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Muthoot M George Foundation announces professional education scholarship in Kerala

Published in Education Monday, 09 October 2017 17:30


Muthoot M George Foundation, the corporate social responsibility wing of Muthoot Finance Ltd announced the launch of a new scholarship program for students pursuing professional courses though its educational initiative ‘Muthoot M George Excellence Scholarship’. The scholarship program which was earlier offered to topper students of Class 10 Government schools is now being extended to students pursuing their professional education courses in Medicine, Engineering B.Sc Nursing and B.Com.
Studentswho secure 80% or equivalent grading in qualifying examination and whose family income is below Rs. 2 lakh per annum will be eligible for applying for scholarship. The

selected candidate will be entitled to the scholarship every till the completion of the course. Through these scholarships, the Foundation hopes to reach out and encourage children from the deprived classestohelp them become financially independentpost completion of the course.
Scholarships are available for the following:
Course    Number     Amount

M.B.B.S.    10 students    Rs. 50000
B.Tech.    10 students    Rs. 25000
B.Sc Nursing    10 students    Rs. 25000
B.Com.    10 students    Rs. 15000

George Alexander Muthoot, MD, Muthoot Finance said, “Our prime objective of awarding these scholarships is to reach out and encourage the children from the deprived class, in their endeavour to build a strong career and become financially independent.Through our various CSRinitiatives, we will continue to remain duly committed towards our societywith the vision to enhance the quality of life of communities that we serve.”

The Muthoot Group has been extending its support towards the education of underprivileged schoolchildren by awarding scholarships to 10th standard toppers from Government Schools in the states of Kerala, Karnataka, Telangana and Andhra Pradesh. Last year, 1343 students benefitted through this initiative. This year the Group plans to reach 600 government schools and colleges from Kerala and 1050 schools each in Karnataka, Telangana, Mumbai, Goa and Andhra Pradesh.
Over the years, The Muthoot Group has been reshaping millions of lives through its social service and philanthropic deeds. The Group has been actively involved in a number of CSR initiatives in domains like education, environment, sanitation, health and medical aid as well as financial aid to the economically backward classes.

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