Scholarships for commerce students act as a boon for those meritorious and deserving students who face difficulty in managing funds for their education. Considered to be a crucial component of any business, commerce studies are also a much sought-after alternative for students in India. It has a widespread reach worldwide. Some of the most prominent degree courses related to commerce stream include B.Com., M.Com., CA, CS and more. There are various institutions and organisations that offer scholarships for commerce students to provide them with suitable financial aid in the pursuit of their dreams.
How many scholarships are available for commerce students? When and how can the students apply for these scholarships? Where can the students apply for them? What kind of financial assistance is given to students through these scholarships? Find an answer to all these questions in detail in this article. It acquaints you with every significant information such as the complete list of commerce scholarships, their eligibility, application process and award details.
Scholarships for Commerce Students – The Complete List
Students can find a number of scholarships to pursue their studies in the commerce stream in India, as well as abroad. Both Indian and international institutions offer scholarships for commerce students to help them achieve greater heights in this stream without any financial constraint. Some of the most popular scholarships for commerce students are mentioned in the table given below along with their tentative application timeline and provider details.
Detailed List of Scholarships for Commerce Students
S.No. | Name of the Scholarship | Provider Name | Application Timeline* |
1. | Sarla Devi Scholarship | Dharampal Satyapal Charitable Trust | Between March and April |
2. | CLP India Scholarship Scheme | CLP India | Between March and April |
3. | Azim Premji University Undergraduate Scholarship | Azim Premji University | Between February and April |
4. | Ranker Scholar Aptitude Test (RSAT) | Rankers Learning | Between February and March |
5. | Post Matric OBC Scholarship for CA/CMA/CS, Kerala | Backward Classes Development Department, Government of Kerala | Between January and February |
6. | IIM Calcutta Fellow Program | Indian Institute of Management, Calcutta | Between November and January |
7. | IIM Ahmedabad Fellow Programme in Management | Indian Institute of Management, Ahmedabad | Between October and January |
8. | South Indian Bank (SIB) Scholarship Scheme | South Indian Bank Ltd. | Between November and December |
9. | Commerce Ka Arjun Scholarship Program | Vidya Sagar Institute | Between November and December |
10. | ICAI Commerce Wizard | Career Counselling Group (CCG), Institute of Chartered Accountants of India (ICAI) | Between November and December |
11. | Fair and Lovely Foundation Scholarship | Hindustan Unilever Limited | Between October and November |
*The application timeline mentioned above is tentative and may change on the discretion of the scholarship provider.
Scholarships for Commerce Students – Eligibility Conditions
Each scholarship for commerce students comes with a certain set of eligibility conditions that each student has to fulfil. These conditions are generally based on a student’s academic qualifications and financial need. At times, some scholarships are region-specific as well. Get to know the detailed eligibility criteria of all scholarships for commerce students in the table hereunder. You can also find the regions for which these scholarships are applicable.
Detailed Eligibility of Scholarships for Commerce Students
S.No. | Scholarship Name | Region | Eligibility Criteria |
1. | Sarla Devi Scholarship | Haryana, Rajasthan, Uttar Pradesh, Delhi |
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2. | CLP India Scholarship Scheme | Rajasthan, Telangana, Karnataka, Maharashtra, Gujarat, Madhya Pradesh, Tamil Nadu |
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3. | Azim Premji University Undergraduate Scholarship | All India |
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4. | Ranker Scholar Aptitude Test (RSAT) | All India |
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5. | Post Matric OBC Scholarship for CA/CMA/CS, Kerala | Kerala |
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6. | IIM Calcutta Fellow Program | All India |
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7. | IIM Ahmedabad Fellow Programme in Management | All India |
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8. | South Indian Bank (SIB) Scholarship Scheme | Kerala |
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9. | Commerce Ka Arjun Scholarship Program | Rajasthan |
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10. | ICAI Commerce Wizard | All India |
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11. | Fair and Lovely Foundation Scholarship | All India |
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Scholarships for Commerce Students – Application Process
Once the students are aware of the application timeline and the eligibility conditions of scholarships for commerce students, they can proceed further to apply for them as specified. While most of the scholarships invite online applications, there are some scholarships that prefer the offline mode of applications. Know how and where a student can apply for these scholarships in detail in the table given below. If you find yourself eligible for any of these scholarships, do apply for them as specified in the timeline mentioned above.
Application Procedure of Scholarships for Commerce Students
S.No. | Scholarship Name | How to Apply? |
1. | Sarla Devi Scholarship | Apply online through Buddy4Study portal. |
2. | CLP India Scholarship Scheme | Apply online through Buddy4Study portal. |
3. | Azim Premji University Undergraduate Scholarship | Apply online through the official website of Azim Premji University. |
4. | Ranker Scholar Aptitude Test (RSAT) | Apply online through the official website of RSAT. |
5. | Post Matric OBC Scholarship for CA/CMA/CS, Kerala | Apply offline by sending the scholarship application to the below-given address –
Regional Deputy Director Backward Classes Development Department Civil Station Kozhikode – 673020 |
6. | IIM Calcutta Fellow Program | Apply online through the official website of IIM Calcutta. |
7. | IIM Ahmedabad Fellow Programme in Management | Apply online through the official website of IIM Ahmedabad |
8. | South Indian Bank (SIB) Scholarship Scheme | Apply online through the official website of South Indian Bank. |
9. | Commerce Ka Arjun Scholarship Program | Apply online through the official website of Vidya Sagar Institute. |
10. | ICAI Commerce Wizard | Apply online through the official notification of the test. |
11. | Fair and Lovely Foundation Scholarship | Apply online through Buddy4Study portal. |
Scholarship for Commerce Students – Rewards
The amount of financial assistance rendered through scholarships for commerce students varies from scholarship to scholarship. While some of the scholarships offer financial aid in the form of the fee waiver, some offer cash awards to the students. Want to know what each scholarship holds for you? Refer to the table given below. It provides detailed information about rewards covered under each scheme.
Award Details of Scholarships for Commerce Students
S.No. | Scholarship Name | Award Details |
1. | Sarla Devi Scholarship |
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2. | CLP India Scholarship Scheme |
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3. | Azim Premji University Undergraduate Scholarship |
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4. | Ranker Scholar Aptitude Test (RSAT) |
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5. | Post Matric OBC Scholarship for CA/CMA/CS, Kerala |
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6. | IIM Calcutta Fellow Program |
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7. | IIM Ahmedabad Fellow Programme in Management |
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8. | South Indian Bank (SIB) Scholarship Scheme |
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9. | Commerce Ka Arjun Scholarship Program |
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10. | ICAI Commerce Wizard |
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11. | Fair and Lovely Foundation Scholarship |
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