Every year in April – May, announcement is published in local newspapers in the districts inviting applications from needy students for free scholarship.
Free Scholarship :
Students of schools and colleges in India are awarded free scholarship. Application form may be downloaded from the League’s website. Also, on request, application form is sent by post. It may also be collected from the League’s office. Filled in application form along with the supporting enclosures must reach the Leagues office only by post / hand delivery, by the due date as stated in the form. The form is revised each year as necessary.
During the year 2013 -14 the League has disbursed free scholarship of Rs 50.13 lacs among 3985 students. Bulk of this went to about 2445 school students in villages and towns at Rs. 1,000 per head per annum. The League presently do not give free scholarship to post graduate studies.
Free scholarship scheme is presently the main activity of the League.
Loan Scholarship for professional courses in India :
This scheme introduced in 1956 and functioned till 1986. It was discontinued due to poor repayment from beneficiaries.
Foreign Loan Scholarship :
Foreign loan scholarship was instituted in the year 1982. Since then over 100 students have been benefited by the scheme. The per student grant of loan was Rs. 5,000 in 1982 which was increased over the years and presently it is Rs. 1 lac per student ( one time ). The rate of interest is nominal. Generally up to 6 students avail of this scheme every year.. The loan scholarship amounts are repayable with in two years of completion of the period of such studies.
The fund is revolving in nature. Repayments are ploughed back into the Fund. Corpus of this fund stood at Rs. 12.28 lacs as on 31.03.14
Following are the names of the Foreign Loan Scholarship beneficiaries 1982-2014