Are you aspiring to chase your academic goals abroad but financial hurdles are holding you back? Look no further than the JN Tata Endowment Loan Scholarship 2024, a beacon of hope for deserving Indian students seeking postgraduate studies overseas. This merit-based scholarship, instituted by the visionary Jamsetji Nusserwanjee Tata, empowers exceptional individuals with financial aid of up to ₹10 lakh, propelling them towards academic excellence on the global stage.
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Table of Contents
About the JN Tata Endowment Loan Scholarship
They were established in 1892 by Jamsetji Nusserwanjee Tata, the Promoter of the Tata Group, The JN Tata Endowment awards merit-based loan scholarships to students across India for higher studies overseas. Every year, 90 to 100 scholars are selected across disciplines ranging from the sciences (applied, pure, and social) to management, law and commerce and the fine arts.
Eligibility Criteria
Candidates should be Indians, not older than 45 years as of June 30, 2024, and graduates of a recognized Indian university with at least 60% marks on average in their undergraduate or postgraduate studies. Candidates are not eligible to apply if their undergraduate degree is not from a recognized university in India.
The course to which candidates are admitted must be recognized as a Graduate Program (post-graduate in Indian terminology).
Candidates who did not get selected in the previous year/earlier for the loan scholarship and candidates who could not avail of the loan scholarship when they were selected are eligible to apply afresh.
Candidates who are already pursuing postgraduate studies abroad may apply either at the end of their first year of studies or at the commencement of the second year, provided there is a minimum of one full academic year (12 months) remaining to be completed at the time of the loan scholarship award, typically in July of any calendar year.
Candidates in the final year of their degree courses and those awaiting results are eligible to apply. Candidates may apply, even if they do not have the admission/offer letters while filling out the application form from the universities to which they have applied for the academic year 2024-2025. However, they must update their application status with the Endowment once they secure admission by sending an appropriate email to [email protected], quoting the reference number that appears on the top left side of the form.
J N Tata scholars who have fully repaid their existing loan scholarship amount are eligible to apply.
Candidates going overseas for seminars, conferences, training, workshops, paper presentations, undergraduate studies, and any post-graduate degree/diploma/certificates through distance learning or online mediums are not eligible to apply.
Candidates planning to pursue postgraduate and undergraduate studies in India are not eligible to apply.
Candidates who are planning to study for a diploma of at least one year duration, whose entry-level requirement is higher secondary level, are not eligible to apply.
Benefits
Loan scholarship of up to INR 10 lakh
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Documents
The entire scholarship program comprises four phases and candidates will be informed about the status of their application at the end of each phase.
Phase 1 – ends on 15th March 2024, the final date of submission of the application
Candidate’s photo (500 * 500 pixels in jpeg format)
Aadhaar card
Passport (first & last page)
Marksheet / Transcript/s for each academic qualification
Statement of Purpose (SoP)
Work experience certificate from previous the employer (applicable for working professionals)
Appointment letter from the existing employer (applicable for working professionals)
Latest filed ITR/3 months’ pay slips (applicable for working professionals)
Phase 2 –Online Test
No documents are required.
Phase 3 – Interview with Subject Expert
Letter of Admission to the University
A letter of Recommendation (LOR) specifically addressed to “The Trustees of the J N Tata Endowment” either from a Professor of the College or University or the employer, in case the candidate is/was working
Final year mark sheets/degree certificate
Scorecards (GRE/GMAT/TOEFL/IELTS/PTE)
Certificate of scholarships/ranking/prizes (if any)
Certificates relating to co-curricular and extra-curricular achievements
Research work/Project work (only one)
Resume
Cost of education
Source of funds
Phase 4 – Final Selection
Candidate’s PAN card
Candidate’s canceled cheque / latest bank statement
Guarantor’s PAN card and Aadhar card
Guarantor’s passport-size photograph (500*500 pixels in jpeg format)
Guarantor’s income proof / latest filed ITR
Important Note
All documents should be uploaded in a grayscale pdf suitably named to identify the nature of the document being shared.
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How To Apply?
If you are an Interested Candidate You can apply For the JN Tata Endowment Loan Scholarship Click Here
FAQ
What is the JN Tata Endowment Loan Scholarship?
The JN Tata Endowment Loan Scholarship is a merit-based financial aid program for Indian students pursuing full-time postgraduate (Master’s), PhD, or postdoctoral studies overseas. Established in 1892, it aims to support the “best and most gifted” minds with funding and recognition, enabling them to contribute significantly to India’s progress.
Who is eligible for the JN Tata Endowment Loan Scholarship?
To be eligible, you must:
Be an Indian citizen.
Be under 45 years old as of June 30, 2024.
Have graduated from a recognized Indian university with at least 60% average marks in your undergraduate or postgraduate studies.
Be applying for a recognized postgraduate program overseas.
Have at least one full academic year remaining in your program at the time of award.
What is the JN Tata Endowment Loan scholarship amount and how is it awarded?
The loan scholarship amount can range from ₹1 lakh to ₹10 lakh, determined based on individual merit and need. The selection process is rigorous and considers your academic excellence, personal statement, letters of recommendation, and proposed study program.
