Bright Students Get New Scholarships: IDFC FIRST Bank & Swami Dayanand India Scholarship
Education is one of the biggest strengths for any student in India. Every year, lakhs of students dream of becoming engineers or doctors. But one major problem always comes in the way – high fees. Engineering and medical studies are very expensive, and many talented students drop their dreams only because of money.
To solve this problem, different banks and foundations introduce scholarship programs. These scholarships are not just about money; they give hope and support to bright students who want to achieve something big. Recently, two important scholarships have been announced – IDFC FIRST Bank Engineering Scholarship and Swami Dayanand India Scholarship. Both are designed for hardworking students who have talent but lack financial resources.
Let us understand them in detail.
IDFC FIRST Bank Engineering Scholarship
This scholarship is specially made for engineering students. It helps students who are enrolled in the first year of B.Tech or B.E. and come from families with limited income.
Eligibility
The student must be an Indian citizen.
He or she should be in the first year of B.Tech/B.E. course in a recognized college.
The annual family income should not be more than ₹6 lakh.
The student should not be receiving any other scholarship or tuition fee waiver.
Rewards
The scholarship gives ₹1,00,000 per year or the actual annual college fee (whichever is lower).
It can be continued for up to four years.
Purpose
The purpose of this scholarship is simple – no talented student should leave engineering just because of money problems. By providing financial help, IDFC FIRST Bank wants students to focus on studies and perform their best without financial stress.
Swami Dayanand India Scholarship
This scholarship is open for both engineering and medical aspirants. It supports bright students who have scored well in Class 12 and cleared competitive exams like JEE or NEET.
Eligibility
The student must have scored minimum 80% in Class 12.
He or she should have cleared JEE or NEET in the same year.
The annual family income should not exceed ₹12 lakh.
Rewards
Eligible students can get up to ₹50,000 scholarship.
Purpose
The aim of this scholarship is to encourage students who are ready to enter top professional courses but are worried about high costs. Many students from middle-class and lower-income families dream of becoming doctors and engineers, and this scheme gives them strong support.
Why Scholarships Are So Important in India?
In India, education is becoming more costly every year. Government colleges have fewer seats, while private colleges charge very high fees. Because of this, many capable students stop their studies midway.
Scholarships are important because they:
Reduce financial burden – Families can support education without heavy loans.
Help students focus – Students can concentrate on studies without worrying about fees.
Provide equal opportunities – Both rich and poor students get a fair chance to succeed.
Help the nation – When talented students complete higher education, they contribute to the country’s growth.
Comparing Both Scholarships
| Feature | IDFC FIRST Bank Scholarship | Swami Dayanand Scholarship |
|---|---|---|
| Target Students | First-year engineering students | Class 12 passed students who cleared JEE/NEET |
| Income Limit | ₹6 lakh per year | ₹12 lakh per year |
| Reward | ₹1 lakh per year or actual fees (up to 4 years) | Up to ₹50,000 |
| Special Condition | No other scholarship or fee waiver | 80% marks in Class 12 required |
This comparison shows that IDFC FIRST Bank focuses only on engineering students, while Swami Dayanand covers both engineering and medical aspirants. Both are equally valuable in their own way.
How to Apply
Both scholarships have an online application process. Students should keep ready documents like:
Aadhaar card or identity proof
Class 12 mark sheet
Admission proof (college ID or admission letter)
Family income certificate
Passport-size photographs
The process is simple, but students must fill correct details because false information can cancel the application.
Deadline
The last date for both scholarships is 30th September. Students must apply before this date. If they delay, they will lose the chance for financial support.
Real Impact on Students
Such scholarships change lives. For a student from a small town or village, one lakh rupees every year is a huge relief. It not only covers fees but also builds confidence that their hard work is being recognised. Similarly, ₹50,000 from Swami Dayanand Scholarship can reduce coaching or college costs for medical and engineering aspirants.
These scholarships are more than just money – they are motivation, recognition, and hope. They send a message that if you work hard, society will support you.
