A MoU is signed between IITGN, TATA Motors Ltd. and IIT Bombay Alumni Association to support UG students financially at IITGN.
Indian Institute of Technology, Gandhinagar (IITGN) has signed a Memorandum of Understanding (MoU) with TATA Motors Ltd. (TML) and the IIT Bombay Alumni Association (IITBAA) to support undergraduate students at IITGN who are in need of financial support. The benefitting students will donate the money back to the institution when they are financially independent, which IITGN will then use to back the next batch of UG students.
TML will provide the seed funding for tuition as well as other payments and fees for all four years. Around five students will be shortlisted and will be able to avail the funding, according to this MoU.
Sri Vinod Kulkarni, the CSR head at TML, said, “Continuing on Tata Group’s tradition of supporting educational institutes of excellence and students coming from deserving backgrounds, we are privileged to collaborate with IIT Gandhinagar. In this joint endeavour, we envisage to enable every deserving student at IITGN to excel in studies and not get handicapped for want of resources. We have decided to engage with IITGN, post a very successful experience with IIT Bombay, on a similar Financial Aid Program.”
Professor Sudhir K Jain, Director of IITGN said, “A substantial number of students joining IITGN belong to lower income families. These students need scholarships and educational aids. This support will help many of our students complete their studies without financial worries.”