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Kotak Education Foundation Announces 1K Scholarships For 10th+ Students In Mumbai

By TheCSRUniverse Team Published 28 May 2024

Mumbai, May 28, 2024: Kotak Education Foundation (KEF), the CSR implementing agency of Kotak Mahindra Group, has announced 1,000 scholarships under the Kotak Junior Scholarship programme to support further education of Class 10th+ meritorious students from economically disadvantaged section across the Mumbai Metropolitan Region. Along with a financial aid of Rs 73,500 for a period of 21 months, this programme offers each scholar a strong support system at the grass-root level for the future youth of the country.

This programme, spanning an initial term of 2 years for 10 + students from SSC, CBSE, and ICSE board, involves robust engagement activities beyond financial support such as one-to-one mentoring, career guidance sessions, entrance exam preparation support, exposure visits, and home visits.

KEF’s scholarship wing has been supporting students for over a decade, providing scholarship and financial assistance to over 3600 scholars till date. Over 800 alumni are successful white-collar professionals working in leading companies and other esteemed institutions.

Jayasree Ramesh, Executive Committee Member (EC) & Director of Education Programme and Scholarship, Kotak Education Foundation, said, “At Kotak Education Foundation, we are committed to provide opportunity, access to quality education empowering students and youth over the past 17 years. KEF has a legacy and expertise in offering scholarships for students from underserved communities. With the Kotak Junior Scholarship, we are focused towards a concrete student engagement plan to develop strong and qualified professionals, thereby helping their families rise above poverty.”

The benefits include a scholarship of INR 3,500 per month during Class 11 and Class 12, totaling INR 73,500 for 21 months. Additionally, students receive mentorship support to guide them through their educational journey, academic assistance to help them excel in their studies, and career guidance to facilitate informed decisions about future prospects. Exposure visits are also organized to broaden students' horizons and enhance their learning experiences.

The eligibility criteria for the Kotak Junior Scholarship are: candidates must have scored more than 85% in the SSC/CBSE/ICSE Examination and secured admission for Class 11 in colleges in Mumbai. Additionally, the family income should be less than Rs 3,20,000 per annum, and the candidates must reside within the Mumbai Metropolitan Region (MMR).

Kotak Karma is the Corporate Social Responsibility (CSR) identity of Kotak Mahindra Group.

Kotak Education Foundation is the primary implementing agency for the CSR initiatives of Kotak Mahindra Group in Education. Kotak Karma is the Corporate Social Responsibility (CSR) identity of Kotak Mahindra Group Companies.