Start your own Scholarship for deserving and needy students Under ‘Student Support Fund’ you can also start your own scholarship in the name of your loved ones. In case of ‘Own Scholarship’ the contribution can be either ‘one-time’ contribution’ or ‘year-wise’ contribution. If the contribution is one-time, the contributed amount shall be deposited in a separate bank account and the scholarship be given to the needy students out of the interest income earned from that amount.