JN Tata Endowment Loan Scholarship 2024: Eligibility & Amount

JN Tata Endowment Loan Scholarship 2024 Apply Online & Registration Form | Benefits & Features | JN Tata Endowment Loan Scholarship View Loan Details & Last Date | Registration & Login Portal | View Status & All Details |

JN Tata Endowment Loan Scholarship is launched by JN Tata Endowment. This is a one-time loan scholarship for Indian students. From this scholarship, the student can pursue their education in an international university. The students must undergraduates from Indian universities. Only Indian citizens can avail this scholarship. This scholarship will provide funds to economically backward students.

Today from this article we will provide you with all the information about this scholarship such as the process, objective, highlights, timelines, objective, eligibility criteria, important documents, etc. Apart from this, we will also provide you with all processes to apply online. If you want to grab all this information you have to read our article very carefully.

JN Tata Endowment Loan Scholarship 2024

JN Tata Endowment Loan Scholarship is launched by JN Tata Endowment. This scholarship is for those students who want to pursue postgraduate/Doctoral courses in abroad but do not have enough funds to do so. This scholarship will support them to carry forward their education. Students must be undergraduates and must secure at least 60% in the last academic year.

This scholarship will encourage underprivileged students to pursue their higher education without any worry of funds. This scholarship is providing a great opportunity to get better quality of education. Through this scholarship, students can fulfil their education needs and can make their future brighter. From this loan scholarship, students will be provided Rs of 1 lakh to Rs 10 lakh. Students can repay the loan in 5 equal instalments of 20% between the 3rd and 7th years. When the student begins to earn, he can repay the loan.

Highlights Of the JN Tata Endowment Loan Scholarship 2024

The highlights of this scholarship are given below: –

Objective Of JN Tata Endowment Loan Scholarship

The main objective of the JN Tata Endowment Loan Scholarship is to support the students who are undergraduates and want to study at an International University. This scholarship will provide a loan of Rs 1 lakh to Rs 2 lakh. From this loan scholarship, students of underprivileged families can pursue their higher education at an International University.  This Scholarship will make their future brighter. Only those candidates will be selected who have secured at least 60% marks in their last academic performance.

 Another objective of this scholarship is to encourage Students for pursuing their higher education at an International University. From this scholarship literacy rate will increase and students will move forward toward employment. Students can repay the loan in 5 equal instalments of 20% between the third and seventh year. They can repay when they have started earning. This scholarship provides a golden opportunity.

Beneficiary Category

The JN Tata Endowment Loan Scholarship is a prestigious scholarship program that aims to provide financial assistance to deserving students for pursuing higher education abroad. This scholarship is open to Indian students from various disciplines and offers a loan scholarship to cover the cost of tuition fees, living expenses, and other related expenses.

Application Enrollment Last Dates

The application process for the JN Tata Endowment Loan Scholarship is open annually, and the last date for enrollment varies each year. It is important for interested candidates to regularly check the official website of the JN Tata Endowment to stay updated on the application deadlines.

Selection Procedure

The selection of candidates for the JN Tata Endowment Loan Scholarship is based on a rigorous evaluation process. The scholarship committee considers various factors such as academic performance, extracurricular activities, leadership qualities, and financial need. Shortlisted candidates are called for an interview, which plays a crucial role in the final selection.

Implementation Procedure

Once selected for the JN Tata Endowment Loan Scholarship, the implementation procedure involves the disbursement of the scholarship amount as a loan. The loan amount is decided based on the assessment of the candidate’s financial need and the cost of their chosen course. The loan is interest-free and needs to be repaid in easy installments after the completion of the course.

Supervision Body

The JN Tata Endowment Loan Scholarship is administered by the Tata Trusts, a renowned philanthropic organization in India. The Trusts ensure the smooth functioning of the scholarship program and provide necessary guidance and support to the selected scholars throughout their educational journey.

Key Guidelines

• Eligibility: The scholarship is open to Indian students who have secured admission to a full-time postgraduate/Ph.D. program or a research program abroad.
• Disciplines Covered: The scholarship is available for students from various disciplines, including but not limited to engineering, pure sciences, social sciences, humanities, and management.
• Loan Amount: The loan amount is determined based on the assessment of the candidate’s financial need and the cost of the chosen course.
• Repayment: The loan is interest-free and needs to be repaid in easy installments after the completion of the course. The repayment period is generally 5-7 years, depending on the loan amount.
• Course Completion: Scholars are required to complete their course within the stipulated time period as mentioned in the loan agreement.
• Progress Reports: Scholars are required to submit progress reports to the Tata Trusts periodically, updating them about their academic performance and any other relevant information.
• Change of Course/University: Any change in the course or university must be intimated to the Tata Trusts for necessary approvals.
• Additional Funding: Scholars are encouraged to explore other sources of funding for their education. However, they need to inform the Tata Trusts about any additional scholarships or financial assistance received.
• Documentation: Selected candidates need to submit all the required documents, including academic transcripts, admission letter, and financial statements, as per the guidelines provided by the Tata Trusts.
• Code of Conduct: Scholars are expected to maintain high ethical standards and adhere to the code of conduct set by the Tata Trusts.

Important Instructions

• Read the eligibility criteria and guidelines carefully before applying.
• Ensure all the required documents are in order and readily available.
• Prepare for the interview by researching about the scholarship program and being well-versed with your chosen field of study.
• Submit the application well before the deadline to avoid any last-minute technical glitches.
• Keep a copy of the submitted application and all supporting documents for future reference.
• Follow the instructions provided by the Tata Trusts regarding the submission of additional documents or any other requirements.
• Stay updated with the official website of the JN Tata Endowment for any updates or announcements regarding the scholarship program.
• Seek guidance from mentors, teachers, or professionals who have previously availed the JN Tata Endowment Loan Scholarship.
• Be proactive in seeking financial assistance from other sources to supplement the scholarship amount.
• Stay committed to your educational goals and make the most of the opportunities provided by the scholarship.

Tips and Tricks

• Start the application process well in advance to have sufficient time for thorough preparation.
• Highlight your academic achievements, extracurricular activities, and leadership experiences in the application and interview.
• Emphasize your passion for your chosen field of study and how the scholarship will help you achieve your career goals.
• Practice for the interview by conducting mock interviews with friends or mentors.
• Be confident, articulate, and well-prepared during the interview.
• Network with other scholars or professionals in your field to gain insights and guidance.
• Stay organized and keep track of all the deadlines and requirements.
• Write a compelling statement of purpose that showcases your motivation, aspirations, and potential.
• Be genuine and authentic in your application and interview responses.
• Express gratitude towards the Tata Trusts for providing this opportunity.

General Points to Remember

• The JN Tata Endowment Loan Scholarship is a highly competitive scholarship program.
• Ensure that your application stands out by showcasing your unique qualities and achievements.
• Be prepared for the intense selection process and give your best at every stage.
• Remember that the scholarship is not just a financial aid but also a recognition of your potential and talent.
• Stay focused, determined, and motivated throughout the application and selection process.
• Use the scholarship as a stepping stone towards achieving your academic and career goals.
• Make a positive impact in your chosen field of study and contribute to society.
• Stay connected with the Tata Trusts and fellow scholars to build a strong network.
• Give back to society by sharing your knowledge and experiences with others.
• Remember that the JN Tata Endowment Loan Scholarship is a privilege and an opportunity to make a difference in your life and the lives of others.

Selection Process

For availing of this scholarship students have to go through the selection procedure. The selection procedure has three stages initial screening, an online test, and an interview:-

•  Initial screening:- Students will be selected on their academic performance, and involvement in co-curricular and extracurricular activities will also be checked.
• Online tests:- students have to give online tests based on the lines of Thinking skill assessment. 
• Interview session:- Selected students will be invited for an interview. It will be based on last year’s knowledge they gained. The interviews were conducted by the director of the endowment and subject expert in Mumbai.

Important Information

This scholarship will be provided to candidates who wish to pursue a full-time master’s PhD or a postdoctoral research fellowship in any field. The amount provided within the scholarship is Rs 1 lakh to Rs 10 lakh. Those students who are selected are not eligible for the maximum amount. Candidates must secure at least 60% in their last academic performance. Statement of purpose and letter of recommendation must be submitted. The application will start in December and the whole procedure is online. If the candidate is selected for the scholarship his guardians have to visit the administration office to complete the necessary formalities.

Benefits Of JN Tata Endowment Loan Scholarship  

  The benefit of this scholarship is given below: –

• JN Tata Endowment Loan Scholarship Is launched by JN Tata endowment.
• This scholarship will provide loans to Indian students to pursue their higher education.
•  From the scholarship, students can carry forward their education at an International University.
• The loan provided in this scholarship is Rs 1 lakh to RS 10 lakh.
•  From this scholarship, students can make their future brighter.
•  This will also help in increasing the rate of employment.
•  Selected candidates maybe provide a gift scholarship of up to Rs 75,000.
• Selected students will also be provided with a travel allowance of up to Rs 50,000.
• Gift scholarships will also be provided based on candidates’ academic performance at their choosing University to study abroad.
• This scholarship will improve the literacy rate in our country.

 Features Of JN Tata Endowment Loan Scholarship

 The features of this scholarship are given below: –

• JN Tata endowment has launched JN Tata Endowment Loan Scholarship.
•  Indian students are getting a golden opportunity to get this loan scholarship for a better future.
•  This scholarship is providing a lucky chance to study at an International University.
•  This scholarship will provide loans up to 1 lakh to 10 lakh.
• Those students who are selected for this scholarship will be provided with a gift scholarship of up to Rs 75,000.
•  A travel allowance of Rs 50,000 will also be given.
• Gift scholarships will also be provided to the students according to their academic performance at the university to study abroad.
• Selected students can repay the loan scholarship in five equal instalments of 20%.
•  They can repay this loan scholarship when they have started earning.
• JN Tata Endowment Loan Scholarship Is for Indian citizens.

JN Tata Endowment Loan Scholarship Eligibility Criteria

 The eligibility criteria for this scholarship are given below: –

• The student must be an Indian citizen.
•  The academic qualification of the student must be a UG degree from Indian University.
•  Students must secure at least 60% in the last academic exam.
•  The age limit of students will not exceed more than 45 years.

Important Documents

 Some of the important documents required for this scholarship are given below: –

• Only the statement of purpose and letter of recommendation bill is required.
• All scanned copies of the required documents must be submitted at the same time as the interview.

Procedure To Apply Online Under JN Tata Endowment Loan Scholarship

The applicant who wants to apply for this scholarship can follow the given steps: –

• First, visit the Official Website of this scholarship.

• The home page will appear Infront of you.
• Now click on the option Register here.
• A new page will appear Infront of you.
• The registration form will open.
• Now fill in the given details carefully.
• Now verify the Captcha.
• Click on the submit option.

Contact Details

If you have any queries regarding the JN Tata Endowment Loan Scholarship, then you can contact us on the given details below: –

• Office Address-
  • Mulla House,                  
  • Fourth Floor,
  • 51,
  • Mahatma Gandhi Road,
  • Fort,
  • Mumbai 400 001,
  • India
• Telephone no.: – +91 22 66657774
•  Email: – [email protected]