Eligibility to participate in Scheme: The following shall be the minimum eligible criteria for an applicant to participate in the Scheme. The Scholarship Committee reserves right to alter amends the same.
The students/applicants pursuing the following will be eligible
| Educational Requirements | Maximum Amount of Scholarship eligible |
|---|---|
| Upto HSC (10+2) Standard level | Rs.25000/- or the actual cost of fees and books whichever is less |
| Graduation (College Education) | Actual cost of fees or Rs.35000/- whichever is less |
| Professional Courses(Commerce, Science, Arts or any academicals fields) | Actual cost of fees or Rs.40000/- whichever is less. (to be disbursed in 2/3 yearly installments) |
Number of students shall be decided by the Scholarship/Education Aid committee as authorized by the Executive committee of Jodhpur Association.
The Student applying for scholarship above must have obtained a minimum of 70% marks in the final examinations of the last class passed by him with good character.
The candidate must be pursing his studies from a recognized Board like Board of Secondary Education, Rajasthan, C.B.S.E, I.C.S.E etc. or through a recognized institution run by the Central or State Government or an institution aided by Government (Central or State) /UGC. If the institutions does not fall under any of the above category then it should be affiliated to a recognized university/Board/Institution or the course should b recognized by the Government (Central or State) or any statutory authority.
The Total Annual income of the applicants’ Parents/Guardian should not exceed Rs.500000/- (Rupees Five Lacs only) including student income also.
The Scheme shall be administered by the Scholarship Committee. The Committee shall have full authority in its discretion to determine the successful applicants to whom Scholarship amounts shall be granted. Subject to the provisions of the Scheme, the Committee shall have full and conclusive authority to interpret the Scheme; to prescribe, amend and rescind terms and conditions relating to the Scheme; to determine the eligibility criteria for the applicants and to make all other determinations necessary or advisable for the proper administration of the Scheme. The Committee's determination under the Scheme need not be uniform and may be made by it selectively among students who receive, or are eligible to receive, Scholarship amounts (whether or not such persons are similarly situated). The Committee’s decisions shall be final and binding on all the Eligible Applicant.
The Scholarship Committee reserves the right to forward such applications as received from eligible applicants which have been either rejected or which could not be granted scholarship due to non-availability of funds to other Institutions/Trusts/Associations recommending for grant of scholarship.
The Scholarship Committee shall create a Scholarship Corpus fund. The Association shall avail Scholarship amounts of Rs 500000/- p.a at least for TWO years from one or more contributors/sponsors which shall be credited to the scholarship corpus fund. The sponsor name shall be displayed where the aid will be given and or shall be announced in the Annual General meeting of the Jodhpur Association.
The sponsor shall be provided the Income tax relief certificate under Section 80 G of Income tax Act.
The income generated through Scholarship Corpus Fund will be utilized to distribute the scholarship/ Education aid every year.
The Association reserves the right to terminate the Scheme at any time during the subsistence of the Scheme. In case, where the Scheme is terminated after the commencement of Scheme, the Association shall intimate about the termination of the Scheme to the applicants whose applications have been received under the Scheme.
No benefit under the Plan shall be transferable in favour of a third party.
The Applicant shall abide with the terms and conditions, rules and regulations of the Association..
The Plan shall become effective on the date the Plan is signed on behalf of the Association by any one Member.
For Jodhpur Association, MumbaiPlace: Mumbai
Date: 21/10/2018
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