AP Ambedkar Overseas Vidya Nidhi Scholarship: Features, Eligibility, Apply Online

AP Ambedkar Overseas Vidya Nidhi Scholarship
Home » Scholarships » AP Ambedkar Overseas Vidya Nidhi Scholarship: Features, Eligibility, Apply Online

AP Ambedkar Vidya Nidhi Scholarship is provided to students who want to pursue higher education abroad. The scholarship is exclusively for the student who belongs to the state of Andhra Pradesh. The Ambedkar Vidya Nidhi Scholarship was launched by the Government of Andhra Pradesh and is monitored by the state’s welfare department. The main aim of this scholarship is to provide financial assistance to the students of Andhra Pradesh belonging to the reserved category. In this blog, we will discuss all the details of the Ambedkar Vidya Nidhi Scholarship regarding eligibility, benefits, and the application process.

Category Details 
Name of the ScholarshipAmbedkar Overseas Vidya Nidhi – Financial Assistance for SC students pursuing Higher studies in Foreign Universities
Launched ByGovt. of Andhra Pradesh
AimTo Sponsor SC students to pursue medical, Engineering, Ph.D. courses etc in international universities in 15 countries.
Amount of ScholarshipINR 10 lakhs 

Major Features of Ambedkar Overseas Vidya Nidhi Scholarship

Ambedkar Overseas Vidya Nidhi Scholarship was launched by the Government of Andhra Pradesh to provide financial help to students who belong to scheduled castes and want to study abroad. Under the scheme, you can get an amount of INR 10 lakh on a semester basis. This study abroad scholarship amount can also be used as a margin while taking an education loan. Check some of the major features of the Vidya Nidhi Scholarship.

  • The selected students will get the scholarship amount in two instalments
  • Amount of INR 5 lakh on the production of the immigration card and the remaining amount after the production of the first-semester result.
  • Students can also avail of an education loan of INR 5 lakh from a nationalised bank with the coordination of A.P.State Co-Operative Finance Corporation at low rates of interest.
  • On producing all the valid documents the student will also get a one-way passage grant (economy class) and a total visa fee. 
  • The selection will be made as per the order of merit i.e. students who got a minimum percentage of marks in the qualifying examinations, till the target of 300 students per year is achieved.

Did you know about the NTR Videshi Scheme by the Government of Andhra Pradesh? Check out this blog on the AP NTR Videshi Vidyadharana Scheme

AP Ambedkar Overseas Vidya Nidhi Scholarship Eligibility Criteria

Students belonging to the SC Community in Andhra Pradesh can apply for Vidya Nidhi Scholarship to study abroad. You need to produce supporting documents related to your admission, fee breakup, caste etc. Check some of the major eligibility criteria prescribed for the AP Ambedkar Vidya Nidhi Scholarship:

  • Any student whose parental income is less than Rs.6.00 lakhs can apply for the scholarship.
  • Only one child from a family is eligible for a scholarship under this scheme.
  • The students can pursue courses like MBBS, PG Diploma(1 year / 1/2 years), Certified Public Accountant (CPA) Certified Portfolio Manager (CPM).
  • Admission must have been confirmed and the university acceptance letter shall be received.

Need an Education Loan to Study Abroad Quickly? Check out this blog on KBL Vidyanidhi Quick Education Loan

How to Apply Online for the Ambedkar Overseas Vidya Nidhi Scholarship?

You can apply online for the AP Ambedkar Overseas Vidya Nidhi Portal on the official website of Andhra Pradesh e-pass. Always fill in the application form carefully and make sure that the documents uploaded are clearly visible. Check the steps involved in applying online:

  • Visit the official website of e-pass
  • Check the scholarship offered and click on ‘Ambedkar Overseas Vidya Nidhi – Financial Assistance for SC students for pursuing Higher studies in Foreign Universities”
  • Fill and submit the application form online and upload the supporting documents.
  • Pay the application fee and download the payment receipt.
  • You will receive the mail once you are selected and document verification is completed.

AP Ambedkar Vidya Nidhi Scholarship is a remarkable initiative by the Government of Andhra Pradesh aimed at empowering SC students by providing them with the financial resources to pursue higher education abroad. With its extensive benefits, including financial aid, travel assistance, and low-interest education loans, this scholarship opens doors to global opportunities for deserving students.

FAQs

What is the AP Ambedkar Vidya Nidhi Scholarship?

The AP Ambedkar Vidya Nidhi Scholarship is a government initiative by Andhra Pradesh to provide financial assistance of up to INR 10 lakh for SC students pursuing higher education abroad in fields like medicine, engineering, and PhD programs.

Who is eligible for the AP Ambedkar Vidya Nidhi Scholarship?

Students belonging to the SC community in Andhra Pradesh with a parental income of less than INR 6 lakh annually are eligible. Only one child per family can apply.

What courses are covered under the scholarship?

Courses such as MBBS, postgraduate diplomas, Certified Public Accountant (CPA), Certified Portfolio Manager (CPM), and other recognized programs are covered under the scholarship.

What is the scholarship amount, and how is it disbursed?

The scholarship provides INR 10 lakh in two instalments: INR 5 lakh after producing the immigration card and INR 5 lakh after submitting the first-semester results.

Is there any additional financial support provided?

Yes, students can get an education loan of INR 5 lakh from a nationalized bank at low interest rates, along with a one-way economy class passage grant and visa fee reimbursement.

How are students selected for the scholarship?

Selection is based on merit, with priority given to students who achieve a minimum percentage of marks in qualifying exams. A maximum of 300 students are selected annually.

Can the scholarship be used as a margin for an education loan?

Yes, the scholarship amount can be utilized as a margin while applying for an education loan.

How can one apply for the AP Ambedkar Vidya Nidhi Scholarship?

Eligible students can apply online through the Andhra Pradesh e-pass portal by filling out the application form, uploading the necessary documents, and paying the application fee.

What documents are required for the application?

Documents such as the university acceptance letter, fee breakup, caste certificate, parental income certificate, and valid identification are required for the application.

What happens after submitting the application?

Once the application is verified and approved, students will receive a confirmation email regarding their selection and further steps for document verification and fund disbursement.

To know more about education loans, the best bank accounts for students, forex and banking experience for global students or international money transfers, reach out to our experts at 1800572126 to help ease your study abroad experience.

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About Shekhar Suman

Shekhar is a versatile writer with a passion for sharing knowledge and creativity. With expertise in crafting informative blogs on study abroad and finance, Shekhar helps readers navigate the complexities of education and financial planning. Most of his writings blend the practicality of finance and the beauty of language, making a meaningful impact in both spheres. Beyond his professional pursuits, he finds solace in the writing Shayari.

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