Scholarships worth Rs.9.5 crore would be extended to more than 600 undergraduate students of engineering of SRM University under various categories.
Speaking to reporters on the university premises in Kattankulathur on Saturday when counselling began for the first-year students, P. Sathyanarayanan, Vice-Chancellor, said Rs. 4 crore would be given under the Founder's Scholarship to the 25 top rank holders in the SRM Engineering Entrance Examination held on May 2, 100 top rankers in State Board and CBSE examinations and two rank holders from each of the 32 districts of Tamil Nadu.
The Founder's Scholarship would include 100 per cent waiver on tuition, hostel and transport fees. Further, a monthly incentive of Rs. 1,000 would be given to each of the students receiving the scholarship.
University scholarships to the tune of Rs. 3 crore would be given to those who had secured above 90 per cent in CBSE and more than 95 per cent in State Board examinations and secured ranks within the top 8,000 in the SRMEEE.
In addition to this, they extended financial assistance to minorities, differently-abled, athletes and also meritorious students from poor families on a “need basis,” Mr. Sathyanarayanan said.
More than 83,000 students appeared in the SRMEEE held in 150 centres across India, he said, adding nuclear engineering and infrastructure engineering were the two new courses introduced at the undergraduate level this year. T.R. Pachamuthu, Chancellor, was also present.