NEW DELHI: Higher education and career growth platform, Leverage Edu on Thursday announced a Rs 5-crore scholarship for Indian students who are planning to study overseas for the upcoming academic intakes. “The Leverage Edu scholarship program is meant to ease pressure on students, and is going to see some landing up offers that will bring down their tuition fees, while for others it will indirectly cover their other at-campus expenses, that can help them be successful at university,” said Akshay Chaturvedi, Founder & CEO at Leverage Edu.
The scholarship has a rolling application and the winners will be announced every fortnight. When asked about how students would be judged, Chaturvedi said, “We are looking for driven students who believe in their hearts that the opportunity to go abroad can level up their lives and consequently their families. They would be judged on the merit of their answers and profile; winners will be chosen by a jury of academia and senior professionals that we’ve put together.” Over time, the New Delhi-headquartered startup claims to have worked on widening access to the right career advice, which could help students punch above their weight. “Understanding that outcomes here are linked to ‘what a student does post university’, we have used our pedagogy to work with students on first doing what they are uniquely best at, and then linking it to post-graduation jobs,” said Chaturvedi. “Our matching algorithms, virtual fair platform, and multiple other features are all built with the same vision of making the student win. Hence, the next logical step here was understanding that ‘financial consideration is also a limiting factor for some. This became more apparent as our customer base has grown to be over 60% from non-metros, where a little help can go a long way,” he added.
COURTESY – TIMES OF INDIA