TATA AIA PARAS Scholarship
TATA AIA Life Insurance · All India
| Scheme Name | TATA AIA PARAS Scholarship |
| Provided By | TATA AIA Life Insurance |
| Eligibility Summary | UG · Family income up to ₹5 Lakh/year |
There are multiple versions of this scheme — check if one of these fits you better:
About the Program
A CSR initiative by TATA AIA Life Insurance providing financial aid of ₹15,000 per year to undergraduate students across India.
Benefits & Financial Support
₹15k+
Selected students receive a fixed scholarship of INR 15,000 per year. This amount is intended to cover academic expenses such as tuition fees, exam fees, and other academic-related costs. Non-academic expenses like travel, food, or devices are not acceptable. The scholarship amount is typically disbursed directly to the beneficiary's bank account annually.
Fixed financial grant of ₹15,000 per year to cover tuition and college expenses.
Note: Children of TATA AIA and Buddy4Study employees are not eligible.
Eligibility Criteria & Income Limit
| Education Level | UG |
| Course / Stream | Commerce, Management, Data Science, Statistics, Economics, Banking, Insurance, Risk Management |
| Minimum Marks | 50% |
| Income Limit | Up to ₹5 Lakh/year |
| Category / Caste | General, OBC, SC, ST, EWS |
| Domicile State | All India |
Mandatory Documents Checklist
- ✓Class 12 Marksheet
- ✓Income Certificate (less than 5 Lakhs)
- ✓Admission Proof (Fee receipt/College ID)
- ✓Aadhaar Card
- ✓Bank Passbook copy
- ✓Disability or Caste Certificate (if applicable)
Selection Process
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Candidates are selected based on academic merit and demonstrated financial need, specifically targeting meritorious students from underprivileged backgrounds
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The scholarship is open to students enrolled in undergraduate professional programs, including but not limited to Commerce, Economics, Accounting & Finance, Banking, Insurance, Management, Data Science, Statistics, Risk Management, B.Com, B.Sc., BBA, BBI, and BA
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Special preference is given to transgender students, persons with disabilities, female students, and those belonging to SC/ST communities
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The applicant's annual family income from all sources must not exceed INR 5,00,000
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Students from across India are eligible to apply
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Children of employees of Tata AIA Life Insurance and Buddy4Study are not eligible.
Renewal Policy
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Renewal conditions are not explicitly detailed in the available official information for the TATA AIA PARAS Scholarship
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Typically, scholarships of this nature require students to re-apply annually and continue to meet the established eligibility criteria for consideration in subsequent academic years.
How to Apply Online
Applications are submitted online via Online. Complete eKYC, upload scanned documents, and submit before the closing date.
- 1Visit the Official Scholarship Page
Navigate to the 'Tata AIA PARAS Scholarship Program 2026-27' page on the Buddy4Study portal.
- 2Register/Login
If you are a new user, you must first register on Buddy4Study. Existing users can log in using their registered Email ID, Mobile Number, or Gmail account.
- 3Initiate Application
Click on the 'Show Interest' button or 'Start Application' to begin the application process.
- 4Fill the Application Form
Accurately provide all required personal, academic, and family details in the online form.
- 5Upload Documents
Upload scanned copies of all necessary documents. These typically include a passport-size photograph, proof of identity, Class 10 & 12 mark sheets, latest family income proof, current college/university fee receipt, student ID proof (or bonafide certificate), detailed fee structure, and a bank passbook (student's account or joint account with parent). If applicable, also upload caste certificates, disability certificates, death certificates/divorce decrees/affidavits (for orphans), or transgender identification proof/NGO letter.
- 6Review and Submit
Carefully review all the entered information and uploaded documents. Ensure everything is correct before clicking the 'Submit' button to complete your application.
- 7Track Application Status
After submission, you can usually track your application status by logging back into your Buddy4Study account and navigating to the 'Track Application Status' section, if available.
Common Questions (FAQs)
What are the primary eligibility criteria for the TATA AIA PARAS Scholarship?
The TATA AIA PARAS Scholarship is designed for undergraduate students pursuing professional courses. Key eligibility criteria include an annual family income not exceeding INR 5,00,000, and special consideration is given to transgender students, persons with disabilities, female students, and those from SC/ST communities. Applicants must be Indian citizens and not be children of Tata AIA or Buddy4Study employees.
How will the scholarship amount be disbursed and what expenses does it cover?
The scholarship provides a fixed amount of INR 15,000 per year. This fund is specifically for academic expenses such as tuition fees and examination fees. Non-academic costs like personal travel, food, or electronic devices are not covered. The scholarship amount is typically transferred directly to the student's bank account.
Which documents are essential for completing the TATA AIA PARAS Scholarship application?
Essential documents include a passport-size photograph, government-issued identity proof, Class 10 and 12 mark sheets, latest family income proof, current college/university fee receipt, student ID proof or a bonafide student certificate, detailed fee structure, and a bank passbook. Additionally, applicants should provide caste certificates (if applicable), disability certificates (if applicable), or relevant proofs for orphans/transgender individuals.
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Legal Disclaimer
IndiaScholarships.in attempts to provide accurate information manually curated from official sources. Scholarship details, timelines, and eligibility can change without notice as per the provider's discretion. Applying for a scholarship does not guarantee selection. Always verify all information on the official TATA AIA Life Insurance website before final submission.