This endowment fund is established with Rs. 25 Lakh for the Financial Aid The interest earned will be used for financial aid to the students who have lost the main income earner or the main income earner's earning is severely reduced due to a serious medical condition. The aid may vary from Rs. 5,000 to Rs. 25,000 based on the interest income and number of applicants. If students meet the requirements, they will continue receiving the Financial Aid for the remaining years.
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The MoA for Financial Aid was amended on December 15, 2024. The Amendment to the MoA includes Emergency Financial Aid provision to award up to Rs. 25,000 and also provides flexibility to the selection committee to award more than Rs. 25,000 financial aid to any qualified student depending on the interest income and number of applicants.
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Click here to Apply for Emergency Financial Aid