Scholarship alert: Lore India scholarships

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Lore India scholarships

The Lore Foundation, India, announces scholarship 2014, which is open to Indian students studying in classes X, XI and XII. Over 100 students will be identified for scholarships through a learning aptitude test (LAT). The total amount of scholarship on offer under the programme is Rs 5 crore.

Eligibility: The applicant must be a citizen or permanent resident of India and should be planning to pursue an undergraduate programme from a recognised and accredited Indian or foreign university in any discipline.

While the topper of LAT will receive Rs 50 lakh scholarship, second ranked student will get Rs 30 lakh, third ranked Rs 20 lakh, fourth to 53rd Rs 5 lakh each, and 54th to 103rd rank Rs 3 lakh each.

The scholarship will accrue from an interest-generating trust fund, which can be used for seven years from the date of the award. After the lapse of seven years period, the unused amount of the scholarship would revert to Lore India scholarship programme. It will be paid directly to the educational institute.

Apart from the cash award, the student will also be part of a mentorship programme where the selected scholars will undergo a comprehensive psychometric analysis/interest schedule on the basis of which they will be counseled and guided for their further studies like pursuing undergraduate education in any discipline in an Indian or foreign university, and for preparation of an entrance exam required for admission into any undergraduate courses.

Registration for scholarship, which begun on July 14, 2014, will close on August 25, 2014, and the LAT will be conducted on September 28, 2014.

Administered in English and Hindi, the LAT will assess the candidate’s aptitude with emphasis on analytical and logical reasoning, reading comprehension and puzzles.

To avail of this opportunity, students will have to apply online on http://lorefoundation.org

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