Lodha Foundation Scholarship

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Areas of Study :
General
Level :
School Level
Scholarship Funded by :
Lodha Foundation, Mumbai
Provided to :
Students from Std. V to Std. XII living in the Mumbai Metropolitain Region

Lodha Foundation is the Lodha Group's arm tasked with fulfilling its core value of 'We will wholeheartedly contribute to our nation's communities and its environment'. The foundation has significantly evolved over the last 3 years and is carrying out a vast variety of social works towards this objective. The company is contributing 2% of its annual profits towards the Lodha Foundation's initiatives, which is one of the highest levels in corporate India. Strongly believing education can play a key role in the upliftment of people and thereby development of the nation, the foundation has initiated a scholarship scheme where the foundation will bear the school fees for over one thousand school children, based on their financial needs and academic performance.

Lodha Foundation's scholorships are carefully designed to ensure that access to education is available solely on the basis of merit, without any financial constraints. The program offers financial assistance to students from Std. V to Std. XII living in the Mumbai Metropolitain Region (MMR) whose annual household income is less than Rs.4,50,000/- per annum. Lodha Foundation scholarships help the students to pursue their dreams and build a better life for themselves, their family and of course the nation. Over 1000 scholarships shall be awarded each year.

Eligibility for Lodha Foundation Scholarship

To be eligible for Lodha Foundation Scholarship, the applicant must :

Students who have been a resident of Mumbai Metropolitan Region (MMR) (including Mumbai, Thane, Mira Bhayandar, Kalyan Dombivali, Vasai-Virar, Navi Mumbai) for a minimum of 3 years at the time of application.
Studying in Standard V to XII of any school located in the Mumbai Metropolitan Region.
Belongs to families whose annual household income is less than Rs. 4,50,000 per annum/ 37,500 per month. (combined income of both parents / guardians).
Only Indian nationals are eligible to apply for this program.

Note :
Students already availing of any other scholarship are not eligible for this program.
Only one child per family will be eligible for this scholarship.

Lodha Foundation Scholarship Application Procedure

The application form for Lodha Foundation scholarships will be available on the website www.lodha-foundation.org/scholarships. Eligible students are required to fill the application form and submit it online before the due date. A copy of mandatory supporting documents must be submitted at the time when the selected student will be called for an interview.

Documents to be submitted at interview for selected students:

Student - Mark sheets for the previous two years, duly certified by the school principal
Student - School ID card
Student - Ration card/ passport copy showing name and address
Parent/ Guardian - Last year's Income Tax statement of both parents OR Statement of Income from employer of both parents stating total income for last financial year
Photograph of the student

Lodha Foundation Scholarship Selection Procedure

Selection shall be made on basis of merit and financial need, as per the sole decision of the Governing body. Over 1000 such scholarships (including continuing Students) shall be given each year on first-come-first serve basis. Minimum 50% of the scholarship shall be earmarked towards families of Government employees and preference shall be given to female students.

Decision on award will be notified by email or phone.

Trust will pay 80% of the school fees of the Students, subject to a maximum of Rs. 18,000 per year / 1,500 per month.
Fee will be paid directly to the school on a quarterly basis.
Students who get 80% or higher marks (weighted average of all school-level exams held during the year) will receive an additional stipend of Rs. 3,000 per year for use towards their intellectual growth, at the end of the school year.
To maintain eligibility for next academic year, Students have to obtain min. 70% in their school exams (weighted average of all school-level exams held during the year).
Fresh application is required to be made after 3 consecutive academic years of receiving the program benefits.

Contact Details

Lodha Foundation
Mirador Building,
First Floor,
Bhulabhai Desai Road,
BreachCandy,
Mumbai - 400026
Phone: +91-22-23670627

Level P 2, Lodha Excelus, N.M.Joshi Marg,
Mahalaxmi, Mumbai - 400 011.
E-mail : Contact Now
Website : www.lodha-foundation.org

Tags

school education scholarship , plus two scholarship

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