Manipal Institute of Technology (MIT), a constituent institute of Manipal Academy of Higher Education (MAHE), Manipal, along with the Harish and Bina Shah Foundation (HBSF), a charitable foundation started by MAHE’s alumnus of 1980 batch, Harish Shah has announced the launched the ‘HBSF-MAHE EduEmpower Scholarship’ for meritorious students from weaker economic sections across India.
The scholarship is aimed to support approximately 240 HBSF-MAHE Scholars (average of 60 HBSF-MAHE Scholars in a year), aggregating to support of Rs 12 crore per year. The scholarship will be available for students joining the academic year 2024-25.
To be eligible for the scholarship, the candidates should have studied standard 8–12 (5 years of schooling) in any State / Central Government School / PU Colleges within India. They must have scored 85 percent or more marks or equivalent in standard 12 board examinations with Physics, Mathematics, and any optional paper as subjects
Further, the candidate’s family income should be less than Rs 8 lakh per annum. The candidate’s All India Rank in the MAHE entrance test should be between 1–10,000.
The Shah family’s philanthropic foundation, the Harish and Bina Shah Foundation (HBSF) started in 2002 to support several mainstream and emerging social issues such as education, health, livelihoods, gender equity, environment and sustainability, and arts and culture, MAHE said in a statement.
“This is a great day for MAHE and MIT to announce an initiative by an Alumnus. In the life of an Academic Institution, the accomplishments of its Alumni is a great testament to what “providing education is all about,” said Dr Venkatesh, Vice Chancellor of MAHE.
“I always wondered what I can do for MIT and the Manipal group,who have shaped me in so many ways. This scholarship at MIT is one such initiative, where we as a family believe many more children can aspire to have a holistic and technically sound education, thereby becoming good citizens of tomorrow’s India.It feels nostalgic to return to MIT where I have spent five glorious years and I feel wonderful that I am returning to my roots, this time with a purpose of giving back,” Harish Shah said.
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