🌍 Overview
💰
Award Amount
Varies from INR 10,000 to INR 1,00,000 per annum depending on the level of study
⏱
Duration
1 Year (Renewable upon meeting specific criteria)
🗓
Deadline
Varies annually (Typically between September and December)
🔬
Fields
All streams including STEM, Commerce, Arts, and Professional courses
🏆
Awards/Year
Varies based on annual budget and applicant pool
🏛️
Provider
Paytm Foundation (One97 Communications Limited)
📊
Acceptance
Check official website for specific annual data
The Paytm Scholarship program is a CSR initiative by the Paytm Foundation aimed at providing financial support to talented students in India who face financial hurdles. It focuses on reducing the dropout rate by covering essential academic costs.
👥 Who Should Apply
Available to meritorious Indian students from economically weaker sections who have secured high academic marks and are enrolled in recognized institutions.
🏛️ Host University
Any recognized Indian educational institution (School, College, or University)
🤝 Sponsor
One97 Communications Ltd / Paytm
🔬 Fields of Study
All streams including STEM, Commerce, Arts, and Professional courses
✨ Key Benefits
Provides financial assistance to cover tuition fees and other academic expenses to ensure students from low-income backgrounds can continue their education.
🎯 Target Students
Economically Underprivileged Students / EWS Category
🏷 Tags
India
Financial Aid
Undergraduate
School Scholarship
EWS
Paytm Foundation
💸 Funding Breakdown
Tuition
Partial (directed towards tuition and academic fees)
Total Award
Varies from INR 10,000 to IN
✈️ Travel: No
🏠 Accommodation: No
💊 Health Insurance: No
🔄 Renewable: Yes
💳 App Fee: Free of cost
🎓 Tuition Coverage
Partial (directed towards tuition and academic fees)
🎁 Other Benefits
Career counseling, mentorship programs, and access to skill development workshops
📋 Renewal Conditions
Maintaining a minimum of 60% marks in subsequent exams and continuing to meet the financial need criteria.
✅ Eligibility Requirements
🌍 Eligible Nationalities
Indian citizens, enrolled in Class 9-12 or UG/PG courses, minimum 60% marks in the previous qualifying exam, annual family income below INR 6,00,000.
🎓 Academic Level
Class 9 to 12, Undergraduate, and Postgraduate
📊 Minimum GPA
60% marks or equivalent CGPA in the last academic year
🗣️ English Requirement
No specific English proficiency test required
🎂 Age Limit
Varies by level of study; standard age for the respective academic grade
💼 Work Experience
Not required
🏆 Leadership
Not mandatory, but extracurricular achievements are considered favorably
💰 Financial Need
Yes (Mandatory; family income must be below the specified threshold)
🎯 Target Students
Economically Underprivileged Students / EWS Category
📝 Application Requirements
Essay / SOP
Yes (Personal statement or statement of purpose regarding career goals)
Rec Letters
No (Usually only institution verification is required)
Interview
Yes (Shortlisted candidates typically undergo a telephonic or virtual interview)
Application Fee
Free of cost
Documents Required
- Academic Transcripts
- Passport / National ID
- No (Usually only institution verification is required) Recommendation Letters
- CV / Resume
- Personal Statement / Essays
- No specific English proficiency test required
- Interview: Yes (Shortlisted candidates typically undergo a telephonic or virtual interview)
- Min GPA: 60% marks or equivalent CGPA in the last academic year
📋 Application Process
Ensure all financial documents (Income Certificate) are up to date. Clearly articulate how the scholarship will help achieve your career goals in the personal statement.
💡 Insider Tip: Maintain high academic performance as competition is high; keep a scanned copy of the previous year's mark sheet and current year's fee receipt ready.