Niyo Scholarship: $20,000 for Indian Students planning to Study Abroad
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Are you an Indian student dreaming of studying abroad? Niyo is giving away 10 $2,000 scholarships to help you make it happen! Whether you’re a top student, facing financial challenges, a budding innovator, or a passionate social worker, you could qualify. Just download the Niyo app, get your card, and apply. It’s that easy! Don’t miss this chance to fund your international education.
What is the Niyo Scholarship Program?
Niyo is offering 10 scholarships, each worth $2,000, to outstanding Indian students who are Niyo cardholders. Whether you’re an academic powerhouse, facing financial hurdles, brimming with innovative ideas, or a dedicated social worker, the Niyo Scholarship could be your key to unlocking a world-class education.
Top Questions Answered: Your Guide to the Niyo Scholarship
We understand you might have questions. Here’s a breakdown to address the most common ones:
1. Who can apply?
- Indian students starting their studies abroad in Fall 2024 (between July and September). This includes both bachelor’s and master’s programs.
- Parents can apply on behalf of their minor children pursuing a bachelor’s degree.
2. What countries are eligible?
- Indian students starting their studies abroad in Fall 2024 (between July and September). This includes both bachelor’s and master’s programs.
- Parents can apply on behalf of their minor children pursuing a bachelor’s degree.
3. Is academic merit the only factor?
- Absolutely not! We celebrate well-rounded individuals. Here’s how you can qualify:
- Merit: Stellar academic performance is always impressive.
- Financial Need: Facing financial limitations? We understand. Explain how the scholarship would make a difference.
- Innovation: Pioneered a groundbreaking project? Showcase your ingenuity!
- Social Work: Actively involved in social or environmental causes? Let your dedication shine.
- Sports– Great Sportsman, we will support your academics
4. How to Apply:
- Download the Niyo app .
- Enter Ref Code
- Get your free Niyo card .
- Watch for the scholarship button on the Niyo app homepage (will appear once you complete the card order process).
- Click on the button to access the application form.
- Fill out the form and submit your application.
4. Why Apply for the Niyo Scholarship?
There are several compelling reasons to join the Niyo Scholarship race:
- Financial Support: Each scholarship provides a substantial $2,000 to ease your educational expenses abroad.
- Recognition: Be acknowledged for your academic excellence, innovative spirit, or dedication to social good.
- Easy Application: The entire process is conveniently accessible through the user-friendly Niyo app.
5. Can I apply if I already have another scholarship?
- Yes! The Niyo Scholarship is designed to be stackable with other financial aid awards you might receive. This means you can combine the Niyo Scholarship award with your existing scholarship to maximize your financial support for your studies abroad.
Don’t miss out on this incredible opportunity! Download the Niyo app, get your card, and be ready to apply for the scholarship.
What is Niyo-
Niyo is an Indian fintech that provides banking innovative products to make Indians travel internationally easier. The Niyo card is a revolutionary alternative to traditional forex cards and cash currency exchange. Enjoy zero forex markups, no transaction fees, and no annual charges. Use it seamlessly as a debit card in India and for international transactions in over 180+ countries.
What is the Niyo Card?
Niyo Debit Card is a debit card that comes with the Niyo savings account opened at one of Niyo’s partner Banks ( DCB, SBM, and Equitas). This account and card functions similar to any other Indian savings account and debit card with standard features. The unique aspect of Niyo card is that it can be used in 190+ countries without incurring any forex markups or other charges.
Why Choose Niyo for Your Study Abroad Journey?
- Save Up to ₹1 Lakh per Year: With zero forex markups, you keep more of your money for tuition, living expenses, and adventures.
- Fastest Way to Get Money from India: No extra charges for international transactions, making it a breeze to manage your finances abroad.
- Free Cash Withdrawals: Access your funds easily for daily expenses, wherever you are.
- Earn Up to 8% Interest on Niyo Account balance: Grow your savings while you study with Niyo’s high-yield savings account.
Problem with other cards
Generally, if you get the money transferred abroad with a forex card or bank transfers you will have to pay heavy forex markups, taxes and other hidden charges every time. All these are waived off in this card for lifetime.
Example:
- Suppose you are studying in USA and let’s say the current Dollar to INR rate is ₹80 per dollar. You swipe your Niyo card at coffee shop for $10. Only ₹800 (80 x 10) will be deducted from your Niyo account – that’s it! No hidden fees or markups.
- This will help you save at least up to 5% on your entire education budget
Key Features of Niyo
- 💁Zero Forex charges on all International spends in foreign
- 🙅No Joining Fee or Minimum Balance required
- 📖Free ATM Withdrawals Abroad ( withdrawal fee reversed in form of Niyo Coins )
- 💮Free Airport Lounge Access across the globe ( on spending more than 50k with Niyo Card)
- 💸Load and unload money with Gpay/PhonePay/UPI 24×7″ without any charges
- ⌚24/7 In-app Chat Support: Get assistance whenever you need it, right from your phone.
Student Exclusive offers on the Niyo app.
- ISIC card worth ₹999 for exclusive student discounts across the globe
- Refer 5 friends and earn free lounge access at international terminals in India
How to add money to your Niyo Card?
- Just like you add money to your savings account via UPI, Bank transfer, in the same way you will get Niyo account details in the niyo app and you can withdraw or deposit money to the Niyo account 24×7 without any charges.
- You’ll also earn upto 8% interest on the account balance
Read more about Niyo at www.goniyo.com
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