Vel Tech Mahatma Gandhi National Merit Scholarships

Name of the Organisation : VEL TECH Dr.RR & Dr.SR Technical University (veltechuniv.edu.in)
Type of Announcement : Vel Tech Mahatma Gandhi National Merit Scholarships

https://www.veltech.edu.in/
Home Page : https://www.veltech.edu.in/

Vel Tech Related Content :
AICHI Scholarship 2014 : https://www.indianjobtalks.in/27105.html

Rs.7 CRORES VEL TECH MAHATMA GANDHI NATIONAL MERIT SCHOLARSHIPS :
Realising that even after 60 years of independence, higher education was not accessible to the deserving poor, Industrialist-turned Philanthropist, Educationist couple Prof.Dr.R.Rangarajan and Dr.Mrs.Sakunthala Rangarajan, introduced VEL TECH MAHATMA GANDHI NATIONAL MERIT SCHOLARSHIP SCHEME in 2009 with the twin objectives of national integration and barrier-free access to affordable higher education, setting apart a sum of Rs.6.5 crores for distribution as scholarships to the meritorious students admitted to the University. The scheme received excellent response across the country. 128 students representing all the States in India received Scholarships ranging from Rs.1 lac to Rs.1.25 lacs each from the Hon’ble Minister of State for Human Resource Development Smt.D.Purandeswari on 5.11.2009. Encouraged by this response, the University has allocated Rs.7 crores for 2010-11 under the same Scheme for B.Tech., M.Tech., and MBA Programmes. The HINDU Merit Scholarships was distributed by Shri N.Ram , Chief Editor ,The Hindu on 5.11.2009. Education Times Merit Schoalrships was distributed by Shri T.N.Nainan Thariyan, Asst Vice President and response head Bennett Coleman and Co Ltd on 5.11.2009.The subsequent years scholarship was distributed by His Excellency Dr.K.Rosaiah, The Governor of Tamil Nadu on 18.10.2012, Dr.N.R.Narayana Murthy Chairman Emeritus Infosys on 8.1.2013 and Dr.Prakash Patnaik Director of R&D, Government of Canada on 23.4.2013

VEL TECH MAHATMA GANDHI NATIONAL MERIT SCHOLARSHIPS – SCHEME A :
100% scholarships for top ranking candidates admitted to B.Tech. from each State and each Union Territory

VEL TECH Dr.RR & Dr.SR Technical University will offer 100% scholarships of full exemption from tuition fees and free boarding and lodging for four years to the top ranking candidate from each State and from each Union Territory in India among the admitted students, subject to the following terms:

Terms of scholarship:
** The applicants must be eligible for admission to B.Tech. programmes in all respects and fulfill all conditions laid down in the University prospectus. Must have secured a minimum of 75% average on the sum of the marks scored in Mathematics, Physics & Chemistry in +2 examinations in their respective State / Central Higher Secondary Board Examinations.
** VELTECH MAHATMA GANDHI NATIONAL MERIT SCHOLARSHIPS Selection Committee will scrutinize all the eligible applications and decide the awardees.
** All students who have fulfilled all stipulated conditions {having secured a minimum of 75% average on the sum of the marks scored in Mathematics, Physics & Chemistry {(in +2 examinations) in their respective State / Central Higher Secondary Board Examinations} and who have not been selected for any other scholarships announced by the University or any other scholarships by the Government of India or the State Government/s will be listed state-wise in the descending order of their merit according to the aggregate mark out of the sum of marks secured in Mathematics, Physics and Chemistry in their +2 Examinations by a process of normalization. The top students from each state and from each union territory will be shortlisted.
** Candidate will be considered against the quota of the state in which the candidate has studied the 10+2 course and written the +2 board examinations (State or Central Board), even though the candidate may actually be a native of another state or union territory.
** All other things being equal, the most deserving in terms of economic conditions irrespective of religion, caste, creed, colour or language will be selected among whom two or more being equal, female student will receive preference.
** The decision of VELTECH MAHATMA GANDHI NATIONAL MERIT SCHOLARSHIPS Selection Committee shall be final.
** The shortlisted candidates will be informed in writing and their details will be posted in the University’s website and published in leading dailies and put up on all University Notice Boards.
** The Scholarship amount will be disbursed to the selected candidates in a University function.
** The scholarship will automatically continue to be disbursed semester after semester so long as the student passes all the papers of the relevant semester in a single sitting failing which the scholarship shall automatically stand terminated. The scholarship amount for III semester will be refunded in IV semester provided the student passes all the papers of the III semester in the first attempt and so on.

VEL TECH MAHATMA GANDHI NATIONAL MERIT SCHOLARSHIPS- SCHEME B :
50% scholarships for B.Tech. Applicants
B.Tech. of 50% concession only in tuition fees for the first Academic Year at the time of admission it self and continued subject to the candidate passing all the semester papers in a single attempt semester after semester as described in Scheme A.
Terms of scholarship:
** The applicants must be eligible for admission to B.Tech. programmes in all respects and fulfill all conditions laid down in the University prospectus
** Only those who have secured a minimum of 90% in aggregate in the +2 examinations of the respective Board in the subjects in Mathematics, Physics and Chemistry will be eligible to participate in this scheme.
** VELTECH MAHATMA GANDHI NATIONAL MERIT SCHOLARSHIPS Selection Committee will scrutinize all the eligible applications and decide the awardees.
** All students who have fulfilled all stipulated conditions and who have not been selected for any other scholarships announced by the University or any other scholarships by the Government of India or the State Government/s will be listed in the descending order of their merit subject to a minimum of aggregate mark of 90% out of the sum of marks secured in Mathematics, Physics and Chemistry in their +2 Examinations by a process of normalization.
** All other things being equal, the most deserving in terms of economic conditions irrespective of state, region, religion, caste, creed, colour or language will be selected among whom two or more being equal, female student will receive preference.
** The decision of VELTECH MAHATMA GANDHI NATIONAL MERIT SCHOLARSHIPS Selection Committee shall be final.
** The awardees will be informed in writing and their details will be posted in the University’s website and published in all leading dailies and put up on all University Notice Boards.
** Students with 90% or more who are admitted to any of the B.Tech programme and will need to pay only 50% of the prescribed tuition fees for the respective programme at the time of confirmed admission .
** The scholarship will automatically continue to be disbursed semester after semester so long as the student passes all the papers of the relevant semester in a single sitting failing which the scholarship shall automatically stand terminated. The scholarship amount for III semester will be refunded in IV semester provided the student passes all the papers of the III semester in the first attempt and so on.

VEL TECH FOUNDERS’ FOREIGN STUDIES SCHOLARSHIPS
Every semester the top ranking student in each branch of B Tech Programme will be credited with the full fees paid for that semester by such student in a Fixed Deposit Account till the sixth semester and such accumulated fund together with interest shall be made available to such student for pursuing study abroad either under the Semester Abroad Scheme of the University or Post Graduate study or research in any foreign university for which admission has been secured by the student within one year of completion of undergraduate course in VelTech University failing which the accumulated fund will revert to the general reserves of the VELTECH FOUNDERS’ FOREIGN STUDIES SCHOLARSHIPS. However this will not apply in case the top ranking student is already in receipt of Mahatma Gandhi National Merit Scholarship and there will be no award of VELTECH FOUNDERS’ FOREIGN STUDIES SCHOLARSHIPS for that branch for such semester.
Scheme – For MBA
Terms of scholarship:
100% scholarship covering tuition fees for 12 candidates who have secured top 3 ranks in respective University examinations in the degree level
Scheme – For M.E/ M.Tech
Terms of scholarship:
100% Scholarship to those who had secured first 3 ranks in the University examinations in the Under Graduate programmes.