National Education Day 2022: Over 500 students receive scholarships from M3M Foundation

NEW DELHI: M3M Foundation awarded a total of 556 scholarships to students from different categories based on their academic excellence under the 'Saakshar Scholarship'. The scholarships were announced on National Education Day.

The Foundation received 1,557 applications from 26 states and union territories across the country in the categories including foundation, preparatory, middle, secondary, senior secondary, bachelors, and masters. The applications of 556 students was shortlisted on the basis of their academic credentials. 56 girls received a lifetime education support while 44 girls from the families of construction workers have been identified for the same, under M3M foundation’s initiative Buniyaad.

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The beneficiaries belong to low income families with an average income of Rs 80,000. The senior secondary category saw the highest 66 percent share, including 37 percent girls having majority of the scholars from West Bengal, Karnataka followed by Maharashtra and Telangana. The professional course scholarships were awarded to 24 percent of the candidates, of which 70 percent were girls with a majority of scholars from Karnataka and Maharashtra.

The Saakshar scholarship aims to provide affordable and quality education in line with the sustainable development goal no. 4. Under the Buniyaad programme, with the purchase of each flat by the buyer or customer, the foundation takes the onus of educating one girl child for her entire academic life.

Talking about the initivative, M3M Foundation, trustee, Payal Kanodia said: "We are dedicated to work towards bringing education to those, who doesn't have access to it. We have been adopting innovative sustainable models to address the existing social inequalities around us. “Saakshar” is our signature programme meticulously designed to address the core issue of inaccessible and unaffordable education. As I always believe, education is the movement from darkness to light."

"We look forward to these students coming out with flying colours and contribute to the country's development." she added.