Announcement for Financial Assistance from Chartered Accountants Students Benevolent Fund

The Board of Trustees of The Chartered Accountants Students Benevolent Fund have decided to grant financial assistance to 200 students (who are currently undergoing articled training in accordance with The Chartered Accountants Regulations, 1988 and are poor, needy but meritorious) requiring financial assistance to pursue the Chartered Accountancy course @ Rs. 1000/- p.m. for one year with effect from 1st April, 2012 to 31st March, 2013 to be paid in lump sum. 

The eligibility criteria for obtaining financial assistance from CASBF are as under:

i) Passed 10 + 2 examination with a minimum of 70 percent marks and also Passed Common Proficiency Test of ICAI in the first attempt

Passed B.Com Examination of a recognized University with a minimum of 60% marks.

ii) Currently undergoing articled training as per CA Regulations. 

iii) Annual income of parents from all sources be not more than Rs. 1.50 lakh.

Students who are needy, poor but meritorious and are fulfilling the above criteria may apply for financial assistance from the Chartered Accountants Students Benevolent Fund. Students may send their request in the prescribed form, duly filled in to the Member Secretary, Chartered Accountants Students Benevolent Fund at the following address so as to reach on or before 31st December, 2012. The form can be downloaded from website of the Institute www.icai.org.

The Board of Trustees will consider each such cases on merit basis and decide at their discretion the amount of financial assistance to be granted.