In a huge stimulus to Indian students, scholarships worth US $1 million will be provided by US based Global Financial Education (GFS), a digital platform that provides financial education solutions to universities, schools, corporations, libraries and individuals.

The Global Financial Education Program is the first large-scale program targeted at those just above and below the poverty line in developing countries

The company is also offering discounts of 50 to 70 per cent on all its courses between September 15 and November 15, 2014. Students have to fill up an online form to be eligible for the scholarships. The first 200 students with a score of over 95 will get a scholarship of $500 each for a GFS package of courses. Forms will be available between mid-September and mid-November.

Dan Farhi, VP Business Development at GFS said, “The educational landscape of the country has been witnessing major technological advancements, and our mission is to provide superlative digital education at competitive rates to all aspiring students and educational institutions. GFS has entered the Indian market with offerings tailored to suit the specific educational eco-system of the country. Within the next three years it aspires to become one of the leading e-learning companies in India.”