General Terms & Conditions:
i) Scholarships are for studies undertaken in India, and for Indian nationals only.
ii) Selection of Scholar will be on the basis of merit and family background such as percentage of marks obtained in the course and annual income of the family. Eligible Students having the lowest income shall be given preference in the ascending order.
iii) Decision of the Foundation with regard to selection will be final. No correspondence on the selection process will be entertained.
iv) Selection of candidates will be made on the basis of their performance in the class XII in case of admission to Engineering in IITs/NITs. The Foundation has discretion to alter or discontinue the scholarship without any notice.
v) The eligible students will be intimated through email or at the address mentioned in the form.
vi) The award of the scholarship shall not confer any right of employment with any company.
vii) The scholarship will be paid on annual basis only. The continuation of Scholarship, once awarded, should be subject to the satisfactory conduct and performance of the candidate in their examinations on Annual/Semester basis every year. The scholarship shall not be paid for the year the student fails to maintain the scale of 6.5 points minimum out of 10 points of CGPA/OGPA or secures less than 65% in the Annual/Semester examination. Further, the scholarship shall be terminated in the event of a student failing to pass in one additional attempt with the above said percentage of marks/CGPA/OGPA. The application for continuance of scholarship during subsequent year will be required to be submitted in the prescribed format given in Annexure-A.
viii) The foundation reserves the right to withdraw a scholarship awarded to any eligible candidate and seek repayment of any monies already paid, through all legal means, if such eligible candidate (a) is found to have misled the foundation, about any aspect of his/her eligibility (b) if it is found that there is any discrepancy or misrepresentation in any of the documentation/information provided by such eligible candidate.
ix) The foundation in its sole discretion may change the terms and conditions, selection criteria, selection process and/or withdraw or increase or decrease the scholarship amount at any time without giving any prior notice.