To ensure the sustainability of Heritage education, the Trust has formulated a Stipend Scheme for the teachers and parents of the students. The scheme is based on the students’ strength and timely completion of studies and will ensure reduction in students’ drop out. It takes about 6 years for completion of the first level of Vedic education by a student. The stipend scheme financially supports them every month and envisages monitoring of their progress every two years.
Under the scheme for payment of stipends to the students of Heritage education, the beneficiaries are motivated to preserve and propagate the education with enthusiasm. The payment of stipend will be done to the teachers running the “Gurukulam” and to the poor/deserving parents of the students till the completion of the course. Continuation of stipend depends on the student passing out the periodical examination conducted by the Trust thus assuring quality education. Students are methodically exposed to social requirements through Knowledge Development Programmes of the Trust over their curriculum period. The scheme proposes payment of monthly stipend to students pursuing higher education too. Besides monthly payments, the scheme provides for a lumpsum payment to students on completion of their course.
As per the scheme proposed, it requires a corpus of Rs. 6,00,000/- per student to support his education over a period of 6 years. This corpus will serve perpetually to support the new entrant into the scheme.
The Trust activities on educational support are covered under two items of the CSR Notification to Schedule VII of the Companies Act, 2013. They are as follows:
Item (ii) “Promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly, and the differently-abled and livelihood enhancement projects;” And Item (v) Protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of art; setting up public libraries; promotion and development of traditional art and handicrafts:
