JN Tata Endowment Loan Scholarship 2022: Online Application Form, Eligibility, Dates

JN Tata Endowment Loan Scholarship: Jamsetji Nusserwanji Tata Endowment Awards is a Loan Scholarship program that aims to assist the dreams of Indian students who aspire to study overseas. The candidates can apply for educational loans and additional gift awards through the JN Tata Endowment Loan Scholarship Program. Benefits up to Rs. 10 Lakhs can be availed through this program. Candidates interested in JN Tata Endowment Loan Scholarship must register online before 21 March 2022 in order to apply for the candidature. The program has helped more than 5400 candidates and is continuously striving to assist more students. For details such as the Eligibility, Important Dates, Scholarship Amount, and more, go through the subsequent article.

JN Tata Endowment Loan Scholarship
JN Tata Endowment Loan Scholarship

JN Tata Endowment Loan Scholarship 2022

The candidates who wish to pursue higher studies from Institutions located abroad often face unease due to finances. This might result in the unfulfillment of the dreams of such students. To ensure that no such situation is created, the JN Tata Endowment Awards launched their Loan Scholarship Scheme. As per this program, the candidates can receive a loan of up to Rs. 10 Lakhs in order to cover the educational expenses. Additionally, the candidates will also be awarded an inclusive amount so as to manage the travel expenses.

The gift award will although is dependent upon the academic performance of the candidates. The candidates can avail of benefits through this program by applying online. The applications are being invited online just like every year from December or January to March. The deadline has been announced as 21 March 2022. The candidates will be furthermore shortlisted to appear for the Selective Online Test on 17 April 2022.

JN Tata Endowment Loan Scholarship: Highlights

Name of the Program JN Tata Endowment Loan Scholarship
AuthorityJamsetji Nusserwanji Tata Endowment for Higher Education of Indians
AimTo financially assist the Higher Education of Indians in Overseas Institutions
BeneficiariesGraduate Meritorious Indian Students who have applied for Post Graduate or PhD Programs in abroad Universities
CoursesFull-Time Regular and Offline Post Graduate Degree Courses in any field
Loan AmountMinimum Rs. 1 Lakhs and up to Rs. 10 Lakhs
Travel Assistance Rs. 50,000
Gift Award AmountMinimum Rs. 2 Lakhs and up to Rs. 7.5 Lakhs
Application ModeOnline
Last Date to Apply21 March 2022
Selection FactorsOnline Test, Marks in Graduation, Score in GMAT or GRE or ILETS or TOEFL, Co-Curricular Activities and Extracurricular Activities, Researches, Work Experience and Statement of Purpose or SoP
Date of Online Test17 April 2022
Release of Test Result April 2022
(Within a week of Exam)
Result of Final selection of CandidatesFirst Week of July 2022
Amount Repayment Format 5 full installments each worth 20% of the Loan Amount
Debt Repayment DurationThird Year to Maximum Seventh Year from the issuance of the amount
Debt Issuance Basis Contractual

Aim of the Loan Scholarship

The JN Tata Endowment Loan Scholarship 2022 is an initiative of the JN Tata Endowment Awards Organisation. The prime aim is to support the educational dreams of students who wish to pursue higher studies from Foreign Countries. The expenditure in such cases is very overstressing and imposes a threat on the Candidate’s pursuit. To make sure that this situation is avoided, the candidates can apply for Loans and get Gift Awards. The Gift grants will be an inclusive courtesy of the associates of the trust. This way, the association has supported numerous students by awarding them on the basis of their academic performances and merit in the selection procedure.

Loan Scholarship Amount

The candidates who will get selected for receiving the benefits through this scholarship loan program can avail of benefits up to Rs. 10 Lakhs. The minimum amount that the candidates can receive is Rs. 1 Lakhs. The trust has however declared that the candidates who qualify for the program will not be awarded the maximum amount. The amount will depend d entirely upon the score and the necessity of the candidates.

The selected students will get an additional amount of up to Rs. 50,000 as partial travel assistance and a gift award from the allies of the organisation. The trustees can grant an amount ranging from Rs. 2 Lakhs to Rs. 7.5 Lakhs depending entirely upon the performance of the student in the degree course for which the Scholarship Loan has been issued. The students will have to send in their performance reports and necessary documents during their academic period so as to avail the benefit of gift awards.

Loan Scholarship Eligibility Criteria

The candidates who are interested in receiving the benefits under the Scholarship Loan program of JN Tata Endowment Awards must carefully observe the eligibility conditions before applying for the scholarship. The candidates must apply online in order to be able to secure their candidature for the scholarship procedure. The following criteria need to be observed:

  • The applicant must be a citizen of India only.
  • The candidates who wish to study should not be more than 45 years of age on 30 June 2022.
  • The student should have passed an Undergraduate degree course or must be in the last academic year of the program.
  • The candidate must be studying in a foriegn university in Post Graduate or PhD level or have applied in one.
  • Candidates in first year of their abroad studies and are about to commence the Fall 2022 to Spring 2023 session can also apply.
  • The candidate should have scored at least 60% in the previous qualifying examination of Undergraduate or Postgraduate course from a recognised Indian University.
  • The admission into the overseas institution course must be recognised as a Graduate Program according to the Foreign Terms. As per Indian terminology, the program must be post graduate level degree course.
  • Candidates who have reapplied because they were rejected in the previous year or were not able to avail the scholarship amount due to some reason can apply too.
  • The candidates who have repaid the previous debt amount of this Scholarship Loan can reapply as well.
  • The scholarship loan provision is only for those who are planning to pursue full time regular Degree program. Trainings, Workshops, Diplomas, Certifications, Distance Learnings, Conferences, Presentations or Online studies cannopt apply.
  • The candidates must have a valid and better score in GRE or GMAT or TOEFL or ILETS. In case candidates have a condierably lower score in any of these examinations, they shall try improving by reattempting the tests.

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JN Tata Endowment Loan Scholarship Application Procedure

The only medium to apply for the scholarship loan is online. No offline applications will be considered. Only eligible and complete applications filed through the JN Tata Endowment portal will be accepted. To apply for the Loan Scholarship Program, follow the steps given below:

Apply for JN Tata Endowment Loan Scholarship
  1. Visit the official portal of the JN Tata EndowmentThe JN Tata Endowment for the Higher Education of Indians at www.jntataendowment.org.
  2. On the home page, check out the top corner.
  3. Click on “Login/Register for Alumnis” to open tghe scholarship application form.
  4. Enter the personal details such as Name and Email ID.
  5. Select the Scholarship options and enter additional details pertaining to the requirement of the scholarship award amount under the section of “J.N. Tata Particulars“.
  6. In the “Current Profile” section, enter the Work or Academic details.
  7. Agree to the Terms and Conditions by ticking the agreement box.
  8. Prove the human access to candidature by performing the Captcha Verification.
  9. Finally, press “Submit“.
  10. In the top corner of the page, select “Login” to sign into the account recently created .
  11. In the user dashboard, check the application status and all the details and subsequently upload all the important documents, if needed.

Documents required durinng form submission

The only documents a candidate needs to possess in order to apply for the scholarship are the Statement of Purpose and an Official Letter of Recommendation. These records are only required at the time of the interview for Candidate Verification. The students must also submit scanned copies of the notified papers at the same time.

Selection Procedure for JN Tata Endowment Loan Scholarship 2022

The candidates will be selected initially on the basis of their applications. The final candidates will only be shortlisted after the Online Test that will follow the same guidelines as TSA or Thinking Skills Assessment. The exam is all set to be conducted on 17 April 2022. The exam is considered highly competitive and is not particularly subject driven but involves arithmetic problems not based on complicated calculations. Further details of the test will be informed to the candidates through individual emails.

The results will be declared within a week of the conduction of the test. Post the Online Test, the candidates will have to go through the Virtual Interview via Skype or Microsoft Teams, or Zoom. The selection also depends highly upon the academic scores in the previous degree examination and the result of the Foreign Educational Exams such as GRE, GMAT, ILETS, and TOEFL. Additionally, the factors such as Co-Curricular and Extracurricular Activities, Work Experience, Statement of Purpose or SoP, and general Research also affect the selection status.

The announcement of the candidates who have been finally selected will be made through an email by the First Week of July 2022.

Additional Formalities and Repayment of the Amount

The candidates will have to enter into a contract with the Organisation and the Allied Trustees regarding the repayment of the Scholarship Loan Amount. After completing the Visa formalities and other legalities, they will have to visit the JN Tata Endowment Office along with the Guarantor. The scholarship amount will have to be paid back in five equal installments. Each installment must be 20% of the total loan amount. Five years will be given to the candidates in order to repay the debt. The time will commence at the beginning of the Third year and will end in the Seventh year. However, the candidates can choose to start repaying the amount before the third year.

Important Links and Contacts

Official Jamsetji Nusserwanji Tata Endowment for Higher Education of Indians portalwww.jntataendowment.org
Application LinkClick Here
JN Tata Endowment Loan Scholarship FAQs PageClick Here
Mail Supportjnte@tatatrusts.org
Telephone Helpdesk (9:30 AM – 5 PM, Monday to Friday, and closed on Bank and Public Holidays)+91 22 6665 7681,
+91 22 6665 7198,
+91 22 6665 7774

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