ICAI Announcement | Dated 20-08-2019 | Scholarship for CA Students | Summary and Q&A

TL;DR

IC i-- has released an announcement about scholarships for CA students, offering different categories of scholarships based on merit, need, and weaker sections.

Key Insights

• 🧑‍🎓 IC i-- has announced scholarships for CA students, providing financial support to meritorious and needy students.
• ⚾ The scholarships are categorized based on merit, need, and weaker sections, offering different stipends.
• 😜 Eligible students are automatically considered for scholarships, while rank holders have additional benefits.
• 🧑‍🎓 Students belonging to physically handicapped, SC/ST, and OBC categories receive additional scholarship amounts.
• 🧑‍🎓 The scholarships aim to support students in their studies and articleship, and the application process is simplified.
• ❓ The corpus for the scholarships is created through endowment funds and individual donor contributions.
• ❓ The scholarships are disbursed through various charitable trusts and foundations.

Transcript

Read and summarize the transcript of this video on Glasp Reader (beta).

Questions & Answers

Q: What is the purpose of the IC i-- scholarships for CA students?

The purpose of these scholarships is to provide financial support to CA students and help them in their studies and articleship.

Q: How many categories of scholarships are available?

There are three categories of scholarships - merit basis, merit-cum-need basis, and need basis for weaker sections.

Q: How much is the monthly stipend for each category of scholarship?

The monthly stipend for the merit basis scholarship is Rs. 2000, for merit-cum-need basis scholarship is Rs. 1500, and for need basis scholarships for weaker sections is Rs. 1250.

Q: What are the eligibility criteria for these scholarships?

The eligibility criteria include rank in exams, total income of parents, and belonging to specific categories such as physically handicapped, SC/ST, and OBC.

Summary & Key Takeaways

• IC i-- has announced scholarships for CA students, providing financial support through various categories of scholarships.

• The scholarships are based on merit, need, and weaker sections, offering monthly stipends ranging from Rs. 1500 to Rs. 2000.

• Eligibility criteria include rank in exams, total income of parents, and belonging to specific categories.