Petarian Foundation initiated a program for
scholarships for cadets at Cadet College Petaro. This
program is based on need cum merit. Only those cadets
who have financial difficulties and who demonstrate
academic and other capabilities are granted
scholarships.
Petarian Foundation provided scholarships to 6 cadets in
the year 2004-2005 (Rs. 250,000), to 10 cadets in 2005-2006
(Rs. 500,000), and 31 cadets in the year 2006-2007 (Rs.
750,000), 2 cadets each in 2007--2008 and 2008-2009, and
45 cadets in 2009-2010 (Rs. 1,495,000). We hope to
increase the total fund available to Rs. 2,500,000 over
the next year to give benefit to more students who meet
the criteria of need-cum-merit.
Major Donors:
-
Samiullah and Salaha Siddiqui Family Trust: From the year 2006-2007 onwards, the Samiullah and
Salaha Siddiqui Family Trust has been contributing to 2 scholarships annually.
-
Nazim Driver Scholarship:
Another major contributor to the scholarship fund has
been "Nazim Driver" and his family since the year 2005.
During 2009, Nazim Driver and family contributed Rs.
400,000 to this fund.
-
Naseer Ahmed Alvi Scholarship: From 2009
onwards, the Naseer Ahmed Alvi Trust has contributed
towards one scholarship.
It is our intention to increase the number each year,
with a target to fund of Rs. 5,000,000 eventually.
Rules for the grant of scholarships are as follows:
1.
Only students who are duly
admitted and registered at Cadet College Petaro are
eligible for this scholarship scheme.
2.
Award parameters: The
scholarship is awarded on the basis of the following
parameters:
-
Financial
need of the students based on the income of the
family
-
Academic and
extra-curricular activities record of the cadet.
-
Normally, new
entrants to Class VIII will be eligible for fresh
scholarships.
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.
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.
The Commandant / Principal of CCP,
who shall chair the committee.
b.
Two Members appointed by the
Chairman of Petarian Foundation.