Every year, bright students earn a place at Somaiya but can't take it up. Fees, books, travel and living costs put a degree out of reach for their families.
A scholarship removes that barrier, so a student's future is decided by their potential, not their family's income.
Somaiya already invests heavily so that money doesn't stand in the way of a student's education. Yet partial aid still leaves many families with a large bill every year.
a year in philanthropic gifts to give 275 students more financial support.
Goal 1: Depth
KJSSE students moved from 50% to 100% aid
Goal 2: Breadth
KJSSE students lifted from 20% to 50% aid
| Your gift per year | Depth: 50% → full fees | Breadth: 20% → 50% |
|---|---|---|
|
$2,000
|
Two-thirds of one student's uplift
|
1 student to 50%
|
|
$3,000
|
1 student to full fees
|
About 2 students to 50%
|
|
$10,000
|
3 students to full fees
|
About 5 students to 50%
|
|
$30,000
|
10 students to full fees
|
About 17 students to 50%
|
Somaiya already funds almost all of this itself. Every gift lets us say yes to more students.
A yearly gift for a set term, through the Somaiya Foundation, with a 501(c)(3) receipt. Gifts of $10,000 a year or more can carry your name.
Every alumni dollar is matched and added to the need-based aid pool.
The Financial Aid Committee selects students from families earning under about $8,300 a year. Gifts are spent the same year.
A yearly report on students supported, total raised and average award.
Yes. Gifts made through the Somaiya Foundation, our U.S. 501(c)(3), receive the applicable U.S. charitable contribution acknowledgment.
Yes. You can set up a recurring monthly gift and change or pause it at any time.
Yes. An endowed gift can set up a named scholarship, in your name or in honour of a loved one, that supports a student every year. Our team will help you set it up.
Every gift is designated to this cause, and donors receive a yearly update on the students and outcomes their support made possible.
