The PARAS Scholarship Programme, an initiative by TATA AIA Life Insurance Company Limited, supports meritorious and underprivileged students pursuing higher education in professional fields. This one-time scholarship aims to ease financial burdens for students in graduation, postgraduation, or PG diploma courses in Commerce, Economics, Accounting & Finance, Banking, Insurance, Management, Data Science, Statistics, Risk Management, and related disciplines. By providing financial assistance, the programme helps deserving students continue their education without interruption, fostering academic and professional growth.

Indian students enrolled in the first year of graduation, postgraduation, or PG diploma courses in professional fields like Commerce, Economics, Accounting & Finance, Banking, Insurance, Management, Data Science, Statistics, or Risk Management are eligible. Applicants must demonstrate financial need, typically with a family income below ₹2.5 lakh per annum. Merit criteria may include academic performance in the qualifying examination. Priority is often given to students from SC, ST, OBC, EWS, or PwD categories, though specific conditions are listed on the official scholarship page.

Applications are submitted online through the official scholarship portal listed on Buddy4Study. Begin by registering on the portal, then fill out the application form with personal, academic, and financial details. Upload required documents such as income certificates, mark sheets, caste certificates (if applicable), and admission proof. Ensure all information is accurate before submitting. Shortlisted candidates may be called for further verification or interviews. The official page provides step-by-step instructions and updates on the selection timeline.