The Islamic Development Bank Scholarship.
Patna: Islamic Development Bank (IDB), Jeddah has invited applications for scholarship cum interest-free education loan from meritorious but financially needy Indian Muslim students to help them to pursue professional courses such as Medical and Engineering.
This loan is for those students who have taken admission or intend to in academic year 2010-2011 in the first year of any degree courses of Medicine and Engineering including Homeopathy, Unani, Ayurvedic, Agriculture, Fisheries, Forestry, Food Technology, Microbiology, Biotechnology, Bachelor of Business Administration and Bachelor of Law.
To get this loan it is necessary that aspirants should have obtained 60% marks in English, Physics, Chemistry, Biology/Mathematics in 10th class examination.
The applicants will be interviewed by a selection committee and selected ones will be provided with the cost of living, clothing, books, tuition fees and medical expenses during the courses.
It is to be noted here that as it is an interest-free loan, recipients, therefore, will have to refund the amounts in easy installments after they settle down in profession. So that others can get benefit to enjoy the same educational opportunity.
Islamic Development Bank started this program in 1983 to promote professional education among Muslim community in various countries including India . In India this program is operated and monitored through Delhi based NGO Students Islamic Trust (SIT). So far 1163 students completed their courses and settled down in their professions with the help IDB loan. At present there are 645 students who are getting benefits from it and pursuing professional studies.
Talking to TwoCircles.net from Delhi , Mohammad Saifullah Rizwan, Executive Secretary of SIT, said: “It is a golden opportunity for the talented Muslim students who are unable to do professional courses due to financial problem. The students who passed matriculation with minimum 60% marks and have desire to go in professional fields should get benefit from this program.”
On number of students who will be selected this year he said: “We will select 250 students through interview. The Selection committee formed for this purpose will interview the applicants in almost all the states, then we will issue the list of selected students.”
Asked about amount that will be given to the selected students he told: “Each student of Medical is given Rs.45000/ and student of Engineering is given Rs. 40000/ per month till they complete the courses.
“They will have to return the amounts they receive from IDB after the completion of courses or after they get settlement in their profession so that it can pave the way for other students belonging to the same category and who want to do similar courses” he added.
The last date for submission of application is 25th August 2010. Application forms can be downloaded from SIT website -link- or it can be obtained from SIT office.
Address: ,Mohammad Saifullah Rizwan , Executive Secretary, The Student Islamic Trust,
Abul Fazal Enclave, Jamia Nagar, New Delhi-110025.
Contact: 91-9990630127, 91-11-26941028
MORE INFORMATION: http://www.sit-india.org/scholarship.html
The Islamic Development Bank Scholarship:-
IDB SCHOLARSHIP PRORGRAMME
The Islamic Development Bank Jeddah, in order to improve the socio-economic conditions of the Muslim Communities in Non-Member Countries around the world and to make meaningful contributions to the development of their countries, launched its scholarship programme in 1983.
The Bank is trying to assist and develop the potentialities of Muslim students by awarding scholarship to the scholars who are unable to pursue studies due to financial difficulties. The programme is now in operation in 48 countries.Objective of the
Programme:
The objective of the programme is to provide opportunities for the academically meritorious and financially needy students to pursue study in professional degree courses in the fields of Medicine, Engineering, Agriculture and other related fields in order to become competent professionals with dedication and commitment to the development of the community and the country.
Nature of the Programme:
The scholarship is an interest-free loan (qard-e-hasan) to the students. It covers the cost of living, clothing, books, tuition fees and medical expenses (wholly or partly) recipients are therefore required to refund the scholarship in easy instalments after expiry of one year of the completion of graduation or after being settled down in profession whichever is earlier.
This is necessary because the scholarship is a grant from the Bank to the local community to enable it to sustain into the future to benefit deserving students to enjoy the same educational opportunity.
Eligibility:
The scholarship is open to the students who are meritorious but financially needy and have passed or appearing in SSC (10+2) examination and are desirous to pursue undergraduate profession studies in session 2009-2010 in one of the fields of study approved under the programme.
The Master Degree Courses and the students going abroad for study do not fall within the purview of the programme. Students joining Degree Courses after Diploma will not be eligible considered for scholarship
MORE INFORMATION: http://www.sit-india.org/scholarship.html
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