Zoroastrian Association of Greater New York

Scholarship

The Zoroastrian Association of Greater New York, Inc. (“ZAGNY”) Academic Loan Scholarships (“Scholarship”) provide financial assistance to Zoroastrians for full-time study at a college, university, or equivalent academic institution. The Scholarships are offered in recognition of academic excellence and are intended to assist students who demonstrate a need for financial assistance.

ZAGNY will provide students with interest-free loans as financial assistance, repayable over a period of time, as stipulated in the “Terms of Payments” of the promissory notes, upon completion of the course of study. The detailed terms and conditions of the interest-free loan will be provided to the awardees by the Chair of the ZAGNY Scholarship Committee upon selection by the ZAGNY Board and are also indicated in the promissory note. The scholarship committee will determine the amount of scholarships to be granted each year.

ELIGIBILITY CRITERIA

  • Zarathustis who are currently enrolled as full-time students, for the current 2023-24 academic year, in an undergraduate or graduate-level program.
  • All Applicants may enroll at an academic institution in the US only and must have a US-based sponsor/guarantor.
  • All non-resident applicants should have current and valid legal status/ visa to study in the US at the time the Scholarship is granted.
  • An individual, including prior applicants and recipients, may apply for the Scholarships for a maximum of two (2) consecutive academic years; he or she is enrolled for full-time study at an academic institution. Granting of the Scholarship would be at the sole discretion of the ZAGNY Board.

JUDGING CRITERIA

The main criteria, weighted equally, on which applicants will be judged, are:

  • Academic achievements, including involvement in extracurricular activities;
  • Demonstrated financial need; and
  • Service to the community.

APPLICATION PROCEDURES

  • Complete all sections of the ZAGNY Loan Scholarship Form below.
  • It is the applicant’s responsibility to ensure that the Application Form, attachments, and references are received by the ZAGNY Scholarship Committee Chair, no later than August 1, 2023 [See linked ZAGNY Loan Scholarship checklist].
  • All applicants must have a US-based sponsor (proof of residence required) sign a promissory note testifying that they will return funds to ZAGNY if the student defaults on payment terms. The guarantor must have proven ability to pay.

SELECTION PROCESS

  • The applications are evaluated by the Scholarship Committee appointed by the ZAGNY Board.
  • The Scholarship Committee may interview selected applicants, as necessary.
  • The applications will be evaluated according to the judging criteria above based on the information provided in the application form and the interview process.
  • The recipients of the ZAGNY Academic Scholarship for the 2023-24 academic year will be selected by September 15, 2023.

If you have any questions, please reach out to the ZAGNY Scholarship Committee, Sam Shroff at sam_shroff@earthlink.net or Darius Daruwala at