Federal Bank Announces Scholarships For Higher Studies 2024-25

Federal Bank has announced the opening of applications for the Federal Bank Hormis Memorial Foundation Scholarships for the academic year 2024-25. This scholarship programme, instituted in memory of our Founder, Late, K P Hormis, aims to support students pursuing higher education in various fields.

The scholarships are available for students admitted in the first year of the following courses: MBBS, BE/BTech, BSc Nursing, MBA (Full-time) and BSc Agriculture / BSc (Hons) Co-operation & Banking.

Students from the states of Gujarat, Karnataka, Kerala, Maharashtra, Punjab and Tamil Nadu are eligible to apply. Applicants must have secured admission under merit in government/aided recognised self-financing/autonomous colleges. Additionally, dependent wards of martyred armed forces personnel and students with speech, vision or hearing impairments are encouraged to apply.

Eligible students can apply through the Federal Bank Hormis Memorial Foundation Scholarship Portal. The application requires the submission of various documents, including admission letters, course fee structures, mark sheets, family income certificates and more. The last date for submission of online applications is December 18, 2024.

Scholarship benefits include 100 per cent reimbursement of tuition fees and other educational expenses, subject to a maximum of Rs 1,00,000 per year. Additionally, students are eligible for reimbursement for one PC/Laptop/Tablet during their course of study.

Applicants will be shortlisted based on their marks in the qualifying examination and income criteria. Shortlisted candidates will be called for an interview for document verification. The final list of eligible candidates will be published on the Bank’s website.