RADHABAI PA0NASKAR SCHOLARSHIP AND MEDALS FUND.
(In memory of the donor’s wife, smt Radhabai Paonaskar)
Donor :- Dewan Bahadur K.L. Paonaskar M.A., C.I.E.
Dewan and Chif Member of Council of Kishangarh State in Rajputana.
Value of Endowment :- face value
1) 100/- Government Securities
2) 18,000/- Government Securities
3) 85,900/- S.B.I.
Award : One Scholarship, one Gold and two Silver Medals.
1) A Scholarship of the value of Rs.400/- per month shall be awarded to the
student who secures highest number of marks among the successful female
candidate at the Higher Secondary School Certificate Examination (XII
Standard) of the Maharashtra board of Secondary Education (Vidarbha
Division). The recipient shall be called the Radhabai Paonaskar Scholar.
2) The Scholarship shall be tenable for 3 Academic years (total 34 months)
while the scholar prosecutes regular course of studies in a college
affiliated to the Nagpur University, with a view to qualify herse for
Admission to the course of B.A. part I/B. Sc. part –I of Nagpur University
in accordance with its regulations. On the scholar ceasing to prosecute such
a course of studies to the satisfaction of the principal at any time during
above period, the scholarship shall at once determine.
Provided that the Academic Council may for special reasons permit the
scholar to hold the scholarship while prosecuting her studies in a college
affiliated to any other University constituted under the Act of any State
Government or of the Central Government.
The Scholarship may be held in conjunction with any other merit Scholarship.
3) The following medals bearing the words Radhabai Paonaskar Medal awarded
to …………….. in the year……………..at the …………….Examination on one side, and the
words “ Nagpur University” on the other, shall be annually awarded .
a) A Gold medal of the value of Rs. 800/- to the Student who obtains the
percentage of marks among the successful female candidates of the year at
the B.A. and B.Sc. Examination of the Nagpur University.
b) A Silver medal of the value of Rs. 400/- to the Student who obtains the
highest percentage of marks among the successful female candidates of the
year at the Pre-Professional for1960 ( March-April OR
First year Science for 1961, OR
First year Arts and B.Sc. Part I from 1962 onwards.
c) “A Silver medal of the value of Rs. 400/- to the Student who obtains the
highest number of marks among the successful female candidates of the year
at the Higher Secondary School Certificate Examination (XII Standard) of the
Maharashtra state board of Secondary Education ( Vidarbha Division).
4) In the event of two or more students obtaining the highest percentage of
marks or the highest umber of marks, the scholarship or the medal, as the
case may be shall be awarded to her who is younger or youngest in age.
5) Any money saved out of the income of the endowment shall be allowed to
accumulated and, when possible, invested in the Government of India
Securities. The income from such added securities shall be utilised in
increasing the amount of the scholarship or the value of the medals, or may
be given in prizes to successful female candidates at any of the University
Examinations, as the Academic Council may determine.
6) All matters relating to the scholarship and at the medals, not otherwise
provided for in these Regulations, Shall be decided by the Academic Council.
7) The names of the female scholar and the medallists of each year will be
published in the University Calendar and the same communicated to the donor
NOTE :-1) Accepted by the Academic Council vide item No.71 Dated
29/30-8-77 & Executive Council vide item No.26 Dated 22-09-77
2) Accepted by the Academic Council vide item No.45 Dated 27/28-12-79 &
Executive Council vide item No.53 Dated 19-04-80
3) Accepted by the Finance and Accounts Committee vide item No.22 Dated
8/7/04 & Management Council vide item No.228 Dated 11& 21 Oct. 2004