S. Vishnu Sharma
KC Mahindra scholarship for post graduate studies abroad has been awarded to 55 students this year. K.C. Mahindra Education Trust made this announcement recently. The trust was founded 65 years ago.
KC Mahindra scholarship was awarded after conducting the required interviews online this year owing the the COVID-19 situation.
KC Mahindra scholarship
K.C. Mahindra Education Trust has been awarding these interest-free, loan scholarships to deserving students desiring to pursue post-graduate studies overseas in various fields, since 1956.
Sources say a total of 1,246 applications were received for KC Mahindra scholarship this year. Evaluation was taken up and 90 candidates were shortlisted to be interviewed by the selection committee comprising of 9 members.
Speaking about KC Mahindra scholarship Anand Mahindra, Chairman, Mahindra Group said the ongoing pandemic has significantly disrupted the higher education sector, which is a critical driver of a country’s economic future.
Despite these unprecedented times, we were able to facilitate the programme for students through virtual interviews.
‘I hope that each one of our scholars uses this unique opportunity to not only pursue their educational goals, but also creates a positive future impact on the communities in which they live and work.’
About 23 graduates were shortlisted for KC Mahindra scholarship. And, they included 23 graduates from IITs, the remaining are alumni of other premier educational institutes including BITS Pilani, the National Law Schools, Lady Shri Ram College, St. Xavier’s College, St. Stephens and Sir JJ College of Architecture.
The candidates had secured admission to highly regarded foreign universities including Harvard, Stanford, Columbia, Carnegie Mellon, UC Berkeley, Georgia Tech, Pennsylvania, London Business School, LSE, Oxford Cambridge and ETH Zurich.
As a part of KC Mahindra scholarship, the top four students will get Rs 8 lakhs each and rest will get Rs 4 lakhs each.
The total value of the KC Mahindra scholarship awarded this year stands at Rs 2.36 crore.
Students who have won KC Mahindra scholarship will be pursuing post graduate studies in a wide range of subjects like Computer Science, Engineering, MBA, Architecture, Design, Law, Public Policy and Economics.
Committee who selected students for KC Mahindra scholarship comprised Anand Mahindra, Chairman, Mahindra Group, Bharat Doshi, Chairman, Mahindra Intertrade Ltd. Ulhas Yargop, Chairman, Bristlecone.
The other members of selection committee for KC Mahindra scholarship are Dr. (Mrs.) Indu Shahani, President and Chair – Indian School of Design & Innovation and Indian School of Management & Entrepreneurship, Ranjan Pant, CEO Advisor, Global Strategy Management Consultant & Change Management Expert.
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Many of those who have received KC Mahindra scholarship are not only carrying out path-breaking research and teaching at reputed institutions but are also manning and leading national and international banking, commercial and financial institutions, multinational corporations.
They are also providing quality health care and legal services and entering sunrise industries such as IT, Biotechnology, Computing, including areas such as Machine Learning, Artificial Intelligence, Robotics and so on.
This was the very first scholarship program set up at the Trust by the founder, Mr. K C Mahindra, and it continues to offer bright Indian students the possibility of pursuing their higher education at reputed universities abroad.
About KCMET
The K.C. Mahindra Education Trust was founded in 1953, by the late Mr. K.C. Mahindra, with the objective of promotion of literacy and higher learning in the country.
The Trust is registered as a Public Charitable Trust under the Bombay Public Trusts Act, 1950.
The vision behind the establishment is to transform the lives of people in India through education by providing financial assistance and recognition to them across all age groups and income strata.
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With this vision, K.C. Mahindra Education Trust continues to make a difference in the lives of thousands of disadvantaged students by offering them a variety of scholarships, livelihood training programmes and financial support.
The Trust has provided more than USD 65 million in the form of grants, scholarships and loans.
These funds are derived from the Trust’s investment portfolio, as well as from CSR grants made from the Mahindra Group of Companies.