Mumbai, Oct 29: Federal Bank has announced the opening of applications for its Federal Bank Hormis Memorial Foundation Scholarships for the academic year 2026–27. Instituted in memory of the Bank's visionary founder, Late K. P. Hormis, the scholarship program aims to support meritorious students from economically weaker sections in pursuing professional and higher education.
The Foundation invites applications from students who have secured admission in the first year for the academic year 2026-27 of select professional courses, including MBBS, BDS, BVSc, BE/BTech/BArch, B.Sc. Nursing, B.Sc. Agriculture, and MBA/PGDM.
The scholarship is open to students who are native to the states of Andhra Pradesh, Gujarat, Karnataka, Kerala, Maharashtra, Tamil Nadu, and Telangana. Additionally, the scheme extends to dependent wards of martyred Armed Forces personnel and speech/vision/hearing-impaired students who have secured admission to recognized undergraduate or professional courses.
Under the program, selected candidates will receive reimbursement of 100% of tuition fees and other educational expenses, subject to a maximum of ₹1 lakh per year, throughout the normal course period. Students are also eligible for one Laptop, or Tablet during their course of study, with reimbursement up to ₹40,000 for a laptop and ₹30,000 for a tablet.
Rajanarayanan N, Chief Human Resources Officer, Federal Bank said that
“At Federal Bank, we believe that no deserving student should be denied access to quality education due to financial constraints. Through the Federal Bank Hormis Memorial Foundation Scholarships, we seek to support talented and determined young individuals in pursuing their academic aspirations and building a brighter future. This initiative reflects the banks enduring commitment to doing our bit for inclusive growth”.
The last date for submission of online applications is December 31, 2026.