Dunia. Young Leaders Scholarship Program. Application Form. Empowering people, Enabling success, Enriching lives

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1 Dunia Young Leaders Scholarship Program Empowering people, Enabling success, Enriching lives Application Form

2 Thank you for your interest in the Dunia Young Leaders Scholarship Program. Dear Parent, Thank you for applying to the Dunia Young Leaders Scholarship Program for your child. Dunia Scholars are chosen not only for their outstanding academic achievements but also for their character, commitment, and potential for leadership in whatever domains their careers may lead. Parents have an important role in nurturing their children and Education is one of the most important pillars. Education teaches every child the critical skills and tools that help them provide better for themselves. Parents have a role in bringing out the best in their children. As parents, we should encourage and inspire them to take charge of their educational journey. Children should be motivated to work hard and reach for the stars while be firmly rooted to the ground. Children can be made leaders with a single-minded passion, focus and belief through mentorship, care, and continuous behavioral influences from parents. To make your child into a leader, you need to help them gain the knowledge to have a forward looking view. So, who are our future leaders? As a general thumb rule and, at a minimum, they are the children of today who are very focused, energetic, passionate, creative, innovative, know how to execute things and operate with a very high standard of personal & professional integrity. Good leaders leave a good feel to them. Good leaders make things happen. Good leaders have their own styles. They create their own path. They leave an indelible impact on others. They help empower people, enable success, and enrich lives. I leave you with these thoughts and wish your child the very best for the Dunia Young Leaders Scholarship Program application. Sincerely, Rajeev Kakar Managing Director & CEO Dunia Finance LLC Page 2 of 10

3 Instructions to Applicants: The Dunia Young Leaders Scholarship Program is a highly competitive scholarship offered to school going students from Nursery to Grade 12, Undergraduate university students and Post graduate university students. Please note that Applicants should be residents of the UAE. Application must be filled in by the parent/legal guardian of the Candidate. Full details of the Applicant (parent/legal guardian of the Candidate) as well as the Candidate (student for whom Scholarship is being applied for) must be filled in the application form. Please read the instructions carefully and be sure to include a copy of the following documents and information with your application. Incomplete applications will not be reviewed. Completed Application Form Copy of valid passport of the Applicant, the Applicant s spouse and the Candidate Copy of valid emirates ID of the Applicant, the Applicant s spouse and the Candidate Awards, Sports & Extracurricular outstanding contributions of the Candidate Please complete all sections of the application form and a scanned copy of the application form to Page 3 of 10

4 Applicant s details Title Mr. Mrs. Ms. Dr. First name Middle name Employment details Current Employer Employed since Designation Employer Address Last name dunia Customer number (if existing dunia customer) Date of birth dd mm yyyy Emirates ID number Emirates ID expiry date dd mm yyyy Nationality Passport number Residence in UAE since No. of years in UAE years months Do you own a vehicle in UAE? Yes No If yes, make and model Is it a Pre-owned car New car Do you own a house in? UAE Home country If yes, what is the current market value? Contact information Home telephone number [ ] Office telephone number [ ] Mobile [ ] address Previous employers in UAE Monthly Gross Income Range less than AED 15,000 AED 15,000-21,000 AED 22,000-34,000 AED 35,000-50,000 greater than AED 50,000 If self-employed Company name Nature of business Business Address Monthly turnover/sales (AED) Education details University Graduated from Year of Graduation Program Details All fields are mandatory and must be completed for application to be considered valid. Page 4 of 10

5 Applicant s spouse details Title Mr. Mrs. Ms. Dr. First name Middle name Employment details Current Employer Employed since Designation Employer Address Last name dunia Customer number (if existing dunia customer) Date of birth dd mm yyyy Emirates ID number Emirates ID expiry date dd mm yyyy Nationality Passport number Residence in UAE since No. of years in UAE years months Do you own a vehicle in UAE? Yes No If yes, make and model Is it a Pre-owned car New car Do you own a house in? UAE Home country If yes, what is the current market value? Contact information Home telephone number [ ] Office telephone number [ ] Mobile [ ] address Previous employers in UAE Monthly Gross Income Range less than AED 15,000 AED 15,000-21,000 AED 22,000-34,000 AED 35,000-50,000 greater than AED 50,000 If self-employed Company name Nature of business Business Address Monthly turnover/sales (AED) Education details University Graduated from Year of Graduation Program Details All fields are mandatory and must be completed for application to be considered valid. Page 5 of 10

6 Candidate details Name of Candidate for whom you are applying for a scholarship First name Middle name Last name Gender Male Female Date of birth dd mm yyyy Passport Number Nationality Emirates Id Number Contact information Home telephone number [ ] Mobile [ ] address School / University details School Nursery KG1 - Grade 12 University Undergraduate Master s PhD School / Univeristy name Curriculum / Program Entering Grade / Year (starting Fall 2015) Tuition fee p.a. (in AED) City Country Address Telephone Number Student Address details House/Flat number Building name Street & district name Nearest landmark P.O. Box number City Country All fields are mandatory and must be completed for application to be considered valid. Page 6 of 10

7 DETAILS OF CURRENT & PREVIOUS EDUCATION OF THE CANDIDATE High school/university attended Degree Obtained / To be Obtained Years From To GPA/Grade Maximum GPA/Grade AWARDS Please list all your awards and provide copies of certificates where relevant. Award Title Description Awarded by Date SPORTS & EXTRA CURRICULAR ACTIVITIES Time Spent Description Years Involved Hours / week Weeks / year All fields are mandatory and must be completed for application to be considered valid. Page 7 of 10

8 Details of siblings of Candidate (if any) First name First name Middle name Middle name Last name Last name Gender Male Female Date of birth dd mm yyyy Education details School/College name City Curriculum / Program Entering Grade / Year Expected Year of Graduation from School / University Emirates Id Number Gender Male Female Date of birth dd mm yyyy Education details School/College name City Curriculum / Program Entering Grade / Year Expected Year of Graduation from School / University Emirates Id Number Declaration I/We hereby understand and accept the Terms and Conditions set out in the Dunia Scholarship Application form. I/We hereby declare that all the information provided in this form is true and accurate to the best of my/our knowledge. I/We, the undersigned, hereby consent to:(i) credit bureau(s) including but not limited to Al Etihad Credit Bureau Company (the Credit Bureau ) disclosing any and all information relating to me/us including but not limited to personal information, financial data and credit information (the Information ), to Dunia Finance LLC ( Dunia ) in relation to my/our application and on an on-going basis. (ii) Dunia accessing any Credit Bureau s database to carry out credit checks and to obtain Information; and (iii) Dunia disclosing and furnishing Information pertaining to my/our account and related credit conduct to any Credit Bureau from time to time. Further, I/We agree and understand that the Information is released without any liability or responsibility on the part of Dunia and that the Information provided by Dunia to any Credit Bureau will be made available by that Credit Bureau to its members. I/We hereby confirm that all the information collected as aforesaid and/or provided by me/us including my/our name(s) and photograph(s) will become the property of Dunia and may be used by Dunia for interalia statistical analysis or marketing related activities such as inclusion in any Dunia advertisement whether audio and/or visual for its products and offers and events related thereto, any administrative matters relating to the Scholarship application and compliance with legislative reporting requirements; I/We further agree that Dunia may release any information pertaining to the grant of the Scholarship in the public domain through social media. Candidate s Signature Applicant s Signature Signature of Applicant s Spouse Date / / Date / / Date / / Place Place Place Page 8 of 10

9 TERMS & CONDITIONS Dunia Young Leaders Scholarship Program A. GENERAL TERMS AND CONDITIONS i. This document outlines the terms and conditions for the Dunia Young Leaders Scholarship ( the Scholarship ) administered and granted by Dunia Finance LLC (Dunia). The Applicant and Candidate (defined hereinafter) are expected to read, understand and accept these Terms and Conditions in its entirety before applying for the Scholarship. When the Applicant registers his/her interest in the Scholarship program for the Candidate by submitting the application form, he/she is accepting the Terms and Conditions and agrees to the requirements and conditions of the Scholarship; ii. Dunia reserves the right to modify or cancel any statement in the Scholarship program description and information as it is listed on without prior notice and accepts no responsibility for the consequences of such change. All decisions shall be at the sole discretion of Dunia. iii. Applicant is the father/mother/legal guardian of the student in whose name the Scholarship is being applied for; iv. Candidate is the student being considered for the grant of the Scholarship; v. The Candidate should be a student enrolled in a nursery, school or university; vi. There is no restriction to the number of applications per family. Families with more than one (1) eligible Candidate may submit separate applications for each Candidate. Documentation, as specified below must be submitted for each Application separately; vii. Filling this Application form does not guarantee a grant of the Scholarship. The Applicant and/or the Candidate may be requested for additional documentation and the Candidate will go through a selection process as specified below to be eligible for the scholarship; viii. All correspondence during the application process will be sent to the permanent mailing address or to the Applicant s id provided by the Applicant on the application form. Applicants must provide the correct address/ id and inform Dunia of any subsequent changes in name or address details by submitting the information via to ix. A Scholarship granted to a Candidate is not transferable; x. The Candidate must provide evidence of admission into the school/university as well as proof of payment of tuition fees, if already paid; xi. An Application will be considered complete only upon receipt of all the required information duly filled submitted along with the supporting documents set out in section C hereto by the Closing Date; xii. Dunia is not responsible for the inability of the Candidate to pursue the education programme due to cancelled programs, cancelled flights or any other reason whatsoever; xiii. xiv. The Applicant must be credit worthy and Dunia shall determine the same at its discretion; The Applicant must consent to (i) credit bureau(s) including but not limited to Al Etihad Credit Bureau Company (the Credit Bureau ) disclosing any and all information relating to the Applicant/Candidate including but not limited to personal information, financial data and credit information (the Information ), to Dunia in relation to the Scholarship application and on an on-going basis and to (ii) Dunia accessing any Credit Bureau s database to carry out credit checks and to obtain Information; Further, the Applicant must agree and understand that the Information is released without any liability or responsibility on the part of dunia and that the Information provided by dunia to any Credit Bureau will be made available by that Credit Bureau to its members. B. ELIGIBLE APPLICANTS/CANDIDATES Eligible Applicants means all UAE residents who have returned a completed Application to Dunia by the Closing Date (defined hereinafter): The following individuals are eligible Candidates for the Scholarship: i. Students who are currently enrolled as full time students of a school - nursery, KG 1 Grade 12) in the UAE; ii. Students who are currently enrolled as full time students of a university (Bachelor s, Masters degree or PhD) in the UAE or elsewhere; Note: The Candidate must be a full time student in a school or university by the time he/she would receive the scholarship. iii. The Candidate must demonstrate the attainment of strong academic grades in his/her current school/university; iv. The Candidate must have achieved awards and honours in the field of his/her interest as a part of the extra- curricular program; C. DOCUMENTATION The following documents shall be provided by the Applicant, the Applicant s spouse as well as the Candidate: i. Copy of the passport (with six (6) months validity); or ii. Copy of Emirates ID; iii. Copy of the Khulasat Khaid (for UAE Nationals); iv. Copy of the valid residence visas (for expatriates); In addition to the above, the Candidate shall provide the following documents upon request: i. Copy of the last 3 years school/university report/mark sheet (if applicable); ii. Copies of any awards/honours bestowed on the Candidate. Note: Dunia may at its discretion request for original documents to be furnished in order to verify the particulars. All originals documents shall be returned to the Applicant upon verification. Dunia may also request for any additional documentation prior to granting the Scholarship. D. PROCESS i. Application submissions for the academic year are open. Candidates may refer to the closing date ( Closing Date ) for applications on the website; ii. The Applicant should register his/her interest for the Scholarship by completing the online application form available on within the Closing Date and ing to Page 9 of 10

10 iii. Applications received after the Closing Date will not be considered. We recommend submission of applications as early as possible, preferably well before the Closing Date; iv. Applications will be reviewed against the eligibility criteria by Dunia; v. Incomplete Applications will be rejected. Please refer to clause A(xi) above; vi. Successful Candidates may be invited for a panel interview conducted by Dunia and may be required to qualify Dunia s assessment tests; vii. The decision on selection of Candidates for the interview will be made by Dunia. Dunia reserves the right to accept/reject an Application at its discretion. Dunia is not obliged to provide any explanation regarding the selection; viii. Candidates will not be reimbursed for any expenses incurred in travelling to attend the interview; ix. Due to high volumes of applications received, it is not possible to give feedback on individual applications. Only the selected Candidates will be informed and will receive a Scholarship Offer Letter; x. The Scholarship offer letter will guide the Applicant on how to accept or reject the scholarship. If the Applicant does not respond to the Scholarship offer by the date outlined therein, the Scholarship will be rescinded. E. GRANT AMOUNT i. The Scholarship covers only the tuition fee for the duration of the course up to a maximum of AED 20,000 (United Arab Emirates Twenty Thousand Dirhams Only) and excludes any other out of pocket expenses including but not limited to insurance, the costs of books, travel to and from the Candidate s country of residence to the school/university, accommodation, personal living allowance and costs of entry clearance (visas); ii. Dunia at its sole discretion will establish the amount of the eligible tuition fee for establishing the grant value; iii. The grantee of the Scholarship shall be presented with a Letter of Achievement upon being granted the Scholarship. F. DISBURSAL OF FUNDS i. At the option of the Applicant, the Scholarship amount may be paid by Dunia in advance for each term directly to: the Applicant; or to the school/university. ii. iii. upon the Applicant furnishing the requisite details regarding the amount, bank account details or evidence of payment in the form of receipts; The scholarship funds will be made available via funds transfer; It is the Applicant s responsibility to provide the necessary payment information (valid mailing address, bank information). Dunia is not responsible for scholarship funds that are lost or stolen once the Applicant/Candidate has accepted the grant offer. G. PRIVACY i. Dunia agrees to respect the privacy of the Applicant/Candidate s personal information; ii. All information provided by the Applicant including the name and photograph of the Candidate, will become the property of Dunia and may be used by Dunia for the purposes of data collection/statistical analysis or marketing related activities such as inclusion in any Dunia advertisement whether audio and/or visual for its products and offers and events related thereto. Dunia may approach the Applicant/Candidate with such offers of financial products provided by Dunia; iii. Other purposes of information collection include handling administrative matters relating to the Applicant s application, administration to the program, corresponding with the Applicant/Candidate and compliance with legislative reporting requirements; iv. The information may also be disclosed to contracted service providers that Dunia uses to perform services on its behalf; v. The Applicant and the Candidate also agree to authorise Dunia to share the fact that the Candidate is a recipient of the Scholarship in the public domain. H. MISCELLANEOUS i. Scholarships are limited and the selection of candidates for this Scholarship would be at the sole discretion of Dunia Finance LLC (Dunia). Dunia is not obliged to provide an explanation regarding any decision on grantees of the Scholarship; ii. Dunia reserves the right to determine the amount of the scholarship and may grant 100% or less of the tuition fees at its sole discretion; iii. Dunia is not obliged to grant any Scholarship if the Candidates do not meet eligible selection criteria. iv. Grantees are only allowed to receive the scholarship once; v. The Applicant must keep Dunia informed of: any change in address/ id of the Applicant/Candidate; any legal action (civil or criminal), actual or threatened that the Applicant/Candidate is involved in; any injury or illness suffered by the Candidate resulting in the inability to continue with the education for which the Scholarship is granted. I. GROUNDS FOR TERMINATION i. Dunia reserves the right to revoke the Scholarship in the event that the recipient does not pursue the education programme for which the Scholarship was granted; ii. All grantees are expected to follow standards of conduct while representing Dunia as a Scholarship recipient. Failure to do so may result in the revocation of the Scholarship; iii. iv. Termination of the education programme may result in the Candidate repaying the full Scholarship grant to Dunia; Dunia may at its sole discretion revoke the scholarship if the recipient does not adhere to any of the terms and conditions set out hereinabove. Upon revocation of the Scholarship, the amount of the Grant shall be converted into a personal loan in the name of the Applicant, at the sole discretion of Dunia and subject to the Dunia Terms and Conditions, which are available on Dunia s website at Page 10 of 10

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