3.
Period of scholarship:
Scholarships are awarded for a period of one year only.
4.
Renewal of scholarship:
The scholarship would be renewed automatically for a
subsequent year as long as the cadet maintains proper
academic standards set by the college and the foundation
jointly. In order to renew the scholarship, the cadet
must fill out the scholarship application form each
year.
5.
Maintenance of Academic
Standard: A scholarship holder will be expected to
maintain at least an aggregate of “B” grade over the
year for continuance of his scholarship in future years.
In case he is unable to do so, the College must certify
a good reason for continuance of the scholarship.
6.
Monitoring: The college
shall forward all academic records, marksheets, and
performance records of the scholarship holder to the
Petarian Foundation at the end of each term.
7.
Discipline: The
scholarship holder will be expected to maintain the
highest level of discipline at the college. In case of
violation of discipline, the scholarship can be
terminated during the course of the year if so requested
by the College, or if the cadet is expelled from the
College, or if he leaves the College.
8.
Amount of Scholarship:
Depending on the need of the student, recommendations of
the College and funds available, the Foundation can
award a partial or a full scholarship to the applicant.
9.
Payee: All funds for the
scholarship shall be transferred directly into the
account of Cadet College Petaro for adjustment of the
account of the scholarship holder. No payments are made
directly to the cadet or his parent/guardian.
10.
Decision making body: The
final decision on the award and renewal of scholarship
shall be done by a “Scholarship Award Committee”
comprising 3 members as follows:
a.
Committee Chairman.
b.
Two Members appointed by the
Chairman of Petarian Foundation.
