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Jain Institute of Technology has evolved a scholarship policy for the students detailing the rules and guidelines to be followed since its inception. It considers award of scholarship based on merit and means. The policy considers award of scholarship and/or adjustment toward tuition fee to a meritorious student in each programme per academic year. The selection procedure involves filling of application by the meritorious students and consideration of partial tuition waiver to deserving students with special skill sets. The scholarship committee constituted by the institution scrutinizes the application and recommends eligible candidate to the Head of the Institution for the award of scholarship and or any other financial support as applicable. The Head of the Institution shall present the details to the governing council which approves the list of candidates recommended.
All scholarship applications received shall be scrutinized based on defined criteria by the scholarship selection committee. The scholarship selection committee chaired by the Head of the institution shall discuss in detail the applications received. An equitable distribution of scholarship is ensured by the committee based on merit/ means, not compromising on the competitive merit and qualifications of the eligible candidates. Applications are thoroughly verified and shortlisted under various categories. The finalization of names is at the sole discretion of the committee members who take unbiased decisions. The scholarship committee also encourages students to apply for competitive scholarships/need based/merit based /governmental scholarships and enables students to secure scholarships from corporate donors, foundations, philanthropists and willing non-governmental bodies.
The eligibility to qualify for scholarship varies on the nature of scholarship which could be merit cum means. Guidelines for eligibility as decided by the committee and approved by the head of the institution will be notified to the students. While awarding the scholarship, several other indicators are also considered that may include previous academic scholarship award, excellence in extracurricular activities and financial hardship of meritorious candidates. All eligible students are required to submit the scholarship application form well within the stipulated time. The selection committee may request for additional information and documents as deemed appropriate. This may include scholarly activities of the applicant like participation in various activities which are pointers towards academic excellence. However, recommendations by competent authorities may also be considered in a few deserving cases. It is the responsibility of the student to submit all documents along with application for consideration. Incomplete or inadequate information will render the application rejected.
The committee meets once the application formality is completed and scrutinizes the applications received in that particular academic year. The consideration may be based on merit cum means. The scholarship award clearly mentions the amount, type of scholarship (partial/full/tuition fee waiver for specific period/special categories), duration and terms of reference for renewal and termination of scholarship. Students have to sign the scholarship acceptance letter before the stipulated date and time. As a matter of policy, the institution awards only one scholarship in a year to a particular student. The awardee is communicated the same and is advised to go through the terms and conditions to avail the scholarship and sign the acceptance letter. The clause makes it clear that the facility may be withdrawn by the Institution at any time if the candidate is found ineligible.
The Selection Committee makes careful semester-wise assessment of students in terms of academics as well as adherence to the code of conduct of the institution. While considering renewal of the scholarship review of academic performance in the previous semesters shall be taken into account. The decision of renewal or rejection is on a case-to-case basis as considered suitable by the committee. If a student is considered ineligible on specific grounds the award may be given to some other deserving candidate as per guidelines.
The awardee has to maintain strict adherence to the rules and regulations of the institution and should possess a clear record in terms of discipline and character. Any act of vandalism or misbehaviour shall demand disciplinary action and withdrawal of the facility.
The Management of the institute as a mandate of its philanthropic initiatives has provided the facility of fee waiver for meritorious and deserving students in each academic year. The number of awardees and the amount so disbursed may vary from year to year. The percentage of waiver also varies and depends on various factors as decided by the management from time to time.
Endowment scholarships shall be instituted in the name of the Donors/ philanthropist/ family donations and the like. However, these scholarships depend on various factors likeavailability of funds, donors and the like. The committee also provides inputs to host the scholarship details on the university website, promotes the scholarship ethics and excellence, and develops effective application protocols and selection process.