Narotam Sekhsaria Scholarships for Higher Studies 2015
INTRODUCTION
The Narotam Sekhsaria Foundation under its Scholarship Programme awards interest-free loan scholarships to Indian students with a consistently good academic record. The scholarship amount (upto a maximum of Rs. 20 lakhs) is decided as per the assessment of the Foundation. The scholarships are awarded to students who wish to pursue their postgraduate studies in the fields of Pure Sciences, Applied Sciences, Social Sciences and Humanities, Law, Architecture and Management at prestigious Indian and international universities.
COURSE AND ELIGIBILITY
Eligibility Criteria Indian nationals residing in India. Students below 30 years of age. Graduates of a recognised university (students in the final year of a degree course and those awaiting their results are also eligible to apply). Students having sought admission for a postgraduate degree programme at any prestigious university for the fall intake (Those who are awaiting a decision from a university are also eligible to apply. However, the award of the scholarship is subject to them securing admission). Application Procedure Applications for the Narotam Sekhsaria Scholarships for Higher Studies are invited by the Foundation in the month of January for every academic year. The mode of application is online. The candidate is required to complete the registration online at http://pg.nsfoundation.co.in. Upon registration, the login credentials will be sent to the registered email ID. Once the registration is complete, an application fee of Rs. 500/- is payable either online through Net Banking or offline by sending a Demand Draft issued in favour of the Narotam Sekhsaria Foundation. On receiving the application fee, the candidate will be able to access the form online by logging in with the provided login credentials. Completed application forms should be submitted before the closing date. Only candidates shortlisted for the next round of the selection process are contacted by the Foundation. They are required to produce duly certified supporting documents. The next round of the selection process is the interview round, for which candidates are required to come down to the Foundations office. Selection Procedure for the Scholarship All applications will be screened for shortlisting. Only shortlisted
CAREER PROSPECTS
candidates will be informed between the months of April-May. It is mandatory for all the shortlisted candidates to attend a personal interview in Mumbai in the month of June. Post Selection Formalities The Foundation announces the final list of scholars towards the end of June or first week of July. Documentation It is mandatory for all the scholars to submit attested copies of the following documents within the timeline as decided by the Foundation: 1. The letter confirming admission to the college/ university for the proposed course of study. 2. I-20 in case of students admitted to the universities in the United States and a copy of the letter highlighting the financial support in case of students admitted to universities in other countries. Orientation Programme A two-day Orientation Programme is held for all the scholars in Mumbai in the month of July. It is mandatory for every scholar to attend the Programme. Scholarship Paperwork All the paperwork pertaining to the Scholarship will be completed on the second day of the Orientation Programme. The paperwork will include the following: 1. Memorandum of Understanding- Scholars will be required to sign the Memorandum of Understanding with the Foundation and agree to its terms and conditions. 2. Undertaking- Guarantors along with the scholars will be required to sign an Undertaking. 3. Insurance- Scholars are required to take out an Insurance Policy and assign the same to the Foundation.This is arranged by the Foundation. Disbursement and Repayment On receiving a copy of the visa, the scholarship amount will be disbursed.
PAY PACKAGE
Repayments will commence one year after the completion of the course as per the following schedule: 1st year after course completion: Nil 2nd year after course completion: 30% of the scholarship amount 3rd year after course completion: 35% of the scholarship amount 4th year after course completion: 35% of the scholarship amount Important Dates Registrations are open for the Postgraduate Scholarships 2015-16.The applications for 2015-16 are open from 12 January 2015 to 23 March 2015.