The Mirae Asset Scholarship program is a shining example of corporate social responsibility in action. Established by the Mirae Asset Foundation, the scholarship program aims to empower deserving students by providing them with much-needed financial assistance. This initiative recognizes the transformative power of education and seeks to bridge the gap for students who might otherwise struggle to pursue their academic dreams.
About the Mirae Asset Foundation
The Mirae Asset Foundation is the corporate social responsibility arm of Mirae Asset Financial Group, a leading financial group in Asia. Founded by Park Hyeon Joo, the Foundation carries forward the group’s commitment to giving back to society. Its charitable work across India ranges from providing scholarships for students at all levels of education to working on educational initiatives with institutional partnerships.
Benefits of Securing the Mirae Asset Scholarship
- Financial Relief
The Mirae Asset Scholarship offers a lifeline to students from underprivileged backgrounds. By covering a significant portion of their tuition fees, the scholarship allows them to focus on their studies without the burden of financial stress. - Academic Recognition
Receiving the Mirae Asset Scholarship is a significant achievement. It recognizes your academic merit and dedication to your studies, further motivating you to excel. - Potential for Mentorship or Networking
Some scholarship programs might offer additional benefits like mentorship or networking opportunities. These opportunities can be invaluable for your future career development.
Mirae Asset Foundation Scholarship Program 2024 Details
Eligibility Criteria
- Available to students who are currently pursuing undergraduate or postgraduate programs in India.
- Applicants must have achieved a minimum of 60% in previous academic year.
- The total annual family income of applicants should not exceed INR 8,00,000 from all sources.
- Scholarship applications are open to students from all over India.
Note:
- For undergraduate students, the total academic fees paid to the respective institution should not be less than INR 40,000.
- For postgraduate students, the total academic fees paid to the respective institution should not be less than INR 50,000.
Application Process
The application process for the Mirae Asset Foundation Scholarship Program is typically straightforward. Students can find the application form and detailed instructions here. The application process usually involves submitting documents such as academic transcripts, proof of income, and a current year admission letter with details of fees.
A Step-by-Step Guide to Applying for the Scholarship
Earning a scholarship can feel like climbing a mountain – exciting but daunting. But fear not! Applying for the Mirae Asset Foundation Scholarship is a straightforward process. Here’s a step-by-step guide to help you navigate the journey:
- Visit the Official Website: Head over to the Mirae Asset Foundation’s official website. They’ll have a dedicated section for the scholarship program, where you can find all the latest information.
- Review Eligibility Criteria: Before you get started, make sure you meet the eligibility requirements. These typically include details like the level of study (undergraduate or postgraduate), minimum academic scores, and annual family income.
- Gather Required Documents: The application process usually involves submitting documents like academic transcripts, proof of income (like an income certificate), and your current year’s admission letter with details of your tuition fees. Make sure you have scanned copies of these documents ready beforehand.
- Complete the Application Form: Once you’re confident about your eligibility, find the application form online. Fill it out carefully, ensuring all the details are accurate and up-to-date. Double-check everything before submitting!
- Submit Your Application: Once you’ve reviewed your application, hit submit! Keep an eye out for any confirmation emails or updates from the Foundation.
Instructions for filing from the official website:
- To start the application process, simply press the ‘Apply Now’ button.
- Sign in to Buddy4Study using your registered account details to access the application form page.
- If you are not yet registered, create an account on Buddy4Study using your email, phone number, or Gmail.
- You will then be directed to the application form page for the ‘Mirae Asset Foundation Scholarship Program 2024-25’.
- To begin filling out the form, click on the ‘Start Application’ button.
- Complete all the necessary sections of the online application form and upload relevant documents.
- Agree to the terms and conditions, then click ‘Preview’.
- Ensure all information on the preview screen is accurate before submitting your application by clicking the ‘Submit’ button.
Documents Required
Scholarship Disbursement
The Mirae Asset Scholarship program aims to provide financial assistance to help students cover course fees. The scholarship amount will be transferred directly to the institutions on behalf of the selected students.
The Selection Process Explained
Initial Screening Based on Merit and Eligibility
The selection process for the Mirae Asset Scholarship Program typically involves an initial screening based on the eligibility criteria mentioned above and academic merit. This screening ensures that only qualified students move forward in the selection process.
Interview Stage
Shortlisted students might be invited for a telephonic interview to assess their academic potential and motivation. This will be followed by document verification. To ensure a fair and transparent selection process, the Foundation may verify the submitted documents with competent government authorities. This safeguards the integrity of the program.
Final Decision
The scholarship providers will choose the final scholars. Ultimately, the scholarship providers have the final say in determining who will be awarded the scholarship.
Embark on Your Educational Journey: Apply Today and Invest in Your Future
The Mirae Asset Scholarship is more than just financial aid; it’s an investment in your future. If you’re a dedicated student facing financial hurdles, this scholarship program could be the key to unlocking your full potential. Apply today and embark on a rewarding educational journey!
Frequently Asked Questions (FAQs)
Q: What is the Mirae Asset Foundation Scholarship Program 2024-25?
A: The Mirae Asset Foundation Scholarship Program 2024-25 is a scholarship initiative by Mirae Asset Financial Group in India to support educational development in the country.
Q: What are the eligibility criteria for the scholarship program?
A: The eligibility criteria include academic merit and financial need, along with specific requirements for undergraduate and postgraduate students.
Q: How can I apply for the scholarship?
A: The application process involves submitting required documents and details online through the program’s portal.
Q: Which institute administers the scholarship program?
A: The scholarship program is administered by the Mirae Asset Park Hyeon Joo Foundation in Korea.
Q: What is the significance of the scholarship program for educational development in India?
A: The scholarship program aims to provide opportunities for students to achieve their dreams through financial support for their education.
Q: What are the scholarship opportunities provided by the program?
A: The program offers financial assistance to selected students for their postgraduate courses in the country.
Q: How are the scholarship funds transferred to institutions along with the institute’s bank details?
A: The scholarship funds are transferred directly to institutions along with the institute’s bank details for the beneficiaries’ educational expenses.