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The Scholarship Program In Mirzapur District

The purpose of the scholarship program is to encourage clients to keep their well performing children in the school and to help them financially. Fifty scholarships are available annually in CMC branch (Mirzapur District). Based on their examination results at each level in the educational system, the applicant children are ranked. Fifty percent of scholarships are reserved for girl children, and other half are distributed to open competition. Till last year, this program was being run by CASHPOR Trust with the help of two staffs of the company which were lent to CASHPOR Trust. Now from the current financial year, this program will run by the company itself .
Details of scholarship programs are follows:

SI.No.

Category of Scholarship

Eligibility Criteria

Amount to be paid to each student

1.

Primary

Result of fifth standard.

Rs. 50/- only per student

2.

Upper Primary

Result of eighth standard

Rs. 50/- only per student.

3.

Upper Primary

Result of secondary standard.

Rs. 100/- only per student.

4.

Intermediate

Result of Higher secondary  Standard

Rs. 125/- only per student

IIn the year 2009-2010 Scholarships were awarded to 1064 Children under 34 branches of CMC. The total Expenditure during the last year was Rs.11,25,675/-. Out of these 1064 Children 602 were girls & 462 were boys. Financial support was provided in full by Cashpor  Micro Credit.