Released on = February 23, 2007, 1:10 am

Press Release Author = Mercy Software Solutions

Industry = Education

Press Release Summary = Introduction - No service is as deserving As providing
Scholarships to the deserving

Press Release Body =
Lack of financial resources need not prevent a student from achieving academic
goals. Apart from bank loans, a whole range of scholarships is available at
different levels. Our new series takes a bird\'s eye view of the scholarship terrain.



Overview

Higher education is expensive the world over. You aspire for your dream career. But
the realisation of that dream requires financial support. Very often your family
cannot afford the heavy bills. The alternative is to look for monetary assistance
from elsewhere.

Sources

There are basically two kinds of sources. One is scholarship or fellowship that
involves a gift you do not have to repay. Fellowships usually focus on research
work. The second one is loan, which you will have to repay in accordance with
liberal conditions with regard to interest rate and stretched time for repayment.
Scholarships may be provided by the government or philanthropic individuals or
institutions which have altruistic motives. In either case, the award of
scholarships would entail conditions ranging from brilliance to nativity, and
discipline to financial capacity. Certain scholarships may be for education in
India, whereas others may be for overseas studies. Some others may be for either.

Basic objective


Every scholarship or fellowship has the basic objective of promoting excellence in
advanced study or research by a competent individual committed to pursuit of
excellence. No aid-giver would choose to offer incentives to indifferent people.
Higher education, specialised training, or dedicated research should result in
enhancement of professional competence in the scholar as well as benefit in some
form to society.
The award of a scholarship or fellowship indicates the honourable recognition of the
recipients; this puts a heavy responsibility on their shoulders to live up to the
expectations.
An award of this kind not only fires the scholars with enthusiasm, but drives them
to professional attainments, consequent sense of fulfilment, and a spirit of
motivating the coming generation by setting quality goals. On a wider scale, we have
international exchange programmes that result in cross-fertilization of ideas in a
seamless world.
There are vast segments in society with members endowed with natural gifts,
brilliance, and an inclination for sustained effort for attaining excellence, but
are kept back by poverty. The institution of scholarships and fellowships is a boon
to such deprived youngsters.
There is a general lack of awareness regarding the availability of different kinds
of scholarships. This series aims at furnishing an outline of some of them. Details
to suit individual interests will have to be gathered, since this treatise cannot be
exhaustive.
Further, there may be frequent changes in the style and conditions for the award of
scholarships. Often some of these may be terminated. So before launching an effort
to procure a scholarship or fellowship, you have to ascertain the precise position.
There are a number of bank and other financial institutions that offer educational
loans on liberal terms. Most of our nationalised banks have schemes for higher
studies in India and abroad.
It may be appreciated that in most cases we may have to spend some money initially
for miscellaneous procedural formalities in order to secure the assistance. We
should not be under the impression that we can straightaway join courses in higher
education without spending anything from our pocket.


Web Site = http://www.scholarshipsinindia.com

Contact Details = Joju Paul.N
Old No,71 New .22
E.B.Colony
Vadavalli Post
Coimbatore
Tamil Nadu
India