Vidyasaarathi and CARE Ratings announce an MBA scholarship program

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Mumbai: Vidyasaarathi, a unique education scholarship portal by NSDL e-Governance Infrastructure Limited (NSDL e-Gov), has announced its partnership with CARE Ratings, to offer MBA scholarships to students. Through this partnership, CARE Ratings aims to empower students with an opportunity to undertake higher quality education. This collaboration enables Vidyasaarathi to expand its portfolio of scholarships in order to cater to a larger number of students.

Vidyasaarathi envisions simplifying the process of scholarship attainment in the country by shifting the entire process to the virtual world, thereby reducing administrative challenges faced by organizations to support education funding. Speaking on the partnership, Mr. Gagan Rai, CEO and MD, NSDL e-Gov, said, “We are delighted to partner with CARE Ratings as we continue to revolutionize the education scholarship sector. We launched Vidyasaarathi last year to provide a transparent and a controlled system in the education funding sector. This partnership is in line with our mission to bridge the gap in the industry. We hope to fulfill this mission by providing the students with opportunities to grow and evolve into the leaders of tomorrow.”

The scholarships facilitated by CARE Ratings will be disbursed across educational institutions and will be available for select 46 students from across the country. INR 50,000 per student will be covered per scheme under the scholarships. The dates for the program are as follows:
● Application Submission period – 24th November, 2017 to 15th January, 2018

● Screening of Applications – 16th January, 2018 to 28th February, 2018

● Selection of candidates for scholarship – By 15th March, 2018

● Disbursement of the scholarship – On 25th March, 2018
The Vidyasaarathi portal is supported by Tata Institute of Social Sciences, which acts as a central trust for managing scholarships. Previously, Vidyasaarathi had teamed up with ACC Cement to provide scholarships to students in the rural areas. Vidyasaarathi plans to expand more by forming more partnerships with institutions and executing an extensive campus outreach.