Federal Bank invited applications for Federal Bank Hormis Memorial Foundation Scholarships for the academic year 2023-24. The scholarship is a project under the CSR initiatives of the Bank and is dedicated to the memory of the Bank’s Founder, Late Shri K P Hormis. Students belonging to the states of Kerala, Tamil Nadu, Karnataka, Maharashtra, Gujarat and Punjab are eligible to apply for the scholarship.
Courses eligible for the scholarship are MBBS, Engineering, BSc Nursing, MBA and BSc Agriculture including BSc (Hons) Co-operation & Banking with Agriculture Sciences conducted by Agriculture Universities. The annual family income of the applicant should be below ₹ 3,00,000/-. Children of armed forces personnel who gave up their life for the nation will be considered under a separate channel and the family income stipulation is not applicable to students falling under this category. Students applying for the scholarship should have secured admission for first year under merit in Government/ Aided/ Government Recognised Self-financing/ Autonomous colleges during the Academic year 2023-24
One seat in each discipline will be kept aside for physically challenged students, and additionally, will include a category for Speech/ Hearing/ Vision impaired students, which shall be duly evidenced by a certificate issued by a Medical Officer not below the rank of DMO or an approved Medical Officer of the Bank. If applications are not received under physically challenged category, it will be utilized under general category.
Selected students will be reimbursed 100% of tuition fees and other educational expenses paid as per the fee structure of the college, subject to a maximum of Rs.1 Lakh per year. Last date for online application: 17.12.2023
For more details, please visit