CA BENEVOLENT FUND FOR STUDENT

Last updated: 05 January 2009

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Chartered Accountants Student Benevolent Fund - (01-01-2009)

The Board of Trustees of the Chartered Accountants Students Benevolent Fund have decided to launch a special scheme for financial assistance to the students who are currently undergoing articled training in accordance with the Chartered Accountants Regulations, 1988 and are poor and needy but meritorious requiring financial assistance to pursue the chartered accountancy course.

To begin with, a sum of Rs.1000/= per month will be granted as financial assistance to about 100 students.

The eligibility criteria for obtaining financial assistance from CASBF would be as under :-

Passed 10+2 examination with a minimum of 70 per cent marks
Passed Common Proficiency Test of ICAI in the first attempt
Currently undergoing articled training as per CA Regulations
Annual income of both parents from all sources be not more than Rs.1.50 lakhs.

The above criteria can be relaxed in deserving cases. Physically challenged students will however be given preference.

Students who are needy, poor but meritorious and are fulfilling the above criteria may come forward to avail this opportunity from the Chartered Accountants Students Benevolent Fund and may send their request in the prescribed form, duly completed, to the Member Secretary at the following address so as reach on or before 20th February 2009. The form can be downloaded from www.icai.org or can be had from Institute.

Students suffering from serious medical ailments may also apply for one time lump sum financial assistance, along with supporting prescriptions/documents/original bills etc. The Board of Trustees will consider each such case on merit basis and decide at their discretion the amount of financial assistance to be granted.

The Member Secretary
Chartered Accountants Students Benevolent Fund
C/o The Institute of Chartered Accountants of India
ICAI Bhawan, Indraprastha Marg, New Delhi-110002.

01st January, 2009

CA. Ved Jain
President

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