All You Need to Know About SBP Merit Scholarship Scheme 2021-22

The State Bank of Pakistan (SBP) has announced SBP Merit Scholarship Scheme 2021-22 for the talented children of its serving, retired, and deceased employees.

According to details, the scholarships will be offered to eligible students pursuing intermediate, graduate, post-graduate, and diploma programs.

Here is all you need to know about the SBP Merit Scholarship Scheme 2021-22:

Eligibility Criteria

• Children of SBP employees (serving/retired/deceased) up to OG-2 level who have passed their last exam (matric/O-level/inter/A-level/graduation/diploma) with at least 60% marks or a minimum B grade.
• In the case of grades mentioned in GPA/CGPA format, applicants must provide a certificate from the concerned institution stating the grading policy.
• The applicants must have secured admission in recognized educational institutions in 2020 or afterward.
• They must not be availing any other scholarship when applying for this scholarship.
• The applicants must clearly state the duration of the degree program along with documentary evidence from the concerned educational institute.
• The minimum duration of diplomas should be at least 6 months.

Recognized Educational Institutes

The scholarships will only be awarded to applicants enrolled in educational institutions recognized by the following educational bodies:

• Higher Education Commission (HEC)
• Inter Board Committee of Chairmen (IBCC)
• Pakistan Engineering Council (PEC)
• Pakistan Medical Commission (PMC)
• Technical & Vocational Training Authority (TEVTA)
• National Vocational and Technical Training Commission (NAVTTC)
• All other educational boards

Financial Benefits

Program	Amount Per Month (Rs.)
Intermediate	6,160
Graduate	7,840
Post-Graduate	11,200

How to Apply

Eligible candidates are required to send the hard copy of the filled application form to the Senior Joint Director-EBD, Human Resources Department, State Bank of Pakistan, I.I. Chundrigar Road, Karachi.

Deadline

The last date to apply for the SBP Merit Scholarship Scheme 2021-22 is 30 March 2022.

Application Form

Here is the application form.