic performance, such as a certain grade point average (GPA) or percentage of marks. Students may also be required to provide regular updates on their progress and submit relevant documents to demonstrate their continued eligibility for the scholarship.
• It is important for scholarship recipients to be aware of the renewal criteria and fulfill the necessary requirements to ensure the continuity of their financial support.

Key Guidelines

Here are some important guidelines for applicants considering this scholarship:-

• Applicants must meet the eligibility criteria specified by the scholarship scheme.
• Ensure all required documents are submitted accurately and within the specified timeframe.
• Provide genuine and accurate information in the application form.
• The scholarship amount is subject to the discretion of the selection committee.
• Selected students must maintain a minimum academic performance as specified by the scholarship guidelines.
• Any misrepresentation or false information may lead to disqualification from the scholarship scheme.
• Keep track of the official CARE Ratings website or the designated scholarship portal for updates and announcements.
• Seek guidance from the designated authorities for any queries or clarifications regarding the scholarship scheme.
• The scholarship is non-transferable and cannot be combined with any other scholarship or financial assistance.
• By applying for the scholarship, applicants consent to the use of their personal information for the selection process and scholarship administration.

Regular Progress Monitoring

Under the CARE Ratings Scholarship Scheme, students are not left to navigate their educational journey alone. Regular progress monitoring is an integral part of the program. Students are required to submit periodic reports on their academic performance, extracurricular activities, and any challenges they may be facing. This allows the scholarship committee to assess the progress of each student and provide necessary support whenever required. The regular monitoring ensures that students stay on track and make the most of their educational opportunities.

Guidance & Mentorship

Guidance and mentorship are crucial elements in shaping the future of students. CARE Ratings understands this and goes beyond financial assistance by providing guidance and mentorship to scholarship recipients. Each student is assigned a mentor who is an expert in their field of study. The mentor acts as a guide, offering valuable advice, sharing industry insights, and helping students make informed decisions about their academic and career paths. This personalized guidance ensures that students receive the support they need to succeed in their chosen fields.

Alumni Network

Building a strong network is essential for personal and professional growth. The CARE Ratings Scholarship Scheme recognizes this and offers students the opportunity to become part of a vibrant alumni network. This network connects current and past scholarship recipients, enabling them to share experiences, collaborate on projects, and create valuable connections within their respective industries. The alumni network also provides a platform for students to seek guidance and support from those who have already walked the same path.

Benefits of CARE Ratings Scholarship Scheme 2024 

The benefits of this scholarship are as follows:-

• Financial Assistance: The CARE Ratings Scholarship Scheme provides financial support to deserving students, helping them pursue their education without the burden of financial constraints.
• Opportunity for Meritorious Students: The scheme aims to identify and reward meritorious students who have excelled academically, encouraging them to continue their pursuit of knowledge and excellence.
• Enhanced Career Prospects: By receiving the CARE Ratings Scholarship, students can focus on their studies and develop their skills without worrying about financial obligations. This enables them to enhance their career prospects and increase their chances of professional success.
• Recognition and Prestige: Being a recipient of the CARE Ratings Scholarship brings recognition and prestige, as it signifies the recognition of the student’s academic achievements by a respected and renowned institution.
• Networking Opportunities: Scholars under this scheme get the opportunity to connect with other talented students, professionals, and mentors, creating a network that can be beneficial for their future endeavors.
• Personal Development: The scholarship scheme not only supports students financially but also encourages personal development by providing access to various workshops, seminars, and mentoring sessions.
• Reduced Financial Burden: The scholarship helps in reducing the financial burden on students and their families, allowing them to focus on their studies and overall growth.
• Encouragement for Higher Education: The CARE Ratings Scholarship Scheme acts as a catalyst for students to pursue higher education and explore their potential in their chosen field of study.
• Social Impact: By supporting deserving students through this scholarship scheme, CARE Ratings contributes to the development of society by empowering the youth with quality education.
• Long-term Benefits: The benefits of the CARE Ratings Scholarship Scheme extend beyond the duration of the scholarship, as it equips students with the necessary skills and knowledge to succeed in their careers and contribute to society.

Features of CARE Ratings Scholarship Scheme 2024  

The features of this scholarship are as follows:-

• Merit-based: The scholarship is awarded based on academic merit, ensuring that deserving students are recognized and supported.
• Multiple Disciplines: The scheme covers a wide range of disciplines, including engineering, management, science, commerce, and humanities, among others, to cater to the diverse interests of students.
• Financial Coverage: The scholarship provides financial coverage for tuition fees, books, and other related expenses, depending on the specific requirements of the selected students.
• Flexible Tenure: The scholarship offers flexibility in terms of its duration, allowing students to receive financial support throughout their course of study.
• Transparent Selection Process: The selection process for the scholarship is transparent and follows a rigorous evaluation procedure to ensure fairness and impartiality.
• Renewable: In certain cases, the scholarship can be renewed for subsequent years, provided the student maintains the required academic performance and meets the renewal criteria.
• Collaboration with Educational Institutions: CARE Ratings collaborates with educational institutions to identify eligible students and facilitate the scholarship application process.
• Guidance and Mentorship: Scholars under this scheme receive guidance and mentorship from industry experts and professionals, helping them navigate their academic and career paths.
• Regular Progress Monitoring: The progress of scholarship recipients is monitored regularly to ensure they are making satisfactory academic progress.
• Alumni Network: After completing their education, scholarship recipients become part of the CARE Ratings Scholarship Scheme alumni network, providing them with ongoing support and opportunities.

CARE Ratings Scholarship Scheme Eligibility Criteria 

The applicants will need to follow the below-mentioned points to apply online for this scholarship:- 

• Minimum Academic Requirements: Applicants must have a consistently good academic record, meeting the minimum eligibility criteria set by CARE Ratings.
• Indian Nationality: The scholarship is open to Indian nationals only.
• Age Limit: There may be an age limit specified by CARE Ratings for applicants to qualify for the scholarship.
• Course of Study: The scheme covers various courses at undergraduate and postgraduate levels, as specified by CARE Ratings.
• Financial Need: Students from economically disadvantaged backgrounds may be given preference in the selection process.

Important Documents 

Some of the important documents required to apply online for this scholarship are as follows:- 

• Proof of Identity: Valid identification documents such as Aadhaar card, PAN card, or passport.
• Educational Certificates: Copies of academic certificates and mark sheets.
• Income Certificate: Documentary proof of the family’s income, highlighting the financial need for the scholarship.
• Recommendation Letters: Letters of recommendation from teachers, professors, or other relevant authorities.
• Statement of Purpose: A written statement explaining the applicant’s educational and career goals, and how the scholarship will assist in achieving them.
• Any Additional Documents: Any other documents specified by CARE Ratings for the scholarship application.

CARE Ratings Scholarship Scheme Apply Online 2024 

The applicant will need to follow the mentioned-below points for getting online registration on the portal:-  

• The student will need first to visit the Official Website.

• Now you will get land on the homepage.
• Look under the section of Register As.
• Click on the Applicant option.

• After that, the registration form will get displayed on your screen. 
• Fill it with the relevant details such as:-
  • Name
  • Mobile Number 
  • Email Id 
  • Password 
  • Confirm Password 
  • Captcha Code 
• Now place a tick mark on the declaration line. 
• Click on the Submit Button.
• In this way, you will be able to get the scholarship amount. 

To Do Login 

The applicant will need to follow the mentioned-below points for getting login on the portal:-  

• Visit the official website.
• Then you will get land on the homepage. 
• Now click on the menu bar.
• Click on About Us.

• A new page will be displayed on your screen. 
• Look at the right-hand side of your screen. 
• After that, you will need to click on the Login Up Link.

• You will land on the new page. 
• Fill out the login form such as:-
  • Email Id 
  • Password 
  • Captcha Code 
• Now click on the Login Button.

Checking List of Registered Institutes 

The applicants will need to follow the below-mentioned points to check the registered institute’s list:- 

• Visit the official website.
• On the homepage, click on the link to Registered Institutes.

• A new page will get displayed where the list of registered institutes will get displayed.
• See and check the list. 

Checking Scholarship Results 

The applicants will need to follow the below-mentioned points to check scholarship results:- 

• Visit the official website.
• Now you will get land on the homepage.
• On the homepage, click on the Scholarship Results link.

• A new page will be displayed where you will need to select the year from the drop-down menu from where you will have to search.
• A new page will get displayed where links to various results will get displayed. 
• Click on anyone’s link.
• The results will get displayed. 

Reading FAQs 

The applicants will need to follow the below-mentioned points to read the FAQs:- 

• Visit the official website.
• Now you will get land on the homepage.
• Click on the link to FAQ.

• A new page will get displayed where you will be able to read the FAQs. 

Getting Contact Details 

The applicant will need to follow the mentioned-below points for getting contact details on the portal:-  

• Visit the official website first. 
• Click on the menu bar. 
• Then click on the Contact Us.

• The contact details will get displayed on your screen. 
• Now you can go through the contact details mentioned on your screen. 

Contact Information 

In case any queries and questions come to your mind regarding the CARE Ratings Scholarship Scheme, then you may contact this mentioned below office address, phone number and Email ID:-

• Office Address
  • Times Tower, 
  • 1st Floor, 
  • Kamala Mills Compound, 
  • Lower Parel, 
  • Mumbai – 400 013
• Phone Number:- (022) 4090 4484
• Email Id:- vidyasaarathi@nsdl.co.in