Since 1956, K. C. Mahindra Education Trust has granted interest-free loan scholarships to deserving students to pursue post-graduate studies abroad in various fields. This initiative presents a chance for Indian students to pursue post-graduate studies abroad, enabling them to enrol in reputable universities or institutes overseas.
What is a KC Mahindra Scholarship?
Every year, the KC Mahindra Scholarship and grants are bestowed upon Indian citizens who have demonstrated outstanding academic achievements but come from economically disadvantaged backgrounds, impeding their ability to fund their education.
Key Features
→ The KC Mahindra Scholarship is granted as an interest-free loan to eligible students.
→ Prospective scholarship candidates must intend to pursue postgraduate programs overseas.
→ The application deadline for the K.C. Mahindra Scholarship is August 20, 2023.
→ The Trust bestows two categories of interest-free loan scholarships annually:
- Up to Rs. 10 lakh per scholar, conferred upon the top 3 K.C. Mahindra Fellows.
- Up to Rs. 5 lakh per scholar, granted to the remaining successful applicants.
→ Among 1,331 contenders in 2019, 62 students were chosen to receive the KC Mahindra Scholarship for their international studies.
Eligibility
→ Hold Indian citizenship
→ Have obtained admission to a postgraduate program at a recognized international university
→ Demonstrate a solid academic history
→ Possess a First Class degree or an equivalent diploma
→ Applied to a course that begins in August 2023 or no later than February 2024.
Application Process
The KC Mahindra Scholarship application can be submitted online by qualified candidates. The applicants must submit all essential documentation for the scholarship application.
The necessary records consist of:
- Admission letter from the university
- Letter of recommendation
- Statement of Purpose
- Scores of standardized exams such as GRE/ GMAT
- Academic transcripts
- Copy of TOEFL/ IELTS Scores
- Curriculum Vitae
Selection Process
The KC Mahindra Scholarship’s selection process is notably competitive, as the chart below illustrates trends from the past four years.
The primary factors guiding the scholarship selection encompass:
- Academic accomplishments
- Financial need
- Applicant’s aptitude and prospective aspirations.
Furthermore, the selection panel evaluates the chosen overseas courses and the applicants’ articulated long and short-term visions as presented in their accompanying application statements.
Ultimately, the selection committee interviews the applicants, and their verdict holds conclusive authority. Comprising distinguished individuals, this committee conducts two-day interviews with the shortlisted candidates.
Terms & Conditions of Scholarship
→ The KC Mahindra Scholarships are granted to students enrolling in prestigious postgraduate programs at renowned international universities.
→ The scholarship is disbursed as an interest-free loan, to be repaid after completing studies.
→ Postgraduate courses for 2 years are eligible; the trust must pre-approve any extensions.
→ Applicants are required to furnish a guarantor for the loan scholarship.
→ The applicant is not obligated or committed to future employment upon finishing their studies.
→ The scholarship recipient is free to join any company they prefer.
Why is the KC Mahindra Scholarship best for you?
The KC Mahindra Scholarships are a transformative opportunity for aspiring Indian nationals pursuing postgraduate studies at esteemed international universities. The program’s rigorous selection process, based on academic excellence, financial need, and the applicant’s potential, reflects its commitment to nurturing exceptional talents from diverse backgrounds.
With no post-study commitments, scholars can shape their professional paths as they see fit. The KC Mahindra Scholarships not only open doors to world-class education but also exemplify the spirit of empowerment and inclusivity, fostering a new generation of leaders poised to impact both locally and globally significantly.
To know more about all the scholarship opportunities, visit the AdmitX website.
Frequently Asked Questions (FAQs)
Q1. Can I apply even if I do not have confirmed admission?
Ans. Yes, you can apply even if your admission has not been confirmed. However, you must update on the status of your application once your admission is secured.
Q2. Do you demand any collateral security from customers?
Ans. Although we don’t require collateral, candidates must have a guarantee. This is required. Liability for the guarantor is equal to that of the candidate.
3. Do you have a Statement of Purpose (SoP) format?
Ans. No, we don’t have a set format but demand a strong SoP. Your reason for applying to a particular course at a particular university should be highlighted in the SoP. We want to learn about your life, the reasons behind your professional choice, and your aspirations through the SoP. A summary of your past actions, current activities, and plans should all be included in your essay.
