Scholarship/ fee concessions available for CA students

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Aruna asked over 3 years ago

Is there any scholarship/ fee concessions are available for CA pursuing students?

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3 Answers
Data?1494421738 samkit kothari answered over 3 years ago

1. Merit Scholarship: The students whose names appear at SI.No.l to 10 (in case the rank at SI. No. 10 continues to SI. No. 11 or to SI. No. 12 or so on, all such rank holders) of the respective Merit lists of Common Proficiency Test (CA Foundation | CA CPT), held in June/December, Intermediate (IPC) Course Examination held in May/ November every year are selected for award of Merit Scholarship @ Rs.1500/- and Rs. 2000/- per month respectively. Rank holders of Common Proficiency Test (CA Foundation | CA CPT) who have registered for Intermediate (IPC) Course (Intermediate (IPC) Course Students) will get Scholarship for a period of 18 months while the Rank holders of Intermediate (IPC) Course (Final Students) will get for a maximum period of 30 months/remaining period of their articleship. 2. Merit-cum-Need based Scholarship: All students (other than covered under Merit Scholarship) whose names appear in the Merit list of Rank holders of the Common Proficiency Test / Intermediate (IPC) Course and whose parents total income is not more than Rs. 1,50,000/- per annum are eligible to apply for award of Merit-cum-Need scholarship. The students who would be selected for award of scholarship will be granted @ Rs. 1500 p.m for 18 months to rank holders of CA Foundation | CA CPT who have registered for Intermediate (IPC) Course and for a maximum period of 30 months/ remaining period of articleship to rank holders of Intermediate (IPC) Course who have registered for articleships. Total 60 scholarships are awarded every year under this category. 3. Need-based and weaker sections Scholarship: Students of Intermediate (IPC) Course and Final Course are eligible to apply for award of Need- based Scholarships provided their parents’ annual income is not more than Rs. 1,00,000/- per annum. The students who would be selected for award of scholarship will be granted @ Rs. 1250 p.m for 18 months to Intermediate (IPC) Course students and for a maximum period of 30 months/remaining period of articleship to Final students. Total 200 scholarships are awarded every year under this category.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 karishma answered over 3 years ago

Hi, Yes ICAI has been providing scholarships such as Merit, Merit-cum-Need based,Need based and weaker section twice a year. and the students have to apply in prescribed form to ICAI. Hope this helps you Thank You

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Rajendran answered over 3 years ago

Yes. Students who are pursing CA Course can avail the following scholarships/ fee concessions: 1. Merit Scholarship: The students whose names appear at SI.No.l to 10 (in case the rank at SI. No. 10 continues to SI. No. 11 or to SI. No. 12 or so on, all such rank holders) of the respective Merit lists of Common Proficiency Test (CA Foundation | CA CPT), held in June/December, Intermediate (IPC) Course Examination held in May/ November every year are selected for award of Merit Scholarship @ Rs.1500/- and Rs. 2000/- per month respectively. Rank holders of Common Proficiency Test (CA Foundation | CA CPT) who have registered for Intermediate (IPC) Course (Intermediate (IPC) Course Students) will get Scholarship for a period of 18 months while the Rank holders of Intermediate (IPC) Course (Final Students) will get for a maximum period of 30 months/remaining period of their articleship. 2. Merit-cum-Need based Scholarship: All students (other than covered under Merit Scholarship) whose names appear in the Merit list of Rank holders of the Common Proficiency Test / Intermediate (IPC) Course and whose parents total income is not more than Rs. 1,50,000/- per annum are eligible to apply for award of Merit-cum-Need scholarship. The students who would be selected for award of scholarship will be granted @ Rs. 1500 p.m for 18 months to rank holders of CA Foundation | CA CPT who have registered for Intermediate (IPC) Course and for a maximum period of 30 months/ remaining period of articleship to rank holders of Intermediate (IPC) Course who have registered for articleships. Total 60 scholarships are awarded every year under this category. 3. Need-based and weaker sections Scholarship: Students of Intermediate (IPC) Course and Final Course are eligible to apply for award of Need- based Scholarships provided their parents’ annual income is not more than Rs. 1,00,000/- per annum. The students who would be selected for award of scholarship will be granted @ Rs. 1250 p.m for 18 months to Intermediate (IPC) Course students and for a maximum period of 30 months/remaining period of articleship to Final students. Total 200 scholarships are awarded every year under this category. Two scholarships are reserved every year for physically handicapped students. The payment of scholarship is liable to be discontinued in case the recipient does not pass the Intermediate (IPC) Course/Final Examination in the first two eligible chances. For SC/ST/OBC category students, an additional amount of Rs.100/- p.m. will be paid on submission of a certificate/ documentary proof duly attested by a gazetted officer or a member of the Institute. 4. Scholarships under Endowment Schemes: In addition to the above, scholarships are also awarded under different Endowment Schemes created by individual donors/ Joint Corpus formed by donors. The criteria applied are the same as in case of Need-based scholarship. First three rank holders of CA Foundation | CA CPT will be granted full exemption from the payment of registration fees at the time of registration for Intermediate (IPC) Course including registration fee for 100 Hours Information Technology Training. Such fee exemption will be continued at the time of registration for Final Course provided the student passes both groups in Intermediate (IPC) Examination in the first attempt. In other words the first three rank holders of CA Foundation | CA CPT need not pay the Final fee if they pass the Intermediate (IPC) Examination in the first attempt. Effective from November, 2010 examination onwards, top 10 rank holders of the Intermediate (Integrated Professional Competence) Examination and Final Examination are exempted from payment of fee for attending residential programme on Professional Skills Development Programme.

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