1. Trust will pay 75% of the school fees of the Students, subject to a maximum of Rs. 18,000 per year / 1,500 per month. Fee will be paid directly to the school on a quarterly basis. 2. Students who get 80% or higher marks will receive an additional stipend of Rs. 3,000 per year for use towards their intellectual growth, at the end of the school year.
Eligibility and application process 1. Students who have been a resident of Mumbai Metropolitan Region (MMR) (including Mumbai, Thane, Mira Bhayandar, Kalyan Dombivali, Vasai-Virar, Navi Mumbai) for a minimum of 3 years at the time of application. 2. Studying in Standard V to XII of any school located in the Mumbai Metropolitan Region. 3. Belonging to families whose annual household income is less than Rs. 4,50,000 per annum. (combined income of both parents / guardians). 4. 1,500 such scholarships (including continuing Students) shall be given each year on first-come-first serve basis, of which minimum 50% shall be earmarked towards female Students.
Decision on award will be notified by email by 30th May for all except Std X passouts and within 30 days of the declaration of the respective board results for Std X passouts. For any queries, write to us at email@example.com. Download the form here: http://www.lodha-foundation.org/common-files/Lodha_Scholarship_FORM_GENERAL.PDF Last Date of Application for the 2012 program is 14th May, 2012.