The Board may sanction the financial assistance of up to two children of the members of the fund below:
Sr.No | Standard / Course | Amount of Assistance |
---|---|---|
1 | Class 1 to 8 | (Rs.500/-PM (Rs.6000/ PA)) |
2 | Class 9 to 10 | (Rs 700/-PM (Rs.8400/ PA)) |
3 | Class 11 to 12 | (Rs 1000/-PM (Rs.12,000/ PA)) |
4 | Graduation level, ITI Course, Polytechnic Diploma (3 years) and Technical courses like MBA, Engineering, Medicine, etc | (Rs.1,000/-PM and reimbursement of tuition and hostel fees. |
5 | Competitive Exams | Supplementary education @ 75% of fees/cost incurred subject to a maximum of Rs. 50,000/- yearly per student. The students of class VII to VII & to those who have passed class XII not less than 2 years prior to the claim period but are preparing for Competitive exams shall be eligible. |
An application in Form-VII shall be submitted to the Member Secretary (BOCWWB) along with necessary documents for availing the assistance under the scheme. The Board if satisfied may sanction the benefit.