National Overseas Scholarship – Coverage and Terms and Conditions



The efflux of Indian students for abroad studies has considerably increased over the past few years. Given the economic conditions of most students belonging to backward classes, government has passed out many funding options for overseas education. Central and State government scholarships are awarded every year to exceptional candidates. One such Scheme Of National Overseas Scholarship For ST Students and scheduled caste students.

It is granted to students pursuing master and research programme in the field of
·         Engineering and Management
·         Pure Sciences & Applied Sciences
·         Agricultural Sciences and Medicine
·         Commerce, Accounting & Finance
·         Humanities & Social Science
Annually, scholarship application is invited for a hundred seats which only the shortlisted, eligible student make up to. Out of these, 30% is reserved for women candidates to propel them toward higher education. 

Terms and Conditions
Students must have secured admission in an accredited university or institution only.
The academic score secured at the bachelor and master level must be 55% along with work experience in the related field.
The candidate should not be older than 35 years of age.
A candidate with at least 2 years of work experience in the related field is preferred for the scholarship.
The family income should not exceed 6 lakhs per annum.
Children belonging to the same parent may apply for the same scholarship scheme however, only two are likely to receive the award.
In case of ongoing employment service, the candidate must issue a ‘No Objection Certificate’ from the employer.
A married candidate applying for the scheme decides to stay with spouse and children to pursue higher education abroad must finance for their academic fee, passport and visa. Spouse and children are not considered as part of the scheme.
Students should not avail of any other scholarship from government or other organization for the specified course if already mentioned in the application form of this scheme.
If the candidate wishes to study in the universities of the USA, then only J-1 visa should be applied for. F-1 visa holders cannot avail this scholarship.
The candidate may not continue to receive the scholarship if decided to change the course of study for which scholarship has been sanctioned.
A lot of other conditions has been specified by the Government in details. You may refer to the guide online.

Other popular scholarships to study overseas are-
·         Padho Pardesh Scheme of Interest Subsidy on Education Loan for Overseas Education
·         Dr. Ambedkar Scheme of Interest Subsidy on Education Loan for Overseas Studies
·         Padho Pardesh Scheme of Interest Subsidy on Education Loan for Overseas Studies and
·         Maharashtra State Government Scholarship scheme for Open and OBC category students

What is covered under this scheme?
Maintenance Allowance: Students enrolling to universities in the USA and other countries except the UK are granted 1500 USD per annum as a maintenance allowance for all courses covered under the scheme. Students enrolling to the UK universities receive 9900 GBP, annually.
Contingency Allowance: If the student has secured admission in the universities of the USA and other countries are granted 1500 USD for books, study tour, travel, typing and binding, apparatus, etc. whereas those pursuing in the UK are granted 1100 GBP, annually.

Visa fees are also covered under the scheme. 
A medical insurance premium will be paid on the behalf of the student.
Airfare of tickets is covered, as well. This is all besides tuition fee expenses. The scholarship amount sanctioned is only for the duration of PhD and master course and cannot be extended further in any matter.

This was all about the scheme. A student may also a apply study loan for abroad studies. For any assistance related to scholarships or education loan, feel free to visit studies abroad consultants.

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Comments

  1. I came across this link on online college student loans, hope can provide more insights.
    education loan scheme

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