Applications invited for Educare student loan 2019-20


Media release

Mangaluru, May 9: Educare, a programme of CODP and initiated by a Mangalurean philanthropist, is looking forward for another year of support for higher education to financially less privileged students of Mangaluru and Udupi dioceses. Educare provides interest free loans with an objective of ensuring meritorious students with high aspiration to successfully realize their dream of higher education and transform them as agents of change in their families and in the community.

Started in 2013, Educare programme is a revolving and interest free loan facility to needy students. It is therefore mandatory that students must repay the loan within a period of 18 months after completion of their education in order that same funds are made available to next set of needy students. To date, Educare has supported 2482 needy students during the last six years.





Educare loan applications MUST be submitted to respective parish offices at least 10 days prior to last submission date. A committee appointed by the Parish Priest will screen and evaluate the need of students for Educare loan. Similarly, the same committee is now entrusted to ensure timely repayments by Educare beneficiaries.

Fresh and renewal students can submit their applications online from 1 May 2019 onwards but before due dates specified below. Submission of loan application is accepted even if the student admission is at a later date. Students are advised to read instructions before completing the form and make sure that all relevant documents are available to proceed with the application.

The Educare executive committee supervising the loan disposal is the final authority for approval and disbursement of loans. The committee reserves the right to reject any application that in its view is not genuine, not deserving, and incomplete without providing any explanation to the applicant.

Rules and Regulations

I. Student’s eligibility (Freshers)

a. Minimum qualification required to apply for Educare loan is II PUC or equivalent in a 10 +2 education system. Those students applying for Graduate or Post graduate or University recognized Diplomas must also complete II PUC or equivalent in a 10 +2 as their minimum qualification.

b. Student must have scored minimum of 60% marks for General courses like Graduation, Post graduation, Diploma and nursing courses and 75% marks for Professional courses like Engineering, Medical, Hotel Management in pre-graduation examinations. If excellent ranking is secured in qualifying entrance test like NEET/CET/COMEDK, relaxation up to 70% may be considered subject to decision of the Educare committee.

c. Students applying for correspondence courses, part time courses, private studies and specific job courses at tutorials are not eligible to apply for this loan. This loan is only for those students pursuing regular university level degrees or diplomas.

d. The Annual income of the entire family from all sources (both parents and any unmarried siblings) should be less than Rs. 3,00,000/- (Rs. Three lakhs only)

e. Only Catholic students domiciled in Mangalore and Udupi Dioceses can apply. (Proof of residence must be produced.– such as MESCOM bill for present residence in the name of either parent or last school leaving certificate.)

f. Overseas education/courses are not supported by Educare. Education outside of Karnataka state will be considered only if the courses are not available within the state.

g. To be eligible to apply for this loan, the student must have received the Government scholarship for minorities for the previous year (Proof of receipt of such scholarship must be produced.)

h. Only those students who get admission under NEET/CET/COMED-K/PGCET or any equivalent government competitive examinations will be considered. (Proof must be produced.) EDUCARE DOES NOT SUPPORT MANAGEMENT QUOTA SEATS.

i. A maximum of two siblings per family is supported.

j. Incomplete and misrepresented applications will be rejected without notice.

II. Student’s eligibility (Renewals)

1. Student must obtain minimum of 60% marks in their last qualifying exam. Proof of marks obtained must be produced at the time of the interview. Those students, who have not obtained 60%, please do not apply for this loan.

2. Please ensure that all documents are submitted at the time of application or at the time of interview. Failing to submit marks cards or required documents of pervious examination before the interview will result in rejection of the application.
Fresh and renewal students can submit their applications online from 1st May 2019 onwards but before due dates specified below. Submission of loan application is accepted even if the admission is at a later date. Students are advised to read instructions before completing the form and make sure that all the relevant documents are available to proceed with the application.

The Educare executive committee supervising the loan disposal is the final authority for approval and disbursement of loans. The committee reserves the right to reject any application that in its view is not genuine, not deserving, and incomplete without providing any explanation to the applicant.

III. Application submission process:

1. Students who desire to apply for Educare loan must go to the website www.educarecodp.in and complete the application in full and submit it online.

2. You will have a print option while submitting the application. Please print the application, obtain the required recommendation (Gurkar) and signature. Submit the application to the respective church offices at least 10 days before the last date of submission notified for 2019.

3. All applications received in church office to be placed before a committee appointed by the Parish Priest i.e. finance committee or Education committee.

4. The appointed committee to screen/evaluate and approve genuine/needy applications for Educare loan and duly signed by the Vice President of the PPC and the Parish Priest.

5. Such approved applications may be forwarded to CODP directly by the parish office or may be handed over to students to be submitted to CODP prior to due date specified for 2019.

IV. Documents required at the time of submitting the application are:

1. Completed application signed by Gurkar, PPC vice president and Parish Priest.
2. Copy of Aadhaar card
3. Copy of Ration card
4. Copy of latest marks card (May be submitted at a later date but before the interview)
5. Copy of latest electricity bill/MESCOM bill
6. Proof of scholarships applied/received

V. The last (due) dates to apply online are:

• For the all renewal applications 30.06.2019
• For fresh graduation, Diploma application 15.06.2019
• For fresh post-graduation, BE applications 31.07.2019
• B.Ed, Nursing and Medical 30.09.2019

Click on the link below to apply online:
www.educarecodp.in

For any clarifications please contact Educare Desk of CODP, Kadri hills, Nanthoor, Bejai Post, Mangalore – 575 004 during office hours. Phone: 0824-2221109 / 9480511580.

 

  

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Comment on this article

  • Jasmitha Neha Pinto, Kuntalpady,karkala

    Mon, Jul 22 2019

    Required the loan to do post gratuation (MBA).

    Reply Report Abuse Agree

  • L N Rego, Bendur

    Sat, May 11 2019

    Educare is a hope for countless students who strive for higher studies and professional courses, deprived due to financial constraints. Let this initiatives inspire many more to come forward and support our society. Its very important, students who are benefited should think of contributing our society once their professional life is stabelised.
    Mr Micheal Dsouza may god bless you and your family for this noble cause.

    Reply Report Abuse Agree

  • joe Gonsalves, Mangalore

    Fri, May 10 2019

    This is indeed a very philionthrphic move on the part of donor who does not expect anything in return. Mr. Michael D'Souza is going all out to educate the deserving students. May his efforts be blessed and may many aspiring students get the benefits of this move on the part of the donor.

    I join scores of people in in saying kudos to the person behind the whole scenario.

    Reply Report Abuse Agree [6]

  • Vincent Rodrigues, Katapadi/Bangaluru

    Thu, May 09 2019

    Better those students need education loan to rush and submit their application to the appropriate authority with all the requirement within the stipulated time.

    Reply Report Abuse Agree [14]


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Title: Applications invited for Educare student loan 2019-20



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