Vidyanidhi Fund
We supported 200 students for education in 2019-20 from this fund
Provision of educational assistance was one of the earliest charitable initiatives of the Sabha. This began with the launch of the ‘Book Loan Scholarship’ Scheme under which note books were given free and text books on loan to student applicants from economically weaker sections of our community. Initially this Scheme covered students upto High School only. Later, it was extended to degree courses also. It is recorded that the Scheme was put on a sound footing through the establishment of an Endowment Fund, mainly as a result of the efforts of our Mahila Shakha members and the services rendered by the Late Shri Bola Narasimha Kamath who helped us a lot by raising donations through his influence.
The distribution/loan of books was discontinued and instead, the Scheme was used to give cash assistance for books and uniforms. In line with the change in nature of assistance, the ‘Book Loan Scholarship Scheme’ was re-christened as the ‘Educational Assistance Fund’ in 1991-92 and further as the ‘Vidyanidhi Fund’ in 1993-94.
This Fund is used to disburse educational assistance to the needy members of our Community. Assistance is given to school students from Std I to X, under-graduate and graduate college students and students pursuing post graduate/professional courses. Students from Mumbai, Thane District and Navi Mumbai are eligible to receive this assistance.
The details of assistance given in FY 2019-2020 is as under :
Total Number of students
School students
College students (upto Graduate)
Post-Graduate/Professional students
Total
Total Number of students
103
72
25
200
Total Amount
2,06,000
1,80,000
1,25,000
5,11,000
Vidyanidhi & Higher-Education Common Education Assistance Form Now Available GSB Sabha Mumbai announces its Common Education Assistance Form AY 21-22 for Vidyanidhi and Higher Educational Assistance. Kindly note this is not a merit scholarship. We request students in need of educational assistance to apply on or before October 31st 2021.
Applications are invited online using the form below. Please read the instructions on the form carefully and keep all documents ready and scanned before you begin the application.