Educational Loan

Scholarships

About

With a view to allow the gain of greater schooling in Foreign Universities to meritorious Backward Classes Students and thereby offering them an probability for higher profession potentialities inside the usa and aboard, Telangana Government after cautious examination hereby order to introduce a new scheme of “Mahatma Jyothiba Phule BC Overseas Vidya Nidhi”. “Mahatma Jyothiba Phule BC Overseas Vidya Nidhi” will be at the start sanctioned to (300) BC Students each 12 months and is open to all eligible graduates to pursue Post Graduate research overseas subject.

Eligibility

Income

BC Students whose household profits is much less than “Rs.1,50,000/- in Rural Areas and Rs.2,00,000/- in Urban Areas.” Per annum from all sources are eligible, In case of employees, revenue certificates from the organisation is a must. In all instances the earnings certificates ought to be received via MEE SEVA. A replica of the state-of-the-art tax evaluation as nicely as the contemporary month-to-month earnings slip from the company is additionally required to be enclosed with the application.

Age

The Maximum age below the scheme shall no longer exceed 30 years as on 1st July of the 12 months of advertisement.

Qualification

60% marks or equal grade in basis Degree in Engineering / Management / Pure Sciences / Agriculture Sciences / Medicine & Nursing / Social Sciences / Humanities.

One Child in a Family Award

Not extra than one toddler of the equal dad and mom / guardian’s will be eligible and to this impact a self certificates will be required from the candidate. The awardee can’t be regarded for the 2d or subsequent instances as the person can be awarded solely as soon as in a lifestyles time.

Countries Eligible beneath the Scheme

USA, UK, Australia, Canada and Singapore

Mandatory Requirements

  • He / She need to have a legitimate TOEFL / IELTS & GRE / GMAT.
  • He / She ought to have bought admission in an permitted Foreign University.
  • He / She ought to possess a legitimate Passport.
  • The Candidate need to make his/her personal efforts in in search of admission in an permitted University / Institution Abroad.
  • The chosen candidate has to be part of the worried University inside one yr of verbal exchange of selection. On the expiry of this distinctive duration of time, the award will be mechanically canceled and come to an end. No request for extension of time for availing the award is permissible below the Scheme.
  • The candidate shall now not trade the path of learn about for which the scholarship has been sanctioned.
  • It will be the duty of the candidate to gain the fantastic visa for a united states of america whereby one intends to find out about similarly underneath award from the Scheme and the Visa issuing authorities may also kindly see that solely such kind of Visa be issued which solely allows the candidate to pursue particular route in overseas and thereafter the candidate returns to India.
  • The purposes must be whole in all respects and need to be accompanied by using all applicable documents. The applications, incomplete in any respect, are responsible to be rejected.

Scholarship Amount:

Fees:  Fees shall be payable in Two installments as follows:

Installment-I

An quantity of 10.00 Lakhs shall be payable to the Institution /students upon manufacturing of the touchdown allow / I-94 card (Immigration Card).

Installment-II

An quantity of 10.00 Lakhs shall be payable to the Institution /students upon manufacturing of the 1st Semester results.

Sanction Proceedings specifying the quantity of 20.00 Lakhs will be issued to the person in the direction of costs and dwelling charges by means of way of a provide concern to his/her becoming a member of into the Course to the Candidates chosen by means of the Selection Committee. The sanction complaints can be used with the aid of the Candidates for acquiring a Visa from the respective Embassy.

Educational Loan

The Student shall be eligible for an instructional mortgage of 10.00 Lakhs from any Nationalized financial institution at prevailing costs of interest.