Home ยป Prize Money Scholarship for 2024 Application

The Prize Money Scholarship is a financial award given to students who meet the requirements and display remarkable talent or academic ability.

prize money scholarship

It strives to give money to deserving students pursuing their educational goals. Scholarships are generally sought because they lessen the school cost and come with other benefits.

Eligibility Criteria for Prize Money Scholarship

Students who fall under the SC/ST category and are residents of Karnataka have a great opportunity thanks to the prize money scholarship provided by the state of Karnataka.

This scholarship aims to aid worthy persons in their academic pursuits by offering assistance and encouragement. The eligibility requirements have been carefully developed to ensure that the intended recipients can benefit from the prize money scholarship.

Let’s now examine the specific requirements for being eligible for this prestigious scholarship:

1. Karnataka Domicile

The scholarship with a cash award is only open to applicants who are residents of Karnataka. This stipulation ensures that students who are permanent residents of Karnataka may benefit from the prize.

2. SC/ST Category

Only SC/ST students are qualified for the scholarship with a cash reward. This criterion shows how committed the government is to providing underrepresented groups equal access to educational opportunities.

3. First Attempt Clearance

To be eligible for the scholarship, candidates must have passed the prior qualifying exam on their first try.

This criterion ensures that those who demonstrate consistent academic growth are rewarded and encourages students to put in their best effort.

4. Government Recognised Institution

Applicants must be registered for academic study at a government-recognised facility. In addition to II PUC, the three-year Polytechnic Diploma, the Bachelor’s degree (general), the Master’s degree, and professional degrees in engineering, medicine, veterinary science, and agriculture are all covered by the scholarship.

This stipulation allows only students enrolled in renowned institutions and universities to receive the award.

5. No Income Limit

In contrast to many other scholarships, the prize money scholarship does not have an income ceiling for applicants. Regardless of their family’s income, children from all socioeconomic backgrounds can apply in the SC/ST category.

The criteria for the prize money scholarship provide a fair and inclusive framework for identifying and assisting qualified SC/ST students who are residents of Karnataka.

Students who meet these criteria are qualified for financial aid and can further their education with the government’s help.

Remembering that the government may update and change the precise specifications and application procedures is crucial.

Students are urged to contact the appropriate government authorities or the official scholarship webpage for the most accurate and up-to-date information on the requirements for the scholarship with cash rewards.


Awards for the Scholarship

The prize money scholarship program is a noteworthy effort by the state of Karnataka to assist youngsters from all backgrounds in their academic attempts.

The scholarship program’s financial assistance enables selected students to overcome economic challenges and focus on academic growth.

Let’s examine the details of the scholarship award, including how it fluctuates according to the courses studied.


Students enrolling in the II PUC (Pre-University Course) can receive a prize money scholarship worth INR 20,000.

Pre-university students are encouraged to continue their education with the help of this financial aid, and their efforts and achievements are acknowledged.

2. Polytechnic Diploma

The prize money scholarship is worth INR 20,000 for those seeking a polytechnic diploma. This award recognizes the importance of vocational and technical education while encouraging students to excel in their chosen fields.

3. Undergraduate Degree

Undergraduate scholarship recipients may receive INR 25,000 in prize money. This financial aid is designed to help students focus on their studies and personal growth by easing the load of educational expenses like tuition and textbooks.

4. Postgraduate Degree

The 30,000 INR prize money scholarship is offered to students pursuing a postgraduate degree. With this support, graduate students are recognized for their dedication and hard work, and they are given the resources they need to be successful in their field of concentration.

5. Professional Courses

The prize money scholarship offers up to INR 35,000 financial aid to students enrolled in professional courses. This category includes specialized fields like agriculture, veterinary sciences, engineering, and medicine.

The immense amount reflects these programs’ demanding nature and the need for all-encompassing financial support.

Benefits of Prize Money Scholarship

The benefits of receiving a prize money scholarship are numerous for students.

First, it provides essential financial assistance, easing the strain of numerous educational costs like tuition, books, housing, and more.

With this financial aid, students can focus more on their education and excel in the classroom.

Prize Money Scholarships also bring reputation and respect. Being selected for such a prestigious scholarship is evidence of a student’s aptitude, dedication, and hard work.

It can make their resume stand out and attract possible employers. Additionally, scholarships frequently come with extra perks like networking opportunities, mentorship programs, and special access to events or internships.

These benefits help students advance academically and professionally while providing access to possibilities and chances for the future.

How to Apply

The Karnataka prize money scholarship application procedure is straightforward and may be finished online through the official scholarship portal. If you want to take advantage of this chance, make sure your application goes smoothly by following the step-by-step guidelines below:

  1. Go to the scholarship’s official website.
  2. Click the link for the online application.
  3. Submit the required information to apply for the scholarship.
  4. Complete the necessary steps in the verification procedure.
  5. Provide the information from your SSLC (Secondary School Leaving Certificate).
  6. Obtain the application form and complete it entirely.
  7. Give the necessary information about your college.
  8. Accept the rules and regulations.
  9. Check the application before submitting it.

You can successfully apply for the prize money scholarship in Karnataka by adhering to these guidelines.


Documents Required

Applicants must present the needed paperwork properly during the prize money scholarship application procedure.

These records are essential for confirming the candidates’ eligibility and reliability. The following papers must be gathered and supplied by applicants to ensure a smooth application process:

  1. Aadhaar Card
  2. Caste Certificate
  3. Proof of Residence
  4. Mark Sheets (including all semesters)
  5. Bank Details with IFSC Code
  6. Passport Size Photo
  7. Certified Copy of the Online Registration Form
  8. Photocopies of the Required Documents

Candidates can streamline their application process for the prize money scholarship by making sure certain documents are submitted.

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