Will I have to repay the KC Mahindra Scholarship, and on what terms?
The KC Mahindra Scholarship is an interest-free loan that you repay to the K.C. Mahindra Education Trust. It is due within 24 months of the end of the course, or 48 months after you receive it. The Trust may set another period, so read the agreement.
Yes, the KC Mahindra Scholarship is an interest-free loan scheme, so selected scholars are expected to return the amount to the K.C. Mahindra Education Trust. The terms are set by the Trust, so read the agreement and check the Trust's official page for the latest rules before the 2027 or 2028 intake.
Repayment Terms
| Point | What the terms say |
|---|---|
| Nature of the award | Regarded as an interest-free loan to the chosen scholar, repaid to the Trust |
| Repayment deadline | Due within 24 months of the end of the study course, or 48 months after the scholar receives the scholarship |
| Other period | The Trust reserves the right to determine another repayment period, if appropriate |
| Employment | The scholarship does not commit the Trust to employment at the end of the course |
Situations That Can Change Repayment
- If the scholarship is cancelled for reasons in the agreement, the pending amount could become due immediately.
- A change of nationality or gaining foreign citizenship may lead to a request to repay, as per the agreement.
- Selected students should read and sign the agreement before accepting the award.
My Advice
Count the repayment into your total cost of study, especially if you plan to study overseas after graduating. Read the scholarship agreement line by line before you sign, and ask the Trust to clarify any clause on repayment timing or cancellation.
Which scholarships can you actually get?
Matched to your CGPA, course and budget. Find out in 30 seconds.
More Scholarships & funding questions
- Is it possible to get a fully funded scholarship if he scores seven or above (seventy percent) in the third year in Germany?
- What types of fellowships can I apply for to study or research abroad?
- Do I need to score well in GRE, GMAT, or IELTS to get good scholarships in top business schools for a MBA?
- What can I do to improve my chances of winning a scholarship for Europe?
- When does the Korean Government Scholarship open applications for undergraduate students from India?
- What kind of questions might be asked during scholarship evaluations?
- Which Cambridge postgraduate scholarships can I apply for as an Indian student?
- Are you helping with educational loans or bank loans for studying abroad in UK/Ireland for a Master's?