"Even after scoring 93% marks in Class 12 board exams, I was not sure of getting admission in an engineering college for my inability to pay a huge fee. Lovely Professional University (LPU) has offered me Rs 4 lakh scholarship for pursuing engineering as a career.I am happy. It's like a dream come true," said Suggala Prudhui Sai, a student hailing from Khammam district in Andhra Pradesh.
Sai, who has secured a seat in B. Tech (honours) electronics and communication engineering programme, said that he preferred to take admission in LPU, hundreds of kms from my native place, for the university's Rs 1 lakh per year scholarship, the quality of its faculty and the industry-oriented curriculum.
"One of my cousins had already been enrolled here for past two years and he too availed the scholarship scheme meant for meritorious students," Sai said, adding that his annual fee, otherwise, was Rs 1.6 lakh.
Sai is not alone to avail such a facility. As many as 20,000 students, from across the country and different parts of the world, are being extended scholarship and financial assistance based on their performance in qualifying exam and their economic status, Ashok Mittal, LPU chancellor, said. He added that Rs 100 crore will be given as scholarship to these students during the current academic season.
This year itself, 4,500 new students have availed of scholarship worth Rs 25 crore till now, he added.
"We offer a maximum scholarship of Rs 1 lakh per student per year depending upon the study programme. The initiative is aimed at supporting talented students pursue courses of their choice. The last date to avail scholarship is July 31," he added.
Mittal said that this scheme is based on the percentage of marks obtained in qualifying examination (70% aggregate marks or above) or the relevant national level entrance tests like AIEEE, CAT, MAT, XAT or state-level tests by a student to secure admission in an under graduate programme.
"In the case of the post-graduation programmes, scholarship is now being extended on the basis of performance of an applicant in Class 12 as well as graduation course, whichever is higher. Earlier, it was based only on marks in graduation," Mittal added.
"We also extend this scheme to students on the basis of the performance in sports, cultural, co-curricular, social service and bravery acts," he added.