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Scheme for Financial Assistance for Skill and Entrepreneurial Development 2022

Awarded by National Handicapped Finance and Development

Scholarship Details

Eligible Degrees

High/Secondary SchoolBachelorsMastersPhDPost DocDiplomaTraining & Short courses

Funding Type

Partial Funding · 100% cost of the training program + Rs 2000 stipend

Eligible Courses

Skill Training

Eligible Nationalities

Open to Indian Nationals

Can Be Taken At

India

Provider

National Handicapped Finance and Development

Last Verified On

04 Jul 2024 by WeMakeScholars Scholarship Team

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Overview

Procedure for Obtaining Financial Assistance -

  • The training proposal is to be submitted to National Handicapped Finance and Development Corporation by the State Channelising Agency/Bank implementing NHFDC schemes; wherever, such agencies sponsor the training.
  • Reputed National/State level training organizations may also directly approach NHFDC with their training proposal.
  • The training proposal is to be prepared in accordance with the guidelines for the preparation of a training proposal under the scheme. 

Eligibility -

The beneficiaries should be in the age group of 15-50 years and fulfill the other eligibility criteria for availing loan from NHFDC. 

Amount of Grant -

i) 100% of the total recurring cost of the training programme is provided by NHFDC.

ii) Stipend - The recurring training cost shall include a stipend of Rs. 500/- per week per trainee i.e Rs 2000/- per month to the trainee to cover the cost of transportation and other incidental expenses. The training institute/SCA shall release the stipend in favour of the trainee through A/c payee cheque only. 

Source : National Handicapped Finance and Development
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SIMPLE 5 STEP PROCESS

How to Apply

1

Check Eligibility

Confirm that you meet the scholarship requirements

2

Prepare Documents

Gather all required documents for your application

3

Submit Application

Apply through the official scholarship application process

4

Application Review

The scholarship provider evaluates eligible applications

5

Scholarship Decision

Selected applicants are informed about the final results

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Documents Needed

  • Academic Transcripts (Usually required)

  • Income Certificate (For need-based scholarships)

  • Identity Proof (Usually required)

  • Admission / Offer Letter (For select scholarships)

  • Statement of Purpose (If applicable)

  • Language Test Scores (If applicable)

  • Recommendation Letters (If applicable)

  • Other Supporting Documents (As specified by the scholarship provider)

Note: The exact document requirements vary by scholarship. Always refer to the official application guidelines

FAQs

  • Yes, you can secure an education loan to study abroad at National Handicapped Finance and Development . Education loans are of two types — Collateral and non-collateral. Collateral includes either: Immovable property – a house or a flat or land (or) liquid security – an FD, or LIC or shares or bonds. Agricultural lands are not accepted by any bank for education loan.

    Public banks like SBI, BOB offer these types of education loans. There are many NBFCs who offer Non-collateral education loans. Apply for the best education loan to study abroad.
  • The deadline of Scheme for Financial Assistance for Skill and Entrepreneurial Development 2022 is Expired.
  • Scheme for Financial Assistance for Skill and Entrepreneurial Development 2022 is offered to High/Secondary School, Bachelors, Masters, PhD, Post Doc, Diploma, Training & Short courses degree.
  • Scheme for Financial Assistance for Skill and Entrepreneurial Development 2022 is offered for Skill Training.
  • Scheme for Financial Assistance for Skill and Entrepreneurial Development 2022 is open for: Open to Indian Nationals.
  • Scheme for Financial Assistance for Skill and Entrepreneurial Development 2022 is offered by National Handicapped Finance and Development .
  • Scheme for Financial Assistance for Skill and Entrepreneurial Development 2022 covers Partial Funding, 100% cost of the training program + Rs 2000 stipend.