JN TATA ENDOWMENT LOAN SCHOLARSHIPS

1. Candidates should be Indians, not older than 45 years as on June 30, 2024, and graduates of a recognised Indian university with at least 60% marks on average in their undergraduate or post-graduate studies. Candidates are not eligible to apply if their undergraduate degree is not from a recognised University in India.
2. The course to which candidates are admitted must be recognised as a Graduate Program (post – graduate in Indian terminology).
3. Candidates who did not get selected in the previous year/earlier for the loan scholarship and candidates who could not avail of the loan scholarship when they were selected are eligible to apply a fresh.
4. Candidates who are already pursuing postgraduate studies abroad may apply either at the end of their first year of studies or at the commencement of the second year, provided there is a minimum of one full academic year (12 months) remaining to be completed at the time of the loan scholarship award, typically in July of any calendar year.
5. Candidates in the final year of their degree courses and those awaiting results are eligible to apply.
6. J N Tata scholars who have fully repaid their existing loan scholarship amount are eligible to apply.
7. Candidates going overseas for seminars, conferences, training, workshops, paper presentation, undergraduate studies, and any post-graduate degree/diploma/certificates through Distance learning or online medium are not eligible to apply.
8. Candidates planning to pursue postgraduate and undergraduate studies in India are not eligible to apply.
9. Candidates who are planning to study for a diploma of at least 1 year duration, whose entry-level requirement is higher secondary level, are not eligible to apply.

Stated amount: 1,000,000

1. The amount awarded as the loan scholarship ranges between Rs. 1,00,000 to Rs. 10,00,000. All selected scholars do not necessarily qualify for the maximum amount.
2. The selected scholars may also be recommended for a gift scholarship and partial travel assistance from our allied Trusts as may be decided at the sole discretion of the Trustees of the concerned Trusts. A gift scholarship can be for a maximum amount of Rs. 7,50,000 and the travel grant can be a maximum of Rs. 50,000. No. of scholarships is subject to availability, please visit official website.

No Information Available.

1. All applications have to be submitted online.
2. Our office remains closed on Saturdays, Sundays and Bank Holidays. Formalities to be completed ​​​​​​​1. The candidate and the guarantor (preferably a parent or a relative having the capacity to repay the loan) will have to visit the Administrative Office of the Endowment, by prior appointment, to complete the necessary formalities, after obtaining the visa.
3. They will be required to enter into a legal agreement with the Trustees and provide documentary evidence of the capacity of the guarantor to repay the loan.
4. Candidates must repay the loan scholarship in five equal installments of 20% between the third and seventh year. Candidates must begin to repay earlier than year three if they have started earning.

Staying true to our founder Jamsetji Nusserwanjee’s vision of rewarding the brightest and the best, we follow a rigorous selection process. It is a matter of pride to be called a JN Tata Scholar. Phase 1

1. Candidates will be required to submit preliminary details such as personal and academic information, work experience (if any), and statement of purpose. Scanned copies of the following documents should be uploaded: a. Candidate’s photo (500 * 500 pixels in jpeg format) b. Aadhar card c. Passport (first & last page) d. Marksheet / Transcript/s for each academic qualification e. The Statement of Purpose (SoP), carries considerable weight in the selection process and while there is no set template for the same, it is expected that the content be written by the applicant and be free of plagiarism and biographical details. The narrative should not exceed 800 words. The SOP should clearly convey the thinking behind your academic choice and the preferred / chosen University and how the same ties in with your academic qualifications, work experience if any and career goals/ plans.
2. Working professionals need to upload 3 additional documents (if any): a. Work Experience certificate from the previous employer b. Appointment letter from the existing employer and c. Latest filed ITR / 3 months’ pay slips.
3. If the information provided by candidates is either incomplete or false, the application will get rejected at any phase and the Endowment will not entertain any queries with regard to the rejection.
4. Once the application is submitted, candidates cannot make any changes to the form.
5. All documents should be uploaded in a grayscale pdf suitably named to identify the nature of the document being shared.
6. Candidates are required to validate the application form before final submission, after which they will not be able to make any changes. Phase 2 – Online test
7. After the initial screening of applications, candidates whose application will be processed further will be informed over email. The remaining candidates will be informed a week in advance, that they are shortlisted to undergo the online test.
8. This is not a subject-specific test and is designed to primarily assess the critical thinking and problem solving skills of a candidate, more details of which will be shared when the candidate is intimated of the shortlisting. The candidate will be guided with detailed instructions and a mock test will also be arranged for familiarization. The technical requirements such as internet connectivity and related aspects will also be clearly conveyed to the candidate. The results of the test will be announced within a week from the date of the test by email. Correspondence in this regard will not be entertained. Phase 3 – Interview with Subject Expert
9. Of those who undertake the online test, some will be shortlisted for the technical interview and the remaining will be informed that their applications will not be processed any further.
10. Candidates who are shortlisted for the interview will be required to complete the application form by providing the details of the University where admission has been secured and the respective course of study. Additional details of the family and funding source for the studies will also be sought.
11. Scanned copies of the following documents should be uploaded:- a. Letter of admission to the University b. Final year mark sheets and degree certificate c. Scorecards (GRE/GMAT/TOEFL/IELTS/ PTE)Certificate of scholarships/ranking/prizes (if any) d. Certificates relating to Co-curricular and extra-curricular activities e. Research work/Project work f. ResumeCost of education g. Source of funds. Phase 4 – Final Selection ​​​​​​​At this stage the shortlist of awardees will be arrived at and announced by mid-July. The candidates who had gone through the interview stage will be intimated of their selection or otherwise over email. The decision of the Endowment on the award of loan scholarships will be final and we would request it to be noted that no correspondence in this regard will be entertained. The awardees will be required to indicate their formal acceptance of the loan scholarship after which the following documentation formalities will need to be completed. For those accepting the loan scholarship the next step will be as under :
12. Scanned copies of the following documents should be uploaded on the portal –
13. Candidate’s PAN card
14. Candidate’s cancelled cheque / latest bank statement
15. Guarantor’s PAN card and Aadhar card
16. Guarantor’s passport size photograph (500*500 pixels in jpeg format)
17. Guarantor’s income proof / latest filed ITR
18. After obtaining the visa and flight ticket the candidate and the guarantor (preferably a parent or a relative) will have to visit the Administrative Office of the Endowment, by prior appointment, to complete the necessary formalities. They will be required to enter into a legal agreement with the Endowment. The loan scholarship agreement is for a period of 7 years and requires the scholar to repay the amount in full in five equal installments between the third and seventh year. Early repayments are however accepted.​​​​​​​ Other Info Other points of relevance :
19. Each candidate must have a guarantor whose liability is on par with the candidate.
20. The guarantor should normally be a parent(s)/guardian of the candidate. In the case of a married person, the guarantor can be a spouse or the parents-in-law.
21. In case parent/s/spouse are unable to be a guarantor owing to genuine reasons, a guardian or any relative (i.e. any member of the family such as brother, sister, father-in-law, mother-in-law, uncle, and aunt (both maternal and paternal) or any other relative may be the guarantor.)
22. A non-relative may act as a guarantor subject to the Endowment’s prior approval and after submitting the relevant documents.