Mumbai, June 9, 2023: Kotak Education Foundation (KEF) - the CSR implementing agency of Kotak Mahindra Group, has launched Kotak Junior Scholarship programme to support further education of Class 11+ meritorious students from economically disadvantaged section across the Mumbai Metropolitan Region. With this programme, KEF aims to create a strong support system at the grass-root level beyond financial aid to the overall education and development for the future youth of the country.
As per the KEF officials, a total of 750 meritorious students from economically disadvantaged sections will be awarded scholarships under the programme.
This programme, spanning an initial term of 2 years for Class 11 + 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), Head of Education Programme and Scholarship, Kotak Education Foundation said, “At Kotak Education Foundation, a deep-rooted focus on empowerment through education has been a key priority for us over the past 16 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 applicants for this programme must have scored more than 85% in the SSC/CBSE/ICSE Examination and should have secured admission for Class 11 in Colleges in Mumbai. Also, the annual family income of the students must be less than Rs.3,20,000/- per annum.
Kotak Karma is the Corporate Social Responsibility (CSR) identity of Kotak Mahindra Group.
Kotak Education Foundation supports children and youth from underprivileged families through different education-based interventions, namely School Education, Scholarship, and Vocational Education. Currently, KEF is working across Mumbai, Nashik, Palghar, Thane and Pune for school education and vocational Education projects and has a presence across India for its scholarship Project and Financial aid to students impacted negatively by COVID.
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