K. C. Mahindra Scholarships for Post-Graduate Studies Abroad 2015

In the year 1953, late Mr. K. C. Mahindra established this Trust for promoting education among Indian nationals in Engineering, Natural Sciences, Humanities, Medicine and Business Management including the study of Military, Naval and Aviation Sciences.

Interest-free loan scholarships for higher education abroad are being awarded since the year 1956. Announcements offering scholarship appear every year in all leading newspapers of the country. In the year 2010, the trust announced the KC Mahindra Fellows Fund where the 3 most deserving candidates selected are awarded an interest free loan scholarship where the maximum amount will be Rs. 8 lakhs per scholar, based on merit and need.

Govt. and Quasi-Govt. officers with a creditable academic record, going abroad for specialised qualification are also eligible to apply.

Preference will be given to students who are interested to pursue their studies in subjects important for the development of the country, such as Survey and Prospecting of the mineral resources of the country, alternate Sources of Energy, like Solar, Wind and Tidal Energy, and Bio-Gas Technology for rural areas, Oceanography, Off-shore Drilling, Harvesting of ocean wealth, like Sea-bed Mining, Fisheries and Exploration of other oceanic products, Water Management, Agricultural Research and Engineering, Transportation Economics, High-Tech. Electronics and any other emerging areas and industry.

The decision of the Trustees, with regard to the annual awards is based on the recommendation made by the Selection Committee. These recommendations are made on the basis of merit, but the character, aptitude and ambition of each individual candidate are also the guiding factors while making the selection.

Duration

Duration of studies abroad would be for a maximum of two years unless specific approval of the Trust is obtained by the scholar to extend studies exceeding this period.

Value

The maximum amount for the scholarship will be Rs. 2 lakhs per scholar, except for the 3 K.C. Mahindra fellow scholarships for which the maximum amount will be Rs. 8 lakhs per scholar

ELIGIBILITY TO APPLY

To be eligible to apply for the K. C. Mahindra Education Trust Scholarships the Applicant is required to satisfy the following conditions :-

1. He/She is required to possess a First Class degree or an equivalent diploma of similar standard of a recognized Indian University.
2. Applicant must have secured admission or atleast have applied for admission in reputable foreign Universities or Institution.

In addition to the above conditions the Applicant’s character, aptitude and ambition will be the major factors in guiding the Trustees to arrive at a decision regarding the final selection.

The Applicant is required to state definitely all sources of financial help by the way of University Scholarships, College Fellowships or other financial support from relations and friends or from other Trusts.

PROCEDURE FOR APPLICATION

Announcements will be made in leading newspapers of the country of the inviting applications for the award for that particular year.

Upon receipt of the Application Form:-

1. the candidate is required to go through the form carefully and answer all question relevantly and in detail, taking care not leave any column blank.
2. where names of referees have been asked for, candidate is required to have their permission prior to giving their names as referees.
3. The Application Form will have to be signed by:
   1. the candidate
   2. candidate’s parent or guardian
   3. the person who will guarantee the regular payment of the insurance premia and repayment of the loan.

The Application Form must reach the office of the Trust before the specified date. Forms received late will not be considered for the scholarship award.

Repayment of the loan scholarship:

The candidate shall repay the scholarship amount to the Trust within 24 months of completing the course or 48 months of receiving the scholarship, whichever is earlier, or such other expiry period as the Trust may in its sole discretion determine

EMPLOYMENT

After completing the course the candidate will be free to serve any firm or institution of his / her choice. There will not be any obligation on the part of the Trustees to provide employment.