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DMET · MERIAlumni, home page

DMET Class of 1986 Grant

Started in 2024. Two awards every year.
Award
2 × ₹50,000 a year
Sponsor
DMET Class of 1986
Set up
2024
Paid by
The MERI Alumni Trust, to the college fee account

The corpus

Figures as on 4 Oct 2025. Every gift, every interest credit and every award paid, from the Trust’s ledger.

Corpus, as on 4 Oct 2025

₹14,88,053

From the Trust’s ledger. Includes the figures brought forward from the old website on 4 Oct 2025.

How the Class of 1986 corpus adds up
Donations₹15,07,279
Interest earned₹80,774
Scholarships paidminus ₹1,00,000
Balance₹14,88,053

Does the fund sustain the award?

Not yet: 74%.

Fund, as on 4 Oct 2025

₹14,88,053of ₹20,00,000

Sustaining corpus ₹20,00,000 · 74% reached

₹14.9 lakh of ₹20 lakh: 74% of the way to sustaining its 2 scholarships. ₹5.12 lakh more and the fund sustains both awards every year.

The Trust’s rule: a fund of ₹10 lakh sustains one ₹50,000 scholarship a year. That is 20 times the award. At the assumed 7% a year, this fund earns about ₹1,04,164.

The 7% rate is the Trust’s assumption for the interest estimate, not a promise. Real interest depends on bank deposit rates.

Year by year

Since the new ledger started on 4 Oct 2025.

No gift, interest or award has reached the ledger of this grant since the figures were brought forward from the old website. New entries will show here, year by year.

Awardees

4 cadets named here, in 2 years.
See them on the awardees page
  • 2025Anukarsh Maurya
  • 2025Mohd. Emaad Khan
  • 2024Ayan Dandapat
  • 2024Rakesh Suman

Donors

No gifts made on this site have reached the bank yet.

Donors appear here when the treasurer matches their gift with the bank statement. Earlier donors are in the figures brought forward from the old website.