In a philanthropic endeavor to foster higher education access among the youth, the Reliance Foundation is set to bestow 5,000 undergraduate scholarships for the forthcoming academic year 2023–2024. This noble initiative aligns with the visionary principles of Reliance’s founding chairman, Dhirubhai Ambani, who believed in investing in the potential and vigor of the younger generation.
The Reliance Foundation Scholarships, open to all first-year regular undergraduate students across diverse academic disciplines, beckon aspiring minds to apply before the closing date of October 15, 2023.
Nita Ambani, the esteemed founder and chairperson of the Reliance Foundation, made this significant announcement on the occasion of Dhirubhai Ambani’s 90th birth anniversary in December 2022. The foundation is committed to granting scholarships to a staggering 50,000 students over the next decade.
India, boasting the world’s largest youth population, holds boundless potential to elevate the nation to unprecedented heights. Jagannatha Kumar, the CEO of Reliance Foundation, expressed the organization’s unwavering dedication to furnishing opportunities and top-tier education access. The goal is to empower the youth to realize their dreams and contribute significantly to India’s progress.
These Reliance Foundation Undergraduate Scholarships are conferred based on a merit-plus-means criterion, with the primary aim of alleviating the financial burdens of undergraduate education. The scholarships are designed to propel the recipients towards professional success, realizing their aspirations, and, simultaneously, fostering socioeconomic growth within the nation.
The scholarships provide substantial financial support, with selected candidates potentially receiving up to Rs 2 lakh to cover the entirety of their academic journey. Moreover, scholars will be embraced by a robust support network, fostering holistic development and connecting them with a thriving alumni community. It’s worth noting that the program actively encourages applications from female candidates and those with disabilities. Selection criteria encompass performance in aptitude tests, Class 12 results, household income, and other relevant qualifications.
In the previous academic year, 2022–2023, the Reliance Foundation Undergraduate Scholarships garnered interest from nearly 100,000 students, with 40,000 applicants hailing from various regions. Ultimately, 5,000 deserving students were chosen based on their aptitude test performance and eligibility. Notably, 97 of these awardees had disabilities, and 51% were female. This diverse group hailed from 1,630 academic institutions and were enrolled full-time in undergraduate programs spanning diverse subject areas.