JN Tata Endowment Loan Scholarship 2022: Online Application and Eligibility

JN Tata Endowment Loan Scholarship: Jamsetji Nusserwanji Tata Endowment Awards is a scholarship program which aims to aid the dreams of Indian students who aspire to study abroad. Applicants will be able to apply for educational loans and additional awards through the JN Tata Endowment Loan Scholarship Scheme. Benefits up to Rs.10,000,000 can be used through this program. Candidates interested in the JN Tata Endowment Loan Scholarship should register online before the last date in order to apply for the application. The program has helped over 5400 applicants and is constantly striving to help more students. For more details such as eligibility, important dates, scholarship amount, etc., see the following article.

JN Tata Endowment Loan Scholarship 2022

Candidates who wish to pursue higher education in institutions located abroad often face financial difficulties. This could result in the dreams of these students not being realized. To ensure that no such situation arises, the JN Tata Endowment Awards have launched their scholarship program. Under this scheme, applicants can receive a loan of up to Rs. 10 Lakhs to cover their study expenses. In addition, candidates will also receive a lump sum in order to manage travel expenses.

The price of the gift will, however, depend on the academic performance of the candidates. Applicants can avail the benefits of this program by applying online.

JN Tata Endowment Loan Scholarship: Highlights

Program name JN Tata Endowment Loan Scholarship
Authority Jamsetji Nusserwanji Tata Foundation for Indian Higher Education
Year 2022
Objective To financially assist the higher education of Indians in overseas institutions
Beneficiaries Deserving Graduated Indian Students who have applied for Postgraduate or Doctoral Programs in Foreign Universities
Course Full-time regular and offline postgraduate courses in any field
Amount of the loan Minimum R. 1 Lakhs and up to Rs. 10,000,000
Travel support Rs.50,000
Gift amount Minimum R. 2 Lakhs and up to Rs. 7.5,000,000
How to apply On line
Deadline to apply To be determined
Selection factors Online test, graduation scores, GMAT or GRE or ILETS or TOEFL score, co-curricular and extracurricular activities, research, work experience, and statement of purpose or SoP
Online test date To be determined
Amount refund format 5 full installments each worth 20% of the loan amount
Debt repayment term From the third year to the seventh year maximum from the issue of the amount
Debt issuance basis Contractual

Purpose of the loan scholarship

The JN Tata Endowment Loan Scholarship 2022 is an initiative of the JN Tata Endowment Awards Organization. The main objective is to support the educational dreams of students who wish to pursue higher education abroad. Expenses in such cases are very stressful and threaten the candidate’s prosecution. To ensure that this situation is avoided, applicants can apply for loans and obtain gifts. Donations will be inclusive courtesy of the associates of the trust. Thus, the association has supported many students by rewarding them on the basis of their academic performance and their merit in the selection procedure.

Loan grant amount

Applicants who will be selected for the benefits of this scholarship loan program can avail benefits of up to Rs.10,000,000. The minimum amount applicants can receive is Rs.1,000,000. The trust, however, said applicants who qualify for the program will not receive the maximum amount. The amount will entirely depend on the score and the need of the applicants.

Selected students will receive an additional amount of up to Rs.50,000 in the form of partial travel assistance and a gift offered by the organization’s allies. Trustees can award an amount ranging from Rs.2,000,000 at Rs. 7.5 Lakhs entirely depends on the performance of the student in the degree course for which the scholarship loan was issued. Students will be required to submit their performance reports and necessary documents during their academic period in order to receive the benefits of the gifts.

Loan Grant Eligibility Criteria

Applicants who wish to avail the benefits of the JN Tata Endowment Scholarships Scholarship Loan Program should observe the eligibility requirements carefully before applying for the scholarship. Candidates must apply online in order to secure their application for the scholarship procedure. The following criteria must be met:

  • The applicant must be an Indian citizen only.
  • Candidates wishing to study should not be over the age of 45.
  • The student must have successfully completed an undergraduate course or must be in the final academic year of the program.
  • The candidate must be studying at a foreign university at post-graduate or doctoral level or have applied to a university.
  • Candidates in their first year of study abroad and who are about to start the fall-spring semester can also apply.
  • The candidate must have obtained at least 60% in the previous qualification examination of the undergraduate or postgraduate courses of a recognized Indian university.
  • Admission during settlement abroad must be recognized as a graduate program under foreign terms. According to Indian terminology, the program must be a post-graduate level course.
  • Candidates who have reapplied because they were rejected the previous year or were unable to receive the scholarship amount for any reason may also apply.
  • Applicants who have repaid the previous debt amount of this scholarship loan can also reapply.
  • The scholarship loan provision is only for those who plan to pursue a full-time regular degree program. Trainings, workshops, diplomas, certifications, distance learning, conferences, presentations or online studies cannot apply.
  • Applicants must have a valid and better score in GRE or GMAT or TOEFL or ILETS. In the event that candidates score significantly lower on any of these exams, they will try to improve by retaking the tests.

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JN Tata Endowment Loan Scholarship Application Procedure

The only way to apply for the scholarship loan is online. No offline applications will be considered. Only eligible and complete applications submitted through the JN Tata Endowment portal will be accepted. To apply for the scholarship program, follow the steps below:

  1. Visit the Official Portal of the JN Tata EndowmentThe JN Tata Endowment for Indian Higher Education at www.jntataendowment.org.
  2. On the home page, see the top corner.
  3. Click on “Login/Register for Graduates” to open the scholarship application form.
  4. Enter personal information such as name and email id.
  5. Select the scholarship options and enter additional details regarding the scholarship amount requirement in the section “JN Tata Details“.
  6. In the “Current profile” section, enter details of work or studies.
  7. Accept the terms and conditions by checking the agree box.
  8. Prove human access to the application by completing the Captcha verification.
  9. Finally, press “Submit“.
  10. At the top corner of the page, select “Login” to log in to the newly created account.
  11. In the user dashboard, check the status of the request and all the details, then upload all important documents, if necessary.

Documents required when submitting the form

The only documents a candidate must have to apply for the scholarship are the statement of purpose and an official letter of recommendation. These records are only required at the time of the interview for candidate verification. Students must also submit scanned copies of notified documents at the same time.

Selection Procedure for JN Tata Endowment Loan Scholarship 2022

Candidates will be selected initially on the basis of their applications. Final candidates will only be shortlisted after the online test which will follow the same guidelines as the TSA or thinking skills assessment. The exam is considered very competitive and is not particularly topic-focused, but involves arithmetic problems not based on complicated calculations. Further details about the test will be communicated to candidates via individual emails.

The results will be announced in the week following the completion of the test. After the online test, candidates will be required to take the virtual interview via Skype or Microsoft Teams, or Zoom. The selection is also highly dependent on the academic results of the previous exam and the result of overseas teaching exams such as GRE, GMAT, ILETS and TOEFL. Additionally, factors such as co-curricular and extracurricular activities, work experience, statement of purpose or SoP, and general research also affect selection status.

Additional formalities and reimbursement of the amount

Applicants will be required to enter into a contract with the Organization and the Allied Trustees regarding the repayment of the scholarship loan amount. After completing the visa and other legal formalities, they will need to go to the JN Tata staffing office with the surety. The amount of the scholarship must be reimbursed in five equal installments. Each payment must be 20% of the total amount of the loan. Five years will be given to the candidates to repay the debt. The time will start at the beginning of the Third year and will end in Seventh year. However, applicants can choose to start repaying the amount before the third year.

Important links and contacts

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