Tiêu đề SOF Scholarship Rules for PU and Degree.pdf ✅

Policies with regards to Financial Sponsorship of Education Following are the applicable policy for undertaking any financial sponsorship towards your education 1.1. Initial Payment for every Academic Year- SOF will commence the first payment only after the following conditions are met 1.1.1. The suggested college is approved by SOF for minimum safety and academic standards. 1.1.2. The students should be securing a minimum of 50% in their annual examination to qualify for any form of scholarship. Please see the table 1 and 2 for approved amounts 1.1.3. A receipt of having paid 20-25% of the total annual fee or 1st Instalment by the parents. 1.1.4. A letter from the school/college confirming the total fee for the year (with any previous due clearly mentioned) with due dates as well as bank account details (printed). 1.1.5. In all cases , total fee payable by SOF not to exceed 35K for PU and 50K for Degree for an academic year (Exceptions in case of Corporate CSR Project sponsored scholarships) 1.1.6. The parents must have the capacity to pay the remaining balance and leave no dues for an academic year. (To be gauged qualitatively) 1.1.7. In case of an existing SOF student, an approval from Operation Team (in email) based on prior years attendance, regularity and performance for continuation 1.1.8. All payment will be done through Interbank transfer in the name of the ed-institute ONLY 1.1.9. Receipt of each payment must be provided to SOF Finance within 7 working days of the payment. Responsibility will reside with the beneficiary to ensure that this is taken care of. 1.1.10. Any exception to the above would require a record of email approval from all the board members 1.2. Subsequent Payments : SOF will process subsequent payment only after the following conditions are met 1.2.1. Receipt of all previous payments should have been obtained and provided to SOF. No further payments will be made if prior receipts are not received. 1.2.2. A good track of regular attendance in school as well as SOF classes. To be confirmed via email by Operations Team 1.2.3. The students should be securing a minimum of 50% in their annual examination to qualify for any form of scholarship. Please see the table 1 for approved amounts