Narotam Sekhsaria Scholarship program is an initiative by the Narotam Sekhsaria Foundation, located in Maharashtra. It is a non-profit organisation founded by Mr. Narotam Sekhsaria, an entrepreneur having a strong dedication towards social commitment. Under the Narotam Sekhsaria Scholarship Programme, the foundation has taken a step towards assisting needy and deserving students in acquiring higher education of their choice and according to their calibre without any financial hindrance.
The Narotam Sekhsaria PG scholarship programme offers interest-free loan scholarships to students with a continuously high academic record. The students have the opportunity to win a scholarship grant of up to INR 20 Lakh. The foundation assesses the prospective applicants and makes its decision. If you are a graduate who wants to pursue higher education and monetary concerns are holding you back, keep reading the article and get acquainted with the Narotam Sekhsaria Scholarship. This article covers every significant detail that the applicants need to know about such as its eligibility, application process, award details and more.
Narotam Sekhsaria Scholarship – An Overview
The Narotam Sekhsaria Foundation under its Narotam Sekhsaria scholarship programme offers financial aid to students applying for a postgraduate degree. The scholarship programme assists exceptionally academically talented students to achieve their aspirational heights. A detailed overview of the Narotam Sekhsaria scholarship is presented in the table below for the applicants to go through and get a summary of the scholarship which can be essential and beneficial for their future.
Detailed Overview of Narotam Sekhsaria Scholarship
|1.||Objective||The primary objective of the Narotam Sekhsaria Scholarship is to assist exceptional students with a continuous high academic background to receive the higher education of their choice without any financial hindrance or burden.|
|2.||Scholarship Provider||Narotam Sekhsaria Foundation, a non-profit organization.|
Note: The scholarship will be awarded only to students who secure an admission in a university.
|4.||Application Process||Apply online through the official website of the Narotam Sekhsaria Foundation, by further visiting the online application page of the Narotam Sekhsaria scholarship.|
|5.||Scholarship Award||A scholarship grant of up to INR 20 Lakh is awarded to the scholar applying for a PG program in the form of an interest-free loan.|
|6.||Application Timeline||The scholarship application process usually starts in the month of January every year and closes by the month of March/April.*|
*The dates are tentative and subject to change at the discretion of the provider.
Narotam Sekhsaria Scholarship – Scholarship Information
The Narotam Sekhsaria scholarship is awarded in the form of an interest-free loan to the scholars and has a ceiling amount of INR 20 Lakh. Scholarships are awarded in the field and related areas of Applied Sciences, Pure Sciences, Law, Architecture, Social Sciences and Humanities, Management and Engineering at any prestigious university in India or abroad.
Narotam Sekhsaria Foundation offers its grants to the scholar in instalments in a pre-defined way. The disbursement of the scholarship is done once the foundation receives the copy of the visa of the student (if applicable). Since the Narotam Sekhsaria scholarship grants are provided to the students in the form of a loan, they have to be repaid after a certain amount of time. Since the loan is interest-free, it gives the scholars the benefit of paying back exactly the amount spent on their education and omitting the interest levied on the amount. The repayment of the loan is done in a prescribed way. Process of repayment of the amount has to be as follows:
- Post completion of the 1st year of the PG program- Nil
- Post completion of the 2nd year of the PG program- 30% of the total scholarship amount
- Post completion of the 3rd year of the PG program- 35% of the total scholarship amount
- Post completion of the 4th year of the PG program- 35% of the total scholarship amount
Narotam Sekhsaria Scholarship – Application Procedure
The application procedure for the Narotam Sekhsaria scholarship starts tentatively in the month of January every year. The applicants have to apply for the scholarship online. Before heading to start the scholarship application, the students must be aware of the key dates related to the scholarship to avoid missing out the deadlines. A detailed description of important dates related to the scholarship program has been mentioned in the table below:
Narotam Sekhsaria Scholarship – Key Dates
|Sr. No.||Event||Important Dates*|
|1.||Applications Open||Beginning of January|
|2.||Application Deadline||End of March|
|3.||Personal Interview||In the month of June (In Mumbai)|
|4.||Final Announcement of Selected Applicants||In the last week of June or the 1st week of July|
|5.||Orientation Programme||In the month of July|
|6.||Scholarship Paperwork||2nd day of the Orientation Programme|
* The dates are tentative and subject to change at the discretion of the provider.
Narotam Sekhsaria scholarship applicants have to pay an application fee of INR 500 for registering for the scholarship programme which is non-refundable. The mentioned fee can be paid via online/ demand draft.
If an applicant chooses to pay the registration fee through demand draft, he/she needs to generate a DD of the specified amount. Furthermore, the applicants can send the DD with their name, application number and contact details written on the back side of the DD to the following address:
1st Floor, Nirmal Building,
Nariman Point, Mumbai
Narotam Sekhsaria Scholarship – How to Apply?
The application process for the Narotam Sekhsaria scholarship is rather easy and is completely based online. Eligible applicants have to register with a single e-mail id which has to remain constant during the whole application procedure. The application process for the Narotam Sekhsaria scholarship has been mentioned descriptively below:
Step 1: Visit the official website of the Narotam Sekhsaria foundation.
Step 2: Register for the scholarship with an e-mail id that remains constant through the entire application process.
Step 3: Log-in credentials will be sent at the registered e-mail address.
Step 4: Pay the registration fee of INR 500 either online or through demand draft.
Step 5: After successful payment, the applicants can access the scholarship application form by logging in to the website through the registered email id.
Step 6: Fill in all required details in the application form and upload all supporting documents.
Step 7: Submit the application.
Narotam Sekhsaria Scholarship – Documents Required
Certain authentic documents are required to be provided by the shortlisted candidates to ensure that only students who truly deserve and need the Narotam Sekhsaria Scholarship are allotted the grant. The list of documents to be attached is given hereunder –
- Mark sheets of class 10th, 11th and every year of the undergraduate degree programme along with degree certificates
- Score-cards of any/all qualifying exam taken by the applicant (Eg. GRE, GATE, CAT, GMAT, etc)
- Copies of the admission letter/s from the university (If received)
- Letters of reference (in a sealed envelope)
- Copy of statement of the course-fee and any other financial document (this includes any other scholarship received by the applicant, other sources of funding, fee waivers, etc)
- An attested copy of the passport
- Passport size photograph
- Latest Income Tax Returns of guardian/parents
- An I-20 in case the applicant is admitted to any of the universities in the United States
- A copy of the letter highlighting the financial support in case of students admitted to universities in other countries
These documents have to be produced in the personal interview phase by the applicant which will be taken in the office of Narotam Sekhsaria Foundation in Mumbai.
Narotam Sekhsaria Scholarship – Selection Process
The applications go through a thorough assessment by the Narotam Sekhsaria Foundation and the shortlisted applicants are recommended for the further evaluation process. Only the shortlisted applicants are contacted by the foundation in the months of April and May usually. The shortlisted applicants have to appear for a personal interview with the foundation members in Mumbai in the month of May. This is done to get better acquainted with the applicants and their aspirations. In fact, the interview is also the basis of the final selection of the applicant.
A 2-day orientation programme is organised for the selected applicants in Mumbai in July, it is essential and mandatory for every scholar to attend the orientation program. The second day of the orientation program of the Narotam Sekhsaria scholarship is dedicated to the paperwork of the scholarship. The paperwork includes the following:
- A Memorandum of Understanding (MoU) is signed by the scholar with the foundation agreeing to the terms and conditions of the Narotam Sekhsaria Scholarship.
- An undertaking is to be signed by the guarantor along with the scholar.
- An insurance policy is taken out by the selected scholar and assigned to the foundation, arranged by the foundation itself.
Narotam Sekhsaria Scholarship- Frequently Asked Questions
Q. When does the application procedure open?
A. The application procedure opens from the beginning of January and ends by the end of March tentatively every year.
Q. What procedure is followed after the interviews?
A. Once the applicants are done with the interviews, the applicants are notified about the status within 20 days. The selected applicants have to travel to Mumbai to attend a 2-day mandatory orientation program at the Narotam Sekhsaria Foundation.
Q. Is the registration fee refundable?
A. No, the registration fee is not refundable once submitted.
Q. What is the mode of payment for the application fee?
A. The registration fee can be paid via both online and offline mode. Credit/ Debit cards and net banking are online modes of payment while the applicants can also give a DD to the foundation.
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Narotam Sekhsaria Scholarship – About the Narotam Sekhsaria Foundation
The Narotam Sekhsaria Foundation is a non-profit organisation set up by a socially committed entrepreneur Mr. Narotam Sekhsaria in 2002. His objective in establishing the Narotam Sekhsaria Foundation was to undertake activities in the areas of education, employment generation, and health in order to find, recognize and uplift intellectual excellence.
The Narotam Sekhsaria Scholarship is offered each year to the students of the country who have consistently maintained a high academic record. The founders’ vision gave birth to the Narotam Sekhsaria scholarship. In case of a query, the applicants are free to reach out to the foundation. The contact details for the same have been mentioned below:
Narotam Sekhsaria Foundation
1st Floor, Nirmal Building,
Mumbai – 400021
This scholarship program is a wonderful opportunity for students who aspire to continue their education without a financial burden during their studies. It positively affects the nation through engaging agents of change today for a better tomorrow.