If you want to study abroad and looking for financial assistance to support your academic expenses, then read about the JN Tata Endowment Loan Scholarship Program. As of now, the JN Tata Endowment Loan Scholarship program has helped over 5419 candidates in pursuing higher education opportunities abroad.
Read this page completely to know everything about the JN Tata Endowment Loan Scholarship 2022. We have provided the information related to Eligibility Criteria, Benefits, Documents required, Last date to apply for this scholarship program. So, continue reading.
JN Tata Endowment Loan Scholarship 2022
Any Indian student, who is not older than 45 years as on 30th June 2022, wish to pursue PG/Doctoral/Postdoctoral/Research studies abroad, can apply for JN Tata Endowment Loan Scholarship 2022. The last date to apply for this scholarship program is 21st March 2022.
Besides the scholarship amount, they can also get a ‘Travel Grant’ (a maximum of INR 50,000) and a ‘Gift Award’. The gift award ranges between Rs. 2 Lac to Rs. 7.5 Lac depending on the academic performance of the candidates in the course for which they are awarded the JN Tata Loan scholarship.
What is a Loan Scholarship: The Loan scholarship is presented at a basic interest of 2% per annum. But, Trustees might waive the interest if the beneficiary reimbursed the loan amount before the finish of the seventh year. The reimbursement plan is in five equivalent portions of 20% somewhere in the range of the third and seventh years.
Eligibility, Documents Required, Benefits provided under JN Tata Endowment Loan Scholarship
- Applicant should not be older than 45 years as on 30th June 2022.
- Candidates must have at least one UG Degree with 60% marks or must be in the final year of any UG Course.
- Applicants, who are at the end of the 1st year and entering into the second year of their overseas studies, are also eligible to apply. This is applicable only if the duration of the course is at least 2 years.
Documents Required: While applying online, the applicant needs to submit only the Statement of Purpose and Letter of Recommendation. All other documents will be submitted at the time of the Interview.
Benefits: Under this scholarship program, a loan scholarship up to Rs. 10 Lac is provided depending on the situation and decision of the organizers.
Selection Process for JN Tata Endowment Loan Scholarship Program
The selection process has the following stages:
- Initial screening of the applications.
- Online Test based on the lines of Thinking Skills Assessment
- Interview and Document Verification of the candidates qualified in the online test.
How to apply for JN Tata Endowment Loan Scholarship
All eligible candidates can apply for the JN Tata Endowment Loan Scholarship 2022 via online mode before the last date i.e. 21st March 2022. To apply online, you will need to login to the website i.e. buddy4study.com
Here, you will see the link Apply Now. Fill out the application form, upload the required documents, and submit the fully filled application form.
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