IndianOil Scholarships for Students 2012 IOCL Scholarship for ITI Engineering MBBS MBA
IndianOil Academic Scholarships 2012-2013
IndianOil offers 2600 Scholarships for Students of 10+/ITI, Engineering, MBBS and MBA courses on merit-cum-means basis
IndianOil Merit Scholarships Scheme for 10+/ITI studies
2000 scholarships are being offered for 10+/ITI studies
The equitable distribution of scholarships may be state-wise, based on number of students appeared for 10th standard during 2011-2012
IndianOil Scholarships Scheme for Graduate and Post-Graduate students
600 scholarships are being offered for professional courses (Engineering 300; MBBS 200; MBA 100)
The distribution of scholarships may be zone-wise based on number of students appeared for 12th standard during 2011-12 and may be equitably distributed in the four zones (North, South, East and West)
Eligibility: Students pursuing full time/regular courses (not correspondence or distance mode) in these streams and studying in schools/colleges/institutions/universities recognized by MCI/AICTE/State Education Boards/State Govt/ICSE/ISC/CBSE/Central Govt/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 2012-2013
Students having confirmed admission in the first year of full time engineering degree course (minimum 4 years), MBBS (minimum 4 years), MBA (minimum 2 years) are eligible to apply
Students of two years full time/regular courses (not correspondence or distance mode) post graduate courses in Business Administration/Management recognized by Central/State Govt/Association of Indian universities and which are equivalent to MBA, are eligible for Management stream scholarship
For 10+/ITI stream (minimum 2 years), students of 11th standard as well as those in the 1st year of 2 years ITI course are eligible to apply
In case of graduates, the average percentage of total marks of all the academic years of graduation 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
Gross joint income of the family of the candidate from all sources (during financial year 2011-12) should not exceed Rs 1,00,000/- (Rs one lakh only) per annum
However, preference will be given to the students whose family income (gross joint income from all sources in 2011-12) is Rs 60,000/- (Rs sixty thousand only) or less
Income certificate should be issued by Competent Revenue Authorities only
Selection Procedure: After the last date of applying online 30th September, 2012, a list of shortlisted candidates will be prepared and these candidates will be informed by post to submit certain documents/ forms like caste/date of birth/mark sheet/family’s income certificate etc, duly authenticated/attested by appropriate competent authority/ civil authority along with hard copy of application (print out of the application form already applied online) for verification and drawing up final merit list
However, in case the marks, income or any other information, declared in the online application, is found incorrect during scrutiny, the candidature of such candidates shall be summarily rejected
Decision of IOCL regarding scholar’s selection shall be final and no correspondence on the selection process shall be entertained
Once awarded, the scholarships will be disbursed @ Rs 3,000/- per month for 4 years in case of Engineering and MBBS and 2 years for MBA courses and @ Rs 1,000 /- per month for duration of 2 years in case of 10+/ITI course
Duration of each course in no case be less than the duration of the scholarship
The scholarship will be suspended, if the scholar is not promoted to the next academic year and the scholarship will be discontinued permanently if this happens for the second time, in succession or two times in the entire course of the study
The performance of the scholar must be satisfactory during the entire duration of the course
The performance of the student/scholar is to be certified by the Head/Principal/Dean/Director of the School/College/ Institute/University
The top one scholar each from Engineering, MBBS and MBA (who top their respective university after completing full duration of the course) and top 10 scholars of 12th and ITI (who are able to achieve position amongst top ten in their respective board after completing full duration of the course) will be awarded bonus prize of Rs 10,000/- (Rs ten thousand only) each and invited to the annual day function of IndianOil Institute of Petroleum Management, Gurgaon, to receive the prize
A scholarship holder under this scheme will not hold any other scholarship/stipend/financial aid from any other source
If awarded any other scholarship/stipend/financial aid, the student can exercise his/her option for choosing the scholarship that he/she proposes to avail and inform awarding authority about the same with intimation to his school/college/institute/University
In case, the scholar opts for any other scholarship/stipend/financial aid, he/she will have to refund the scholarship amount for the duration during which he/she is in receipt of the IOCL scholarship
The payment of scholarship amount will be sent on six monthly basis through head of the respective School/College/Institute/University of the selected scholar
There will be no obligation on part of IOCL to provide employment to any scholar at any point of time
IOCL reserves the right to reject any application as well as discontinue the scholarship at any time without giving any notice/assigning any reason
Application Form: Candidates studying in 11th standard, 1st year of a 2 years ITI course, 1st year of Engineering degree, MBBS and MBA in the academic year 2012-13 are to apply through online application form only by logging on to http://www.eonlineapply.com/ioclscholar2012/default.aspx
This site will be kept open to receive online applications from 03rd July, 2012 to 30th September, 2012
Once the online application is submitted by an applicant, the system will generate a unique registration number which the applicants should note down or take a print out for future reference/correspondence till the scholarships are awarded
Applicants will have to provide valid and active e-mail address and mobile number in their online application form and applicants are advised to keep on checking their personal e-mail/mobile SMS regularly for instructions specific for them from Administrator of the Scheme/IOCL
Forms/documents, as and when required, will have to be submitted to Administrator of the scheme; M/s ACE Consultants, Post Box No. 9248, Krishna Nagar Head Post Office, Delhi-110051
IOCL will not be responsible for any postal delay or loss in transit of documents or whatsoever reason
For more details, please log on to http://www.eonlineapply.com, http://www.iocl.com
Last date of applying online is 30th September, 2012
