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24 April 2017

Ronnie Screwvala announces scholarship fund of Rs. 100 cr for online education

Quodsi everti ancillae vim qui lorem persius petentium Ronnie Screwvala announces scholarship fund of Rs. 100 cr for online education

NEW DELHI, APRIL 24 (ENA) The co-founder of UpGrad, Ronnie Screwvala, an online education start-up, has announced a scholarship fund worth Rs. 100 crore. Ronnie Screwvala is also a known figure in media and entertainment industry.

 This fund will be utilised to provide loans to students who want to take up online courses in order to enhance their skill.

Ronnie Screwvala is also a known figure in media and entertainment industry.

The scholarship fund will range from Rs. 25,000 to Rs. 2 lakh. The purpose of these scholarships is to inspire students to opt for post-graduation and skill development programmes.

Briefing about the scholarship fund, Screwvala said that India needs 125 million students enrolled for post-graduation studies but currently, less than 30 million students are pursuing post-graduation courses.

The scholarship fund has been announced for skill motivated individuals in relevant domains of the industry. Screwvala also said that the scholarships are designed to equip aspirants with industry-relevant knowledge.

The initial amount of the fund is Rs. 100 crore. After a duration of 3 to 4 years, this amount will be raised to Rs. 400 crore to increase the student outreach.

Rs. 10 crore has been invested by Screwvala himself for the scholarship fund. The remaining amount of the fund will be raised with the help of individuals willing to come forward to contribute to the cause and corporates committed to development through education.

 

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