Foundation for Academic Excellence and Access on selection of student for the FAEA scholarship, provides financial aid for completion of undergraduate courses which includes tuition fee, maintenance allowance or hostel/mess charges and other allowances to cover travel, clothing and book purchase.
The continuance of scholarship and amount of scholarship is, however, subject to good academic performance and availability of funds. Award amount is determined by FAEA to ensure compliance with budgetary guidelines.
Scholarships may be for up to a maximum of five years.
All grants must be renewed annually, based on the Scholar’s progress and budget proposal. Students must engage in full-time study and be enrolled in formal degree program.