A Comprehensive Guide to Scholarships for Graduate Students in India!

The combination of escalating tuition fees and the economic slowdown post-COVID-19 pandemic has presented financial hurdles to the aspirations of talented students and their families. In order to find a solution, both the government and numerous private entities have instituted scholarships for Indian citizens pursuing undergraduate and postgraduate education, both within India and overseas. 

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Offer and support through scholarships to talented students bring hope and facilitate several benefits including access to improved opportunities for admission to esteemed universities, sustained academic motivation leading to improved job prospects.

Therefore, to help bright students take full advantage of these opportunities, Buddy4Study presents a wonderful list of top 5 graduate scholarships targeted at Indian nationals.

Detailed Lists of Scholarships for Graduate Students

Raman Kant Munjal Scholarships 2023

The Raman Kant Munjal Scholarships 2023 is an initiative of the Raman Kant Munjal Foundation. It is supported by Hero FinCorp with an aim to help students pursuing finance-related courses in getting admissions to prestigious colleges. This scholarship empowers students in their 1st year of programs like BBA, BFIA, B.Com., BMS, IPM, BA Economics, BBS, BBI, BAF, B.Sc. Statistics, or other finance-related degrees. It offers financial aid of up to INR 5,00,000 annually for 3 years to fulfill their academic aspirations.

Eligibility Criteria:

  • Students currently studying in the 1st-year of Bachelor of Business Administration (BBA), Bachelor of Financial Investment and Analysis (BFIA), and Bachelor of Commerce (Honors) in E-Commerce B.Com. (H, E), Bachelor of Management Studies (BMS), Integrated Program in Management (IPM), B.A. (Economics), Bachelor in Business Studies (BBS), Bachelor in Banking and Insurance (BBI), Bachelor in Accounting and Finance (BAF), B.Sc. (Statistics), and other finance-related courses are eligible to apply.
  • The applicants must have secured a minimum of 80% marks in their Class 10 and 12 examinations.
  • The scholarship is open to Indian nationals with an annual family income of less than INR 4 lakh.

Note – Children of contract employees of Hero FinCorp, Raman Kant Munjal Foundation, and Buddy4Study are not eligible to apply for the scholarship.

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Award Details:

Selected scholars will receive financial aid ranging from INR 40,000 to INR 5 lakh per year for a period of 3 years for completing their education.

Note: The specific scholarship amount will be determined on the basis of accepted college fee.

Application Process: Interested candidates can apply for the Raman Kant Munjal Scholarships 2023 at the official website of Buddy4Study.

Last Date to Apply: 15th September 2023

Legrand Empowering Scholarship Program 2023-24

Legrand Empowering Scholarship Program is a part of the CSR initiative of Legrand. It aims to provide financial support to meritorious girl students, differently-abled girl students and transgender students to help them pursue their higher education. Under this program, deserving female students who have chosen to pursue B.Tech, BE, B.Arch, B.Sc, B.Com, BBA, including other finance or science graduation courses will receive 60% of the annual course fee up to INR 60,000 per year. Students in the *special category* will receive 80% of the annual course fee up to INR 1,00,000 per year till the completion of their course based on their academic performances. 

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*special category: Differently-abled students/transgender students/students with single parents/students who lost their parents due to COVID-19.

Eligibility Criteria:

  • Indian female students are eligible to apply.
  • Candidates must have secured admission in B.Tech/BE/B.Arch./BBA/B.Com/B.Sc. (Math and Science) degrees in India.
  • Applicants must have passed the Class 12 examination in 2022-2023.
  • Applicants must have scored a minimum of 70% marks in Class 10 and 12 examinations. 
  • The applicant’s annual family income should not exceed INR 5 lakh.

Award Details:

  • Under this program, female students will receive 60% of the annual course fees up to INR 60,000 per year or the applicable limit based on their academic performance.
  • Special category students will receive 80% of the annual course fees up to INR 1 lakh per year or the applicable limit based on their academic performance until the completion of the course.
  • Students from the special category may have access to job opportunities upon completing their undergraduate programme.

Application Process: Interested candidates can apply for the Legrand Empowering Scholarship Program on the official website of Buddy4Study.

Last Date to Apply: 31st August 2023

HDFC Bank Parivartan’s ECSS Programme for Undergraduate Courses (Merit-cum-Need Based) 2023-24

HDFC Bank Parivartan’s Educational Crisis Scholarship Support (ECSS) Programme is an initiative of the HDFC Bank. The scholarship program aims to support meritorious and needy students from underprivileged sections of society. This scholarship programme is meant for those pursuing general and professional undergraduate programmes. Under the ECSS programme, the students who are unable to bear the cost of education due to personal or family crises or any other financial problems and are at a risk of dropping out are provided with monetary assistance of up to INR 75,000 for their studies.

Eligibility Criteria:

  • The scholarship is open to Indian nationals only.
  • Applicants must be pursuing general graduation courses such as B.Com, B.Sc., BA, BCA, and professional courses including B.Tech, MBBS, LLB, B. Arch, and Nursing etc. in recognized colleges or universities in India.
  • Applicants should have passed the previous qualifying examination with a minimum of 55% marks.
  • Applicant’s annual family income must be less than or equal to INR 2.5 Lakh.
  • Preference will be given to applicants facing personal or family crises that have occurred during the past three years.

Award Details:

The scholarship amount for general undergraduate courses is INR 30,000 and for professional undergraduate courses is INR 50,000.

Application Process: Interested candidates can apply for the scholarship at the official website of Buddy4Study.

Last Date to Apply: 30th September 2023

Rolls-Royce Unnati Scholarship for Women Engineering Students 2023

Rolls-Royce Unnati Scholarship for Women Engineering Students 2023 is an initiative of the Rolls-Royce India Pvt. Ltd. It intends to support meritorious female students pursuing their undergraduate engineering degrees. With a mission to encourage women studying in 1st, 2nd or 3rd year of undergraduate engineering programmes as a part of the Science, Technology, Engineering and Mathematics (STEM) courses, Rolls-Royce provides financial support to complete the engineering programme over the next 3 years. The scholarship offers financial aid and mentorship from Rolls-Royce professionals to eligible applicants studying at AICTE-recognized institutions in India.

Eligibility Criteria:

  • Students studying in the 1st/2nd/3rd year of the engineering degree program (Aerospace, Marine, Electronics, Computers, etc.) at AICTE-recognized institutions are eligible to apply.
  • Applicants must have secured more than 60% marks in their Class 10 and 12 board exams.
  • The annual family income of the applicants must not exceed INR 4 lakh per annum.

Note – 

  • The scholarship is open to students all across India.
  • Female scholars who have previously received the ‘Rolls-Royce Unnati Scholarship for Women Engineering Students’ in 2022 and are currently pursuing their 4th year of the engineering degree program are also eligible to apply.
  • Preference will be given to individuals belonging to special categories, including those with physical disabilities, single parents, and orphans.

Award Details: 

  • Selected students will receive a one-time grant of INR 35,000.
  • Students will also receive one-to-one and one-to-many mentorship sessions from industry experts at Rolls-Royce India.
  • Webinars and workshops will include the following topics:
    • Importance of time management
    • Dealing with stress
    • Developing a growth mindset & habits
    • Staying motivated
    • Positive psychology
    • Skill enhancement
    • Personality development

Application Process: Interested candidates can apply for the Rolls-Royce Unnati Scholarship for Women Engineering Students 2023 at the official website of Buddy4Study.

Last Date to Apply: 31st August 2023

Nirankari Rajmata Scholarship Scheme 2023-24

Sant Nirankari Charitable Foundation launched the NIRANKARI RAJMATA SCHOLARSHIP SCHEME to provide financial assistance to meritorious students to pursue professional and technical courses for graduation or post graduation levels in order to help them excel in their life. The scholarship also supports students who excel in sports and cultural activities at State/National level. This scholarship scheme is open to all the students, who fulfill the eligibility criteria and wish to pursue higher study in India only. 50% of the scholarship amount is reserved for girls. However, this amount can be used for other students, if eligible girl students are lesser than the reserved level. 

Eligibility Criteria:

  • Candidates must be a regular student enrolled in a central/state government-recognized institution or university.
  • Candidates must have secured admission to an institute or university through a competitive written test.
  • The applicant must have the offer of admission in hand in any of the following disciplines in the Institutions/Colleges recognized by the State/Central Government and have secured not less than 90% marks in Class XII examination:
    • Graduate degree in any discipline of Engineering
    • Graduate degree in Medicine (Allopathic/Ayurvedic/Homeopathic)
    • MBA/PGDM
    • Architecture
    • Chartered Accountancy after securing a minimum of 90% marks in class XII and qualifying CPT conducted by Institutions of Chartered Accountants of India.
    • Chartered Financial Analyst (CFA) after securing a minimum of 90% marks in Class XII and qualifying Foundation Test 
    • LLB after securing a minimum of 90% marks in Class XII and passing Entrance Test for LLB or after qualifying Degree Exams
    • Journalism and Mass Communication
  • The total annual income of the family of applicants should not be more than INR 3.5 lakh from all sources.
Note: Students need to secure a minimum of 75% marks every year to renew the scholarship.

Award Details: Selected applicants will be granted a complete tuition fee waiver of up to INR 75,000 per year per student.

Last Date to Apply: 30th November 2023

Application Process: Interested candidates can apply for the scholarship at the official website of Buddy4Study.

Scholarships for Graduate Students – Other Opportunities

Scholarships Application Link
Chulabhorn Graduate Institute (CGI) Post-Graduate Scholarship Program 2023-24 Application Link
ACT Fellowship Program for Graduate Students 2023 Application Link
INSPIRE Fellowship 2022-23 Application Link
Aspire Scholarship Program 2023-24 Application Link
Sanskriti – Geddes Scholarship Application Link

Scholarships for Graduate Students – FAQs

Is Aadhaar card mandatory to apply for the Raman Kant Munjal Scholarships 2023?

Aadhaar card is considered to be one of the mandatory documents to apply for the Raman Kant Munjal Scholarships 2023.

How will the scholarship funds be distributed under HDFC Bank Parivartan’s ECSS Scholarship?

The scholarship funds will be directly transferred to the bank accounts of selected scholars.

What is the contact number of the Legrand Empowering Scholarship Program 2023-24?

In case of any queries, applicants can call (+91)-11-430-92248 (Ext:127) (Monday to Friday – 10 AM to 6 PM). They can also write to us on the email id legrand@buddy4study.com.

What is the scholarship amount offered by the Sanskriti-Geddes Scholarship?

Selected applicants shall be granted a scholarship amount up to INR 45,000 for 6-month duration program. This shall be disbursed in two phases. The initial installment will be made available at the beginning of the scholarship, and the subsequent installment will be issued upon submission of the comprehensive project report.

Is the Legrand Empowering Scholarship open to undergraduate students?

Yes, the scholarship is open to undergraduate students. Students pursuing courses in engineering and architecture, B.Com, B.Sc. (Science/Math), and BBA etc. are eligible to apply for this scholarship.


  1. Source of Information: Buddy4Study app compiles details on scholarships/fellowships from government websites and private scholarship sources. Links to the official sources accompany each listing detail pages.
  2. Non-affiliation: The Buddy4Study app is not associated with any government entity in India or elsewhere. When featuring government scholarships, we rely on publicly accessible information from central and state government websites in India.

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