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Deepalaya - Enabling Self-Reliance

The largest operational NGO in Delhi

Deepalaya - Enabling Self-Reliance

Merit-cum-Means Loan Scholarship

May 2nd, 2007 Tags: none

With its mission of ‘Education for Self-Reliance’, Deepalaya has initiated a Loan Scholarship for students who find it difficult to pursue further professional education due to financial constraints. A revolving corpus fund has been instituted as a ‘Merit-cum-Means’ scholarship loan, repayable with minimal interest over a fixed period of time after the student passes out and gets gainfully employed. Meritorious students, particularly girls, wanting to enroll in courses like Nursing, MBA, Hospitality and Mass Communication are eligible to apply. Deepalaya will closely monitor the progress.

The first recipient of the Merit-cum-Means Loan, Mr. Anand Swaroop Yadav, who is pursuing his B.E in IT from Madhav Institute of Science and Technology, Gwalior was awarded a cheque for Rs.50, 000/-. Mr. Anand Yadav who is 21 years old and a resident of Gwalior has always been an exceptionally bright student throughout his school days. He completed his school education most of the time receiving scholarship money, as his father’s income was insufficient and unsteady. After completing his XIIth in the Maths, Physics, Chemistry and Computer Science stream with 70% marks, he sat for the All India Engineering Entrance Exam and Madhya Pradesh Pre Engineering Test. He cleared both without difficulty but took admission in Madhav Institute of Technology & Science. He is currently in the II year of BE in Information Technology and is doing very well. Anand is an all rounder having taken part in many competitions.

Anand has two elder sisters, both married. His younger brother is doing his graduation.

His father is working in a private firm whose income is meager and job, insecure. His mother is a housewife. Despite their struggle, Anand’s parents have been very supportive always encouraging him to scale heights.

Anand aspires to get into a good paying job and pursue MBA part time.

With its mission of ‘Education for Self-Reliance’, Deepalaya has initiated a Loan Scholarship for students who find it difficult to pursue further professional education due to financial constraints. A revolving corpus fund has been instituted as a ‘Merit-cum-Means’ scholarship loan, repayable with minimal interest over a fixed period of time after the student passes out and gets gainfully employed. Meritorious students, particularly girls, wanting to enroll in courses like Nursing, MBA, Hospitality and Mass Communication are eligible to apply. Deepalaya will closely monitor the progress.

The first recipient of the Merit-cum-Means Loan, Mr. Anand Swaroop Yadav, who is pursuing his B.E in IT from Madhav Institute of Science and Technology, Gwalior was awarded a cheque for Rs.50, 000/-. Mr. Anand Yadav who is 21 years old and a resident of Gwalior has always been an exceptionally bright student throughout his school days. He completed his school education most of the time receiving scholarship money, as his father’s income was insufficient and unsteady. After completing his XIIth in the Maths, Physics, Chemistry and Computer Science stream with 70% marks, he sat for the All India Engineering Entrance Exam and Madhya Pradesh Pre Engineering Test. He cleared both without difficulty but took admission in Madhav Institute of Technology & Science. He is currently in the II year of BE in Information Technology and is doing very well. Anand is an all rounder having taken part in many competitions.

Anand has two elder sisters, both married. His younger brother is doing his graduation.

His father is working in a private firm whose income is meager and job, insecure. His mother is a housewife. Despite their struggle, Anand’s parents have been very supportive always encouraging him to scale heights.

Anand aspires to get into a good paying job and pursue MBA part time.

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