Magma Fincorp is offering M-Scholarship 2021 to students who have passed class 12th with minimum 80% marks (85% for Science / Commerce streams). This scholarship is available to meritorious students from economically poor families. The aim of the M-Scholarship is to provide financial assistance to the needy students for their graduation. Since 2015, M-Scholars are being offered to qualified candidates.
M-Scholarship 2021
Applicants who have attained a minimum of 80% in their class XII board examination are eligible for the M-Scholarship 2021. The “M-Scholar” ship is being offered for her undergraduate studies. The 3-year scholarship is renewed every year upon confirmation of grade in the annual examination. We suggested that every applying candidate should get in touch with this webpage checking the latest status of result pdf. If you are also one of the qualified applicants, do not miss this golden opportunity and fill the M-Scholarship online application form before the last date.
Magma Scholarship 2021 Eligibility Criteria
Here, students can see details about eligibility criteria of M-Scholarship
- Indian citizens are eligible to apply for this scholarship.
- Students should have passed their 12th board examination in Arts stream (85% in Science / Commerce stream) with minimum 80% marks from their respective board.
- Students with family income less than Rs 10,000 / – per month are eligible to apply.
- On 15 August of the year of admission, the maximum age of the applicant should not be more than 20 years.
Documents Required
- Aadhar card and two recent size photographs
- Class 12 mark sheet
- College admission proof
- Self-written application letter for scholarship
- Income certificate
- Cancelled cheque
M-Scholarship Award
Selected students will receive financial assistance of Rs. 20,000 / – to Rs. 50,000 / – per year. This scholarship is renewed every year after confirmation of grade in the annual examination. Magma offers a total of 100 scholarships to meritorious students. The duration of the scholarship is 3 years.
How to apply for M-Scholarship 2021-22 application form
A candidate who is eligible and wants to apply for M-Scholarship 2021, has to send a mail to [email protected] along with the income proof.
Selection Process
To select the student, the authority will first check the eligibility of the candidate for this scholarship. Also, the candidate’s academic performance, financial background and scholarship requirement are taken into consideration.