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Students make beeline for loans from educational trusts

The Times of India | TNN | Jun 5, 2017 | Jyotirmoyee Ghosh |

If didn’t get the scholarship, would’ve dropped a year,” says Anubhav Khamroi, who received Rs 2 lakh under Jindal Law School’s Savitri Jindal Global Scholarship in Delhi. Khamroi, a second year BA LLB student, got a merit-based scholarship after attaining 90% in the LSAT entrance exam. “The scholarship has really reduced the financial burden on my family ,” said Khamroi.  Scholarships have become essential for middle-class students as cost of higher education has skyrocketed in recent years. At top institutions, the annual fees for professional courses like engineering, medicine and law can be as high as Rs 9 lakh-Rs 10 lakh. At Chennai’s SRM Medical College, for instance, the tuition fee is now Rs 21lakh a year against Rs 10 lakh per annum last year.  Unlike loans from banks, scholarship funds do not have to be paid back and those that do, don’t charge interest. Currently , interest on student loans ranges from 10%-15%. Fortunately , there are scholarship funds and education trusts providing need-based and merit-based scholarships for various courses to students who have passed class12.  One such institution is Mumbai’s Nathani Charitable Trust. It awards 6,000 needbased scholarships every year to students based on applications which must include proof of address and family income among other documents.”We try to give scholarships to as many students as we can because we believe in the right to education. Only 400-500 forms are rejected per year and only because of incomplete documentation,” says Yasmeen Shaikh, CEO of Nathani Trust. “More than Rs 50 lakh worth scholarships have already been given out this year.”

The trust also provides ca reer counselling to students, who need help figuring out which stream to apply to after class 12.   Another such organization is Mumbai’s RD Sethna Scholarship Fund. It provides education loans to students pursuing Bachelors in medicine, law, technology and architecture. Scholarships provided are both need and meritbased. Yearly , there are around 500 applicants, of which 250-300 are selected. After the course is completed, the money has to be repaid but no interest is charged.   Brian Faleiro, a student from Mumbai, received a merit-based scholarship of Rs 50,000 from the RD Sethna Fund. A final-year engineering student from Vidyalankar Institute of Technology , Faleiro plans to use it to pursue a Masters in technology . Mumbai’s KC Mahindra Education Trust has also simi Education Trust has also similarly awarded more than Rs 44 crore in grants, scholarships and loans since 1953. It also has a talent scholarship for financially disadvantaged stu dents, who want to pursue a diploma in various fields including pharmacy , fashion designing, architecture or engineering. From over 6,000 applications every year, about 550 scholarships are awarded.Each student gets Rs 10,000 annually , which adds up to Rs 30,000 over three years. Most scholarships are awarded to girls as the trust is keen to support their education, thus reducing their vulnerability to exploitation.   One of the recipients is Aiswarya PV , 17, who got a scholarship in 2012. The daughter of a daily wager, she obtained 94% in SSC examination. With the help of the scholarship, she is completing her diploma in civil engineering and plans to study further.”My aim is to get a good job that will help me do something for my family , society and the country ,” she says. – Courtesy

Federal Bank Hormis Memorial Foundation Scholarship

The Kerala-based Federal Bank is inviting applications for availing ‘Federal Bank Hormis Memorial Foundation Scholarship’ from students pursuing Medicine, Agriculture, Engineering, Nursing and MBA during the academic year 2015-16. Students applying for scholarship should have secured admission under government quota in government, aided or self-financing colleges from Tamil Nadu, Kerala, Maharashtra and Gujarat during the academic year 2015-16. The annual family income of the applicant should be below Rs. 3 lakh. The scholarship is instituted in memory of the founder of Federal Bank, K P Hormis.

20 students

The shortlisted 20 students in each discipline will be reimbursed 100 per cent of their tuition fees, as per the fee structure, subject to a maximum of Rs. 1 lakh per year. One seat in each discipline will be kept aside for physically challenged students, which shall be duly evidenced by a certificate issued by a Medical Officer not below the rank of a DMO or an approved Medical Officer of the Bank. If applications are not received from eligible candidates under ‘physically challenged’ category, it will be utilised under the general category. Application forms for scholarship can be downloaded from the bank’s website www.federalbank.co.in. The duly filled in applications shall be sent to ‘Head-CSR, Corporate Social Responsibility Cell (CSR), Federal Towers, Marine Drive, Ernakulam, Kerala- 682031’ on or before December 19, a release issued here said. –  FedBank Press Release  /   Download Application

(ECE) Electronics and Communication Engineering students in India get scholarship from Mouser

EET India | 14 July 2015 |

Mouser Electronics has become a sponsor of the IEEE Blended Learning Programme (BLP) in VLSI, which includes providing scholarships to deserving engineering students  in India. IEEE BLP supports undergraduate and postgraduate students  from various universities across India studying Electronics and Communication Engineering with the goal of transforming students into industry-ready professionals for the semiconductor industry. The programme employs a highly interactive, performance-based e-learning approach that reinforces core concepts through various stages of self-driven learning, practice sessions and assessments. This engaging online learning is coupled with highly effective, hands-on applied training through extensive project work in instructor-led labs.

The opportunity to partner with IEEE BLP will allow Mouser to play a direct role in advancing this programme’s mission by offering scholarships for engineering students. Mouser is committed to offering up to 300 scholarships per year under the sponsorship programme, covering a substantial portion of the student’s course fee. “We are excited to offer thesescholarship
opportunities and help prepare engineering students from various universities across India to excel in a career in the electronics industry. Mouser was founded by a physics instructor, Jerry Mouser, who needed components for a newly formed electronics programme at his school. That founding idea is still at the heart of our company. We are the go-to source for instructors and future engineers who need a vast selection of quality products, as well as the latest technology trends, design topics, and industry observations for learning and inspiration,” said Mark Burr-Lonnon, Senior Vice President of APAC & EMEA at Mouser Electronics. The opportunity to partner with IEEE BLP will allow Mouser to play a direct role in advancing this programme’s mission by offering scholarships for engineering students. Mouser is committed to offering up to 300 scholarships per year under the sponsorship programme, covering a substantial portion of the student’s course fee.
*BLP at Sai Vidya*
IEEE has signed an agreement with Sai Vidya Institute of Technology (SVIT), an engineering college in Bangalore affiliated to VTU Belgaum, to offer the BLP in VLSI to all their undergraduate and postgraduate students studying Electronics and Communication Engineering (ECE). – Courtesy

Siemens Scholarship Program for engineering students in India

E-Pao.Net | Aug 21, 2014.

Last year, twenty meritorious first-year engineering students from the underprivileged section of society and their families embarked on a unique journey initiated by Siemens India: The Siemens Scholarship Program!

Encouraged by the overwhelming success witnessed in the first year, the Corporate Citizenship team is taking a step toward touching more deserving students. We are now rolling out the Scholarship program to first-year engineering students in over 100 Government Engineering Colleges across India.

Under this initiative, Siemens will provide financial support to deserving students who lack the economic means – tuition fees, allowances for books, stationery and related expenses. Additionally, we support the students with a holistic development plan. As a responsible Corporate Citizen, Siemens India endeavors to support and promote technical education through this program.

The eligibility criteria for Siemens Scholarship:

* First year students of Government Engineering colleges from the following streams:
– Mechanical
– Electrical
– Electronics / Instrumentation
– Electronics & Telecommunication
– Information Technology / Computer Science
o Age: Up to 20 years
o Annual family Income: Not more than Rs. 2 lakhs
o SSC: Minimum 60% aggregate
o HSC or equivalent result: Minimum 50% aggregate and minimum 60% PCM aggregate
o JEE Main / State CET: Minimum 45%

Last Date : 8th September 2014

If you are aware of deserving candidates who meet the above criteria, please do refer the Siemens Scholarship Program to them. Details are available at: www.siemens.co.in/scholarship

The National Academy of Engineering… Recognizing the Engineers Behind the Achievements

The National Academy of Engineering… Recognizing the Engineers Behind the Achievements

The NAE dedicates more than $1 million annually to recognize leaders in engineering for their lifetime dedication to their field and their commitment to advancing the human condition and to bring better understanding of the importance of engineering and engineering education to society.

The Commonwealth Scholarship and Fellowship Plan 2014

The Commonwealth Scholarship and Fellowship Plan 2014 (CSFP) which enables students from Commonwealth countries to pursue higher studies, research and specialised training in the UK has recently been announced.

The scholarship provides for the student’s tuition fee, monthly personal maintenance allowance and economy return ticket.

5 Indian American Students Named 2013 Davidson Fellows

5 Indian American Students Named 2013 Davidson Fellows

Five Indian American students were among the 20 bright young people named as Davidson Fellows for 2013, a program that offers $50,000, $25,000 and $10,000 college scholarships to students 18 or younger who have created significant projects that have the potential to benefit society in the fields of science, technology, engineering, mathematics, literature, music and philosophy.
Read more at http://www.indiawest.com/news/13905-5-indian-american-students-named-2013-davidson-fellows.html#bJPfIz6ee5idrEtq.99

Attractive scholarship opportunities available for high-achieving Indian Engineering students.

Study opportunities in space science and engineering abound in the University of Strathclyde, U.K.  The University of Strathclyde has plans to open up admission at its Scottish Space School for Indian students.

“This contest is for Indian college students, where a group of two students will be challenged to come up with a new idea related to any industry and they will have to give a three-minute presentation which they will post on YouTube within 24 hours of the challenge being posted online,” he said.

The winning team of two students will have an all-expenses paid trip of Strathclyde University in Glasgow.