NTPC SCHOLARSHIP SCHEME FOR SCHEDULED CASTE/SCHEDULED TRIBE/PHYSICALLY CHALLENGED STUDENTS PURSUING FULL-TIME MBA/PGDBM COURSE
1.1 All students belonging to Scheduled Caste / Scheduled Tribe / Physically Challenged categories pursuing 2 years full time MBA/PGDBM with specialization in Human Resource Management / Finance Management from specified institutions shall be eligible to apply for the NTPC Scholarships.
2.0 SCHOLARSHIP: NUMBER, AMOUNT, DURATION AND COMMENCEMENT.
2.1 From the academic year 2003-04, it has been decided to award a total of 15 scholarships to eligible students as under:
Scholarship for SC students: 5
Scholarship for ST students: 5
Scholarship for Physically Challenged students: 5
2.1.1 Physically Challenged students primarily of Ortho, Hearing and Visually challenged categories will be considered. However disability may be exchanged / substituted in case students from any particular disability is not available.
2.1.2 The no. of scholarships may be reviewed by NTPC Management from time to time.
2.2 The amount of scholarship shall be Rs.1500/- per month per student for a maximum period of 2 years.
2.3 The Scholarship Scheme shall commence for eligible students pursuing their second year studies in the academic year 2010-11.
ADMINISTRATION OF THE SCHEME
3.1 Nodal Agency: Corporate Welfare Group (NTPC) shall be the nodal agency for administering the scheme.
3.2 Corporate Welfare Group shall intimate details of the Scheme to the Head of Institutions requesting to forward two applications in each category i.e.
3.3 Head of Institution may notify the Scheme appropriately among the eligible candidates including displaying on notice boards.
3.4 Head of Institution shall invite applications from eligible students pursuing studies in the academic year 2008-09 who have completed their 2nd semester / 1st year examination and whose results have been declared.
3.5 Eligible candidates may apply to the Head of Institution in the form enclosed at Annexure C accompanied by the following documents:
3.5.1 Caste certificate in respect of . SC /ST students from prescribed Authority, in the prescribed format of Certificate. A list of authorities empowered to issue SC/ST Certificate is enclosed (Annexure-D).
3.5.2 Disability certificate in respect of Physically Challenged students issued by a medical board constituted by the Central / State govt. or the civil surgeon of a district hospital or medical superintendent of a Govt. hospital, indicating clearly the percentage disability. The students having disability more than 40% shall be eligible for this scholarship.
3.5.3 Character Certificate from Head of Institution.
3.5.4 Certificate of % of marks obtained in the 1st & 2nd semester / 1st year examination duly attested by the Head of Institution. The base cut-off score shall be kept at 60% for eligibility.
3.6 It will be the responsibility of Institution to verify the Caste / Disability Certificate.
4.0 Process of selection of candidates by Corporate Welfare Group:
4.1 Based on the applications received above, selection will be made by NTPC on the basis of performance of eligible candidates in the first & second semester / first year examination and any other criteria that may be decided by NTPC. Institutions, which do not offer percentage of marks, may be asked to furnish percentage equivalence.
4.2 Concerned Head of Institution shall be intimated by Corporate Welfare Group regarding the selected students along with cheques for payment to be handed over by concerned Head of Institution to the selected students.
4.3 Scholarship for the previous period (from month of admission to the month of announcement of the scholarship) shall be paid to the candidates in one lump sum. For subsequent months, scholarship shall be paid @ Rs.1500/- pm per student till the end of the course through post dated cheques. The institution will disburse the cheque at the beginning of each month to the student, till the end of academic session.
4.4 The NTPC Scholarship will be subject to continuous satisfactory performance and good conduct of the student during the course. Awardees of scholarship who fail to pass the subsequent semester and/or annual examination in the first attempt, and on indulging in any activity amounting to misconduct as per the rules and regulations of Institution shall be disqualified from continuance of receipt of the scholarship.
5.1 That the candidate has availed Scholarship from NTPC for the duration of the course will not entail upon NTPC any liability for his /her employment.
5.2 Students in receipt of NTPC Scholarship will not be entitled to avail of any other scholarship / financial aid / stipend from NTPC or any other source whatsoever.
5.3 The decision of the Company with regard to award of scholarship, continuance and / or discontinuance, as the case may be, shall be final and binding.
5.4 NTPC reserves the right to alter, modify or withdraw the scheme at any point of time as considered necessary.
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