Lodha Foundation International Study Scholarships 2014-15

Name of the Organisation : Lodha Foundation
Name of the Scholarship : International Study Scholarships 2014-15
Location : India
Deadline : 31st May 2014

Website : http://www.lodha-foundation.org/

Lodha Foundation International Study Scholarships :
Instructions :
1. Please read the terms and conditions carefully. The applicant applying for the Scholarship is deemed to have accepted the terms and conditions mentioned herein.
2. Fill in all the necessary details and submit the form online or send filled up application forms to the address mention below
3. Certain documents need to be scanned and attached, please ensure you have those ready with you before applying.
4. Application forms without complete or accurate information or details and necessary documents attached, are deemed to be incomplete and therefore ineligible, and will not be considered further.
5. The application form/s received after the last date of submission or without mandatory details (*) will not be considered.
6. All completed applications to be sent in a sealed envelope to “Lodha Foundation, 9th Floor, Lodha Excelus, Apollo Mills Compound, NM Joshi Marg, Mumbai – 400 011”. The envelopes must be marked “Application for Lodha Foundation International

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

Other terms of the Scholarship :
a. The amount shall be paid directly to the institution at the start of each term (semester/quarter).
b. Recipient will need to maintain an academic performance better than 80th percentile of his/her class for the continuance of the scholarships. If percentile proof is not available from the institution, GPA of 3.2 or higher (on scale of 4) is required to be maintained. GPA (/equivalent) proof will need to be submitted at end of each term.
c. 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.
d. Applicant should not be availing 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.

Criteria for choosing recipients :
a. Applications shall be considered from any student who is to appear for his Std XII from a school/junior college in the State of Maharashtra or is in the final year of under-graduate course at an institute/ university in the State of Maharashtra.

b. The key criteria for selection would be :
a. Demonstrated excellence in academics
b. Proof of leadership / commitment to community.
c. Financial need viz. annual income of family (last 3 years) is less than 2 times of the program’s annual costs viz. Sum of institution fees, living/housing expenses and books.
d. Admission to institution ranked amongst Top 100 in the world (as per reputed rankings). The weight-age used for each criteria and the decision to award the scholarship would be at the sole discretion of the panel.
c. Preference will be given to candidates whose parent(s) are in government service for more than 10 years.

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 http://lodhafoundation.org/. org/scholarships_international_study_scholarships.php)
** 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.

Disclaimers :
** All decisions vest solely with the Lodha Foundation and no disputes in this regard will be entertained.
** The scholarships are offered subject to funding and availability. The Lodha Foundation reserves its right to withdraw or amend the scholarship without prior notification.
** The Lodha Foundation reserves absolute discretion to accept or reject the application of any candidate and no disputes in this regard will be entertained.
** The terms are subject to change as per the discretion of the Lodha Foundation, in the interest of continued improvement of the program.
** The Lodha Foundation does not offer/guarantee any admission in any school/university
** In no event Lodha Foundation/its trustees/office bearers shall be liable to an application /its representatives, for any direct or consequential, cost, loss or damage whatsoever, arising from the application process/ rejection of any application form.

Download Form Here : https://www.indianjobtalks.in/uploads…orm_230114.pdf

Mandatory Enclosures :
1. Undertaking of return to India and if not, repayment of scholarship with interest AT 5% p.a. (in currency in which fee is paid) within 10 years from start of scholarship.
2. Admission letter to institution ranked amongst Top 100 in the world (as per reputed ranking).
3. An essay of no more than 1000 words on ‘How you intend to contribute to India after your education’.
4. Mark sheets of Std VII, IX, X, XI and XII (as and when it becomes available) and Graduation (if applicable).
5. Salary certificate or copy of income-tax assessment order of the parents/guardian.
6. Letters of recommendations given to the applicant by two individuals of stature.
7. All copies submitted with the application Form should be certified as true copies by a Gazetted Officer or head of any recognized College or Institution in which the applicant is studying or has studied.