lodha-foundation.org International Study Scholarship 2015-16 Maharashtra

Organisation : Lodha Foundation Maharashtra
Facility : International Study Scholarship 2015-16

Home Page :http://www.lodha-foundation.org/scholarships_international_study_scholarships.php
Download here :https://www.scholarships.net.in/uploads/408-Application_Form.pdf

Lodha Foundation International Study Scholarships :

In order to facilitate foreign education for meritorious students with financial need and encourage them to contribute to India, Lodha Foundation has instituted the ‘Lodha Foundation International Study Scholarships’ from 2014.

Each year, up to 3 meritorious students will be given a scholarship equal to 80% of their cost of education at any institute ranked amongst the Top 100 globally (as per well recognized global rankings). These scholarships can be used to support under-graduate, post-graduate or Doctoral programs. All applications will be reviewed by an independent committee of eminent professionals who will decide the recipients based on a combination of demonstrated financial need and educational merit.

Taking cognizance of the significant role played by public officials in strengthening the future of our country, preference will be given to candidates whose parent(s) are in government service.

Program Benefits :

** Up to 80% of the annual cost of program (all institution fees*) shall be paid by the Lodha Foundation scholarships.
** Each recipient will be given a scholarship for 2 academic years (recipient can apply as a fresh candidate thereafter).

Other terms of the Scholarship :

** The amount shall be paid directly to the institution at the start of each term (semester/quarter).
** Recipient will need to maintain an academic performance better than 90th percentile of his/her class for the continuance of the scholarships. If percentile proof is not available from the institution, GPA of 3.6 or higher (on scale of 4) is required to be maintained. GPA (/equivalent) proof will need to be submitted at end of each term.
** The recipient will have to give an undertaking that they will return to India for a minimum of 3 years within 10 years after completion of their education. In the event that they choose not to return, they can repay the scholarship in the currency it was paid in to the concerned institution within of 10 years from the date of start of the scholarship with nominal interest AT 5% p.a. so that the funds can be used to benefit other students.
** Applicant should not be availing of any other scholarship during the tenure of this scholarship.

Application decision by independent panel :
All applications shall be considered by a panel of 3 eminent professionals and social workers, who shall consider each application independently based on the criteria specified herein below.The members of the panel shall be informed at the time of opening of the application process. Any efforts to influence the members of the panel shall make the candidate ineligible for consideration.

Application Procedure :

** Applications for loan scholarships are invited by the Lodha Foundation from 1st March each year and the last date for receiving applications will be 31st May.
** The application form will be made available at the website of the Lodha Foundation
** Each application must also be enclosed with copies of above documents.
** Shortlisted applicants may be asked for further details and may be called for an interview.
** Only successful applicants will be informed of the scholarship, and no intimation will be given to unsuccessful applicants.
** Decision on the award will be intimated by email or phone by 30th June each year.

Note :
Other details of the scholarship, including criteria for choosing recipients, documents required with the application, disclaimers and the Application form can be downloaded from the website.

Communication Address :

Application forms to be to be sent by post or courier with relevant enclosures should be sent by post or courier, to the address mentioned below :
Lodha Foundation International Study Scholarships,
Lodha Foundation,
Lodha Excelus,
N.M.Joshi Marg,
Mahalaxmi, Mumbai – 400011.