Amounts and Financial Benefits for Oasis Scholarship

The Oasis Scholarship is an important financial assistance scheme provided by the Government of West Bengal to students belonging to the Scheduled Castes (SC), Scheduled Tribes (ST), and Other Backward Classes (OBC). It is a scholarship scheme which covers different educational heads, thereby enabling students to pursue higher studies without burdens. We are going to discuss various amounts provided under the Oasis Scholarship, the payment schedule for 2024-2025, and different financial benefits provided for different categories of students. Then, we are going to answer some questions regarding the issue of the scholarship’s payment process so that you may understand it better.

The Oasis Scholarship has differential quantitative doles according to the caste category of the student, which may be SC, ST, or OBC, at different educational levels and according to whether a student is studying in India or abroad. The amount is meant to cover tuition fees, maintenance costs, and other education-related expenses.

This scholarship is provided to students in Classes 9 and 10. It would help students in continuing their education at the secondary level by covering the finances of these students partially.

This scholarship is for students who have passed Class 10 and are pursuing higher education-classes 11 and 12, undergraduate courses, and postgraduate courses.

Students of professional courses such as engineering, medicine, law, etc. are granted scholarships in higher amounts to cover the course fees. These quantities vary depending on the course and institution.

The amount of scholarship awarded is generally paid in installments over the entire academic session. For the session 2024-2025, a fixed schedule for such payments will ensure that students receive their financial aid in time for educational expenses.

The application period typically closes in late November or early December. For this reason, students will be encouraged to submit an application before the deadline date to prevent delays in issuing scholarships funds.

Verification of applications includes going through the eligibility criteria and documents of all applicants, which generally takes a few months, usually ending in February.

The first payment of the scholarship usually commences in March or April of the academic year. This is done to cover some of your tuition fees and living expenses.

The second installment released in June or July covers additional school expenses and the remaining tuition fees.

The Oasis Scholarship offers tuition fees, book expenses, and maintenance costs as financial benefits to students belonging to SC, ST, and OBC categories to meet their education-related needs. This scholarship is, in fact, a real boon to the students who hail from economically weaker sections, especially, as it covers almost all financial expenses related to education. They can now pursue quality education with considerable ease.

Since hostellers have to pay for living and accommodation, they are given more significant amounts of scholarship compared to day scholars. In the post-matriculation level, SC/ST hostellers get ₹ 1,200 per month and OBC hostellers can get ₹ 750 per month.

The Oasis Scholarship fund gets transferred directly into the bank account of students under the DBT system. As a matter of fact, it makes the operation pretty transparent and cuts off the middlemen from handling the funds.

For getting the scholarship under Oasis, a student has to maintain a bank account which is linked to his Aadhaar card. Any discrepancy in this regard will create problems in getting the scholarship amount in time.

Verification in the form of the disbursed amount of the scholarship, along with the date on which the amount is credited to the bank account, is provided through SMS and email alerts. The contact details provided at the time of registration must be accurate.

To conclude, the Oasis Scholarship is one of the most valued and lucrative scholarships for students in the SC, ST, and OBC categories of West Bengal toward pursuing higher education. A proper understanding of amounts and payment schedules can definitely help students plan better and avoid any delays in receiving scholarship funds. The scholarship will greatly help reduce the load of money on the student for betterment, enabling students to focus on their studies and ultimately create a better future for themselves and their families.