Saturday, 16 May 2015

HDFC Scholarship 2015 : ECSS for Indian students

ECSS (Education Crisis Scholarship support) is an initiative by HDFC bank to provide financial support to the students who face some personal/economic exigency. Economic hardship or a crisis in the family sometimes has a direct impact on the education of children, often resulting in the child dropping out of school/college/university.

ECSS aims to cover students from recognized Private or Government aided schools between standards 6 and 12 and students studying in undergraduate and post-graduate courses (full-time/part-time degree/diploma/ courses) who due to personal/family crises are unable to continue bearing the cost of education and are at risk of dropping out of school/college/university. 

This situation would be defined as bereavement/death/ terminal illness/permanent disability and loss of job of the breadwinner due to accident or any such extreme circumstances that have put a strain on the family resources

Scholarship will cover the total annual School Fee upto a maximum of Rs.10,000/- and College/University Fee upto a maximum of Rs.25,000/- of the selected candidates. 

Important Dates
Start date to apply : 01/05/2015
Last date to apply : 05/07/2015

Application form(online)

Click here
(after clicking on the link Register your details> create login account> fill in the details> upload necessary documents in PDF/JPEG format.)> click submit)
Application Form offline(hard Copy) 
Click Here
(Download the ECSS application form folder (named as ECSS_2015_Application form) from the link provided above> Extract the files> Take print out of all the documents > fill in the details> attach necessary documents with the applicatio form> submit the same at the nearest HDFC bank.)

Guidlines to fill up the application form 
  • Ensure that the form is complete along with the necessary attachments. 
  • Incomplete forms will be rejected 
  • Students submitting online application are NOT required sending hard copy of same 
  • Economic difficulties in itself will not qualify as a crisis unless the same is due to the occurrence of a sudden incident such as loss of job/death/separation of parents or any such unfortunate situation 
  • A 'CRISIS' situation is defined as a sudden occurrence of an incident that has created a situation where the student/family requires support 
  • The incident leading to a crisis should be within the preceding two years 
  • Please clearly mention details of the situation in the relevant sections to enable better understanding of the need 
  • Ensure that the contact numbers of both the student and the educational institute are valid as a verification call will be made to these numbers 
  • Inability to respond to the verification call may lead to rejection of the application 
  • Please read the FAQs for details on eligibility criteria and application process 
  • Ensure that the name of the institute’s account (in which the cheque needs to be drawn) is mentioned correctly. 
  • Fresh cheques will not be issued if names are found incorrect
Note:Students can apply either online or submit physical copy application forms. Physical copies can be submitted at any HDFC Bank branch.  

Frequently Asked Questions (FAQs)

 1. Who can apply for a Scholarship under ECSS?
  • Schools students from Government aided or Private school in classes 6 to 12 
  • College students pursuing Under-graduate/Post-graduate Fulltime/Part-time Degree/ Diploma courses in colleges or universities recognized under UGC/AICTE/State/Central Government rules and guidelines 
  • Students having an annual family income of not more than Rs.3,00,000/- (Rupees three lakhs only) 
  • Students undergoing a crisis situation  
2. What will be considered as a crisis? 
    A crisis situation is defined as a:
  •  Sudden occurrence of an incident that has created a situation where the student/family requires support
  • Sudden job loss 
  • Sudden death/separation of parents
  • Accident/death of siblings
  • Sudden onset of a critical or life threatening illness 
  • The incident leading to a crisis should be within the preceding two years
3. What is the last day for the application? 
  •  The application window will be open from 1st May, 2015 to 5th July, 2015
4. What is the selection process?
  • Received applications will be assessed on the basis of the criteria defined by HDFC Bank’s management. Students will be selected basis the score that they receive on the selection parameters. While every effort will be made to ensure a fair screening, the management reserves the right to decide the final recipients.
5. How many students per family can apply?
  • Only one application per family will be considered for the scholarship.
6. Can an existing ECSS scholar re-apply?
  • The Scholarship is renewable for a maximum of two years only. The students is required to re-apply and requalify each year
8. What are the annexures and documents that are required?
    The following documents need to be attached to the Application form:
  • Annexure I (A) – Income proof from the employer duly signed and stamped by the concerned authority along with the salary slip (if any) OR Annexure I (B) –Self declaration of family income (for self employed)
  • Annexure II (A)- Verification form duly signed and stamped by School Principal along with last year’s final (annual) examination mark sheet OR Annexure II (B) - Verification form duly signed and stamped by College Principal/University Dean/Director along with last year’s final (annual) examination mark sheet
  • Documents - Attested copies of last year’s mark sheet, two copies of address proof and salary slip (if any).
9. Does the application form have to be verified by the HDFC Bank branch?
  • Branch verification is required only for a physical form submission. Verification by the HDFC Bank branch is not required for an online application submission.
10. When will the Scholarship be announced? Will the applicants be intimated?
  • The final list of scholarships will be uploaded on the Bank’s website by the 25th August 2015. Selected students will receive SMS on the number registered with us.
11. What is the scholarship amount that a student will be granted?
  • The students’ annual academic fee upto a maximum of Rs.10,000/- for school students and upto a maximum of Rs.25,000/- to the selected college/university students will be sponsored.
12. Can the Scholarship be transferred in case of change in school/college/university?
  • The scholarship is non-transferable. In such cases the scholarship will be cancelled and the student will have to re-apply.
13. How will the scholarship be disbursed?
  • A cheque in favour of the educational institute (as mentioned in the application form) will be sent to the nearest HDFC Bank Branch (as mentioned in the application). The respective institutes will receive intimation by mail, with a copy to the student.
Note: To ensure that the cheque is dispatched correctly ensure that the Branch details are mentioned in the application form.
14. How will the selected students be informed?
  • The final list of selected students will be uploaded on www.hdfcbank.com/scholarship. Shortlisted scholars will also receive a confirmation on the numbers mentioned in the application.Candidates, who do not receive any communication by 10th September, 2015 must assume that their applications have not been successful.
15. When will the payment be dispatched?
  • Scholarship cheques will be dispatched by 20th September,2015 by us at the branches mentioned on the application form. The branch will contact the selected students/school/college/university for collecting the scholarship cheque. You will not be contacted if you are not selected for the scholarship.
16. What are the post disbursal formalities Do I need to submit a confirmation letter after receiving the scholarship amount?

  • The students/Institutes collecting the cheque will be required to provide an undertaking to the branch confirming receipt of the amount. Students may also receive verification calls from the Branch.
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