Organization : Nirma University
Scholarship Name : ILFS Interest Free Loan Scheme Scholarship
Applicable For : First Year B.Tech. Students
Website : http://www.nirmauni.ac.in/ITNU/Scholarship
Scheme Details : https://www.scholarships.net.in/uploads/11769-Free.pdf
Interest Free Loan Scheme:
Check List for 100% and 50% ILFS Scholarship
Related : Nirma University Scholarship For B. Tech. Students : www.scholarships.net.in/6073.html
Notice:
First Year B.Tech. Students have to fill-up 100% or 50% Interest Free Loan Scheme (IFLS).
Eligibility:
For this scheme, the upper income ceiling of the Family, from all sources, should not exceed Rs. 3,00,000/- per annum for 100% IFLS and should not exceed Rs. 5,00,000/- per annum for 50% IFLS.
The student must have secured at least 70% marks in the H.S.C. examination. The scholarship is limited to maximum 5% students of total sanctioned intake in each Branch.
Attachments:
1. Copy of the Salary Certificate or PLC A/c or Balance Sheet or Income Tax assessment order of parents / guardian or any other proof, which satisfies the Managing Trustee about annual income.
2. Copy of 12th Examination Mark-Sheet
3. Copy of sanction letter from the Bank with full details including the interest to be paid annually.
Interest Re-imbursement Notice: Next Semester renewal forms eligible students have to fill-up.
Attachments:
1. Copy of the Last Semester Grade Report (whether fail or not)
2. Remarks of Head of the Department
3. Interest Rate and Amount of Interest for specific duration
4. Bank Officer’s Signature and Seal of Bank
Meritorious Scholarship :
Scholarship Scheme for the students admitted in B. Tech. Programme
To encourage the meritorious students and help the meritorious students on the basis of merit –cum-means the University has decided to provide the scholarships as under:
A. Category – I (Based on merit only)
Details | Amount (p.a.)
1. 5 Top students : Rs. 1,00,000/- each
2. Other 20 students : Rs. 90,000/- each
3. Another 25 students : Rs. 50,000/- each
The above scholarships will be renewed every year subject to the following conditions:
1. During the entire previous year the conduct of the student is good;
2. The student should maintain merit and get PPI of 7.0 and above and should have passed all courses of study in the first attempt in the previous year;
3. The student is not caught in unfair means in any of the examinations conducted either by the Institution or by the University;
4. The student maintains full attendance except the absence with genuine reasons for which the permission of the HoI is obtained particularly in case of illness;
B. Category – II (Merit Cum Means)
Details Amount (p.a.) :
1. 25 Top students whose parents’ total annual income is upto Rs. 2.5 lacs : Rs. 90,000/- each
2. Other 25 students whose parents’ total annual income is upto Rs. 4.0 lacs : Rs. 50,000/- each
3. Another 25 students whose parents’ total annual income is upto 6.0 lacs : Rs. 25,000/- each
The above scholarships will be subject to the following conditions:
1. All the conditions narrated under Category – I above will be made applicable
2. The students should be within top 500 in the merit list of the students admitted.
Two different merit lists will be prepared and the number of scholarships will be distributed proportionately to each category. The merit list will be as under:
1. The list for the students admitted on the basis of the merit of JEE only which is 35%
2. The another merit list will be prepared on the basis of the students admitted through ACPC
The number of scholarships as mentioned above is maximum and may vary from year to year depending upon the number of NRI seats filled – in every year.
The students admitted under the Non Resident Indian (NRI) or Person of Indian Origin (PIO), Foreign Nationals (FN) or Children of Indian Workers in Gulf Countries (CIWGC) categories will not be eligible for such scholarships.
The President will have power to make any exception in the above rules framed.
However, in case of doubt, if any, in interpretation of any clause, the decision of the President will be final.