03 Aug 2017

Type: Scholarship Notices

Loan scholarships are granted to enable students to undertake scientific, technical, industrial or commercial studies in India and overseas on the condition that they are repayable with interest in terms of the agreement and other documents required to be entered into and executed by applicants and their male guarantors.

How to apply?

Aspiring candidates can apply for the scholarship on the prescribed Form, which can be obtained on request from the Trust office. No Forms will be sent to intending applicants by post, unless the request is accompanied by payment of Rs.50/- either by a Postal Order or by demand draft in favour of R D Sethna Scholarship Fund. Applicants must also send a self addressed Rs.10/- stamped envelope of size: 23 cm x 10 cm. Applicants must indicate whether the Form is required for studies in India or overseas.

Important Dates

Start of Application Process

  • 1st Apr, 2017

Last date for receiving applications:

  • For overseas studies ---31st May, 2017
  • For local studies ---31st Aug, 2017 each year

Only successful applicants will be informed of the grant, and no intimation will be given to unsuccessful applicants.

Eligibility Conditions

Aspiring candidates must have passed at least the Secondary School Certificate examination or other equivalent examination and secured not less than 50% of the total marks in the last examination given by them prior to the making of the applications are eligible to apply for a loan scholarship.

The R D Sethna Scholarship Fund grants only loan scholarships to students who are citizens of India, regardless of community, caste or creed.

The person proposed as guarantor must be a male, and permanent resident in Mumbai having a monthly income of not less than Rs.10,000/- for applicants pursuing studies in India and Rs.15,000/- for applicants pursuing studies overseas.

Applicants must submit letters of recommendation from 2 recommenders who are permanent residents in Mumbai.