ICSI Merit-cum-Means Assistance Scholarship : Institute of Company Secretaries of India

Organisation : The Institute of Company Secretaries of India (ICSI)
Scholarship Name : Merit-cum-Means Assistance Scholarship
Website : http://www.icsi.edu/Student/MeritScholarship.aspx
Application Form : https://www.scholarships.net.in/uploads/17524-Form.pdf
Scheme Details : https://www.scholarships.net.in/uploads/17524-Guidelines.pdf

Merit Scholarship :

The scheme is intended to recognise meritorious performance in the Institute’s examinations and accordingly provide scholarships to meritorious candidates to pursue studies for the Intermediate/Executive Programme and Final/Professional Programme examinations of the company secretaryship course.

Related : ICSI Students Education Fund Trust Merit Scholarship : www.scholarships.net.in/3986.html

Award of Merit Scholarship :
The merit scholarship shall be granted purely in order of merit only to a registered student for the Intermediate or Final examination, as the case may be.

For Intermediate Course:
The candidate should :
** have passed all the papers of Foundation examination at one sitting, in the first attempt, without exemption in any paper and secured at least a minimum of 55 per cent marks in the aggregate; and
** have applied for registration as a student of the Institute by making application in the prescribed form(s) together with the requisite registration fee within three months from the date of declaration of his/her result of the Foundation examination.

For Final Course:
The candidate should have passed all the papers included under both groups of Intermediate examination at one sitting, in the first attempt, without exemption in any paper, and secured at least a minimum of 55 per cent marks in the aggregate.

Number of Scholarships
1. For Intermediate Course: The number of scholarships for Intermediate course shall not exceed 25 in each session or 50 in a year.
2. For Final Course: The number of scholarships for Final course shall not exceed 25 in each session or 50 in a year.

However, if the number of candidates eligible for scholarships is more than the number of scholarships available at any particular session, the Institute may award stipulated number of scholarships in order of merit of marks obtained, proportionately dividing the total scholarship amount equally in some or all cases.

Value:
The amount of full scholarship per student will be Rs. 500 per month.

Duration :
The grant of scholarship shall commence from the month following the month of declaration of results of the Foundation/Foundation Programme or Intermediate/Executive Programme examination and shall last upto and including the month in which the candidate, for the first time, be normally eligible to appear in the next immediate Intermediate/Executive Programme/Final/Professional Programme examination, as the case may be, OR 12 months whichever is earlier.

Conditions for Continuance of Scholarship :
The scholarship shall continue for a period specified in para 9 above, subject to the following conditions

** that the student consciously and diligently pursues the studies and complies with all the requirements and formalities as may be specified by the Institute from time to time;
** that his/her progress in pursuing postal/oral coaching shall be regular and satisfactory, and subject to review by the Institute on quarterly basis; and
** that the conduct of the student being found satisfactory, as provided in Regulation 27.

Announcement Regarding Award of Scholarship:
The Institute may notify through “Student Company Secretary” and “Foundation Course” Bulletins at least once in every six months normally in the months of April/May and October/November issues regarding award of scholarship for each session.

Communication :
The decision with regard to award of scholarships will be communicated individually to the awardees and also published in the bulletin “Student Company Secretary”.

Payment of Scholarship:
The scholarship amount will normally be paid to each awardee at the beginning of each month for the previous month by way of a crossed account payee cheque/demand draft subject to his/her fulfilling the conditions with regard to the award of scholarship.

Cancellation of Scholarship :
The scholarship may be recovered, withdrawn or cancelled, at the discretion of the Institute, if at any time it is found that:

** the student is not pursuing postal/oral coaching or course of studies to the satisfaction of the Institute or otherwise considered not eligible for continuance of the scholarship;
** his/her conduct has not been found satisfactory in pursuance of regulation 27 of the Company Secretaries Regulations, 1982?.