Indian Oil Educational Scholarship Scheme helps academically talented but financially challenged students studying 10+2, ITI, Engineering (BE/ BTech), MBA, and MBBS degrees. The scholarship amount ranges from ?1,000- ?3,000 per month.
The Indian Oil Educational Scholarship Scheme is a significant initiative designed to support students from economically weaker sections across India. It targets meritorious students pursuing higher education in various streams, including 10+2, ITI, Engineering, MBBS, and MBA. This scholarship program by Indian Oil Corporation Limited, aims to bridge the financial gap for deserving students, enabling them to focus on their studies and achieve their academic goals without the burden of financial stress.
Through this initiative, IOCL demonstrates its commitment to social responsibility by investing in the education and skill development of the country's youth. The program not only helps reduce educational inequalities but also contributes to the creation of a skilled and capable workforce, essential for the nation's progress. The Indian Oil Educational Scholarship Scheme serves as a valuable resource for aspiring students, motivating them to excel and pursue their dreams.
The important dates and details of Indian Oil Educational Scholarship scheme are as follows
Event | Date |
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Availability of Online Application Form | July 2025 |
Last Date to Submit Application Form | October 31, 2025 |
Here are the at-a-glance details about IOCL scholarship:
Aspect | Details |
---|---|
Provided By | Indian Oil Corporation Limited (IOCL) |
Objective | To support academically talented and economically disadvantaged students across India |
Eligible Courses | 10+2 (Higher Secondary), ITI, Engineering (BE/ BTech), MBBS, MBA |
Eligibility Criteria | Indian citizenship, minimum 65% marks in the last qualifying exam, annual family income limit (?1,00,000 - 2,00,000 based on category) |
Number of Scholarships | Approximately 2,600 scholarships awarded annually |
Scholarship Amount | INR 1,000 per month for 10+2 and ITI students, INR 3,000 per month for Engineering, MBBS, and MBA students |
Application Process | Online application via the official IOCL website during the period of August to October |
Selection Criteria | Based on academic merit, family income, and reservation policies as per government norms |
Duration and Renewal | 1-4 years based on course duration; requires consistent academic performance for renewal |
The Indian Oil Corporation Limited (IOCL) offers various scholarship programs catering to students from different educational backgrounds and levels. Here are the main types of Indian Oil Educational Scholarship Scheme Programs:
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To qualify for the IOCL scholarship, applicants must meet specific eligibility requirements based on their chosen course of study. These eligibility criteria ensure that the Indian Oil Educational Scholarship Scheme reaches deserving students who require financial assistance to continue their education in various fields. The criteria are as follows:
Eligibility Criteria | Requirements |
---|---|
Nationality | The applicant must be an Indian citizen. |
Educational Qualification | For 10+2 Scholarship: Students must have passed the Class 10 board examination with at least 65% marks (60% for SC/ST/OBC/Girl students). For ITI Scholarship: Candidates must have completed their Class 10 exams with a minimum of 65% marks (60% for SC/ST/OBC/Girl students) and should be enrolled in a full-time ITI course. For Engineering (BE/BTech) Scholarship: Students should have passed Class 12 or a diploma with at least 65% marks and must be enrolled in a full-time Engineering course. For MBBS Scholarship: Candidates must have completed Class 12 with a minimum of 65% marks and secured admission in a full-time MBBS program. For MBA Scholarship: Applicants must have a graduation degree with at least 65% marks (in the qualifying exam) and must be enrolled in a full-time MBA program. |
Age Limit |
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Family Income | The annual family income of the applicant from all sources should not exceed ?1,00,000 - ?2,00,000, depending on the scholarship category. |
Reservation Criteria | Scholarships are reserved for different categories as per government regulations, including 49.5% for SC, ST, OBC, and 25% specifically for girl students. |
Enrolment Requirement |
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Also Read: SSP Scholarship
To apply for the Indian Oil Educational Scholarship Scheme, candidates must follow these steps:
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Applicants must provide a set of essential documents when applying for the Indian Oil Educational Scholarship Scheme to verify their eligibility. The required documents include:
Documents Required | Details |
---|---|
Passport-sized Photograph | A recent colour photo of the applicant. |
Academic Mark Sheets | Copies of the latest qualifying exam mark sheets (Class 10, 12, ITI, graduation, etc.). |
Income Certificate | Proof of annual family income issued by a competent authority. |
Caste Certificate (if applicable) | For candidates applying under SC/ST/OBC categories. |
Proof of Admission | Admission letter or fee receipt from the current educational institution. |
Identity Proof | Aadhar Card, PAN Card, or any valid government-issued ID. |
Bank Details | Passbook copy with account number and IFSC code for scholarship disbursement. |
Also Read: Prize Money Scholarship
The Indian Oil Educational Scholarship Scheme offers several significant benefits to eligible students: