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GUIDELINES FOR PROVIDING FINANCIAL ASSISTANCE

FROM ‘ICSI STUDENTS EDUCATION FUND TRUST (ICSI-SEFT)’ (updated upto July 4, 2022)

The Council of the Institute in its 182nd meeting held on 31.08.2008 had approved

creation of ‘ICSI Students Education Fund Trust’ with the following objectives: -

OBJECTIVES

a) To financially assist the economically backward students as part of its social

responsibility.

b) To promote/encourage academically bright students to attract the best

available talent to the profession.

CRITERIA FOR FINANCIAL ASSISTANCE (applicable w.e.f. 1st July 2020)

Students who shall be starting the CS Course from CS Executive Entrance Test

(SWEET) fulfilling the relevant criteria given below are eligible to apply for financial

assistance under the Scheme. The applications are required to be lodged in the

prescribed form.

Such students shall be eligible for a refund of the CSEET Registration Fee on the basis

of the percentage of marks scored in Class XII or Graduation and they may continue

to avail of the benefits for subsequent stages of the CS Course on passing the

examinations of respective stages in the first attempt and first available

opportunity. 


EXCLUSIONS/DISCRETION OF THE INSTITUTE

(i) The eligibility for financial assistance/ grant to any student would be subject

to the absolute discretion of the Institute subject to the availability of funds

and other various factors and fulfilling the criteria laid down under these

guidelines do not give the students any automatic right to get such

assistance.

(ii) The students who have been granted any other Scholarship / Assistance

by the Institute through other Schemes of the Institute like Merit

Scholarship, Merit-cum-Means Assistance Scheme, or any other Scheme,

would only be eligible for the shortfall in the total financial assistance, if

any, under this Scheme.

(iii) Any conditions contained under these guidelines may be relaxed by the

Executive Committee of the Council of the Institute, if needed.

(iv) The financial assistance/ grant will be considered upon receiving a specific

requests from the concerned students and the students will have to pay the

full fees first pending consideration of their eligibility under the Scheme.

He/she is required to apply in the prescribed application form. If his/her

application is approved, the fees paid by him/her shall be refunded.

(v) Students aspiring to avail financial assistance under ICSI-SEFT are

required to submit the application with the desired documents within six

months from the date of passing CSEET or within six months from the

month of registration in Company Secretaryship Executive / Professional

Program, as the case may be. Applications received at the Institute

after the expiry of the six months shall not be entertained. The student

concerned is firstly required to make all full payments of the requisite fees

and then submit his/her claim for refund to the prescribed application form.

If found eligible, his/ her fees will be refunded. 

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