Dhanbad, Jan. 6: Help for needy, but meritorious, students of BIT-Sindri is pouring in from behind borders.
Alumni of the tech cradle, settled in countries of North America, have pledged Rs 20 lakh to their alma mater to aid students hailing from financially weaker backgrounds.
Treasurer of North American chapter of BIT Sindri Alumni Association Sudhakar Raj has already sent a communication in this regard to the Sindri cradle.
The promised aid by the alumni will come after a gap of two years, during which there was paucity of funds due to recession.
“The funds will be received by the institute by the end of this month. We will use the aid to sponsor scholarships for undergraduate engineering students belonging to mechanical, mining, production, electrical, metallurgical, civil, chemical, electronics and communication, computer science and information technology streams,” said D.K. Singh, head of electronics and communication engineering department at BIT-Sindri.
He added that the funds would be given by the alumni as a fixed deposit and the interest accrued on the investment would be used for sponsoring scholarships.
“The top two students in each stream will be awarded the scholarship. The topper will get Rs 4,000 per month while the other will get Rs 3,000. The students have been bracketed into three groups,” said Singh. While second and third semester students have been put in one group, students from the third and fourth semester have been grouped together. Pupils from the sixth and seventh semesters have been put in a third group. Eighth semester students will not be eligible to thi s grant.
Singh, who is also the secretary of the Dhanbad chapter of BIT Sindri Alumni Association, stated that besides scholarships, the money received would also be used for awarding merits to toppers of all the streams as well as to an overall topper of the institute.
“The registration process of the alumni association, which was completed recently, and a number of activities, including the year-long diamond jubilee celebrations and the industry-academia summit in Sindri, motivated the alumni to pitch in,” said Singh.
The cradle has, meanwhile, initiated a host of scholarship programmes for students from funds it received after the industry-academia summit last month.
While IIM-Raipur director B.S. Sahay has donated Rs 1.5 lakh for the topper in production engineering, family members of Late PS Sharan pitched in with a grant of Rs 10,000 per month for the overall topper of the institute.