Announcement for Financial Assistance from Chartered Accountants Students Benevolent Fund

THE CHARTERED ACCOUNTANTS STUDENTS BENEVOLENT FUND (CASBF)

The Board of Trustees of The Chartered Accountants Students Benevolent Fund have decided to grant financial assistance to 200 students who are currently undergoing articled training in accordance with The Chartered Accountants Regulation, 1988 and are poor, needy but meritorious requiring financial assistance to pursue the Chartered Accountancy course @ Rs. 1500/- p.m. for one year with effect from October, 2010 to September, 2011 to be paid in lump sum.

The eligibility criteria for obtaining financial assistance from CASBF are be as under;

i)   Passed 10 + 2 examination with a minimum of 70 percent marks and Passed Common Proficiency Test of ICAI in the first attempt

or

Passed B.Com Examination of a recognized University with a minimum of 60% marks.

ii)   Currently undergoing articled training as per CA Regulations.

iii)   Annual income of both parents from all sources be not more than Rs. 1.50 lakh.

Students who are needy, poor but meritorious and are fulfilling the above criteria may apply for financial assistance from the Chartered Accountants Students Benevolent Fund. Students may send their request in the prescribed form, duly completed to the Member Secretary, Chartered Accountants Students Benevolent Fund at the following address so as reach on or before 1st August, 2011. The form can be downloaded from website of the Institute www.icai.org.

The Board of Trustees will consider each such cases on merit basis and decide at their discretion the amount of financial assistance to be granted.

Member Secretary Chartered Accountants Students Benevolent Fund C/o The Institute of Chartered Accountants of India, “ICAI Bhawan” Indraprastha Marg, New Delhi-110002 website - www.icai.org email : cabf@icai.in