Indian Oil Corporation Scholarships Scheme Ovearseas loan India
Eligibility for Indian Oil Corporation Scholarships Overseas Loan Scholarship :

Out of the total 450 scholarships, 250 scholarships for 10+/ ITI students will be on zonal basis @ Rs. 1000/- per month for two years under the Indian Oil Corporation Scholarships Scheme ..

Engineering (100) and MBBS (40) students will be awarded scholarships @ Rs. 2000/- per month for four years, while MBA (60) students shall be entitled to a scholarship amount of Rs.2000/- per month for a duration of two years under the Indian Oil Corporation Scholarships Scheme ..

As part of the scheme, special encouragement is being given to girl students, physically challenged students, and students from J and K as well as the Northeast States under the Indian Oil Corporation Scholarships Scheme ..

Indian-Oil-Corporation-Scholarships.html 450 Scholarships for Students of 10+/ITI, Engineering, MBBS, and MBA Courses Distribution of 250 scholarships for 10+/ITI will be as under and based on location of the school/College/Institute where admission has been taken in the academic year 2009-2010.

North Delhi, Punjab, Uttar Pradesh, Rajasthan, Uttarakhand, Haryana, 50 Nos.

Himachal Pradesh and UT of Chandigarh East Bihar, Jharkhand, Orissa, West Bengal 50 Nos.

West Maharashtra, Gujarat, Madhya Pradesh, Chattisgarh, Goa, UT of Dadra and Nagar Haveli, Daman and Diu 50 Nos.

South Tamil Nadu, Karnataka, Kerala, Andhra Pradesh, Pondicherry 50 Nos.

North Eastern Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, 40 Nos.

States, Nagaland, Tripura, Sikkim, Andaman and Nicobar Islands, Sikkim and Islands Lakshadweep, Minicoy, Aminidivi Islands etc.(Additional to East and South) Jammu and Kashmir Jammu and Kashmir 10 Nos.

200 scholarships will be for students pursuing 1st year of Engineering, MBBS and MBA courses on zonal merit basis. There will be only four zones, i.e., North, East, West and South for these three scholarships. JK will be considered in North zone, North Eastern States and Sikkim will be considered in East and Andaman Nicobar Islands, Lakshadweep, Minicoy Aminidivi Islands will be considered in South zone for Engineering, MBBS MBA Scholarships. The candidates applying for scholarships in these three professional Streams must therefore quote North/ East / West / South zones only (as applicable) in their case.

ELIGIBILITY: Students pursuing full time courses in these streams studying in Schools/Colleges/Institutions/Universities recognized by MCI/AICTE/State Education Boards/ State Govt. / ICSC/CBSE/Central Govt./Association of Indian universities, shall be eligible to apply. The student should have bonafide admission in the 1st year of School/College/Institute/University in the academic year 2009-2010. Students of two year full time post graduate courses in Business Administration/Management recognized by Central/State Govt./Association of Indian universities and which are equivalent to MBA, are eligible for management stream scholarship. Students having confirmed admission in the first year of full time engineering degree course, MBBS, MBA and also 11th standard as well as those in the 1st year of 2 year ITI course are eligible to apply. In case of graduates, the average percentage of marks of all the academic years shall be treated as marks obtained by the candidate. Similarly in case of 10th/12th, if percentage of marks obtained is not mentioned by Board/University, percentage of marks obtained shall be calculated on total aggregate marks. Minimum eligibility percentage of marks for various categories will be as indicated above. Gross Joint income of the family of the candidate from all sources (during financial year 2008-2009) should not exceed Rs. 1,00,000/- (Rupees One Lakh only). Income certificate should be issued by Competent Revenue Authorities only. The marks obtained in the qualifying examination making the students eligible to seek admission in the respective first year of these courses will be considered for selection. Normalization of marks of applicant shall be done for Engg., MBBS MBA streams to bring parity of marking system within different Boards/ Universities/Institutions. Criterion for selection will be merit and family’s income. Wards of the employees of IOCL, its Joint Venture and Subsidiary companies and ACE Consultants are not eligible to apply.

AGE LIMIT: Minimum 15 years and maximum 30 years as on 1.9.2009. Persons born between 1.9.79 and 1.9.94 (both days inclusive) are eligible to apply.

RESERVATION RELAXATION: Relaxation in the upper age limit is 3 years for OBC candidates, 5 years for SC/ST candidates and 10 years for physically challenged/physically handicapped candidates. 50% of the scholarships are reserved for SC/ST OBC candidates. In each stream/ category, 25% of scholarships are reserved for girl students and 10% for physically challenged/physically handicapped students. Only those listed in the central govt’s OBC list will be considered against OBC quota. OBC candidates of state list and not covered by central govt’s OBC list may apply against general quota.

APPLICATION: Candidates studying in 11th standard, 1st year of a 2 year ITI course, 1st year of Engineering degree, MBBS and MBA in the academic year 2009-2010 are to apply through Online Application Form by logging on to www.applicationnew.com/ioclscholar. Such candidates need not send application form by post.

In order to avoid Postal delay/loss in transit, Candidates are requested to fill the Online Application First. If for any reason candidate encounters any problem/difficulty in applying through Online System, the candidate should download the Application form containing unique Application Form No. printed on it. Candidates who are applying offline may use this application form number for all their future correspondence. Applications not in prescribed format (downloaded from the website) will be summarily rejected.

Once awarded the scholarships will be disbursed @ Rs. 2,000/- per month for 4 years in case of Engineering MBBS and 2 years for MBA courses; and @ Rs 1,000 per month for duration of 2 years in case of 10+ and ITI course. Duration of each course in no case be less than the duration of the scholarship. The scholarship will be suspended, if the scholar is not promoted to the next academic year. In case, the scholar is not promoted for the second time (in succession for 2 years during the entire course), the scholar will be taken off from the list of IOCL scholars and scholarship will be discontinued permanently. The performance of the scholar must be satisfactory during the entire duration of the course. The performance is to be certified by the Head /Principal/Dean/Director of the School/College/Institute /University. The top one scholar each from final year of Engineering, Medicine Management (who top their respective university exam) and top 10 scholars amongst final year of ITI 12th (who are able to achieve position amongst top ten in their respective Board) will be awarded bonus prize of Rs 10,000/- (Rupees Ten Thousand only) each and invited to the annual day function of IndianOil Institute of Petroleum Management, Gurgaon, to receive the prize. The travel, board lodge expenses will be borne by IiPM/IOCL. A scholarship holder under this scheme will not hold any other scholarship/stipend from any other source. If awarded any other scholarship/stipend, the student can exercise his/her option for choosing the scholarship that he/she proposes to avail and inform awarding authority about the same. In case, the scholar opts for any other scholarship, he/she will have to refund the scholarship amount for the duration during which he/she is in receipt of the IOCL scholarship. There will be no obligation on part of IOCL to provide employment/vocational/summer training to any of the scholars, at any time/stage. IOCL reserves the right to reject any application as well as discontinue the scholarship at any time without giving any notice/ assigning any reason.

GENERAL INSTRUCTIONS: Applications received later than 30th September 2009, will not be accepted. No correspondence on this subject will be entertained. IOCL shall not be responsible for any postal delay/loss in transit. No request in this regard will be entertained. Incomplete application form will be rejected. Court of jurisdiction for any dispute will be at Delhi. The short listed candidates will be requested separately, by post, to forward their Caste/Date of Birth/Mark Sheet/family’s Income Certificate etc., duly authenticated by appropriate competent authority/civil authority for verification of documents and drawing up final merit list. However, in case the marks, income or any other information; declared at the time of initial application; is found incorrect during scrutiny; the candidature of such candidates shall be summarily rejected. Decision of IndianOil regarding Scholar’s selection shall be final and no correspondence on the selection process shall be entertained.

LAST DATE: Completed application form in respect of candidates, who are unable to submit the application online, on prescribed Application Format (downloaded from website), without any mark sheet/certificate/document should be forwarded so as to reach by 30th September 2009 by ordinary post, to the administrator of the scheme: ACE Consultants, Post Box No. 9248, Krishna Nagar Head Post Office, Delhi-110051.

For More details for IndianOil Scholarships Scheme Scholarship
Visit : http://www.iocl.com

Online Application form available forIndianOil Scholarships Scheme Scholarship at : http://www.applicationnew.com/ioclscholar/ Last Date for IOC scholarships From 1st September to 30th September Only.