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Old October 12th, 2017, 05:27 PM
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Default NIT Surat Scholarship

I want to know Terms For Setting Of Undergraduate Scholarship fixed by Sardar Vallabhbhai National Institute of Technology, Surat here can you please get details?
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Old October 12th, 2017, 05:36 PM
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Default Re: NIT Surat Scholarship

As you want to know Sardar Vallabhbhai National Institute of Technology, Surat Terms For Setting Of Undergraduate Scholarship here I will help you for that.

Here telling you some details

Currently, the UG tuition fee is Rs 70,000 per year. In addition, students need about Rs 50,000 per year to cover mess, books and other expenses. Thus, the minimum cost of education at SVNIT Surat works out to about Rs 1,20,000 per year.

Amount :
An endowment of twenty times the annual expenditure is considered appropriate.

With the current rates of interest prevalent in the country, endowment may earn 7% - 8% interest per year.

Thus, about 4% of the endowment value will go towards paying the scholarship and the balance of the interest earned will be added to the endowment to cover for inflation.

Scholarship Options :
The scholarship may be based on merit-cum-means or purely on merit.
It is preferred that the scholarship be open to all students. However,

The donor may specify that the eligible students should come from a specific department.

The donor may also specify if the scholarship is meant for student(s) of a particular year.

The donor may wish that the scholarship is meant for a female student.

Terms For Setting Of Undergraduate Scholarship

Sardar Vallabhbhai National Institute of Technology, Surat
Keval Chowk, SVNIT Campus, Athwa, Surat, Gujarat 395007

0261 220 1509
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