Propelld Scholarship Program 2023 Apply Online & Registration Form | Benefits & Features | Propelld Scholarship Program Check Amount & Last Date | Propelld Scholarship Program Check Beneficiary Limit & Budget Amount | Check Eligibility & All Details |
The Propelld has launched the Propelld Scholarship Program so that the students enrolled in the PG degree in any course or discipline will be able to get the scholarship amount of Rs. 2,00,000/- with the additional cash of Rs. 1,00,000/-. The students will also be able to get loan benefits if they want to avail so.
Today through this article we will provide you with all types of information about the Propelld Scholarship Program 2023 like objectives, eligibility criteria, benefits, features, important documents, etc. Apart from this, we will share with you the process of applying online under this scholarship. To get complete information about this scholarship initiative, read this article till the end.
Propelld Scholarship Program
Now the students will be able to get some form of financial help and support on the basis of merit and financial needs after getting an online registration offered under the Propelld Scholarship Program for receiving an amount of Rs. 2 lakhs in the form of a scholarship amount of up to 60% of their course fees.
The scholarship amount of Rs. 2,00,000/- and additional cash of Rs. 1 lakh will be provided to the students enrolling under the Propelld Scholarship Program for pursuing PG or MA degrees in any field from the Indian university. Loan offers can also be availed by the students at the interest rate of 12% if the loan tenure is 12 months or 1 year.
Highlights of Propelld Scholarship Program 2023
The highlights of this scholarship are as follows:-
| Name Of The Scholarship | Propelld Scholarship Program |
| Known As | Propelld Post-Grad Scholarship |
| Launched By | Propelld Organization |
| Delegated Ministry | Ministry of Electronics and Information Technology |
| Objective | To provide scholarships to students pursuing PG degrees |
| Benefit | Students will get educational opportunities |
| Applicable to | Citizens of India |
| Beneficiaries | Students |
| Beneficiary Category | Students enrolling in postgraduate degrees |
| Offered Degree | PG or MA |
| Beneficiary Limit | 500 Students |
| Scholarship Budget Amount | Rs. 2 Crores |
| Mode of Transfer | DBT |
| Payment Mechanism | E-Payment Mechanism |
| Form of Benefit | Scholarship Amount |
| Amount of Benefit | Rs. 2,00,000/- |
| Additional Cash Amount | Rs. 1,00,000/- |
| Scholarship Tenure | Variable |
| Selection Parameters | Merit and Need Basis |
| No. of Selection Parameters | 2 |
| Transferable Type | One Time Payment |
| Host Site | NIC (National Information Centre) |
| Last Date To Apply Online | 15th March 2023 |
| Mode of Application | Online |
| Email ID | [email protected] |
| Official Website | www.scholarship.propelld.com |
Objectives Of Propelld Scholarship Program
The major objective of launching the Propelld Scholarship Program is to provide scholarships to Indian students so that they will be able to pursue PG or MA degree in any field or discipline after getting the scholarship amounts. The students will be able to get the scholarships on the basis of the merit-and-need principles.
Another objective of launching the Propelld Scholarship Program is to award a scholarship amount of Rs. 2 Lakhs and additional cash of Rs. 1,00,000/- by which they will be able to get paid out their course fees for PG or MA degree. The students will be able to get loans at the interest rate of 12% if the loan tenure is 1 year.
Propelld Scholarship Timelines
The timelines of this scholarship are as follows:-
| Event | Date |
| Starting Date to Apply Online | 15th February 2023 |
| Last Date To Apply Online | 15th March 2023 |
Beneficiary Category
The student or applicant will need to possess or attain the beneficiary category if he or she wants to get application enrollment under this scholarship. This scholarship will be applicable to students pursuing MA or PG degree in any field or discipline from an Indian university. Meritorious and financially backward students will be given scholarships.
Beneficiary Limit
The students will be awarded the scholarship is obvious but it doesn’t mean that there is no beneficiary limit that has been kept on the beneficiaries who will be given online registrations. A target of covering or providing scholarships to around 500 such students has been kept by the Propelld body.
Propelld Scholarship Budget Amount
For the successful implementation of this scholarship, the Propelld organization has also set up some budgetary amount which will be used for providing scholarships to the students. An amount of Rs. 1 crore has been set up in the form of a budget. The selected students will be given scholarships using this budget amount.
Propelld Scholarship Amount
The selected students will be given or offered a scholarship amount of Rs. 2,00,000/- by which they will be able to get paid out the course or admission fees of their PG degree by enrolling in any Indian University. Students enrolling in PG degrees for the batch 2023-24 will be granted scholarships.
Covered Allowances
This scholarship will cover the mentioned-below allowances:-
- Tuition Fees
- Textbooks or Study Material Allowance
- Living or Accommodation Fees
Additional Cash Amount
Regardless of the scholarship amounts, the students will also be given or offered additional cash amounts that will be payable to the students in the form of propelld credit amount. The amount of this additional cash will be Rs. 1,00,000/- which will be slightly less than the amount of scholarship amount.
Loan Benefits
The students can also avail the benefits of loan offers if he or she has applied for the propelld credit card. After getting the loan amount, the students can return the borrowed amount on the rate of interest applicable on the amount of borrowed amount on the basis of the duration for which the amount will be returned to the organization.
Selection Parameters
The selection parameters for selection are as follows:-
- Merit Record
- Financial Background
Propelld Scholarship Selection Procedure
The students will need to carry out the selection procedure. The scholarship application form submitted by the students will be verified by the selection body. The student’s academic records and financial records and other supporting documents will be taken into consideration at the time of shortlisting the students. Names of shortlisting students will get marked on the beneficiary list.
Propelld Scholarship Termination
Propelld has the power to end or suspend your use of its website, systems, services, and content at any time and for any reason. Even if others can still use it, you must stop using it immediately if they terminate or suspend your access. You must also delete any copies of the content you have. Continuing to use the website after termination will be considered trespassing. Propelld is not responsible to you or any third party for any termination or suspension.
Scholarship Payment Process
The process of scholarship payment is as follows:-
- The Scholarship program gives cash to eligible students who win the scholarship.
- To receive the cash, students must provide their first fee receipt from their educational institute.
- The receipt must be for non-refundable tuition fees.
- The Scholarship amount will be transferred directly to the student’s bank accounts.
- Students can use their Propelld Credits to apply for a loan from Propelld.
- Once the loan is approved and disbursed, interest on the loan will be calculated.
- Quarterly reimbursements will be given to students to reduce their loan burden.
Improve Scholarship Chances
Follow these tips to increase your chances of getting a scholarship:-
- Meet Requirements
- Provide Necessary Documents
- Highlight Academic Achievements & Extracurricular Activities
- Seek Feedback & Work with a mentor to make your application better
Benefits Of Propelld Scholarship Program
The benefits of this scholarship are as follows:-
- The students will be given scholarships for pursuing a PG degree in any field or discipline.
- The students can also avail the benefits of loan offers or services.
- Around 500 students will be selected for providing scholarships.
- The academic excellence and financial background of the student will serve as a selection parameter for the student.
- Students can again get enrollment in the 2nd or 3rd phase, in case they are not able to get enrollment in the 1st phase.
- For the successful implementation of this scholarship, the scholarship budget amount has been fixed.
Features Of Propelld Scholarship Program
The features of this scholarship are as follows:-
- The Propelld Organization has launched the Propelld Scholarship Program.
- This scholarship will be provided to the students pursuing a PG degree in any course or field/discipline.
- A target of covering 500 such students has been fixed in the form of a beneficiary limit.
- An amount of Rs. 1 crore has been sanctioned or approved by the concerned authorities.
- Selected students will be given a scholarship amount of Rs. 2 lakhs.
- The additional cash amount of Rs. 1,00,000/- will also be provided to the students.
Propelld Scholarship Program Eligibility Criteria
The students will need to possess the below-mentioned eligibility criteria:-
- The student must be a citizen of India.
- He or she must be pursuing a PG degree in any field or discipline.
- The student must have submitted his or her academic and financial & other supporting documents to the portal.
Important Documents
Some of the important documents need to apply online for this scholarship are as follows:-
- Educational Certificates
- Income Certificate
- Academic Certificates
- Proof Of Financial Need
Process To Apply Online Under Propelld Scholarship Program
The following steps will need to be followed by the students for getting online registration under this scholarship:-
- Visit and open the Official Website.
- Now you will get land on the homepage.
- The registration form will get appeared on the right-hand side of your screen.
- Fill it with the asked details such as:-
- Full Name
- Phone Number
- Password
- Place a tick mark on the declaration line.
- Then, click on the Proceed button.
- Your scholarship form will get submitted to the portal.
Contact Information
In case if you have any queries or questions regarding Propelld Scholarship Program, then you can contact this email ID:- [email protected].