₹1 Lakh a Year, Plus a Laptop: Federal Bank Opens Hormis Scholarship, Apply by 31 December

First-year students in professional courses can now claim up to ₹1 lakh a year towards their fees under the Federal Bank Hormis Memorial Foundation Scholarship 2026-27, with the online form open till 31 December 2026. Federal Bank announced the 2026-27 round this week, and the scheme is meant for meritorious students from weaker economic backgrounds who have just started a professional degree. The award is named after the bank’s founder, late K. P. Hormis, and it runs for the normal duration of the course, not just the first year.

Which courses and states are covered

The scholarship covers first-year admission in 2026-27 to MBBS, BDS, BVSc, BE, BTech, BArch, BSc Nursing, BSc Agriculture and full-time MBA or PGDM. Admission must be on merit in a government, aided, government-recognised self-financing or autonomous college.

Only students who are natives of seven states can apply: Andhra Pradesh, Gujarat, Karnataka, Kerala, Maharashtra, Tamil Nadu and Telangana. Two wider groups are also covered under the same scheme. Dependent wards of martyred Armed Forces personnel admitted to these courses can apply, and speech, vision or hearing impaired students admitted to a degree or professional course can apply as well. One seat in each discipline is kept aside for physically challenged students, and if no application comes in that category, the seat goes to the general category.

What the ₹1 lakh a year actually pays for

Selected students get reimbursement of 100% of tuition fees and other eligible education expenses, subject to a ceiling of ₹1 lakh a year. So if your yearly fee and eligible expenses add up to less than ₹1 lakh, the reimbursement covers that amount. If they add up to more, the payment stops at ₹1 lakh. The award continues through the normal course period, which matters for long courses like MBBS and BTech, where fees repeat every year. One laptop (up to ₹40,000) or one tablet (up to ₹30,000) during the course is also covered, within the same ₹1 lakh yearly ceiling, not on top of it.

No deserving student should miss out on good education only because money is short. That is the simple idea behind this scholarship, and it is why the award covers the full fee, not a token amount.

The income rule students must check first

Family income from all sources must not be more than ₹3 lakh a year. This is a strict cutoff, and it is lower than many other national scholarships, so check it before you spend time on the form. The income rule does not apply to dependent wards of martyred Armed Forces personnel. Everyone else needs to be ready with income proof in the format the portal asks for, since a form without valid proof is likely to fail verification.

Students comparing options should note the difference. The AICTE Saraswati Scholarship for girls in BBA, BCA and BMS allows family income up to ₹8 lakh, but it pays a fixed ₹25,000 a year. The Hormis award has a tighter income limit and a shorter course list, but it pays far more per student.

How to apply on the official portal

The application is fully online. Apply only through the bank’s own scholarship portal, and be careful with the address, since it carries a port number that most forms do not have.

• Confirm you are a first-year student admitted in 2026-27 to one of the listed courses, and that you are a native of one of the seven states.
• Keep your admission proof, income certificate, and identity and bank details ready before you open the form.
• Fill the form on the Federal Bank Hormis Memorial Foundation Scholarship Portal and submit it before 31 December 2026.
• Check the details twice before you submit, since a wrong course, state or income entry can block the claim later.
• For help, the scheme notice lists 0484-2201421 and 0484-2201402, and full details are also linked from the Federal Bank CSR page.

Do not wait till the last week of December. Portals slow down near deadlines, and a form filed early leaves time to fix a rejected document. Medical students in the seven states can also look at the Winnie Sun Scholarship for girls in MBBS, while the wider list of open awards sits in our scholarships section. Each scheme has its own course list and income rule, so match your details before you apply.

Frequently asked questions

Who can apply for the Federal Bank Hormis Scholarship 2026-27?

First-year students admitted in 2026-27 to the listed courses, who are natives of the seven states, with family income up to ₹3 lakh a year. Dependent wards of martyred Armed Forces personnel and speech, vision or hearing impaired students are also covered.

How much does the Federal Bank Hormis Scholarship pay?

Up to ₹1 lakh a year towards tuition fees and eligible expenses, for the normal course duration. One laptop (up to ₹40,000) or tablet (up to ₹30,000) is covered within that limit.

What is the last date to apply for the Hormis Scholarship 2026-27?

The last date to submit the online application is 31 December 2026, through the Federal Bank Hormis Memorial Foundation Scholarship Portal.

Is there an income limit for the Hormis Scholarship?

Yes. Family income from all sources must not exceed ₹3 lakh a year. The income rule does not apply to dependent wards of martyred Armed Forces personnel.