Odisha HRD

2007-08 budget: Means-Cum-Merit Scholarships

February 28th, 2007

The following is from the 2007-08 budget speech:

Means-Cum-Merit Scholarships

20. While the SSA has improved the enrolment ratio in schools to 96 per cent, the drop out ratio continues to be high. The critical year appears to be transition from class VIII to class IX. In order to arrest the drop out ratio and encourage students to continue their education beyond class VIII, I propose to introduce a National Means-cum-Merit Scholarship Scheme. Selection will be made through a national test from among students who have passed class VIII. Each student will be given Rs.6,000 per year for study in classes IX, X, XI and XII. I propose that 100,000 scholarships may be awarded every year. In order to fund this programme, I intend to create a corpus fund of Rs.750 crore this year, and add a like amount to the fund every year over the next three years. Accordingly, a sum of Rs.750 crore will be placed with the State Bank of India, and the yield from the fund will be used for awarding the scholarships.

I like the above provision, especially the number of scholarships and the “means” aspect of it. What exactly the “means” cut-off would be remains to be seen. If this scholarship allows poor motivated students to chose the school of their choice then it will be similar to the voucher system used in Michigan. One worry is that the poor students will use the scholarship money for their family expenses and not for their educational expenses. I would also suggest that the number of scholarships be increased by at least 10% every year and the corresponding amout added to the corpus every year. Besides, private donations to the corpus should be encouraged and as the corpus grows the number of scholarships should grow.

Entry Filed under: Central University of Orissa, Koraput,Fellowships and Scholarships,K-12