New Delhi: Education-focused NBFC Auxilo Finserve has doubled its CSR investment for FY 2025-26 to expand the reach of its flagship ImpactX Scholarship Program, aimed at supporting students from economically weaker sections (EWS) and meritorious candidates with strong academic records.

Under its Edevate CSR initiative, Auxilo disbursed over ₹95 lakh in scholarships in 2024-25, benefitting more than 500 students across India in undergraduate, postgraduate and skill development courses.

The ImpactX programme will offer scholarships of up to ₹1,00,000 per semester to deserving students. Eligibility criteria include a minimum of 70 per cent marks in the previous academic year, annual family income below ₹7 lakh, and enrolment in full-time courses recognised by AICTE, UGC, NAAC or NBA. Applicants must be between 18 and 35 years of age.

“Education is the most powerful tool for social transformation. Through the ImpactX Scholarship Program, we aim to support underprivileged youth by giving them an opportunity to pursue and complete their education. This initiative is not just about financial aid, it's about transforming lives,” said Neeraj Saxena, MD & CEO of Auxilo Finserve.

Auxilo has tied up with NGOs such as Buddy4Study and Bijapur Integrated Rural Development Society (BIRDS) to reach rural, underserved, specially-abled and meritorious students from diverse backgrounds. A rigorous verification process, including home visits, has been built in to ensure scholarships reach genuinely deserving candidates.

The company has also developed an in-house AI platform to validate and interpret student-submitted information and generate a “Social Impact Score” to enable unbiased selection.

Applications are open at auxilo.com/Impactx-scholarship.