The State Bank of India (SBI) Foundation has launched the Platinum Jubilee Asha Scholarship 2025-26. This new education support scheme will benefit approximately 23,000 students across India. The scholarship offers financial aid between ₹15,000 and ₹20 lakh annually , determined by the student’s specific course and level of education. The application period closes on November 15, 2025 . All applications must be submitted online via the official SBI Foundation website.
About the Scholarship
The SBI Foundation has allocated over ₹90 crore for the 2025-26 academic year to fund this scholarship program. This initiative aims to ensure that academically successful students can continue their studies without financial obstacles. The scholarship covers a broad spectrum of education levels, from school students in Classes 9-12 to those pursuing undergraduate and postgraduate degrees . This includes students enrolled in premier institutions such as Indian Institutes of Technology (IITs), Indian Institutes of Management (IIMs), and other recognized universities, both within India and internationally. The varying scholarship amounts are designed to cover tuition fees, living expenses, and educational materials appropriate for each level of study and institution.
Eligibility Requirements
Applicants must meet specific academic and financial criteria to qualify for the scholarship. These requirements ensure support reaches meritorious students with demonstrated financial need. As per the SBI notification, eligibility is defined by:
- Academic Merit: Candidates must have achieved at least 75 percent marks or a 7.0 Cumulative Grade Point Average (CGPA) in their most recent academic year.
- Family Income: Annual family income thresholds vary by education level:
- For school students (Classes 9-12): Below ₹3 lakh per annum .
- For college-level students (undergraduate and postgraduate): Below ₹6 lakh per annum .
- Enrollment Status: Students must be currently enrolled in or have secured admission to an eligible program for the 2025-26 academic year.
Application Process
The application for the Platinum Jubilee Asha Scholarship 2025-26 is conducted entirely online. Students should gather all required documents before beginning the application to facilitate a smooth submission. The deadline for applications is strictly November 15, 2025 .
The process includes several key steps:
- Online Registration: Create an account on the official SBI Foundation scholarship portal using personal and contact information.
- Form Submission: Complete the detailed online application form, providing academic history, family background, and financial details.
- Document Upload: Upload clear scans of necessary documents. These typically include:
- Previous academic year’s mark sheets.
- Valid income certificate.
- Proof of admission or enrollment for 2025-26.
- Identity proof.
- Bank account details.
- Verification: All submitted applications and documents will undergo a thorough verification process to confirm accuracy.
- Final Selection: Successful candidates will be chosen based on eligibility, academic performance, and verified financial need. Notifications will be sent directly to selected applicants.
Students interested in applying should visit the official SBI Foundation scholarship website promptly and complete their application before the November 15, 2025 deadline.