Sahu Jain Trust 2016-17 Need-cum-Merit Based Educational Scholarships : Times of India

Organization : Sahu Jain Trust
Scholarship Name : Need-cum-Merit Based Educational Scholarships 2016-2017
Applicable For : Engineering, Infotech, Medical, MBA Students
Application Last Date : 30.7. 2016

Website : http://sahujaintrust.timesofindia.com/
Application Form : https://www.scholarships.net.in/uploads/8783-form.pdf

Educational Scholarships:

Application are invited for interest free Loan Scholarship pursuing Graduation and Post Graduation in technical subjects like Engineering, Infotech, Medical, MBA etc. in India.

Update:
Sahu Jain Trust 2018-19 Need-cum-Merit Based Educational Scholarships : www.scholarships.net.in/22918.html

Existing recipients of scholarship will have to apply again for continuance. Scholarship amount ranges from Rs. 2500/- to Rs. 25,000/- per year.

Application Procedure:
Application Forms will be available free of charge or can be had by post by sending a 9″x4″ self addressed stamped (Rs. 10/-) envelope

To,
The Secretary,
Sahu Jain Trust,
18, Institutional Area,
Lodhi Road,
New Delhi 110 003

Rules & Conditions:
(Governing the award of Scholarship)
1. It is essential that the candidate should fill in correctly and truthfully all the information in the application form.

2. If the student’s record of studies or character is considered unsatisfactory, of which the Trust will be the sole judge, the scholarship may be stopped any time. The scholarship may also be stopped at the sole discretion of the Trust if it is found that the student has made mis-statements in this application.

3. On receipt of intimation of grant of scholarship the Candidate is to inform of his Banker And Account No. so that scholarship amount is remitted by cheque/draft.

4. If the applicant’s result has not been announced by the time of his sending the application form, is must send duly certified by the Head of the Institution as soon as it is announced. The consideration of the award will remain in abeyance till his result is received by the Trust.

5. (a) In case of scholarship amount is upto Rs. 10,000/-. The candidate has to execute an undertaking in the form of a bond on a simple paper that as soon as he commences earning he will start repaying the loan scholarship without any interest thereon at the minimum rate of 10% of his earnings every month till the entire amount is repaid. Scholarship would be remitted only after receipt of this Bond.

(b) In case the amount of scholarship is in excess of Rs. 10,000/-. The candidate shall execute an indemnity/guarantee bond with two sureties in the prescribed form under taking to refund the amount of scholarship.

(c) This is intended to infuse a high sense of responsibility and discipline in the student who should feel proud and happy in extending this co-operation so that the Trust shall utilize all money thus repaid to help more and more students under this scheme

6. If the student discontinues his studies during the mid session for which he is getting the scholarship, he must immediately inform the Trust of the same and would be liable to refund the entire amount received till then, and intimate the Trust about the refund plan of the same.

7. All migrations and changes in the student’s subjects, institution, hostel, residence and address should be intimated to the office of the Trust Immediately for future reference.

8. The last date of submission of application is 31st July every year. Students desirous of renewing their scholarship will have to apply afresh every year.