Lok Sabha Question No. 1361 (UNSTARRED), answered on 2020-02-10
Subject: Financial Assistance to Meritorious Students
Ministry: HUMAN RESOURCE DEVELOPMENT
Asked by: Dr. T. Sumathy (a) Thamizhachi Thangapandian

## GOVERNMENT OF INDIA MINISTRY OF HUMAN RESOURCE DEVELOPMENT DEPARTMENT OF HIGHER EDUCATION

LOK SABHA UNSTARRED QUESTION No. 1361 TO BE ANSWERED ON 10 th  February, 2020

Financial Assistance to Meritorious Students

## 1361. DR. T. SUMATHY (a) THAMIZHACHI THANGAPANDIAN:

## Will the Minister of HUMAN RESOURCE DEVELOPMENT be pleased to state:

- (a) whether the Government of India provides financial assistance to meritorious students of weaker sections to pursue post-graduation courses in B-schools;
- (b)  if  so,  the  details  thereof  along  with  the  quantum  of  financial  assistance  disbursed during the last three years including the current year, in Chennai, Tamil Nadu; and

(c) if not, the reasons thereof?

## ANSWER

## MINISTER OF HUMAN RESOURCE DEVELOPMENT (Shri Ramesh Pokhriyal 'Nishank')

(a) to (c): Yes. The Department of Higher Education, University Grants Commission, Ministry  of  Minority  Affairs  and  Ministry  of  Social  Justice  &  Empowerment  are providing financial assistance in the form of scholarship /interest subsidy schemes to the meritorious students of weaker sections including the students pursuing post-graduation courses  in  B-schools.  The  details  of  schemes  and  quantum  of  financial  assistance disbursed  during  the  last  three  years  including  the  current  year  in  Tamil  Nadu  is  at Annexure-1.

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| Annexure referred to in Part (a) to (c) of the Lok Sabha Unstarred Question No. 1361 for 10.02.2020 asked by Hon'ble MPDR. T. SUMATHY (a) THAMIZHACHI THANGAPANDIAN regarding Financial Assistance to Meritorious Students   | Annexure referred to in Part (a) to (c) of the Lok Sabha Unstarred Question No. 1361 for 10.02.2020 asked by Hon'ble MPDR. T. SUMATHY (a) THAMIZHACHI THANGAPANDIAN regarding Financial Assistance to Meritorious Students   | Annexure referred to in Part (a) to (c) of the Lok Sabha Unstarred Question No. 1361 for 10.02.2020 asked by Hon'ble MPDR. T. SUMATHY (a) THAMIZHACHI THANGAPANDIAN regarding Financial Assistance to Meritorious Students                                                                                                                                                                                                    | Annexure referred to in Part (a) to (c) of the Lok Sabha Unstarred Question No. 1361 for 10.02.2020 asked by Hon'ble MPDR. T. SUMATHY (a) THAMIZHACHI THANGAPANDIAN regarding Financial Assistance to Meritorious Students   | Annexure referred to in Part (a) to (c) of the Lok Sabha Unstarred Question No. 1361 for 10.02.2020 asked by Hon'ble MPDR. T. SUMATHY (a) THAMIZHACHI THANGAPANDIAN regarding Financial Assistance to Meritorious Students   | Annexure referred to in Part (a) to (c) of the Lok Sabha Unstarred Question No. 1361 for 10.02.2020 asked by Hon'ble MPDR. T. SUMATHY (a) THAMIZHACHI THANGAPANDIAN regarding Financial Assistance to Meritorious Students   | Annexure referred to in Part (a) to (c) of the Lok Sabha Unstarred Question No. 1361 for 10.02.2020 asked by Hon'ble MPDR. T. SUMATHY (a) THAMIZHACHI THANGAPANDIAN regarding Financial Assistance to Meritorious Students   | Annexure referred to in Part (a) to (c) of the Lok Sabha Unstarred Question No. 1361 for 10.02.2020 asked by Hon'ble MPDR. T. SUMATHY (a) THAMIZHACHI THANGAPANDIAN regarding Financial Assistance to Meritorious Students   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Sr. No.                                                                                                                                                                                                                      | Scheme Name                                                                                                                                                                                                                  | Objective                                                                                                                                                                                                                                                                                                                                                                                                                     | Financial Assistance                                                                                                                                                                                                         | * Amount disbursed (in crore ) for State of Tamil Nadu                                                                                                                                                                       | * Amount disbursed (in crore ) for State of Tamil Nadu                                                                                                                                                                       | * Amount disbursed (in crore ) for State of Tamil Nadu                                                                                                                                                                       | * Amount disbursed (in crore ) for State of Tamil Nadu                                                                                                                                                                       |
|                                                                                                                                                                                                                              |                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                               |                                                                                                                                                                                                                              | 2016-17                                                                                                                                                                                                                      | 2017-18                                                                                                                                                                                                                      | 2018-19                                                                                                                                                                                                                      | 2019-20 (till date)                                                                                                                                                                                                          |
| Department of Higher Education                                                                                                                                                                                               | Department of Higher Education                                                                                                                                                                                               | Department of Higher Education                                                                                                                                                                                                                                                                                                                                                                                                | Department of Higher Education                                                                                                                                                                                               | Department of Higher Education                                                                                                                                                                                               | Department of Higher Education                                                                                                                                                                                               | Department of Higher Education                                                                                                                                                                                               | Department of Higher Education                                                                                                                                                                                               |
| 1                                                                                                                                                                                                                            | Central Sector Scheme of Scholarship for College and University Students                                                                                                                                                     | The objective of the scheme is to provide financial assistance to meritorious students having family income of upto Rs. 8 lakhs per annum and pursuing higher studies. Students who are in top 20th percentile of successful candidates in the relevant stream in class XII are eligible for consideration under the scheme. Scholarship is awarded for pursuing graduate / postgraduate studies in colleges and universities | First 3 years:- Rs. 10,000/- p.a. 4th and 5th year:- Rs. 20,000/- p.a.                                                                                                                                                       | 5.78                                                                                                                                                                                                                         | 5.67                                                                                                                                                                                                                         | 8.69                                                                                                                                                                                                                         | 5.46                                                                                                                                                                                                                         |
| 2                                                                                                                                                                                                                            | Central Sector Interest Subsidy Scheme                                                                                                                                                                                       | To ensure that no one from the Economically Weaker Sections (EWS), including minorities, SCs/STs, women and disabled, is denied access to professional education. Students having annual parental income up to Rs.4.5 lakh are eligible for the scheme. The scheme is admissible only for once either for under-graduation, post- graduation, or integrated courses                                                           | Full interest subsidy is provided during moratorium period (course period + 1 year) on educational loan upto Rs. 7.5 lakh taken                                                                                              | 9.36 (no. of claims)                                                                                                                                                                                                         | 7.35 (no. of claims)                                                                                                                                                                                                         | 3.73 (no. of claims)                                                                                                                                                                                                         | The data will be available after completion of financial year                                                                                                                                                                |

| Sr. No.                      | Scheme Name                              | Objective                                                                                                                                                                                                                                                                                                                                                 | Financial Assitance                                                                                                                                                                          | * Amount disbursed (in crore ) for State of Tamil Nadu   | * Amount disbursed (in crore ) for State of Tamil Nadu   | * Amount disbursed (in crore ) for State of Tamil Nadu   | * Amount disbursed (in crore ) for State of Tamil Nadu   |
|------------------------------|------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------|----------------------------------------------------------|----------------------------------------------------------|----------------------------------------------------------|
|                              |                                          |                                                                                                                                                                                                                                                                                                                                                           |                                                                                                                                                                                              | 2016-17                                                  | 2017-18                                                  | 2018-19                                                  | 2019-20 (till date)                                      |
| Ministry of Minority Affairs | Ministry of Minority Affairs             | Ministry of Minority Affairs                                                                                                                                                                                                                                                                                                                              | Ministry of Minority Affairs                                                                                                                                                                 | Ministry of Minority Affairs                             | Ministry of Minority Affairs                             | Ministry of Minority Affairs                             | Ministry of Minority Affairs                             |
| 3                            | Post-matric Scholarship Scheme           | The scholarship is provided to minority students studying in Class XI to Ph.D level in Government/ recognized Private schools/Colleges/Institutes. To be eligible, students should not have annual parental/guardian's income of more than Rs.2.00 lakh and he/she should have secured minimum 50% marks in previous class.                               | i) Hosteller- Rs. 8,700 pa ii) Day Scholar- Rs. 6,000 pa                                                                                                                                     | 21.31                                                    | 21.79                                                    | 21.72                                                    | 13.46                                                    |
| 4                            | Merit-cum-Means based Scholarship Scheme | The scholarship is awarded for pursuing professional and technical courses at under-graduate and post-graduate levels, in institutions recognized by the appropriate authority. To be eligible, students should not have annual parental/ guardian's income of more than Rs.2.50 lakh and he/she should have secured minimum 50% marks in previous class. | Full Course Fee reimbursed for the listed institutions. Rs.20,000/- p.a. ceiling for non listed institutions. Maintenance allowance- Hostellers:- Rs. 10,000 pa Day Scholar ii) Rs. 5,000 pa | 13.88                                                    | 15.71                                                    | 14.29                                                    | 10.37                                                    |

| Sr. No.                      | Scheme Name                                                    | Objective                                                                                                                                                                                                          | Financial Assitance                                                        | * Amount disbursed (in crore ) for State of Tamil Nadu   | * Amount disbursed (in crore ) for State of Tamil Nadu   | * Amount disbursed (in crore ) for State of Tamil Nadu   | * Amount disbursed (in crore ) for State of Tamil Nadu   |
|------------------------------|----------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------|----------------------------------------------------------|----------------------------------------------------------|----------------------------------------------------------|----------------------------------------------------------|
|                              |                                                                |                                                                                                                                                                                                                    |                                                                            | 2016-17                                                  | 2017-18                                                  | 2018-19                                                  | 2019-20 (till date)                                      |
| University Grants Commission | University Grants Commission                                   | University Grants Commission                                                                                                                                                                                       | University Grants Commission                                               | University Grants Commission                             | University Grants Commission                             | University Grants Commission                             | University Grants Commission                             |
| 5                            | P.G. Scholarship for University Rank Holders                   | To provide financial assistance to University Rank Holders for pursuing PG on full time/regular basis in Universities/ Institutes/Colleges in India.                                                               | Scholarship: Rs. 3,100/- pm for 20 months                                  | 5.04                                                     | 2.71                                                     | 4.5                                                      | 0.03                                                     |
| 6                            | P.G. Indira Gandhi Scholarship for Single Girl Child           | To provide financial assistance to selected candidates being Single Girl Child for pursuing Post-graduation on full time/regular basis in Universities/Institutes/Colleges in India.                               | Scholarship: Rs. 3,100/- pm for 20 months                                  | 11.37                                                    | 11.13                                                    | 9.91                                                     | 0.22                                                     |
| 7                            | P.G. Scholarship for Professional Courses for SC/ST candidates | To provide financial assistance to selected candidates belonging to SC/ST categories for pursuing Post-graduation in Professional Courses on full time/regular basis in Universities/Institutes/Colleges in India. | Scholarship: Rs. 7,800/- pm for ME/ MTech Rs. 4,700/- pm for other courses | 5.11                                                     | 3.21                                                     | 2.14                                                     | 0.11                                                     |

| Sr. No.                                                                            | Scheme Name                                                                        | Objective                                                                                                                                                                                           | Financial Assitance                                                                                                                                                                                                                                                                                        | * Amount disbursed (in crore ) for State of Tamil Nadu                             | * Amount disbursed (in crore ) for State of Tamil Nadu                             | * Amount disbursed (in crore ) for State of Tamil Nadu                             | * Amount disbursed (in crore ) for State of Tamil Nadu                             |
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|                                                                                    |                                                                                    |                                                                                                                                                                                                     |                                                                                                                                                                                                                                                                                                            | 2016-17                                                                            | 2017-18                                                                            | 2018-19                                                                            | 2019-20 (till date)                                                                |
| Ministry of Social Justice &Empowerment                                            | Ministry of Social Justice &Empowerment                                            | Ministry of Social Justice &Empowerment                                                                                                                                                             | Ministry of Social Justice &Empowerment                                                                                                                                                                                                                                                                    | Ministry of Social Justice &Empowerment                                            | Ministry of Social Justice &Empowerment                                            | Ministry of Social Justice &Empowerment                                            | Ministry of Social Justice &Empowerment                                            |
| 8                                                                                  | Top Class Education for SC Students                                                | Aim of the scheme is to promote quality education amongst SC students having family income of less than Rs.6 lakh per annum, who secure admission in the 220 institutions notified under the Scheme | Reimbursement of full tution fees and non- refundable charges (ceiling of Rs. 2.00 lakh p.a. for students studying in private insitittuions and Rs.3.72 lakhs per annum per student for the private sector flying clubs) ii) Living expenses:- Rs. 29,640 pa iii) Computer allowance Rs. 45,000 (one time) | 1.07                                                                               | 1.07                                                                               | 0.39                                                                               | 0.94                                                                               |
| * Only state-wise data is maintained. Beneficiaries include students from B-School | * Only state-wise data is maintained. Beneficiaries include students from B-School | * Only state-wise data is maintained. Beneficiaries include students from B-School                                                                                                                  | * Only state-wise data is maintained. Beneficiaries include students from B-School                                                                                                                                                                                                                         | * Only state-wise data is maintained. Beneficiaries include students from B-School | * Only state-wise data is maintained. Beneficiaries include students from B-School | * Only state-wise data is maintained. Beneficiaries include students from B-School | * Only state-wise data is maintained. Beneficiaries include students from B-School |