JN Tata Endowment Scholarship, a one-time loan scholarship program, is designed for Indian students beginning higher education in an international university.
The loan scholarship amount ranges between INR 1,00,000 and INR 10,00,000.
Scholars do not necessarily qualify for the maximum reward amount.
Registration and applications for the JN Tata Loan scholarship 2020 will close on March 9, 2020.
The selection process takes place in 3 stages- initial screening, online test, and interview session.
A list of recipients will be released in the first week of July.
Selected scholars may be recommended for a gift scholarship of up to INR 75,000 and a partial travel allowance of up to INR 50,000. Gift scholarships are offered on the basis of the recipient’s academic performance at their chosen university to study abroad.
Recipients must repay the loan scholarship in 5 equal installments of 20% between the third and seventh years. They must begin to repay earlier than year three if they have started earning.
Shortlisted candidates will receive updates via emails.
Second Level: Online Test
Shortlisted candidates will be asked to appear for an Online test based on the lines of Thinking Skills Assessment (TSA). For Tata Loan Scholarship 2020, the online test will be conducted on April 12, 2020.
Candidates shortlisted after the TSA test will be invited for an interview session. However, before that, the candidates must upload scanned copies of student supporting documents.
Third Level: Interview Session
The interview will be technical in the sense that candidates will be tested on the understanding of their subject. They will be examined in detail about the depth of their studies.
The candidates who are applying in their second year will be tested on the knowledge they gained during their first year.
The interview is conducted by the Director of Endowment and a Subject Expert in Mumbai or through Skype.
Note: Selection for interview sessions is no guarantee of receiving the Tata scholarship for Indian students pursuing higher education.
JN Tata Endowment Scholarship is awarded to candidates who wish to pursue full-time Masters, Ph.D., Postdoctoral, Research Fellowship in any field overseas.
The amount varies from INR 1,00,000 to INR 10,00,000.
All the selected candidates are not eligible for the maximum amount.
Candidates must secure at least 60 % marks in their last academic performance.
Statement of Purpose and Letter of Recommendation must be submitted.
The application starts in December.
The entire application procedure is online.
The selection procedure consists of three rounds
The results are announced in the first week of July through email.
Formalities to be completed if one is selected for the scholarship:
The selected candidate and his guardian have to visit the Administration Office to complete the necessary formalities. They must have a prior appointment and must have obtained a visa.
Basically one needs to submit the documentary evidence that they have the capacity to repay the loan and thus enter a legal agreement with Trustees.
One needs to repay the loan in five installments between the third and seventh year.