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Scholarships in India – Did you know thousands of crores worth scholarships in India are available for both meritorious and underprivileged students? Probably not. With the rapidly increasing cost of education, a number of capable students are unable to fulfill their aspirations of higher studies.

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According to a report by Institute for Policy Research Studies (PRS), New Delhi, the percentage of students enrolled in class 10^th is 77% while the percentage of students enrolled in class 11 is limited to 52%. This clearly depicts the drop-out of students from class 10^th to 11^th and makes the need for scholarships in India critical and compelling for them.

To deal with this drop-out situation, the government and various other public as well as private organizations, have come up with suitable aids to meet their financial needs. You are open to a wide variety of scholarships for continuing your education such as merit-based, means-based, talent-based sports-based etc. You can explore details about all types of scholarships below. However, before heading to the list of such scholarships, you should be aware of some common myths about scholarships in India.

Scholarships in India – Myths

The realm of scholarships is full of misconceptions. Some of the most common myths about scholarships in India are –

• Scholarships are available only for students belonging to economically backward classes or underserved sections of the society.
• Only meritorious students are eligible to get a scholarship.
• The amount of scholarship that a student receives is not worth your efforts.
• Applying for a scholarship is a tedious task and involves you to follow too many guidelines.
• You can apply for only one scholarship.

However, when it comes to reality about scholarships in India, the following facts count –

• The realm of scholarships in India is very vast which are applicable for students of all class, caste, creed, category and gender.
• Scholarships primarily aim at supporting education. Thus, a variety of scholarships are available to meet the custom-needs of students namely, merit-based, means-based, talent-based, merit-cum-means based, sports-based etc.
• When it comes to education, every small or big effort that you make to get easy access to education counts.
• With the advent of technology, the application process has become more convenient and easier.
• You can apply for as many scholarships as you want to but can avail only one. This condition of availing a scholarship may vary from provider to provider.

Scholarships in India – Merit-based scholarships

What do you understand by merit-based scholarships? The scholarships which are disbursed on the basis of a student’s academic merit are broadly categorized under merit-based scholarships section. Now the question arises, how will you identify such scholarships out of the thousands of options available. To make it easier for you, here is a selective list of some renowned merit-based scholarships announced every year.

So, if you are among the top rankers of your class, and looking for a scholarship to fund your education further, this list of merit-based scholarships available in India is positively going to help you.

Schoolastro.com a young education company acts as a platform to connect scholarship promoters to scholarship seekers directly.