ICAI board members to grant financial assistance to 300 CA students

The Board of Trustees of The Chartered Accountants Students Benevolent Fund have decided to grant financial assistance to 300 students (who are currently undergoing articled training in accordance with The Chartered Accountants Regulations, 1988 and are poor, needy but meritorious) requiring financial assistance to pursue the Chartered Accountancy course @ Rs. 1000/- p.m. for one year with effect from 1st April, 2013 to 31st March, 2014 to be paid in lump sum, subject to filing of application for the same.

Financial assistance to 300 CA students: ICAI



  • Candidates must have passed 10 + 2 examination with a minimum of 70% of marks and also have Passed Common Proficiency Test of ICAI in the first attempt.


  • Candidates must have passed B.Com Examination of a recognised University with a minimum of 60% of marks.
  • Currently undergoing articled training as per CA Regulations.
  • Annual income of parents from all sources must be less 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 filled in to the Member Secretary, Chartered Accountants Students Benevolent Fund at the following address, so as to reach on or before 30th November 2013.

The form can be downloaded from website of the Institute www.icai.org.

The Board of Trustees will consider each of such cases on merit basis and decide at their discretion the amount to be granted from Chartered Accountants Students Benevolent Fund.

Contact Details:
Member Secretary,
Chartered Accountants Students Benevolent Fund,
C/ O The Institute of Chartered Accountants of India,
"ICAI Bhawan", Indraprastha Marg, New Delhi-110002,
Email : cabf@icai.in.

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