How to Get ICSI Scholarship? Eligibility, Process, and More

How to Get ICSI Scholarship: The Institute of Company Secretaries of India (ICSI) offers scholarships to support meritorious students and those from economically weaker backgrounds. These scholarships help students pursue their company secretaryship without financial constraints. If you are wondering how to get ICSI scholarship, this detailed guide will walk you through the eligibility criteria, benefits, and application process.

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What is ICSI Scholarship?

ICSI scholarships are financial assistance programs designed to help students pursuing the Company Secretary course. These scholarships aim to recognize academic excellence and support students from underprivileged backgrounds, ensuring that financial constraints do not hinder their professional aspirations.

Types of ICSI Scholarships

ICSI provides two major scholarships:

Merit Scholarship: For students who have performed exceptionally well in the ICSI exams.

Merit-cum-Means Assistance Scheme: For students from economically weaker backgrounds who also have good academic records.

Merit Scholarship

The first scholarship is a merit scholarship provided to the students who perform well in their exams.

Eligibility Criteria

To qualify for the ICSI Merit Scholarship, students must meet the following conditions:

For Executive Programme/Intermediate Course:

• Must have cleared all Foundation Programme papers in a single attempt without exemption.
• A minimum of 55% aggregate marks is required.
• Registration for the Executive Programme must be completed within three months of the Foundation Programme result declaration.

For Professional Programme/Final Course:

• Must have cleared all papers of both modules/groups of the Executive Programme in a single attempt.
• A minimum of 55% aggregate marks is required.

Number of Scholarships

• Executive Programme – 25 per session (50 per year)
• Professional Programme – 25 per session (50 per year)

Scholarship Amount

Students selected for the Merit Scholarship receive ₹750 per month.

Merit-cum-Means Assistance Scheme

The other scholarship scheme is merit-cum means assistance scheme to financially support the students.

Eligibility Criteria

To be eligible for this scheme, students must fulfill the following conditions:

For Executive Programme/Intermediate Course:

• Must have passed all Foundation Programme papers in a single attempt without exemption.
• A minimum of 50% aggregate marks is required.
• Registration for the Executive Programme must be done within three months of the Foundation Programme result declaration.
• Personal income (if any) should not exceed ₹2,40,000 per year.
• If dependent on parents/guardian/spouse, the total family income should not exceed ₹3,60,000 per year.
• Should not receive any other financial assistance while pursuing the course.

For Professional Programme/Final Course:

• Must have cleared both groups of the Executive Programme in a single attempt.
• A minimum of 50% aggregate marks is required.
• Income conditions are the same as for the Executive Programme.

Number of Scholarships

• Executive Programme – 25 per session (50 per year)
• Professional Programme – 25 per session (50 per year)

Scholarship Benefits

• ₹500 per month for ten months.
• Exemption from Education Fee and Examination Fee during the assistance period.

How to Apply for ICSI Scholarship?

If you are looking for to get an ICSI scholarship, follow these steps:

Check Eligibility: Ensure you meet the required criteria for the scholarship.

Download the Application Form: The application form for both scholarships is available on the official ICSI website.

Fill in the Required Details: Provide academic records, personal information, and financial details (for Merit-cum-Means Scholarship).

Attach Supporting Documents:

• Mark sheets of the qualifying examination.
• Income certificate (for Merit-cum-Means Assistance Scheme).
• Proof of registration with ICSI.

Submit the Application: The completed application must be submitted within three months of the declaration of results.

Why Apply for ICSI Scholarships?

Many students search for how to get ICSI scholarship because it provides financial relief and motivates academic excellence. Here are some key benefits:

Reduces financial burden for students pursuing CS.

Encourages students to perform well in examinations.

Provides an opportunity for economically weaker students to complete their studies.

Important Points to Remember

Below, we’ve mentioned some important points that need to be considered for ICSI Scholarship:

• Scholarships are awarded strictly on merit and financial need.
• Late applications are not considered.
• Students cannot receive multiple scholarships simultaneously.
• Ensure all documents are correctly submitted to avoid disqualification.
• Scholarship benefits are subject to periodic review and may be discontinued if the recipient fails to meet the academic criteria.
• Applicants must maintain the required academic performance throughout the scholarship tenure.
• Any false information provided in the application can lead to immediate disqualification.

Understanding how to get ICSI scholarship can help aspiring company secretaries reduce their financial burden and stay motivated in their academic journey. Whether you are applying for the Merit Scholarship or the Merit-cum-Means Assistance Scheme, ensuring that you meet the eligibility criteria and submit the application on time is crucial. By following the steps outlined in this guide, you can successfully apply for and benefit from the ICSI scholarships.