Stanford Reliance Dhirubhai Fellowship Program

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Stanford Reliance Dhirubhai Fellowship Program is an initiative by Reliance Industries Limited to provide financial support to Indian students who wish to pursue an MBA degree at Stanford Business School. The program chooses up to 50 candidates, among which only five are selected for the Dhirubhai Fellowship. The program pays the fees of the four semesters of the MBA degree program. However, students must commit to return and work at least 2 years in India after completion of the program.

Type of Funding	Private
Scholarship Type	Merit-based
Renewable	Yes
Application Deadline	May 31, 2023 (closed)
Establishment Year	2008
Eligible Candidates	Bachelor's degree(equivalent to a US bachelor's degree in any field)
Scholarship Amount	150,000 USD
Participating countries	The United States of America

Benefit of Stanford Reliance Dhirubhai Fellowship Program

The candidate selected for the Stanford Reliance Dhirubhai Fellowship Program will receive financial assistance for about eighty percent of the cost of tuition fees and other costs related to the program for each semester in the two years.

Highlights

Scholarship Type	College-Specific, Merit-Based
Offered by	Trust
Organization	N/A
Application Deadline	N/A
Number of Scholarships	3
Amount	₹12,661,500 ($150,000)
Renewability	No
International Student Eligible	Yes
Scholarship Website Link	https://www.gsb.stanford.edu/programs/mba/financial-aid/types-aid/stanford-reliance-dhirubhai-fellowship

Eligibility Criteria

To be eligible for this fellowship program, candidates must meet the admission requirements of the Stanford MBA program.

Bachelor’s degree(in any field that is equivalent to a U.S. bachelor’s degree)
Submit GRE/ GMAT and IELTS/ PTE/ TOEFL scores. The minimum score requirements for the same are:
- TOEFL-iBT: 100
- IELTS: 7.0
- PTE: 68
Submit letters of recommendation and statement of purpose
Optional questions (200 words)
Work experience (optional)
Resume

Apart from the above requirements, the students will also be evaluated based on the leadership role they have taken, and professional work experience. The student must demonstrate how they will contribute to the learning community of Stanford both on campus and off campus.

Application Process

To be considered for the Stanford Reliance Dhirubhai Fellowship Program, applicants are required to complete the scholarship form along with the Stanford MBA application form. Following documents will be required from students seeking fellowship for pursuing Stanford MBA:

Mark sheets showing educational performance in class 10th, 12th, and graduation
Essay of 250-Words (on a given topic)
Resume or Curriculum Vitae(CV) [Should be of one-page]
Awards, Certificates, and Recognition (both academic and social)
Employment history (years of experience, name of the organization, and type of work)
GMAT/ GRE Official Scores
Financial and tax-related documents
Family income (annual)
Official transcripts
Letter of recommendation: Applicants are supposed to submit two LORs highlighting their professional careers.

Note: This fellowship pre-application form does not require any fees.

Selection Process

A total of 50 candidates are shortlisted during the evaluation process for the fellowship program. The candidates are selected based on their academic standings, financial need and overall application profile. However the acceptance rate for scholarships is only 5.4% which makes it highly competitive to earn. Among the 50 shortlisted candidates, only 3 are selected for fellowship based on their leadership qualities, skills, work experience (if any), financial requirements and overall profile.

The Standard Reliance Dhirubhai Fellowship program only considers those candidates who demonstrate strong academic standings and completed their senior secondary education in India.

Grant Details

This attempt by Reliance to support talented students financially by providing scholarships to study at Stanford Graduate School of Business is known to be a great initiative. The scholarship amount offered to Indian students to study in the USA is 150,000 USD. The amount covers over 80% of the cost of attendance at Stanford Graduate Business School that includes tuition fees, course fee (Annually), living expenses, medical expenses, and other miscellaneous fees related to the University

As per the fellowship guidelines, the recipients must return to India after their course is completed. Moreover, they must work for two years in an organization in India. It is not necessary to work for Reliance Industries Limited. Students failing to do so will be asked to return the fellowship fees to the organization.