ICAI Scholarship 2025: Financial Aid for CA Students Up to ₹5,000 per Month (Income Under ₹5 Lakh) — Apply Now
📍 Target Audience: CA Students (Foundation, Inter, Final)
💼 Application Status: Open All Year Round
🏠 Application Mode: Online (ICAI SSP Portal)
The Institute of Chartered Accountants of India (ICAI) has announced its Scholarship Scheme for 2025. Designed to support aspiring Chartered Accountants, this program provides monthly financial assistance to students enrolled in Foundation, Intermediate, and Final courses.
Eligible students can receive between ₹1,500 and ₹5,000 per month depending on their course level and merit standing. A unique feature of this scholarship is that there is no fixed deadline—the application window remains open throughout the year via the Self-Service Portal (SSP). If you are a CA student needing financial support, you can apply right now.
Scholarship Overview & Key Details
| Detail | Information |
|---|---|
| Provider | Institute of Chartered Accountants of India (ICAI) |
| Scholarship Name | ICAI Scholarship Scheme 2025 |
| Monthly Reward | ₹1,500 to ₹5,000 per Month |
| Target Audience | CA Students (Foundation, Inter, Final) |
| Application Status | Open All Year Round |
| Application Mode | Online (ICAI SSP Portal) |
Scholarship Categories & Rewards
The ICAI offers different scholarship tiers based on academic rank and economic need. Check the table below to see what you might qualify for:
| Category | Eligibility Criteria | Reward Amount |
|---|---|---|
| Merit Award (Final) | Rank holders (1st to 10th) of Intermediate Exam. | ₹5,000 / month |
| Economy Needy - Merit (Final) | Rank holders (11th to 50th) + Family Income < ₹5 Lakh. | ₹4,000 / month |
| Economy Needy (Final) | Registered for Final Course + Articleship + Family Income < ₹5 Lakh. | ₹2,500 / month |
| Economy Needy (Intermediate) | Registered for Inter Course + Family Income < ₹5 Lakh. | ₹2,500 / month |
| Economy Needy (Foundation) | Enrolled in Foundation + Family Income < ₹5 Lakh. | ₹1,500 / month |
Eligibility Criteria
To ensure the funds reach the right students, ICAI has set specific criteria regarding income and registration status:
- Registration: You must be validly registered in the respective course (Foundation, Intermediate, or Final).
- Articleship: For Final Course scholarships, students must have commenced their articleship training.
- Income Limit: For the "Economy Needy" categories, the annual income of parents must not exceed ₹5,00,000.
- Merit: For the Merit Award, only the top 10 rank holders of the Intermediate exam are eligible.
Verification Process (Crucial Step)
The application is not complete without verification. This is a one-time process done on the SSP portal regarding your income certificate.
- For Final Students (Articleship): Your Principal (under whom you are training) must verify and approve the income certificate on the SSP.
- For Foundation/Inter Students: A practicing Chartered Accountant must review and approve the income certificate on the SSP.
How to Apply
The entire process is digital. Follow these steps to submit your claim:
- Log In: Visit the ICAI Self Service Portal (SSP).
- Select Function: Go to "Student Functions" and select the "Scholarship Application Form."
- Review Details: Most details will be auto-filled. Check them for accuracy.
- Submit: Click submit. An email will be sent to your verifier (Principal or CA).
- Get Verified: Ensure your verifier approves the request on their portal to finalize your application.
Required Documents
Keep these ready before logging in: * Cancelled Cheque (for bank details). * Income Certificate/Proof. * Financial Details.
Official Application Link: Click Here to Login to ICAI SSP
⏰ Valid Through: 2026-02-03 (IST)
🆔 ID: SCH-20251205131703-5170