Donation
Scholarship 2018-06-03T10:22:22+00:00

Scholarship Programme

In order to stop the dropout of children of the poor members, IDF introduced this program with the Award Money of US$ 10,000 (Taka 6,00,000) from Grameen Foundation USA in 2004. Grameen Foundation USA was very pleased at the use of “Award Money” and success of scholarship program and added US$ 1,00,000 to this fund in 2006. The scholarship fund is mainly created with these two funds. 

The details of scholarship program are as follows.

Objectives

  1. Provide financial support to the children of poor families, particularly IDF members to get access to education.
  2. Encourage children to make good result
  3. Contribute to human resources development of the country

Eligibility

  1. Children of grade 3 to undergraduate level.
  2. At least 60% marks in the last annual exam in case of class III-X.
  3. Grade-A in SSC, HSC and undergraduate and graduate levels.

Source of Fund

  1. Income from
  2. GFUSA Award Money
  3. GFUSA grants
  4. IDF contribution
  5. Others

Selection Procedure

  1. Applications are received by branch manager with the help of field organizers;
  2. Results of last annual exam, performance in the class and manners are mainly considered during the selection ;
  3. Scholarship Committee selects new students and reviews the old one for renewal of scholarships.
In 2016, IDF provided Tk. 8,78,000 to 320 students. The details are shown in Table 24-26.

Table :  Number and amount of scholarships by class per year

Class No. of Students Amount of Scholarship/ month/student Scholarship in 2015 (Tk.) Books and other materials (Tk.) Total (Tk.)
III – V 120 100 1,44,000 24,000 1,68,000
VI – VIII 90 150 1,62,000 45,000 2,07,000
IX – X 50 175 1,05,000 50,000 1,55,000
XI – XII 40 300 1,44,000 40,000 1,84,000
Undergraduate (4 years) 20 600 1,44,000 20,000 1,64,000
Total 320 1325 6,99,000 1,79,000 8,78,000

Table : One time Scholarship provided 

Year Class No. Amount
 2005 HSC 15 15,000
2006 HSC 20 20,000
2007 SSC 20 20,000
2008 SSC 20 20,000
2009 SSC 30 30,000
2010 SSC/HSC 20 20,000
2011 SSC/HSC 10 10,000
2012 SSC/HSC 10 10,000

Total : Year wise scholarship 2005-2016  (Regular)

Year No. Amount Cumulative
2005 26 54,000 54,000
2006 50 104,000 158,000
2007 60 168,300 3,26,300
2008 192 386,700 7,13,000
2009 192 390,900 11,03,900
2010 278 752,300 18,56,200
2011 306 770,300 26,26,500
2012 314 842,800 34,69,300
2013 316 8,11,600 42,80,900
2014 320 8,78,000 51,58,900
2015 320 8,78,000 60,36,900
2016 320 8,78,000 69,14,900
Total 2694 60,36,900