ANNUAL PARENTAL/GUARDIAN'S INCOME
Scholarship will be paid to the students whose parents/ guardians'income from all sources does not exceed Rs. 2,00,000/- (Rupees two lakh only) per annum in case of Pre-matric scholarship scheme and Rs.2,50,000/- (Rupees two lakh fifty thousand only) per annum in case of Post-matric scholarship scheme.
NOTE 1: So long as either of the parents is alive, only income of the parents, as the case may be, from all sources has to be taken into account only and of no other member even though they may be earning. In the form of income declaration, income is to be declared on this basis. Only in the case where both the parents have died, the income of the guardian who is supporting the student in his/her studies has to be taken. Such students whose parent's income is affected due to unfortunate death of one of earning parents and resultantly comes within the income ceiling prescribed under the scheme, shall become eligible for scholarship, subject to their fulfilling
other conditions of eligibility, from the month in which such sad incidence takes place. Applications for scholarships from such students can be considered even after lapse of last date of receipt of applications, on compassionate grounds.
NOTE 2: Income certificate is required to be taken once only i.e. at the time of admission to courses which are continuing for more than one year.
NOTE 3: Income Ceiling would be revised once in every two years linking it with Consumer Price Index for Industrial Workers for the month of October of the year, preceding the year of revision and will be made effective from April.


