Indian Oil Academic Scholarships 2011-12

Indian Oil Academic Scholarships 2011-12

IndianOil offers 2600 Scholarships for Students of 10+/ITI, Engineering, MBBS & MBA Courses on merit cum means basis

IOCL, Indian Oil Academic Scholarships

1. "IndianOil Merit Scholarships Scheme" for 10+/ITI studies

2000 Scholarships are being offered for 10+/ITI studies.  The distribution of scholarships may be State-wise based on "Number of students appeared for 10th Standard during 2010-11".

2. "IndianOil Scholarships Scheme" for Graduate and Post-Graduate students

600 scholarships are being offered for professional courses (Engineering-300 nos., MBBS-200 Nos. & MBA-100 Nos.).  The distribution of scholarships may be Zone-wise (as shown in the table below) based on "Number of students appeared for 12th Standard during 2010-11 and will be equitably distributed in the four zones given below. For MBA course marks obtained in graduate course will be considered.

Eligbility for IOCL, Indian Oil Academic Scholarships:
Students pursuing full time/regular courses in these streams & studying in Schools/Colleges/Institutions/Universities recognized by MCI/AICTE/State Education Boards/ State Govt. / ICSC/CBSE/Central Govt./Association of Indian universities, shall be eligible to apply.   The student should have bonafide admission in the 1st year of School/College/Institute/University in the academic year 2011-12. Students of two year full time post graduate courses in Business Administration/Management recognized by Central/State Govt./Association of Indian universities and which are equivalent to MBA, are eligible for management stream scholarship. Students having confirmed admission in the first year of full time engineering degree course, MBBS, MBA and also 11th standard as well as those in the 1st year of 2 year ITI course are eligible to apply. In case of graduates, the average percentage of marks of all the academic years shall be treated as marks obtained by the candidate.   Similarly in case of 10th/12th, if percentage of marks obtained is not mentioned by Board/University, percentage of marks obtained shall be calculated on total aggregate marks.  Minimum eligibility percentage of marks for various categories will be as indicated above.

Gross Joint income of the family of the candidate from all sources (during financial year 2010-11) should not exceed Rs. 1,00,000/- (Rupees One Lakh only). Income certificate should be issued by Competent Revenue Authorities only.  The marks obtained in the qualifying examination making the students eligible to seek admission in the respective first year of these courses will be considered for selection. Normalization of marks of applicant shall be done for Engineering, MBBS & MBA streams to bring parity of marking system within different Boards/ Universities/Institutions. Criterion for selection will be merit and family's income.  Wards of the employees of IOCL, its Joint Venture and Subsidiary companies and ACE Consultants are not eligible to apply. 

Last date for applying for IOCL, Indian Oil Academic Scholarhips:
Last date of applying online is 15.09.11 and hard copy of the online application (print out) duly signed along with required documents, as stated above, must reach to the Administrator of the scheme: ACE Consultants, Post Box No. 9248, Krishna Nagar Head Post Office, Delhi-110051 by 15.10.2011 and thereafter no hard copy of application / documents/ correspondence will be entertained/accepted. IOCL will not be responsible for any postal delay or loss in transit of the applications or whatsoever reason.

How to Apply for IOCL, Indian Oil Academic Scholarships 2011-12:
Candidates studying in 11th standard, 1st year of a 2 year ITI course, 1st year of Engineering degree, MBBS and MBA in the academic year 2011-12 are to apply through Online Application Form only by logging on to Once the online application is submitted by an applicant, the system will generate a unique Registration Number which the applicants should note down for future reference/correspondence. The applicants should take out a print-out of the submitted online application and send hard copy of his application form duly signed along with their Caste/Date of Birth/Mark Sheet/family's Income Certificate etc., duly authenticated/attested by appropriate competent    authority/civil    authority urgently for verification of documents.  Applicants should provide information in the prescribed   forms  which should be attached with the hard copy of application form, as stated above.  However, in case the marks, income or any other information; declared at the time of initial application; is found incorrect during scrutiny; the candidature of such candidates shall be summarily rejected. Decision of IndianOil regarding Scholar's selection shall be final and no correspondence on the selection process shall be entertained.

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