What is a student welfare program?

A student welfare program is an initiative designed to support students' needs, including financial assistance, mental health resources, and educational materials. Its goal is to help students succeed in their studies and overall well-being.

What is the student pocket money scheme?

The student pocket money scheme provides financial support to students, helping them cover small daily expenses like transportation, snacks, or school supplies. This scheme aims to ease the financial burden on students and their families.

What is the work of DSW in university?

DSW stands for the Dean of Student Welfare. The DSW in a university focuses on supporting students by addressing their academic and personal needs, providing counseling services, organizing events, and ensuring a positive campus environment.

What is the education scheme for poor students in Maharashtra?

Maharashtra has several education schemes for poor students, including scholarships, free textbooks, and financial aid for school fees. These programs aim to ensure that all children have access to quality education regardless of their economic background.

Who can apply for student welfare programs?

Typically, any student facing financial difficulties or requiring additional support can apply for student welfare programs. Eligibility may vary depending on specific criteria set by each program.

How do I apply for a student welfare scheme?

To apply for a student welfare scheme, you usually need to fill out an application form provided by your school or local education authority. You may also need to submit documents like proof of income or identification.

Student Welfare Scheme

The Student Welfare Scheme (SWS) in Madhya Pradesh is an initiative launched by the Tribal Affairs Department to support economically weaker Scheduled Tribe students. The scheme aims to assist these students in meeting emergency needs and providing financial help in special circumstances.

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Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.

What is the Student Welfare Scheme?

The Student Welfare Scheme (SWS) in Madhya Pradesh is a program designed to help students from economically weaker backgrounds, especially those belonging to Scheduled Tribes. The scheme provides financial assistance during emergencies and supports students in various situations to ensure they can continue their education without interruption.

Goals of the Student Welfare Scheme of MP

The main goals of the Student Welfare Scheme are:

Financial Support: To provide assistance for urgent medical needs and other emergencies.
Encouragement of Participation: To support students in participating in cultural, scientific, and sports events.
Aid for Disabled Students: To help disabled students with necessary resources, like tricycles.
Financial Assistance for Emergencies:
- Up to ₹25,000 for emergencies or untimely calamities.
- ₹10,000 for treatment of serious diseases such as cancer, tuberculosis (TB), and heart diseases.
Support for Participation in Events: ₹3,000 for students participating in art, cultural, intellectual, and scientific activities.
Aid for Disabled Students: ₹3,000 for purchasing tricycles for students with disabilities.
Assistance in Case of Death: Financial help of ₹25,000 is provided to families in the event of a student’s death.

Eligibility Criteria to Apply for Student Welfare Scheme

To qualify for the Student Welfare Scheme, students must meet the following criteria:

Be a native of Madhya Pradesh.
Be studying in Class 1 to 10.
Belong to the Scheduled Tribe category.
Be enrolled in a government or accredited educational institution.
Not have received financial support from any other government scheme for the same purpose.

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Application Process for Student Welfare Scheme

Students can apply for benefits under this scheme through the following steps:

Submit an application to the head of their school or institution.
Provide necessary documents, including:
- Passport-size photograph
- Aadhaar card
- Domicile certificate
- Caste certificate
- Income certificate
- Samagra ID
- Previous class passing marksheet
- Bank account details

Unique Triple Benefit

Future premiums paid by insurer on parent's death

Monthly income to fund child's education on parent's death

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Returns

Return as of Apr 2024
12%-15%
8.2%
7.1%

Availability

Availability
Girl Child or Boy Child
Girl child only
Girl Child or Boy Child

Max Entry Age
Upto 18 years
Upto 10 years
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Flexibility

Invested Amount can be Withdrawn after
5 years
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Conditions for Premature closure
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Penalty on Premature Closure
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Returns reduced to Post Office Savings rate
1% reduction in interest rate

Max deposit amount in an year
No Limit
1.5 Lacs
1.5 Lacs

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Low
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People also read: Sukanya Samriddhi Yojana

Benefits of the Student Welfare Scheme

Benefit	Description	Amount
Emergency Assistance	For untimely calamities or emergencies	₹25,000
Medical Treatment	For serious diseases like cancer and TB	₹10,000
Participation in Events	For art, cultural, scientific activities	₹3,000
Support for Disabled Students	Purchase of tricycles	₹3,000
Assistance in Case of Death	Financial help to families	₹25,000

People also read: Government Schemes for Girl Child

Conclusion

The Student Welfare Scheme in Madhya Pradesh is a vital program aimed at supporting Scheduled Tribe students facing financial difficulties. By providing financial assistance during emergencies and encouraging participation in various events, this scheme helps create a more equitable educational environment.

FAQs

What is a student welfare program?

A student welfare program is an initiative designed to support students' needs, including financial assistance, mental health resources, and educational materials. Its goal is to help students succeed in their studies and overall well-being.
What is the student pocket money scheme?

The student pocket money scheme provides financial support to students, helping them cover small daily expenses like transportation, snacks, or school supplies. This scheme aims to ease the financial burden on students and their families.
What is the work of DSW in university?

DSW stands for the Dean of Student Welfare. The DSW in a university focuses on supporting students by addressing their academic and personal needs, providing counseling services, organizing events, and ensuring a positive campus environment.
What is the education scheme for poor students in Maharashtra?

Maharashtra has several education schemes for poor students, including scholarships, free textbooks, and financial aid for school fees. These programs aim to ensure that all children have access to quality education regardless of their economic background.
Who can apply for student welfare programs?

Typically, any student facing financial difficulties or requiring additional support can apply for student welfare programs. Eligibility may vary depending on specific criteria set by each program.
How do I apply for a student welfare scheme?

To apply for a student welfare scheme, you usually need to fill out an application form provided by your school or local education authority. You may also need to submit documents like proof of income or identification.

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^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CARG 8%; ₹50,45,591 @ CAGR 4%
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¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
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^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.