Oil Merit Scholarship 2024: Online Registration & Application Form

Oil Merit Scholarship 2024 Apply Online & Registration Form | Oil Merit Scholarship Check Amount & Last Date | Oil Merit Scholarship Benefits & Features | Oil Merit Scholarship Check Beneficiary Limitation & Minimum Marks | Oil Merit Scholarship Check Eligibility & All Details |

The Oil India Limited has launched the Oil Merit Scholarship so that the students will be able to carry out higher studies after the completion of the class 11th and 12th. This scholarship will be provided or granted to the children or wards of oil employees. Students will be given variable scholarships based on the degree or course opted by the student.

Today through this article we will provide you with all types of information about the Oil Merit Scholarship 2024 like purpose, Eligibility Criteria, Benefits, Features, important documents, etc. Apart from this, we will share with you the process to apply online for this scholarship. To get complete information about this scholarship, read this article till the end.

Oil Merit Scholarship

Variable scholarship amounts will be provided or granted to the students for pursuing class 10th, ITI course, Engineering, MBBS, and MBA after getting an online registration offered under the Oil Merit Scholarship. This scholarship will be given to the students residing in the oil operational areas of Dibrugarh, Tinsukia, Charaideo, Sivasagar District of Assam, and Changlang District of Arunachal Pradesh.

Students residing in oil operational areas and non-oil areas will be provided financial help and support offered under the Oil Merit Scholarship by which they will be able to carry out further studies. For this, they will need to secure prescribed or mentioned marks in last year’s exam to secure selection as well as scholarship amount.

Oil Merit Scholarship: Online Registration & Application Form

Highlights Of Oil Merit Scholarship 2024

The highlights of this scholarship are as follows:-

Name Of The ScholarshipOil Merit Scholarship
Launched ByOil India Limited
Delegated MinistryMinistry of Electronics & Information Technology
ObjectiveTo provide scholarships to the students for carrying out further studies
BenefitStudents will be able to get paid their fees
Applicable toCitizens of India
BeneficiariesStudents
Beneficiary CategoryStudents living in the oil operational areas of Dibrugarh, Tinsukia, Charaideo, Sivasagar district of Assam, and Changlang District of Arunachal Pradesh
Eligible Caste GroupsSC, ST, OBC, BPL, & General
Beneficiary Limit2600
Mode of TransferDBT
Payment MechanismPFMS
Eligible ClassesClass 11th to Class 12th
Eligible CoursesITI, Engineering, and MBA
Form of BenefitScholarship Amount
Amount of BenefitRs. 1000/- to Rs. 3000/-
Transferrable TypeYearly/Monthly/One-Time Payment Basis
Host SiteNIC (National Information Centre)
Mode of ApplicationOnline
Last Date To Apply OnlineWill be updated soon
Office AddressCorporate Office
Oil India Limited
Plot No. 19, Near Film City,
Sector 16A, Noida – 201301
Phone No0120-2419000
Email IDoilindia@oilindia.in
Official Websitewww.oil-india.com

Objectives Of Oil Merit Scholarship

The major objective of launching the Oil Merit Scholarship is to provide financial help and support to the students residing in the oil operational areas of Dibrugarh, Tinsukia, Charaideo, Sivasagar district of Assam, and Changlang District of Arunachal Pradesh by which they will be able to gain higher studies. Students can enroll for various degrees or programs offered under this scholarship.

Another objective of launching the Oil Merit Scholarship is to grant variable scholarship amounts based on the merit performance of the student considering last year’s exam records. Students will be able to receive scholarship amounts as per the course to which they want to get admission. One can apply online before the last date.

Oil Merit Scholarship Timelines

The timelines of this scholarship are as follows:-

Application Starts3rd Week of July 2024 (Tentative)
Application Ends3rd Week of August 2024 (Tentative)

Beneficiary Category

It is only based on beneficiary category that the students or applicants will be able to get scholarships as well as selection so the students must possess beneficiary category. This scholarship will be provided to the children or wards of Oil Limited employees and benefits can also be availed by the non-oil employee’s wards.

Eligible Caste Groups

The below-mentioned caste groups will be considered eligible to apply online:-

  • SC Caste
  • ST Caste
  • OBC Caste
  • General Caste
  • BPL Caste

Eligible Areas

The below-mentioned areas will be considered eligible to apply online:-

  • Dibrugarh
  • Tinsukia
  • Charaideo
  • Sivasagar district of Assam
  • Changlang District of Arunachal Pradesh

Oil Merit Scholarship Slots Reserved

The slots reserved for this scholarship for the beneficiaries are as follows:-

Oil Employee Wards or Dependents

Class or Board Slot Reservation
HSLC Rural70%
HSLC Urban80%
AISSA80%
ICSE80%
HSSLC/ AISSCE/ ICE80%

Non-Oil Employee Wards or Dependents

Class Slot Reservation
10th class80%
12th class80%

Eligible Courses/Classes/Degrees

The below-mentioned courses/classes/degrees will be considered eligible to apply online:-

  • Class 10th & Class 12th
  • ITI Course
  • Engineering
  • MBBS
  • MBA

Oil Merit Scholarship Amount

The rates of scholarship are as follows:-

Courses/Classes/Degrees Scholarship Amount
10+/ITIRs. 1000
EngineeringRs. 3000
MBBSRs. 3000
MBARs. 3000

Minimum Marks Cut-Off

The students will need to secure below-mentioned marks:-

Courses/Classes/Degrees Minimum Marks
10+/ITIReserved Categories = 60% to 65%
PWD = 50%
EngineeringReserved Categories = 60% to 65%
PWD = 50%
MBBSReserved Categories = 60% to 65%
PWD = 50%
MBAReserved Categories = 60% to 65%
PWD = 50%

Beneficiary Limitation

The beneficiary limit for each Course/Class/Degree is as follows:-

Courses/Classes/Degrees Beneficiary Limitation
10+/ITI2000
Engineering300
MBBS200
MBA100

Oil Merit Scholarship Selection Procedure

The selection of recipients for this scholarship is a rigorous and fair process. The following steps are involved in the selection procedure:-

  • Application Submission: Interested students must submit their scholarship application along with the required documents within the specified deadline.
  • Evaluation of Applications: A panel of experts reviews all the received applications and assesses the candidates based on their academic achievements, extracurricular activities, leadership skills, and personal statements.
  • Shortlisting: After the initial evaluation, a shortlist of candidates is prepared based on the merit of their applications.
  • Interviews: Shortlisted candidates are invited for an interview, where they are evaluated on their communication skills, problem-solving abilities, and their passion for the oil and gas industry.
  • Final Selection: The scholarship recipients are selected based on their performance in the interview and their overall suitability for the program.

Implementation Procedure

Once the scholarship recipients are selected, the implementation process begins. The following steps are followed to ensure the smooth execution of this scholarship:-

  • Notification: The selected candidates are notified about their selection and provided with all the necessary information regarding the scholarship program.
  • Documentation: The recipients are required to complete the necessary documentation, including acceptance letters, agreement forms, and any other paperwork as specified by the scholarship committee.
  • Disbursement of Funds: The scholarship funds are disbursed directly to the educational institutions where the recipients are enrolled. The funds are used to cover tuition fees, books, and other educational expenses.
  • Monitoring and Support: The scholarship committee monitors the progress of the recipients and provides any necessary support throughout their academic journey.
  • Reporting: Regular reports are prepared to track the academic performance and achievements of the scholarship recipients.

Supervision Body

The Oil Merit Scholarship program is supervised by a dedicated body that ensures the effective implementation and management of the program. This body consists of experienced professionals from the oil and gas industry, academic experts, and representatives from the scholarship provider. Their responsibilities include:-

  • Establishing and reviewing the selection criteria for the scholarship program.
  • Overseeing the selection process and ensuring its transparency and fairness.
  • Monitoring the implementation of the scholarship program and evaluating its impact.
  • Providing guidance and support to the scholarship recipients.
  • Reviewing and updating the program guidelines as necessary.

Key Guidelines

Here are some important guidelines for applicants and recipients of the Oil Merit Scholarship:-

  • Eligibility: Applicants must meet the specified eligibility criteria, which may include academic requirements, nationality, and enrollment in an oil and gas-related program.
  • Application Deadline: The scholarship application must be submitted within the given deadline. Late applications will not be considered.
  • Documentation: Recipients must complete all the required documentation accurately and within the specified timeframe.
  • Academic Performance: Scholarship recipients are expected to maintain satisfactory academic progress throughout their scholarship.
  • Reporting: Recipients may be required to provide periodic reports on their academic progress and any other achievements.
  • Code of Conduct: Recipients are expected to adhere to a code of conduct, demonstrating professionalism and ethical behaviour.
  • Renewal: The scholarship may be subject to renewal based on the recipient’s academic performance and adherence to the program guidelines.
  • Termination: The scholarship may be terminated if the recipient fails to meet the program requirements or engages in any misconduct.
  • Appeals: A formal appeals process is available for recipients who wish to challenge any decisions made by the scholarship committee.
  • Confidentiality: All personal information provided by applicants and recipients is treated with strict confidentiality.

By following these guidelines, applicants and recipients can ensure a smooth and successful experience with the Oil Merit Scholarship program.

Benefits Of Oil Merit Scholarship 2024

The benefits of this scholarship are as follows:-

  • Students will be able to carry out further studies.
  • A total of 2600 students will be able to get scholarships.
  • Variable scholarship amounts will be provided to the students by which they will be able to get admission to the choice of interested course or degree.
  • The scholarship opens doors to higher education opportunities that might otherwise be financially out of reach for many students.
  • Scholars may have the chance to connect with industry professionals, fellow scholars, and mentors, creating valuable networking opportunities that can prove beneficial in their future careers.
  • The scholarship program often includes additional training, workshops, or mentorship programs that help scholars develop their skills and personal growth.
  • Scholars may gain access to exclusive resources, such as libraries, research facilities, and laboratories, that can enhance their educational experience.
  • This will upgrade their educational standards and boost their morale.
  • This will increase the literacy rates and put reduction on the drop out rates.
  • One can apply online before the last date for getting timely registration.

Features Of Oil Merit Scholarship 2024

The features of this scholarship are as follows:-

  • The Oil India Limited has launched the Oil Merit Scholarship.
  • This scholarship will be provided or granted to the students living in the oil operational areas of Dibrugarh, Tinsukia, Charaideo, Sivasagar district of Assam, and Changlang District of Arunachal Pradesh.
  • Students belonging to SC, ST, OBC, BPL, and General categories will be considered eligible to apply online.
  • A total of 2600 students will be given the scholarships.
  • This scholarship is available to students from all nationalities, promoting diversity and inclusivity in the oil and gas industry.
  • Selected scholars gain access to a vast network of industry professionals, mentors, and fellow scholars, fostering connections and collaborations.
  • The scholarship program often provides internship and job placement opportunities with leading oil and gas companies, enhancing students’ career prospects.
  • As part of the scholarship program, scholars are encouraged to engage in community service and contribute to the sustainable development of the industry.
  • Students will be able to pursue classes 10th to 12th, ITI, MBBS, Engineering, and MBA Degrees.
  • For getting more information, one can visit the official website.

Oil Merit Scholarship Eligibility Criteria

The applicants will need to follow the mentioned eligibility criteria for getting online registration:-

  • The student must be a citizen of India.
  • He or she must be living in the oil operational areas of Dibrugarh, Tinsukia, Charaideo, Sivasagar district of Assam, and Changlang District of Arunachal Pradesh.
  • The student belong to the reserved categories such as SC, ST, OBC, BPL, and General.
  • Students must be enrolling in the class 10th to 12th, ITI, MBBS, Engineering, and MBA Degrees.
  • He or she must have secured minimum cut-off marks in the last year’s exam as per their caste.

Important Documents 

Some of the important documents to apply online under this scholarship are as follows:- 

  • Aadhar Card
  • Domicile Certificate
  • BPL or Caste Certificate (SC, ST, OBC)
  • Disability Certificate (In case of a disabled person)
  • Educational Mark Sheets
  • Latest Passport Size Photograph
  • Bank Account Details
  • Mobile No
  • Email ID

Process To Apply Online Under Oil Merit Scholarship 2024

As this scholarship has been recently launched, no such information has been received by using social networking resources. As soon as any information related to the application procedure required to apply online under the Oil Merit Scholarship is launched, we will update you through this article otherwise the applicant can visit the Official Website.

Process To Apply Online Under Oil Merit Scholarship

Getting Contact Details

The applicants will need to follow the below-mentioned points to get contact details:-

  • Visit the official website first.
  • On the homepage, click on the Contact Us drop down menu.
  • Now click on the link to Oil Offices.
Getting Contact Details
  • Contact Details will get displayed on the screen.

Contact Information 

In case of queries and questions come to your mind regarding the Oil Merit Scholarship, then you may contact this mentioned below office address, phone number, and email ID:- 

  • Office Address:-
    • Oil India Limited
    • Plot No. 19, Near Film City,
    • Sector 16A, Noida – 201301
  • Phone No:- 0120-2419000
  • Email ID:- oilindia@oilindia.in

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