TRUST LOANS AND SCHOLARSHIPS
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Aga Khan Foundation (India): Funding here is available for post-graduate studies in the areas of health, education, rural
development, architecture, environment and courses not available in India. There is however no funding for under-graduate
studies, engineering, computer science, MBA or for studies in India. Forms are issued from January each year and completed
forms must reach by 31st March of the year of award. Students in the age group of 25 - 38 years with an excellent academic
record are eligible for this loan scholarship. The amount offered varies in each individual case and consists of 50% loan and
50% scholarship. For more details and application form, write to:
Ms. Kusum Sharma,
Aga Khan Foundation (India),
Sarojini House, 2nd Floor,
6 Bhagwan Das Road,
New Delhi – 110 001
www.akdn.org
email: general@aksindia.org
Tel: (011) 2378 2173 / 2378 2157
Inlaks Scholarships: This fellowship is available for several disciplines. Applicants must be graduates, and 19 – 30 years old.
Completed application forms must reach by 30th August for the following year. For more details and application form, send a
self-addressed envelope to:
Inlaks Foundation,
PO Box 2108,
Delhi – 110 007
Mumbai
J. N. Tata Endowment: Low interest loans between Rs 50,000 to Rs 1 Lakh are available for post-graduate / doctoral degrees
in any field primarily for an Indian National or a graduate of a recognized Indian University. Advertisements are placed in the first
Saturday of December. .Application forms, which cost Rs 100, are distributed till 31st January and these must be submitted by
15th February of the year of award. All the documents to be submitted to the trust are mentioned clearly in the application form.
Final selections are based on personal interview. For more details and application form, please write to:
J. N. Tata Endowment,
Mulla House, 4th Floor,
52 M.G. Road, Fort,
Mumbai – 400 001
www.tata.com/0_beyond_business/trusts/index.htm
Tel: (022) 5665 7198 (ask for Mrs. Lily Crasta or Mrs. Guard)
Email: lacrasta@tata.com
K.C. Mahindra Education Trust: Loan scholarships are offered up to Rs 95,000 for post-graduate studies in various
disciplines like engineering, natural sciences, humanities, medicine, business management and military, naval and aviation
sciences. This scholarship is given out to cover travel and other incidental costs and 25 – 30 of them are distributed every year.
Forms may be requested before 28th February of the year of award and completed forms must reach by 31st March of the same
year. Candidates at the time of application are only expected to produce a list of universities they have applied to; however, at
the time of interview a proof demonstrating actual admission is necessary. Actual interview are held in July for which you will be
intimated in May itself. For more details and application form, write to:
K.C. Mahindra Education Trust,
Cecil Court, 3rd Floor,
Near Regal Cinema,
Mahakavi Bhushan Marg,
Mumbai – 400 039
Email: ganapathy.s@mahindra.com
Tel: (022) 2202 1031
Mariwala Trust: Up to Rs 50,000 interest free, for post-graduate studies in several disciplines. Application forms must be
requested before 1st March of the year of award and completed forms must reach by 30th April of the year of award. For more
details and application form, write to:
The Managing Trustee,
Mariwala Charity Trust,
409 Shah and Nahar Industrial Estate,
Dr. E. Moses Road, Worli Naka,
Mumbai – 400 018
Tel: (022) 2493 8307
R. D. Sethna Scholarship Fund: An amount ranging from Rs 10,000 to Rs. 1 Lakh at a nominal rate of interest for
undergraduate and postgraduate studies in science, technology, commerce and education (except Arts and Law), based on
merit. Completed application forms must reach by 31st May of the year of award. Loan amount to be returned within 2 – 3 years.
For more details and application form, write to:
The Chief Executive,
R. D. Sethna Scolarship Fund,
Esplanade House,
29 Hazaarimal Somani Marg, Fort,
Mumbai – 400 001
Tel: (022) 2207 0764 (ask for Mr. Anita)
Calcutta
B. D. Bangur Endowment: Both loan scholarships as well as outright grants are given on the basis of merit and requirements
of the candidate. Maximum amount offered for an outright grant is Rs. 25,000 (though for a deserving candidate, this amount is
increased) while in case of a loan scholarship this amount does not exceed Rs 75,000. The latter is to be repaid immediately
after getting employment or 6 months after completion of the course, whichever comes first. The payments are made in the form
of 8 equal quarterly instalments and the interest rate is 2% per annum. Funding is provided only for post-graduate courses in
any field. Advertisements are normally placed in the month of February / March. However for admissions for academic year 2005
this is expected to change. Therefore, you must get the exact information in time from the contact details mentioned below. The
deadline for submitting the form is also mentioned in the advertisement. For further details write to:
B. D. Bangur Endowment,
C/o Graphite India Ltd.,
31, Chowringhee Road,
Calcutta 700 016
Tel: (033) 2226 5755 / 2226 2334
The application forms can also be collected in Mumbai from:
Graphite India Ltd.,
Bakthawar, 2nd Floor,
Nariman Point,
Mumbai 400 021
The Paul Foundation: The amount of scholarships offered by this foundation is Rs 15,00,000 which is the maximum limit as per
the guidelines of the government of India announced in the annual budget in the year 2002. The funding is available for
post-graduate and professional courses, fine arts and performing arts but not for courses like Hotel Management or Hospitality
Management. Look up their website for details on eligibility requirements and the documents to be submitted with the
application forms. The advertisement for the academic year 2005 is expected to appear in November of this year. The forms are
available online from November onwards till Feb 28th and the deadline for submission of these forms is usually 31st January.
However, these dates may vary each year by a few days or weeks.
The Paul Foundation,
Apeejay House,
15, Park Street,
Calcutta 700 016
www.thepaulfoundation.org
email: thepaulfoundation@apeejaygroup.com
Tel: (033) 2229 5455 / 56 /57 / 58
Others
AT& T Leadership Awards (for U.S. only): US$ 5,000 awards for the students from the Asia-Pacific region going to the US for
study in any discipline. Six of the 36 awards went to Indians in 1998. Applications must reach the programme’s Malaysia
office by 15th September. Decisions are announced by 31st December. For more details and application form, write to:
USEFI or email awards@attmail.com or fax at: (886) 2-2715-7013
(Attn: AT & T Leadership Award)
Rotary Ambassadorial Scholarships: The scholarship amount goes upto US$ 23,000 for studies in any subject and in any
country. For any information, contact any Rotary Club office or write to:
The Scholarships Programme,
Rotary Foundation,
Rotary International,
One Rotary Centre,
1560 Sherman Avenue,
Evanston, Illinois , U.S.A.
development, architecture, environment and courses not available in India. There is however no funding for under-graduate
studies, engineering, computer science, MBA or for studies in India. Forms are issued from January each year and completed
forms must reach by 31st March of the year of award. Students in the age group of 25 - 38 years with an excellent academic
record are eligible for this loan scholarship. The amount offered varies in each individual case and consists of 50% loan and
50% scholarship. For more details and application form, write to:
Ms. Kusum Sharma,
Aga Khan Foundation (India),
Sarojini House, 2nd Floor,
6 Bhagwan Das Road,
New Delhi – 110 001
www.akdn.org
email: general@aksindia.org
Tel: (011) 2378 2173 / 2378 2157
Inlaks Scholarships: This fellowship is available for several disciplines. Applicants must be graduates, and 19 – 30 years old.
Completed application forms must reach by 30th August for the following year. For more details and application form, send a
self-addressed envelope to:
Inlaks Foundation,
PO Box 2108,
Delhi – 110 007
Mumbai
J. N. Tata Endowment: Low interest loans between Rs 50,000 to Rs 1 Lakh are available for post-graduate / doctoral degrees
in any field primarily for an Indian National or a graduate of a recognized Indian University. Advertisements are placed in the first
Saturday of December. .Application forms, which cost Rs 100, are distributed till 31st January and these must be submitted by
15th February of the year of award. All the documents to be submitted to the trust are mentioned clearly in the application form.
Final selections are based on personal interview. For more details and application form, please write to:
J. N. Tata Endowment,
Mulla House, 4th Floor,
52 M.G. Road, Fort,
Mumbai – 400 001
www.tata.com/0_beyond_business/trusts/index.htm
Tel: (022) 5665 7198 (ask for Mrs. Lily Crasta or Mrs. Guard)
Email: lacrasta@tata.com
K.C. Mahindra Education Trust: Loan scholarships are offered up to Rs 95,000 for post-graduate studies in various
disciplines like engineering, natural sciences, humanities, medicine, business management and military, naval and aviation
sciences. This scholarship is given out to cover travel and other incidental costs and 25 – 30 of them are distributed every year.
Forms may be requested before 28th February of the year of award and completed forms must reach by 31st March of the same
year. Candidates at the time of application are only expected to produce a list of universities they have applied to; however, at
the time of interview a proof demonstrating actual admission is necessary. Actual interview are held in July for which you will be
intimated in May itself. For more details and application form, write to:
K.C. Mahindra Education Trust,
Cecil Court, 3rd Floor,
Near Regal Cinema,
Mahakavi Bhushan Marg,
Mumbai – 400 039
Email: ganapathy.s@mahindra.com
Tel: (022) 2202 1031
Mariwala Trust: Up to Rs 50,000 interest free, for post-graduate studies in several disciplines. Application forms must be
requested before 1st March of the year of award and completed forms must reach by 30th April of the year of award. For more
details and application form, write to:
The Managing Trustee,
Mariwala Charity Trust,
409 Shah and Nahar Industrial Estate,
Dr. E. Moses Road, Worli Naka,
Mumbai – 400 018
Tel: (022) 2493 8307
R. D. Sethna Scholarship Fund: An amount ranging from Rs 10,000 to Rs. 1 Lakh at a nominal rate of interest for
undergraduate and postgraduate studies in science, technology, commerce and education (except Arts and Law), based on
merit. Completed application forms must reach by 31st May of the year of award. Loan amount to be returned within 2 – 3 years.
For more details and application form, write to:
The Chief Executive,
R. D. Sethna Scolarship Fund,
Esplanade House,
29 Hazaarimal Somani Marg, Fort,
Mumbai – 400 001
Tel: (022) 2207 0764 (ask for Mr. Anita)
Calcutta
B. D. Bangur Endowment: Both loan scholarships as well as outright grants are given on the basis of merit and requirements
of the candidate. Maximum amount offered for an outright grant is Rs. 25,000 (though for a deserving candidate, this amount is
increased) while in case of a loan scholarship this amount does not exceed Rs 75,000. The latter is to be repaid immediately
after getting employment or 6 months after completion of the course, whichever comes first. The payments are made in the form
of 8 equal quarterly instalments and the interest rate is 2% per annum. Funding is provided only for post-graduate courses in
any field. Advertisements are normally placed in the month of February / March. However for admissions for academic year 2005
this is expected to change. Therefore, you must get the exact information in time from the contact details mentioned below. The
deadline for submitting the form is also mentioned in the advertisement. For further details write to:
B. D. Bangur Endowment,
C/o Graphite India Ltd.,
31, Chowringhee Road,
Calcutta 700 016
Tel: (033) 2226 5755 / 2226 2334
The application forms can also be collected in Mumbai from:
Graphite India Ltd.,
Bakthawar, 2nd Floor,
Nariman Point,
Mumbai 400 021
The Paul Foundation: The amount of scholarships offered by this foundation is Rs 15,00,000 which is the maximum limit as per
the guidelines of the government of India announced in the annual budget in the year 2002. The funding is available for
post-graduate and professional courses, fine arts and performing arts but not for courses like Hotel Management or Hospitality
Management. Look up their website for details on eligibility requirements and the documents to be submitted with the
application forms. The advertisement for the academic year 2005 is expected to appear in November of this year. The forms are
available online from November onwards till Feb 28th and the deadline for submission of these forms is usually 31st January.
However, these dates may vary each year by a few days or weeks.
The Paul Foundation,
Apeejay House,
15, Park Street,
Calcutta 700 016
www.thepaulfoundation.org
email: thepaulfoundation@apeejaygroup.com
Tel: (033) 2229 5455 / 56 /57 / 58
Others
AT& T Leadership Awards (for U.S. only): US$ 5,000 awards for the students from the Asia-Pacific region going to the US for
study in any discipline. Six of the 36 awards went to Indians in 1998. Applications must reach the programme’s Malaysia
office by 15th September. Decisions are announced by 31st December. For more details and application form, write to:
USEFI or email awards@attmail.com or fax at: (886) 2-2715-7013
(Attn: AT & T Leadership Award)
Rotary Ambassadorial Scholarships: The scholarship amount goes upto US$ 23,000 for studies in any subject and in any
country. For any information, contact any Rotary Club office or write to:
The Scholarships Programme,
Rotary Foundation,
Rotary International,
One Rotary Centre,
1560 Sherman Avenue,
Evanston, Illinois , U.S.A.
Loans from trust have low rates of interest (2-4 percent),
or are interest free. Some of the most well known ones are
listed below:
Delhi
Sahu Jain Trust: Their advertisement appears in the end
of March or early April in The Times of India (all over
India). Some informatory press releases also appear in
the local magazines in Delhi. The last date for collecting
application forms is 20th May and that for submitting them
is 30th May. The trust offers loan scholarships strictly for
technical subjects like computer science, engineering and
medical science at graduate and post-graduate level in
India as well as abroad. The loan
amount varies between Rs 50,000 to Rs 1 Lakh and is
repayable in interest free instalments after completion of
studies. For more details write to:
Mr. Som Chandra Jain,
The Secretary,
Sahu Jain Trust,
Times House, 4th Floor,
7, Bahadur Shah Zafar Marg,
New Delhi – 110 002
www.sahujaintrust.timesofindia.com
Tel: (011) 2331 7595 / 2330 2117