There are many different types of scholarships. Some scholarships are designed to support students who have demonstrated financial need. Others are designed to support students who have unique talents or achievements. These need-based scholarships in India may contain merit or academic components. It is required that students always display financial need.

What is a need-based scholarship?

There are different types of scholarships for practically anything. Whether you're a single parent or have strong religious views. Whether you are passionate about thinking "green," or enjoy dancing. There is a scholarship for you. If you are looking for more ad hoc scholarships, certain websites applications like Auroscholar. This website offers micro-scholarships on the basis of online quizzes.

Make a list of your personal characteristics, then look into large organizations. You can look into local groups, and private firms. There will be a scholarship application to thank you for simply being you. In this blog, we will be talking about need-based scholarships for Indian students.
Need-based scholarships for Indian students are very popular. This is due to the limited opportunities at our disposal. If you come from low-income families, you may be eligible for need-based scholarship funding.

This funding is normally assessed based on family income. Need-based college scholarships differ from merit-based college scholarships.
Merit based are offered based on academic, athletic, or extracurricular success. Excellent academic performance or being a top soccer scorer are more important criteria than financial need. Need-based scholarships, however, are awarded to students based on their financial needs.

Types of need based Scholarships in India

The high level of dropout rate in Indian schools and colleges is alarming. Different types of scholarships for Indian students are now a necessity.

Let us discuss the different types of need-based scholarships.

Different types of Scholarships for Indian students to study abroad are offered by private and also public organizations. You must be under 30 years old at the time of application and must reside in India. Other terms and conditions apply. Both commercial and government organizations provide scholarship exams in India.

Qualification for different types of scholarships
Qualification requirements also depend on the different types of scholarships you apply for. Specific scholarships have their own set of requirements. These must be adhered to. There is no set income criterion for all scholarships.

The easy way for you to check if you qualify is to check the details for the respective scholarship online. Different types of scholarships websites also collate popular qualification requirements. Also, they generally include how you can apply for scholarships.

Top 5 Types of scholarships: Need-Based, India

(a) Class education scheme for SC Students
This scholarship, administered by the Ministry of Social Justice and Empowerment of the Government of India. It aims to promote quality education among SC students beyond Class 12.
This scholarship is open to SC students who have finished Class 12. you must have enrolled in a full-time undergraduate or postgraduate course at a recognized institution. The family's annual income should be less than Rs 6 lakh per year (also, from all sources).
SC students who have completed Class 12 are eligible. Full tuition costs and additional stipends are awarded. Submit your application between August and November (However, it is tentative)
How to apply for scholarship: online (through the National Scholarship Portal).

(b) Pre-Matric Scholarships Scheme for Minorities
The Ministry of Minority Affairs of the Government of India offers this scholarship to students from minority communities. This includes Muslims, Sikhs, Christians, Buddhists, Jains, and Zoroastrians/Parsis. Students in pre-matriculation (Classes 1 to 10) are allowed to apply. They must have received at least 50% in their previous final exams. However, the family's total annual income from all sources should be less than Rs 1 lakh.
Minority community kids in grades 1 through 10 are eligible.
Fees for admission, tuition, and a living allowance
Submit your application between August and November (However, it is tentative)
How to apply for scholarship: online (through the National Scholarship Portal).

(c) Post-Matric Scholarships Scheme for Minorities
This is yet another scheme of the Ministry of Minority Affairs for minority community students studying at post-matriculation level i.e., Class 11 to Ph.D. level. The scholarship's main goal is to encourage minority community students to pursue higher education. It also aims to improve their employability through adequate financial aid. Students must have received at least 50% in their previous qualifying examination. They must have a yearly household income of less than Rs 2 lakh (also, from all sources).
Minority community students in grades 11 through Ph.D. are eligible.
Fees for admission, tuition, and a living allowance
Submit your application between August and November (However it is tentative)
How to apply for scholarship: online (through the National Scholarship Portal).

(d) Financial Assistance for Education of the Wards of Beedi/Cine/IOMC/LSDM Workers - Pre-Matric
This scholarship scheme is run by the Ministry of Labor and Employment of the Government of
India. It provides financial support to the children of Beedi workers, Iron Ore, Manganese & Chrome Ore Mines (IOMC).
Limestone & Dolomite Mines (LSDM), and Cine workers are also included. They must be in Grades 1 through 10 in a government or government-approved school.
They should have aced the prior exam on the first try. The family income should be less than Rs 10,000 per month. Family income for cine workers can be as low as Rs 8,000 per month or Rs 1 lakh per year.
Students in grades 1 through 10 are eligible.
Up to Rs 1,840 in awards
Between August and November is when you should submit your application (However it is tentative)
How to apply for scholarship: online (through the National Scholarship Portal).

(e) Financial Assistance for Education of the Wards of Beedi/Cine/IOMC/LSDM Workers – Post-Matric
This scheme promotes the post-matric education of wards of Beedi/Cine/IOMC/LSDM workers. Its goal is to ensure that no child works in any dangerous field as a laborer. Students must have passed their previous qualifying exam on the first try. They must be enrolled in a regular general/technical education program. This includes fields such as engineering, medical and agricultural studies.
The applicant's family income should be less than Rs 10,000 per month. A family income of less than RS 8,000 per month .Rs 1 lakh per year is suitable for Cine workers.
Students in grades 11, 12, diploma and degree programs are eligible.
Up to Rs 15,000 in prizes
Between August and November is when you should submit your application (However it is tentative)
How to apply for scholarship: online (through the National Scholarship Portal).

Final take
There are many types of scholarships for students in India. With internet penetration, information is widely available everywhere. Most information can now be found on Scholarship websites. Most popular scholarships now let students apply for scholarships online. All in all, there are a myriad of need-based scholarships available. Choosing the right need-based scholarship requires some research. Few hours is all you need to be on your way.