PARAS Scholarship Program: 2023-24: Apply Online & Eligibility

PARAS Scholarship Program 2023-24 Apply Online & Registration Form | PARAS Scholarship Program Check Amount & Last Date | PARAS Scholarship Program Check Features & Benefits | PARAS Scholarship Program Check Annual Income & Documents | PARAS Scholarship Program Check Eligibility & All Details | 

Students in the PARAS Scholarship Program can receive a one-time scholarship of Rs. 25,000/- to help cover the costs of their first year of graduation, postgraduation, or PG diploma courses in professional fields like Commerce, Economics, Accounting & Finance, Banking, Insurance, Management, Data Science, Statistics, Risk Management, and more. To apply, simply submit your application online before the deadline. Good luck!

Through this article, we will provide you with all types of information about the PARAS Scholarship Program 2023-24 like purpose, Eligibility Criteria, Benefits, Features, important documents, etc. Apart from this, we will share with you the process to apply online for this scholarship. To get complete information about this scholarship, read this article till the end.

PARAS Scholarship Program

The PARAS Scholarship Program welcomes students from diverse backgrounds, be it science, arts, commerce, or engineering. It aims to celebrate academic achievements, leadership qualities, and community contributions. The scholarship covers various educational expenses, including tuition fees and books.

For students, the PARAS Scholarship Program is a chance to pursue their educational aspirations without worrying about finances. Along with financial aid, the program offers mentorship to make a meaningful difference in the lives of deserving students. Recipients will receive Rs. 25,000/- through a timely payment system. Visit the official website to learn more.

Highlights Of PARAS Scholarship Program

The highlights of this scholarship are as follows:-

Objectives Of PARAS Scholarship Program

One of the key objectives of the PARAS Scholarship Program is to promote access to education. Many talented students, despite their potential, are unable to pursue higher education due to financial constraints. By offering scholarships, the program aims to bridge this gap and provide equal opportunities for all. Through financial assistance, deserving students can access quality education and unlock their full potential, regardless of their economic background.

Another important objective of the PARAS Scholarship Program is to encourage and reward academic excellence. The program recognizes the importance of nurturing and supporting talented individuals who demonstrate exceptional academic achievements. This program not only acknowledges their hard work and dedication but also motivates them to continue striving for excellence.

List of Covered Scholarships Under PARAS Scholarship Program 

The list of covered scholarships is as follows:- 

• PARAS Scholarship Programme for Undergraduate Students
• PARAS Scholarship Programme for Postgraduate Students 
• PARAS Scholarship Programme for PG Diploma Students 

PARAS Scholarship Programme for Undergraduate Students

This scholarship was provided to the students who were going to be admitted to the UG degree. the student will need to make sure that they have the required selection parameter that has been pre-defined or determined by the selection body.  One can apply online before the last that has been shared with them.

Scholarship Amount 

The rate of scholarship will be Rs. 25,000/- Per year.

Last Date 

The last date to apply online for this scholarship will be updated soon.

 Eligibility Criteria

• The student must be a citizen of India.
• He or she must be going to take admission to the undergraduate in any field that has been considered eligible.
• The students will need to secure at least 50% marks in the last examination.
• The annual income limit of the student’s family must be Rs 5 lakhs.

PARAS Scholarship Programme for Postgraduate Students 

There are various students wanting to undertake a PG degree in various fields but can’t be able to do so due to the financial stabilities that restrict them from taking admission in the required field. full addressing this issue para scholarship program for postgraduate students has been launched so that students will be able to pursue a PG degree after the completion of a UG degree. 

Scholarship Amount 

The rate of scholarship will be Rs. 15,000/- Per year.

Last Date 

The last date to apply online for this scholarship will be updated soon.

 Eligibility Criteria

• The student must be a citizen of India.
• He or she must be going to take admission to the postgraduate in any field that has been considered eligible.
• The eligible fields will be Banking, Insurance, Management, and other related fields.
• The students will need to secure at least 50% marks in the last examination.
• The annual income limit of the student’s family must be Rs 5 lakhs.

PARAS Scholarship Programme for PG Diploma Students 

Now the students will be able to pursue a PG diploma with the help of a scholarship named Paras Scholarship program for PG diploma students.  this scholarship will make sure that eligible students are getting selected at the right time and there also receiving the scholarship amount that has been determined.  The students will be urged to apply online before the last date. 

Scholarship Amount 

The rate of scholarship will be Rs. 15,000/- Per year.

Last Date 

The last date to apply online for this scholarship will be updated soon.

 Eligibility Criteria

• The student must be a citizen of India.
• He or she must be going to take admission to the B.Com., BBA, B.Sc., B.A., and BBI in Commerce, Economics, Accounting and Finance, Banking, Insurance, Management, Data Science, Statistics, Risk Management, and other related fields.
• The students will need to secure at least 50% marks in the last examination.
• The annual income limit of the student’s family must be Rs 5 lakhs.

Eligible Beneficiaries 

The list of eligible beneficiaries is as follows:-

• Students belonging to SC Category 
• Students holding ST categories 
• Female students
• Students belonging to PWD communities 

Offered Fields

The list of offered fields is as follows:-

• B.Com.
• BBA
• B.Sc.
• B.A. 
• BBI in Commerce, Economics, Accounting and Finance, Banking, Insurance, Management, Data Science, Statistics, Risk Management 

Scholarship Renewal Applicable

The students can also apply online for scholarship renewal if the scholarship amount has been over and the validity of this scholarship has expired. For this, the students will have to fulfil some eligibility conditions or criteria. He or she will need to secure at least 50% marks in the last year’s examination.

Annual Income Limit 

The students will also need to make sure that they have attained the required annual income limit that has been prescribed or determined by the selection procedure in order to get an online registration as well as selection for this scholarship. The annual income limit must be Rs. 5,00,000/- or INR 5 lakhs in order to get final selection. 

PARAS Scholarship Program Last Date

As the last date to apply online for this scholarship has been launched, now the students can apply online before the last date. The last date for online form submission will be 15th December 2023 by which the students can apply online. After getting online registration on time, the students will get rid of server-hanging issues.

Benefits Of PARAS Scholarship Program 2023-24

The benefits of this scholarship are as follows:- 

• The PARAS Scholarship Program assists students in pursuing education without worrying about tuition fees.
• Opens doors for students who may not have had the means for higher education.
• A list of three scholarships will be provided to the students wanting to apply online for this scholarship.
• Boosts resume, increasing chances of employment or admission to prestigious institutions.
• Connects scholars with talented individuals, mentors, and professionals for potential career opportunities.
• This will provide additional resources like libraries, research facilities, and mentorship programs.
• This scholarship will promote personal growth through workshops, seminars, and leadership development programs.
• Encourages participation in community service initiatives, fostering social responsibility.
• Some scholarships offer opportunities for international study, exposing scholars to different cultures.
• Scholars become part of the PARAS Scholarship Program’s alumni network, providing ongoing support and networking opportunities.

Features Of PARAS Scholarship Program 2023-24

The features of this scholarship are as follows:- 

• The Tata AIA Life Insurance Company Limited (Tata AIA) has launched the PARAS Scholarship Program.
• This scholarship will be provided to first-year students in graduation, postgraduation, or PG diploma courses.
• This will cover professional fields like Commerce, Economics, Accounting and Finance, Banking, Insurance, Management, Data Science, Statistics, Risk Management, and related areas.
• Students from all backgrounds, including science, arts, commerce, and engineering.
• Recognizes and rewards academic excellence, leadership potential, and community involvement.
• This scholarship will cover tuition fees, books, and other educational expenses.
• Financial assistance is provided through a time payment system.
• Unique opportunity for students to pursue education without financial constraints.
• Aimed at creating a positive impact on the lives of deserving students.
• The last date for online form submission is 15th December 2023.

Important Documents

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

• Aadhar Card
• Residence Proof
• DOB Certificate 
• Educational Marksheets 
• Annual Income Certificate
• Bank Account Details 
• Latest Passport Size Photographs 
• College Fee Receipt 
• Mobile No
• Email ID 

PARAS Scholarship Program Apply Online 2023-24

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

• Visit the Official Website first.

• Now you will get land on the homepage. 
• Click on the Register Now.

• The registration Form will be displayed on your screen.
• Fill in the details correctly such as:-
  • First Name 
  • Last Name 
  • Telephone Number 
  • Email Id 
  • Password
  • Confirm Password 
• Now click on the Register Button.

To Do Login

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

• Visit the official website first.
• Now you will get land on the homepage.
• Look at the right-hand side of your screen.
• Click on the Login button.

• A pop-up menu will be displayed on your screen.
• Select the login option.
  • Mobile Number
  • Email ID
• After that enter the asked details on the required columns.
• Now click on the Log In button.
• You will get a login to the portal.

Submitting Query

The applicants will need to follow the mentioned below points for submitting queries:-

• First of all, you will need to visit the official website.
• On the homepage, scroll down the page until you reach the bottom side of your screen.
• Click on the link to Contact Us displayed at the bottom side of your screen on the right-hand side.

• Submit Your Query Form will be displayed on your screen.
• Fill in the details carefully:-
  • Name
  • Email
  • Mobile Number
  • Subject
  • Comment
• Now click on the Submit button.

Getting Contact Details

The applicants will need to follow the mentioned below points to get contact details:-

• First of all, the applicant will need to visit the official website.
• Now you will be able to see the homepage.
• On the homepage, scroll down the page until you reach the bottom side of your screen.
• Click on the link to Contact Us displayed at the bottom side of your screen on the right-hand side.

• The contact details will be displayed on your screen.
• Now you can go through the contact details.
• You can see the contact details as per your choice of requirement.

Contact Information

In case of any queries and questions regarding the PARAS Scholarship Program, the applicants can contact this Phone No and Email ID:-

• Contact No:- 011-430-92248 (Ext: 335)
• Email ID:- parasscholarship@buddy4study.com