FAEA Scholarships 2024-25: Aims and Objectives
The Foundation for Academic Excellence and Access (FAEA) is devoted to the idea of education and works towards it with the following aims and objectives:
- Empowerment through excellence: The FAEA aims to attain transformation by providing individuals with the tools and opportunities necessary to achieve their full potential.
- Equality of opportunities: The scholarships offered by the FAEA play an important role in removing financial hurdles that frequently prevent exceptional students from pursuing higher education. It allows scholars to focus on their education, participate in extracurricular activities, and acquire vital skills without worrying about financial obligations. This boosts their confidence and motivates them to flourish academically and personally.
- Skill development: It provides beneficiaries with access to various workshops and mentorship programmes that enhance essential skills like leadership, communication and leadership. In addition, there are opportunities for peer learning that promote the exchange of ideas and experiences, enriching their educational journey.
- Promoting educational attainment: The FAEA scholarships addresses educational deprivation by providing scholarships to the economically and socially backward classes thereby promoting educational attainment. In its attempt to confront the systemic inequalities in the path of education, it specifically targets marginalised groups such as Scheduled Castes (SC), Scheduled Tribes (ST), Other Backward Classes (OBC), and those living below the threshold BPL (Below Poverty Line) level.
FAEA Scholarships 2024-25: Who Can Apply?
The key eligibility criteria that a student needs to fulfil to apply for scholarships offered by the FAEA are as follows:
- Applicants should have passed Class 12 from a recognised board or should be pursuing undergraduate in the first year in India.
- Applicants should belong to SC/ST/OBC/BPL/EWS categories.
- 10 out of a total of 60 scholarships are allocated for Garg Snehmayi Scholarships which is specifically for girls of Punjab to pursue their studies in the best institutions of India.
- There are some Merit-cum-Means based financial grants meant for the students from the General category, especially those who have obtained above 90% marks in their Higher Secondary Exam and/or have been able to get admission in the first-rate Institutions of Excellence like IITs, NITs, AIIMS, NIFT etc.
(Note: Students whose Class 12th results are not yet declared can apply for it only after it is officially released.)
FAEA Scholarships 2024-25: Rewards and Benefits
The FAEA scholarships take into account the relevant expenditures of scholars and pay tuition fees and other allowances for students admitted to institutions. These allowances include the following:
| Allowance | Amount (₹) |
| Tuition fee | Applicable as per fee certificate |
| Hostel and Mess Allowance | Applicable as per hostel and mess charges |
| Maintenance Allowance (only for students not staying in college hostel) | ₹1800 per annum |
| Miscellaneous Allowance (only for students entitled for hostel and mess charges) | ₹3000 per annum |
| Book Allowance | Up to ₹2000 per annum |
| Clothing Allowance | ₹1000 per annum |
| Travel Allowance | ₹1000 per annum |
Tuition Fee: FAEA pays only for the free seats available in the colleges/institutions. In order to avail this, the candidates must submit the fee certificate duly signed and attested by the Principal/Dean/Director of the college/institute in which they have sought admission.
Book Allowance: A scholar can avail a book allowance of up to ₹2000 per annum which is released at the beginning of the academic year by a demand draft.
Clothing Allowance: Under this, each FAEA scholar is entitled to ₹1000 annually, which is disbursed at the start of the academic year via a demand draft.
Travel Allowance: This also includes a sum of ₹1000 per annum, which is disbursed with the help of a demand draft at the beginning of the academic year. Additionally, scholars who have to travel to different cities for their education may make a separate request for the same.
Miscellaneous Allowance: This allowance of ₹3000 per annum is only for candidates who are entitled to hostel and mess charges.
For more details refer to the FAEA student manual.
FAEA Scholarships 2024-25: Application Process
The application procedure of the FAEA scholarship is outlined hereafter.
- To apply for this scholarship, interested applicants need to visit the official website of FAEA. and click on ‘Click here to Fill Online Application Form for FAEA Scholarship 2024-25’.
- This will redirect you to the page for online application for FAEA 2024-25 scholarship. To register, click on the available option ‘Fresh Candidate (CLICK HERE) to Register’ if not registered already.
Fill in the required details to go ahead with the application procedure.
Note:
- After having successfully filled the online application form, you will receive a 9 digit auto-generated “Confirmation Code” for future correspondence with FAEA.
- Document submission is not required at the application stage.
FAEA Scholarships 2024-25: Required Documentation
- Copy of grant letter signed by the scholar
- Class 10th and 12th marksheet attested by the Principal of college/school
- Attested photocopy of BPL Card/BPL Certificate/Ration Card/Household Card etc. preferably in english language
- Attested photocopy of latest Income Certificate, issued by the authorized Govt. agency/department preferably in english language
- Attested photocopy of Caste Certificate (As applicable for SC,ST or OBCs) issued by the authorized Govt. agency/department preferably in english language
- 2 passport size photographs (with confirmation code and name written at the back of the photo)
- Bank details of the candidate
- Self attested copy of Aadhar Card/College Id Proof/Voter Id/Any Other Photo Id Proof.
Last but not the least, the Foundation for Academic Excellence and Access (FAEA) envisions a higher education system rooted in equality, opportunity, and innovation. By prioritising access to disadvantaged and marginalised groups, FAEA aims to ensure that no talented individual is denied education due to financial constraints. Emphasising quality, productivity, and the integration of theoretical and practical knowledge, the Foundation supports initiatives to revamp undergraduate education and strengthen the link between knowledge and economic development. Fostering global linkages and providing information on international opportunities are central to its mission, along with mobilisation of resources to create an inclusive and empowering academic environment. With these comprehensive efforts, FAEA aspires to shape a future where education becomes a transformative force for individuals and society alike.
FAQs on FAEA Scholarships 2024-25
What does FAEA stand for?
The acronym FAEA stands for Foundation for Academic Excellence and Access – a foundation that works towards social justice through education by financially supporting students from the socially and economically marginalised sections in the pursuit of educational excellence.
What becomes important after having applied for the FAEA Scholarship?
After having applied for the FAEA scholarship, it is very important to take a note of the 9 digit confirmation code required for future correspondence with FAEA. Remember, you do not need to upload or send any documents at the time of application. If you are shortlisted in the preliminary round of selection you will be advised to appear for an interview along with the original documents.
Who is eligible for the FAEA Scholarship?
Students from the socially and economically backward background who have passed Class 12 from a recognised board in India or are pursuing their studies in the first year of their undergraduation are eligible for this scholarship. Those students who have already appeared for Class 12 examination and awaiting their results can apply for it only after it is officially released.
Can a student from the General category apply for the FAEA Scholarship?
The FAEA scholarship mainly focuses on the students hailing from the SC/ST/OBC/BPL/EWS categories. However, there are some need-cum-merit based financial grants meant for the students from the General category especially those who have secured more than 90% marks in their Higher Secondary Exam and/or have been able to get admission in the first-rate Institutions of Excellence.
What benefits does the FAEA scholarship offer?
The selected scholars under this scholarship receive benefits in the form of tuition fee, hostel and mess charges. In addition, they receive a yearly allowance for travel, clothes, maintenance, and books.
Is the FAEA scholarship renewable?
Yes, the FAEA Scholarship is renewable. However, renewal is based on meeting the specified conditions set by the Foundation. Scholars must submit their academic records, a letter of recommendation from their college principal, and a confirmation that they are not receiving any other scholarships. The renewal process ultimately rests on the nod of FAEA on the basis of the scholar’s performance and compliance with these standards.
Under what circumstances can this scholarship be discontinued?
The FAEA scholarship can be discontinued under the following conditions:
- If candidates fail to maintain satisfactory academic progress.
- If they experience a physical or mental illness that prevents them from continuing their program of study or present false declarations.
Can FAEA scholars pursue their studies outside India?
No, FAEA is a scholarship programme that funds the education of only those students who pursue their undergraduate studies in India.
What is the process for renewing the FAEA scholarship after having completed an academic year?
To renew the FAEA scholarship, the scholar must meet the following conditions and submit the required documents:
- An attested mark sheet of the academic year, certified by the college principal.
- A recommendation letter from the college principal, confirming satisfactory academic performance.
- Details of the scholar’s percentage of marks as per the required format.
- A scholarship declaration letter stating that the scholar is not receiving any other scholarship as per the required format.
- An annual expenditure certificate/fee certificate detailing the expenses for the next academic year, duly attested by the college principal as per the required format.
- If applicable, an annual hostel and mess certificate attested by the college principal as per the required format.
Can an FAEA scholar enroll in a diploma course?
No, FAEA does not fund diploma courses. The scholarship is applicable only for courses that lead to a degree.
Does FAEA allow scholars to defer their scholarship for a year to prepare for entrance exams?
Yes, FAEA scholars can defer their scholarship for one year under the following circumstances:
- To prepare for competitive exams such as MBBS or Engineering.
- In case of serious illness or an accident.
- The deferment request must be forwarded by the college principal and is permitted only once during the scholarship tenure. Scholars must submit a written application to FAEA, explaining the reasons for deferment, which will be evaluated on a case-by-case basis.