Educational institution

Sri Chaitanya educational institution announces Rs 1,000 crore scholarships for students

The Sri Chaitanya educational institution has announced an annual scholarship of Rs 1,000 crore for school and college students, according to an official statement. According to Sushma Boppana, director of Sri Chaitanya Educational Institution, co-founder of Infinity Learn, the organization spends Rs 700-800 crore every year on scholarships, but the new fund will be spent in a very structured way for students to different stages of their academic career.

“We will be offering cash rewards to students who qualify for the Score Stem Challenge 2022 in the range of Rs 10,000 to Rs 1 lakh to help them with education-related issues. If the qualified student from the economically weaker section of society wants to enroll in a good school, we will help them gain admission and the scholarship will help pay their fees,” Bopanna said.

Sri Chaitanya aims to reach 10 lakh children annually for the scholarship, which will cover tuition fees up to 100%. “There are 3-4 sets of attempts for students, which include different types of assessment at each stage. Whoever qualifies first will gain access to the stipulated scholarship. The later stages are to assess the economic situation, needs, interest and caliber of the student. The duration of the program is one academic year,” Bopanna added.

Additionally, the Sri Chaitanya team aims to visit students’ homes, assess their needs and economic conditions to identify their economic status. He further added that the online exams will be held from August 26 to November 30 and the offline exams on September 18, October 16 and November 13.

“The last day of registration is 3 days before the exam date. Students can take the test from anywhere in India by logging into the Infinity Learn website or visiting Sri Chaitanya campuses,” the education company said in the statement.

With entries from PTI.

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