IOCL Scholarships – Indian Oil Academic Scholarships in India, 2014

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Applications are invited for up to 2600 IOCL Scholarships (Indian Oil Academic Scholarships) available for Indian students to pursue 10+/ITI, Engineering, MBBS & MBA streams at Indian universities. Up to 2000 scholarships are offered for 10+/ITI students and 600 for pursuing professional courses (Engineering–300 Nos., MBBS-200 Nos. & MBA-100 Nos.). The gross joint income of the family of the applicant from all sources during financial year 2013-14 should not exceed Rs. 1,00,000 (Rupees One Lakh only) per annum. The application deadline is 15th October 2014.

Study Subject(s): Scholarships are awarded for pursuing 10+, ITI, Engineering, MBBS & MBA Streams.
Course Level: Scholarships are available for 10+/ITI studies or for graduate and postgraduate studies at Indian universities.
Scholarship Provider: Indian Oil Corporation Ltd
Scholarship can be taken at: India

Eligibility:
-Students pursuing full time/regular courses (not correspondence/distance/online mode) in these streams & studying in Schools / Colleges / Institutions recognized by MCI / AICTE / State Education Boards/State Technical Education Boards / ICSE / ISC / CBSE shall be eligible to apply for the different streams as under :
-10+/ITI : (For 10+) – Bonafide students (full time / regular) in 11th standard / Ist Year of Intermediate course or equivalent course in 2014-15 are eligible to apply.
-For ITI – Bonafide students (full time / regular) in 1st year of 2 years ITI course in 2014-15 are eligible to apply.
-Engineering and MBBS : Bonafide students (full time/regular) in the first year of Engineering/MBBS degree courses in 2014-15 (minimum 4 years’ duration course) are eligible to apply.
-MBA : Bonafide students (full time/regular) in the first year of minimum 2 years post graduate course in Business Administration/Management in 2014-15 are eligible to apply.
-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. Minimum eligibility percentage of marks required from the students of various categories in qualifying examination is given in the above table. Percentage of marks obtained in qualifying examination shall be calculated on total aggregate marks of all subjects. In case of Graduates, percentage of marks obtained shall be calculated on total aggregate of marks of all subjects for all the academic years of graduation. Normalization of marks for all streams shall be done by using percentile method so as to rationalize the variation of marks provided by different Education Boards and Universities/Institutions.
-Income: Gross Joint annual income of the family of the student from all sources during financial year 2013-14 should not exceed Rs. 1,00,000/- (Rupees One Lakh only). However, in case of tie, preference will be given to the students whose family income (gross joint income from all sources in 2013-14) is upto Rs. 60,000/- (Rs. Sixty thousand only). Income certificate should be got issued from appropriate civil authorities of the State/UTs/Central Governments whose details have been specified under the head ‘Submission of Documents by Applicants’. Any Affidavit submitted as Income Proof shall not be accepted.
-Age limit: Minimum 15 years and maximum 30 years as on 01.07.2014. Persons born between 01.07.1984 and 01.07.1999 (both days inclusive) are eligible to apply. However, relaxation in the upper age limit by 3 years for OBC candidates, 5 years for SC/ST candidates and 10 years for Persons with Disabilities (PwDs) is permissible.
-Reservation: 49.5% scholarships are reserved i.e. SC(15%), ST(7.5%) & OBC (27%). Only those listed in the Central Govt’s OBC list will be considered against OBC quota. OBC candidates of State list but not covered by Central Govt’s OBC list may apply against General Category. 25% of scholarships for girl students and 10% of scholarships for persons with Disabilities (PwDs) (minimum 40% disability as per definition under Disabilities Act 1952) are reserved in each category/sub-category. The above reservations shall be maintained on overall All India Basis.

Scholarship Open for International Students: Students of India can apply for these IOCL scholarships.

Scholarship Description: IndianOil Educational ScholarshipIndianOil offers 2600 scholarships to students pursuing 10+, ITI, Engineering, MBBS & MBA Streams on merit-cum-means basis. 2000 Scholarships are offered for 10+/ITI students. The proportionate distribution of scholarships will be State-wise, based on “Number of students who appeared for 10th Standard examination during 2013-14”. 600 scholarships are offered to students pursuing professional courses (Engineering–300 Nos., MBBS-200 Nos. & MBA-100 Nos.). The scholarships will be proportionately distributed Zone-wise viz. North, South, East & West, based on “Number of students who appeared for 12th Standard examination during 2013-14”.

Number of award(s): IndianOil offers 2600 Scholarships to Students pursuing 10+, ITI, Engineering, MBBS & MBA Streams on merit-cum-means basis.
-“IndianOil Merit Scholarships Scheme” for 10+/ITI studies: 2000 Scholarships are offered for 10+/ITI students. The proportionate distribution of scholarships will be State-wise, based on “Number of students who appeared for 10th Standard examination during 2013-14”.
-“IndianOil Scholarships Scheme” for Graduate and Post-Graduate studies: 600 scholarships are offered to students pursuing professional courses (Engineering–300 Nos., MBBS-200 Nos. & MBA-100 Nos.). The scholarships will be proportionately distributed Zone-wise viz. North, South, East & West, based on “Number of students who appeared for 12th Standard examination during 2013-14”.

Duration of award(s): Scholarships are offered 2 years for 10+/ITI and MBA and up to 4 years for Engineering and MBBS.

What does it cover? Gross Joint annual income of the family of the student from all sources during financial year 2013-14 should not exceed Rs. 1,00,000/- (Rupees One Lakh only). However, in case of tie, preference will be given to the students whose family income (gross joint income from all sources in 2013-14) is upto Rs. 60,000/- (Rs. Sixty thousand only). Income certificate should be got issued from appropriate civil authorities of the State/UTs/Central Governments whose details have been specified under the head ‘Submission of Documents by Applicants’. Any Affidavit submitted as Income Proof shall not be accepted.

Selection Criteria: Criterion for selection will be merit and family’s income.

Notification: Not Known

How to Apply: All the applicants should submit the required documents along with a print out of the Registered Online Application Form duly signed for scrutiny/verification. The detail of the documents/forms etc. to be submitted by the applicants is given in the above website under Head “Submission of Documents by Applicants”. The detail of documents to be submitted can be seen by individual applicant at the bottom of the print out of their Registered Online Application Form. If the detail provided in the online application is found to be incorrect & does not match with the submitted documents, the application of such applicants shall be summarily rejected and no correspondence shall be made / entertained in this regard. IOCL shall initiate legal action against applicants or parents/guardians (in case applicant is minor) if wrong/misleading information is given or false/fake/fabricated/tempered documents are submitted in support of their application form. The required documents in a sealed cover should be sent by Speed Post or Registered Post.

Scholarship Application Deadline: The application deadline is 15th October 2014.

Further Official Scholarship Information and Application

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