New Delhi, Sept 2 (ZEENEWS.COM) State-run Indian Oil Corp (IOC) has announced 450 scholarships for meritorious students all over India, under the Indian Oil scholarships scheme for the academic year 2006-07.

As part of IOC's social responsibility programme, the scheme provides for attractive scholarships to students selected on 'merit-cum-means' basis.

For the academic year 2006-07, 450 scholarships covering the first year students of 10+/iti, engineering, MBBS and MBA, will be formally announced through newspaper advertisements inviting applications under the scholarship scheme.

Out of the total 450 scholarships, 250 scholarships for 10+/ ITI students will be on zonal basis at the rate of Rs 1,000 per month for two years.

Engineering (100) and MBBS (40) students will be awarded scholarships of Rs 2,000 per month for four years, while MBA (60) students shall be entitled to a scholarship amount of Rs 2,000 per month for a duration of two years.

Special encouragement is being given to girl students, physically challenged students and students from Jammu and Kashmir as well as the Northeast states.

Last date for submitting the application form is September 30.