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Doley – Madan – Sanjeev – Vijay – Guzz – Ayon Memorial Grant

Set up by the Class of 1994 (batch of 1990–94) in memory of six late batchmates. First awarded in 2017.
Award
₹50,000 a year
Sponsor
DMET Class of 1994
In memory of
six late batchmates of the Class of 1994
First awarded
2017
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

₹11,28,991

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

How the Class of 1994 Memorial corpus adds up
Donations₹10,99,048
Interest earned₹4,29,943
Scholarships paidminus ₹4,00,000
Balance₹11,28,991

Does the fund sustain the award?

Yes.

Fund, as on 4 Oct 2025

₹11,28,991of ₹10,00,000

Sustaining corpus ₹10,00,000 · 113% reached

Sustains 1 scholarship. ₹1.29 lakh toward the second.

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 ₹79,029.

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

10 cadets named here, in 9 years.
See them on the awardees page
  • 2025Yash Tiwari
  • 2024Rohan Kumar
  • 2023Yash Raj Singh
  • 2022Shubham Awasthi
  • 2021Rajana Murali Krishna
  • 2020Summy kumar
  • 2019Satyam Diwakar
  • 2018Abhishek Kumar Patel
  • 2018Ansh Raj
  • 2017Ankit Kumar

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.