Indian Oil Corporation Limited - India's largest commercial enterprise and the No.1 Indian Company in Fortune 'Global 500' listing - awards 450 Scholarships for meritorious students all over India, under the Indian Oil Scholarships Scheme for each academic year.
As part of Indian Oil's social responsibility Program, the scheme provides for attractive Scholarships to bright students selected on 'merit-cum-means' basis.
For each academic year, 450 Scholarships covering the first year students of 10+ / ITI, Engineering, MBBS and MBA, have been formally announced through newspaper advertisements inviting applications under the Indian Oil Scholarships Scheme.
As part of the scheme, special encouragement is being given to girl students, physically challenged students, and students from J & K as well as the Northeast States.
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.
Students pursuing full time Courses in these Streams & Studying in Schools / Colleges / Institutions / Universities recognized by MCI / AICTE / State Education Boards / State Government / ICSC / CBSE / Central Government / 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 Government / 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 Engineering, 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.http://www.iocl.com/Aboutus/Scholarships.aspx