Engineering & 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.
APPLICATION: Interested students meeting above eligibility criteria can apply online by logging on http://www.jeduka.com/
A scholarship holder under this scheme will not hold any other scholarship / stipend / financial aid from any other source. The payment of Scholarship will be sent to selected scholars on six monthly basis through Principal/Head of their respective School/College/Institute. 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. IOCL also reserves the right to cancel/modify/change any provision/guideline/criteria/conditions of the scheme in full or in part at any point of time.
BONUS PRIZE : Those qualifying in the merit list of the particular course (Top 10 in 10+ or Top 3 in graduate/post-graduate) will get a lump sum Bonus Prize of Rs. 10,000/- (Rs. Ten thousand only). Toppers will be invited at IOCL’s cost for receiving the amount.
SUBMISSION OF DOCUMENTS : 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.