Income cap for post-matric scholarship now Rs 8 lakh

Thane | Thursday | 10th January, 2019

Summary:

MUMBAI: The state government has raised the annual family income cap from Rs 30,000 to Rs 8 lakh for students wanting to avail of the post-matric scholarship scheme. “Why would someone with an annual income of Rs 8 lakh need the scholarship? “The current family income cap is very low and as a result of it a lot of deserving candidates do not get a chance. This means the scholarship will no longer be need-based,” said Shyam Sonar, a city-based education activist. This will affect students who are most in need of scholarship..