JN Tata Endowment Loan Scholarship 2022-23
Established in 1892, The JN Tata Endowment Loan Scholarship provides partial financial assistance to Indians who wish to pursue Postgraduate/Doctoral/Postdoctoral/Research studies abroad. Candidates who are selected for the loan scholarship may also be recommended for a partial ‘Travel Grant’ (a maximum of INR 50,000) and a ‘Gift Award’ from our allied Trusts as may at the sole discretion of the Trustees of the concerned Trusts. The gift award ranges between INR 2,00,000 and INR 7,50,000 and depends on the academic performance of the candidates in the course for which they are awarded the JN Tata Loan scholarship. The gift award will be considered only for those who submit the relevant academic performance proof such as a transcript and progress report.
The JN Tata Endowment Loan Scholarship programme has helped over 5419 candidates in pursuing higher education opportunities abroad.
Eligibility for JN Tata Endowment Loan Scholarship
- 🔵Candidates should be Indians, not older than 45 years as on 30th June 2022 and have completed at least one undergraduate de
- /institution in India.
- 🔵Candidates who are at the end of the 1st year and entering into the second year of their overseas studies (Fall 2022 – Spring 2023) are also eligible to apply. This is applicable only if the minimum duration of the course is 2 years and there is at least one full academic year remaining to complete at the time of award of the loan scholarship, normally by July of any calendar year.
- 🔵Candidates must have scored at least 60% marks on average in their undergraduate or postgraduate studies.
- 🔵The course to which candidates are admitted must be recognised as a Graduate Program (post-graduate in Indian terminology).
Benefits or Loan Details of JN TaTa Endowment Loan Scholarships
Loan scholarship up to INR 10 lakh
Loan scholarship up to INR 10 lakh
🔵Documents Required:
Only the Statement of Purpose and Letter of Recommendation. All scanned copies of the required documents must be submitted at the time of the interview.
Only the Statement of Purpose and Letter of Recommendation. All scanned copies of the required documents must be submitted at the time of the interview.
Doubts and Clarifications on TATA Endowment Loan Scholarship
What is the loan scholarship?The scholarship is offered at a simple interest of 2% per annum. However, Trustees may waive the interest if candidates repaid the loan by the end of the seventh year. The repayment schedule is in five equal installments of 20% between 3rd and 7th year.
Selection process for the JN Tata Endowment Loan Scholarship?
The selection process for the JN Tata Endowment Loan Scholarship involves a multi-stage process:
Initial screening of the applications,
- Online test based on the lines of Thinking Skills Assessment (TSA), and
- Interview of the candidates selected in the online test.
Yes, candidates who do not have confirmed admission from the universities they have applied to, can also apply. However, they must update the application status with the Endowment once admission is secured, by sending an appropriate email to jnte@tatatruts.org.
🔵Click on the 'Apply Now' button below to start the application. Apply Now
