There are 3 major types of scholarships available in India
- Means-based scholarships: For students who do not have enough resources or financial background to pursue higher education. The parents or guardians of the students have low-income levels and cannot support their child’s education expenses.
- Merit-based scholarships: For students who perform exceptionally well in a given exam.
- Needs-based/Social scholarships: For students who have special physical needs or belong to a special caste or region which has been identified for support.
Scholarships are also offered by private universities based upon performance in the qualifying exam conducted by the University
Major Scholarships in India
- National Scholarships: These are govt funded scholarship which can be accessed at scholarships.gov.in portal. There are more than 40 schemes for various courses. Most scholarships are Means Based, Needs-Based, and Caste Based.
- Teach India Fund : This is the biggest private study grant provider for Graduate studies in India. Visit Teachindiafund.com and find details. A scholarship of Rs 10 Lakh for up to 500 is given for students who appear and clear TIF-CAT exam which is held annually. This is a complete merit-based scholarship.
- Various private colleges like Amity, LPU, Symbiosis, Sikkim Manipal University run their own scholarship exam for students interested in studying in these Universities. They offer Merit-based and Need-based Scholarships.