NLSIU launches Alumni Financial Aid Drive
July 20, 2021
Duration: 20 July – 15 August 2021
Target: Rs. 15 Lakh
In AY 2020-21, our alumni stepped up and contributed to University Financial Aid in record numbers. We raised approximately Rs. 36 lakhs through individual and batch contributions, and 45 students benefited from Financial Aid at NLSIU.
In AY 2021-22 the University has adopted a Revised Financial Aid Policy to draw on the experiences of the last decade and streamline processes to facilitate a robust identification of need and quick disbursals.
Today, we launch the Alumni Financial Aid drive for AY 2021-22. NLSIU’s core financial aid principle is to ensure that any student admitted to NLSIU through its rigorous selection process receives a high-quality education irrespective of their financial background. We aim to ensure that students from diverse social, linguistic and economic backgrounds from across India benefit from a rigorous and transformative education delivered in the classrooms, through common residential and dining facilities and extracurricular engagements.
The University aims to disburse a sum of Rs 75 lakhs in financial aid this year. As a part of the plan, it will contribute Rs 20 lakhs from its financial aid corpus, and seeks to raise Rs 15 lakhs from the alumni community through the Alumni Financial Aid Drive. The remaining sum shall be fulfilled through third-party and external aid received from philanthropies, government and corporations.
While the University welcomes any amount of contribution, here are some indicative amounts that will directly benefit one student:
- 100% waiver on tuition and residence, and support towards stipend – Rs 3,07,000
- 100% waiver on tuition – Rs 2,02,000
- 25% waiver on tuition – Rs 50,400
The drive, which will run till August 15, is an opportunity for the alumni community to pay it forward and support those students most in need.
Upon launching the drive, Vice-Chancellor Sudhir Krishnaswamy emphasized that “alumni contributions are critical in AY 2021-22 as several students and their families have been affected by the COVID pandemic. The NLS community thrives on its collective ability to turn adversity into opportunity and this annual financial aid drive is another opportunity for us to demonstrate the special character of this community.”
How to contribute
To make a contribution, please click here