Numerous students possessing promise encounter financial limitations that impede their journey toward advanced education, and this is precisely where the KC Mahindra Scholarship intervenes. This game-changing endeavor has played a crucial role in molding the destinies of numerous ambitious learners. Continue reading to acquire further insights.
About KC Mahindra Scholarship
The KC Mahindra Scholarship and grants are offered annually to Indian citizens who have demonstrated exceptional academic achievements but come from economically disadvantaged backgrounds, facing challenges in financing their education.
This initiative provides an avenue for pursuing Post-Graduate Studies Abroad, enabling students to engage in studies at a recognized foreign university or institution.
Recipients of the KC Mahindra Scholarship are granted an interest-free loan, aiming to support eligible students financially. Applicants aiming to embark on a postgraduate program abroad are eligible for this scholarship.
The application deadline for the K.C. Mahindra Scholarship falls on August 20, 2024.
The Trust administers two categories of interest-free loan scholarships each year:
- A maximum of Rs. 10 lakh per awardee, conferred upon the top 3 K.C. Mahindra Fellows.
- A maximum of Rs. 5 lakh per awardee, is granted to the remaining successful candidates.
- In the year 2019, out of 1,331 candidates, 62 students were chosen as recipients of the KC Mahindra Scholarship to facilitate their overseas studies.
Eligibility Criteria
In order to qualify for the KC Mahindra Scholarships for Post-Graduate Studies Abroad, applicants need to ensure they meet the stipulated scholarship criteria. Candidates must:
1. Hold Indian citizenship
2. Have obtained admission to a postgraduate program at a recognized international university
3. Possess a strong academic background
4. Hold a First Class degree or its equivalent credential
5. Have applied for a course scheduled to commence in August 2024, or at the latest, by February 2024.
5. Those aspiring to pursue undergraduate studies, short-term courses, or attendance at seminars or conferences abroad are not eligible to apply for these grants or scholarships.
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Application Process
Prospective candidates who meet the eligibility criteria for the KC Mahindra Scholarship can initiate their application online by completing the designated scholarship form.
As part of the application process, applicants must furnish all required documentation. Submissions must adhere to the specified deadline, which is August 20, 2024.
The necessary documents encompass:
1. The university’s official admission letter
3. A Statement of Purpose that articulates:
- General aptitude and areas of interest
- The specific vocation the applicant aims to pursue
- Ambitions and aspirations in life
4. Scores from standardized examinations such as GRE/GMAT
5. Comprehensive academic transcripts from all educational institutions attended
6. Copies of the mark sheets from both the 10th and 12th grades, alongside the school leaving certificate
7. A copy of the TOEFL/IELTS scores
8. A detailed Curriculum Vitae
9. Proof of age
Selection Process
Over the years, there has been a consistent rise in the total count of applications received for the scholarship.
The selection process for the KC Mahindra Scholarship is notably competitive. The following chart illustrates the trends in selection over the past four years.
The primary criteria guiding the selection of scholarship recipients include:
1. Academic achievements
2. Demonstrated financial need
3. Aptitude and prospective aspirations of the applicants.
4. The selection committee takes into account the specific courses for which the applicants have secured overseas admission, as well as their outlined short-term and long-term plans, as conveyed through their accompanying application statements.
5. Ultimately, the selection committee conducts interviews with the applicants, and their determinations are deemed final and binding for all.
Comprising eminent personalities, this committee interviews over a span of two days with the shortlisted candidates.
Terms and Conditions
KC Mahindra Scholarships are granted to students enrolling in esteemed postgraduate programs at leading international universities.
The scholarship is conferred in the form of an interest-free loan, with repayment scheduled after the completion of studies.
The postgraduate courses should typically span two years, and any extended courses require prior approval from the trust.
An applicant is required to furnish a guarantor for the loan scholarship.
Application Deadline
The application deadline for this scholarship is August 20, 2024.
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