Name of the Organization : The Times of India(timesofindia.indiatimes.com)
Name of the Scholarship : Times Scholarship Programme for Class XII Students 2012

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Times Scholarship Programme for Class XII Students :
The Initiative :
'Times Scholars' is an initiative undertaken by The Times of India to recognize and reward the brightest young minds in the country. We firmly believe in the power of intellect, and thus aim at polishing the young new diamonds of the country which we feel have the potential of once again proving the power of India’s intellect to the World.

Like the Indians who gave to the World innumerable intellectual gifts such as the concept of zero, the science of algebra, the technique of algorithm, the mother of all languages Sanskrit, the Ayurveda, the Yoga, the Takshila University, the game of chess and so on, we believe that there are bright young minds out there in the country today, who if guided and mentored well will be the drivers of change and development in the World.

Eligibility Criterion :
Students currently studying in Class XII (12th) of any school in India.

Apply :
Click here to Apply Online

Process :
The Times Scholars programme will span over a period of about 2 months. Following is the detailed process, divided into 4 key stages:
Stage 1 :
This is when we invite applications. Students currently studying in Class XII (12th) of any school in India can go on our website (timesscholars.com) and fill the application form online. The form cannot be saved or edited. It has to be filled in one go.

The last date for submission is 10th September, 2012. Entries will not be accepted after 11 :59pm on 10th September. With the help of our panel of experts, we will evaluate the applications and declare a list of shortlisted candidates on 15th September, 2012.

Stage 2 :
The shortlisted candidates will be asked to take an Aptitude Test on 23rd September, 2012 at one of the following centres:
Ahmedabad, Bangalore, Bhopal, Bhubaneshwar, Chandigarh, Chennai, Delhi, Hyderabad, Jaipur, Kolkata, Lucknow, Mumbai, Nagpur, Patna, Pune

About the test :
It will be a computer-based test (CBT). The duration of the CBT is 120 minutes and it will be timed. The candidates will need to answer 110 questions. Each of the questions may have either 4 or 5 answer options. There will be negative marking for incorrect answers i.e. 0.25 marks will be deducted for every wrong answer.

No marks will be deducted for unanswered questions. Most questions will carry 1 mark for the right answer. However, some questions will carry 2 marks for the right answer. This will be indicated at the end of every such question, when you take the test. Candidates are expected to show proficiency in all the areas tested. The following are the broad areas that will be tested.
1) Numerical Ability :
Your ability to apply simple to complex calculations in basic arithmetic, number sequences and mathematics-related problems/situations.

2) Verbal Reasoning :
Your ability to comprehend written material, analyze information and solve problems using language-based reasoning. (in this case, English language)

3) Logical Reasoning :
Your ability to examine and analyze information applying logic and sound mathematical and/or reasoning skills to arrive at a definite conclusion.

4) General Awareness :
Your awareness of what is happening around the world in Science, Arts and Literature, Geography, Sports and Current Affairs at the National and International levels.

We will declare the results of the test on 2nd October, 2012.

Stage 3 :
The candidates who will pass the exam will be required to go through a round of discussion with our panel of judges over 9th to 11th October 2012 at one of the following centres :
Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, Nagpur, Pune

The panel will comprise of academicians, senior TOI editors and other eminent personalities in the field of education. They will conduct a round of group discussions and personal interviews to evaluate the candidates.

Post this round, we will declare the final shortlist of about 100 candidates on 19th October, 2012.

Stage 4 :
The top 100 candidates will be called for the final round of selection to be held in New Delhi on 2nd & 3rd November, 2012. Here, the candidates will be evaluated by well-known personalities from various fields. They will go through a round of group discussion and personal interview over the two days.

The final results will be declared on November 5th.

Rewards :
** The top 20 Times Scholars will get a cash scholarship of Rs. 5,00,000 each. The amount will be transferred to the parent/guardian’s bank account in four annual instalments.

** 80 students will be given Rs. 5,000 each as a special mention scholarship.

The last date for submission is 10th September, 2012.