Wed Jul 02 17:14:39 UTC 2025: Okay, here’s a summary of the provided text and a rewritten version as a news article:
**Summary:**
The Shibulal Family Philanthropic Initiatives (SFPI) aims to award 100,000 scholarships over the next four years through its Vidyadhan program. The scholarship program supports underprivileged students from class 11 through graduation. It offers financial assistance of ₹10,000 to ₹75,000 per year. In addition to financial aid, Vidyadhan provides training, career guidance, and skills development. The program has already significantly impacted thousands of families, with a study showing that graduates earn three times their scholarship amount in their first year, lifting families out of poverty.
**News Article:**
**SFPI’s Vidyadhan Scholarship Program to Reach 100,000 Students by 2029**
**Bengaluru, July 2, 2025** – The Shibulal Family Philanthropic Initiatives (SFPI) announced today its ambitious goal of awarding 100,000 scholarships to economically disadvantaged students across India over the next four years through its Vidyadhan program.
The Vidyadhan scholarship program, currently active in 22 states and Union Territories, supports students from class 11 through graduation with scholarships ranging from ₹10,000 to ₹75,000 annually. In addition to financial assistance, the program offers residential training, career guidance, and employability skills development.
“At SFPI, we believe education is the greatest equaliser with the power to transform both individuals and the nation sustainably. We aim to give 1,00,000 scholarships to meritorious, economically disadvantaged students across all States,” said Kumari Shibulal, founder and chairperson of SFPI. Shibulal noted that the program’s transparency and its ‘Each One Teach One’ model have fostered external sponsorships, enabling faster expansion.
Vidyadhan has already made a significant impact, having awarded 63,000 scholarships and impacted over 17,000 families. In the 2024-25 academic year, it supported 4,900 students in post-school and intermediate education, offering scholarships for MBBS, engineering, and other courses. The program expects to support 13,000 students by the end of the 2025-26 fiscal year.
According to SFPI, the program’s reach includes 5% specially-abled students, 90% from rural areas, and 60% girls. An IIM-K study highlighted the program’s effectiveness, revealing that Vidyadhan graduates earn a first-year salary three times the scholarship amount, and within one to two years, 100% of scholarship recipients’ families escape poverty. The program also benefits up to three family members through financial support, educational help, and career guidance for siblings.
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