Mumbai, July 18, 2024: The K C Mahindra Education Trust (KCMET) has awarded a total of INR 337 lakh in scholarships to 90 exceptional students under the K C Mahindra Scholarship for Post Graduate Studies Abroad.
Established by the late K C Mahindra in 1953, this scholarship was the first to be set up by the Trust and is an interest-free loan which is granted to students demonstrating outstanding academic and extracurricular achievements.
The top three fellows will receive INR 10 lakh each. The recipients are Raj Patel who will be pursuing Finance at Princeton University; Asmita Sood who will be pursuing Biomedical Data Science at Stanford University and Savalee Tikle who will be pursuing Architecture at Harvard University. 55 fellows will be receiving INR 5 lakh each and 32 fellows will be receiving INR 1 lakh each to support their education abroad. For the first time in the Trust’s history, every student who appeared for the interview will receive a scholarship, underscoring the exceptional quality and talent of this year’s cohort.
The Trust received a total of 2,354 applications this year. Of these, 90 applicants attended the interviews over two days. The distinguished selection panel included Anand Mahindra, Chairman of Mahindra Group; Ranjan Pant, Board Member at Mahindra & Mahindra; Rucha Nanavati, Chief Information Officer at Mahindra Group; Bharat Doshi, Trustee of K C Mahindra Education Trust; Ulhas Yargop, Trustee of K C Mahindra Education Trust; and Dr Indu Shahani, President and Chancellor of ATLAS SkillTech University.
The shortlisted candidates included 29 IIT graduates, with the rest coming from premier educational institutes such as SRCC, LSR, Kamla Raheja Vidyanidhi Institute for Architecture & Environmental Studies, NITs, BITS Pilani and National Law Schools. The candidates have secured admission to the highest-ranking universities and colleges overseas. This includes 13 candidates each at Harvard and Stanford; 8 at Carnegie Mellon; 6 each at Oxford and University of Pennsylvania; 5 each at Columbia and MIT; 3 each at Yale, University of Chicago, John Hopkins and Cambridge; 2 each at Princeton, Georgia Tech and University of California, Berkeley amongst others.
Speaking about the scholarship, Anand Mahindra, Chairman of Mahindra Group said, “It’s an enriching experience to engage with some of the brightest young minds in India through the KCMET Post Graduate Studies Abroad Scholarship, something I eagerly look forward to every year. My heartiest congratulations to all the students!”