Federal Bank has invited applications for the foundation's scholarships for the year 2011-12 through its public charitable trust, Fedbank Hormis Memorial Foundation. The bank has taken this initiative to perpetuate the fond memories of its founder K P Hormis.
Foundation's scholarships program will offer reimbursement of 100% of tuition fees, subject to a maximum of Rs 75,000 a year to the students of Indian origin studying in Kerala and Tamil Nadu in any of the Government/Aided/ self-financing colleges. The courses eligible for the scholarship are Medicine (MBBS); Engineering (BE/ B Tech); Agriculture (BSc); Nursing (BSc) and MBA.
The student should have secured admission under merit list during the academic year 2011-12 for applying for scholarships and family income of the student should be below Rs 2.50 lakh. Ten students in each discipline will be offered the scholarship, of which, one seat will be kept aside for a physically challenged student.
