Home Canada Scholarships Prodigy Finance-GyanDhan Scholarship 2024 – Application, Eligibility & Deadline

Prodigy Finance-GyanDhan Scholarship 2024 – Application, Eligibility & Deadline

The Prodigy Finance-GyanDhan Scholarship stands as a shining example of such a bridge, offering financial support to deserving students who dream of pursuing advanced studies but face financial barriers. This collaborative effort between Prodigy Finance and GyanDhan embodies the spirit of access, opportunity, and empowerment.

GyanDhan Scholarship is a merit-based scholarship awarded to Indian students who demonstrate excellent academic record and exceptional potential. The scholarship is awarded to students planning to pursue postgraduate studies in Canada, UK and USA

  • Annually, only two scholarships are awarded with the Prodigy Finance-GyanDhan Scholarship. Shortlisting and selection is based on academic performance.
  • One scholarship will be awarded for an MS program and the second scholarship for an MBA program.
  • Selected student receive a fixed amount of 2500 USD at the beginning of the academic year
  • It is a one-time scholarship awarded to a student irrespective of his/her chosen course, or the country
  • Loan applications disbursed for an education loan from Prodigy Finance through GyanDhan will be considered for the scholarship, provided the student has filled and submitted the scholarship application before the deadline.
  • If the student has applied for the scholarship but did not go through with the education loan from Prodigy Finance will not be considered for the scholarship.

A Collaboration for Change

The Prodigy Finance-GyanDhan Scholarship is a result of the partnership between Prodigy Finance, a global platform that provides loans to international postgraduate students, and GyanDhan, a platform that assists students in obtaining education loans. This innovative partnership reflects a shared commitment to breaking down financial barriers and ensuring that talented individuals can access higher education opportunities regardless of their economic circumstances.

Check Canada Government-Funded Awards | Scholarships

Fostering Access to Higher Education

One of the primary objectives of the Prodigy Finance-GyanDhan Scholarship is to increase access to higher education for students who may not have the means to pursue their dreams without financial assistance. This scholarship program is designed to empower individuals from diverse backgrounds and provide them with the support they need to excel in their chosen fields of study.

Supporting Excellence and Potential

The Prodigy Finance-GyanDhan Scholarship recognizes and supports students who demonstrate not only academic excellence but also the potential to make a positive impact in their communities and beyond. These scholarships are awarded to those who exhibit strong leadership qualities, a passion for learning, and a commitment to contributing to society through their education and future endeavors.

Application Process and Criteria

The application process for the Prodigy Finance-GyanDhan Scholarship typically involves submitting an application form that includes information about the applicant’s academic achievements, extracurricular activities, leadership experiences, and a personal statement. The selection committee evaluates applicants based on their overall profile, potential for impact, and alignment with the scholarship’s mission.

Eligibility Criteria

To be considered for the Prodigy Finance-GyanDhan Scholarship, the applicants must meet the below mentioned requirements:

  • Citizenship– must be an Indian resident who has graduated from an Indian institution
  • Academic Qualification: must have an excellent academic record and strength of profile must be submitted.
  • Level of study: Commencing 2-year PG studies in one of the following countries
    • USA
    • Canada
    • UK
  • You must have accepted an offer from a university by the time we select a winner in September.

Note: Students who are yet to receive their admission letter can also apply for GyanDhan Scholarship.

Application Process

All the eligible candidates are required to fill up the online Prodigy Finance-GyanDhan Scholarship form. Applicants must submit all the required documents as specified.

The following steps must be followed while applying for Prodigy Finance-GyanDhan Scholarship

  • Step 1: Click on the scholarship link below and start the application
  • Step 2: Fill out the required details:
    • Your name
    • Email Id
    • Mobile number
    • Target Country
    • Target College
    • Target Course
  • Step 3- Upon filling out the form which is the first step for applying for the scholarship, wait for the next 24 hours to get the email where you can upload the documents

Read Cornell University Tata Scholarship

Required Documents

The applicants are required to submit the following documents to be eligible for the scholarship:

  • Offer letter from the university
  • Proof of GRE/ GMAT score
  • Proof of English language proficiency (TOEFL, IELTS)
  • Latest resume
  • Statement of purpose (in 1500 max)
  • letter of recommendation (Optional)

NOTE: Students can upload the Statement of Purpose submitted to their target university.

Selection Process

As the scholarship is purely merit based, only academic performance is considered while accessing the applications for scholarships. The selection will be based on the following criteria:

  • Academic performance
  • Test scores (GRE/ GMAT/ TOEFL)
  • Statement of purpose
  • Letter of recommendation
  • Strength of profile submitted

The selection committee will selected the deserving candidates based on the above mentioned criteria.

Grant Details

  • GyanDhan scholarship is beneficial to those students who are planning to take a study loan but as the banks don’t sanction the loan amount at a time, the scholarship will be a boon.
  • It is not applicable for students pursuing undergraduate courses, or going for conferences, and seminars.
  • The scholarship application must be submitted on or before August 31, 2023.
  • Students who have applied for the loan through GyanDhan and are approved for a loan from Prodigy Finance will be considered for the scholarship.
  • Students must display excellence in academics and extracurriculars in order to be selected for this scholarship.

Check Dean’s Scholarships for Academic Excellence

Contact details

Email Id- [email protected]
Address- First floor, 262, Westend Marg, Saiyad Ul Ajaib Extension, Saket, New Delhi, Delhi 110030
Enquiries- [email protected]
Complaints- [email protected]
References- https://www.gyandhan.com/prodigy-scholarship.

Important Links


The Prodigy Finance-GyanDhan Scholarship is a testament to the transformative power of collaboration, innovation, and education. By providing financial support and opportunities to talented individuals who might otherwise face financial barriers, this scholarship program serves as a beacon of hope and empowerment. As scholarship recipients go on to contribute to their fields, communities, and the world, they exemplify the impact that access to education can have on individual lives and society as a whole.

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