Answer:
(Fatwa: 1973/1581/B=1431)
(1) In case, you take loan from the bank you will have to pay interest, which is unlawful and haram.
(2) It is right for a poor to receive the scholarship that is meant for the poor.
Allah (Subhana Wa Ta’ala) knows Best
Darul Ifta,
Darul Uloom Deoband
