Propelld, a Bangalore-based FinTech startup specialising in education lending, today announced a scholarship worth 1 Cr. for 500+ postgraduate students.
Aligning with Propelld’s mission to democratise access to education, this initiative provides access to quality education and makes it affordable to needy students. Students who wish to pursue any Post-Graduation programs in the 2023-2024 batch will be eligible to apply for a scholarship of up to 60% of their total fees or a fixed sum of up to INR 200,000 and up to INR 100,000 of additional cash. All applicants who face financial hardship will also receive up to 10 Lakhs to finance their fees through credit lines
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Speaking about the initiative, Bibhu Prasad Das, Co-founder of Propelld, said, “Propelld wants to solve the problem of financing for students looking to pursue their ambitions through an education degree. To do that we take a forward positive approach of looking at students through the lens of their academic history and taking a bet on whether they would be able to do justice to the course they are pursuing. With this scholarship initiative, we would like to fulfil the dreams of deserving students who wish to pursue their education.”