Individuals or batch mates together can contribute funds as a onetime assistance amount.
The minimum quantum for giving/donating one time assistance shall be INR 50,000/-
Purpose of funding: can be for economic assistance, guest lectures/student events or any such, but subject to approval of sponsorship and awards committee.
Disbursement: can be divided for each type of assistance, and also spread over a few years or can be divided for each type for a single year or for a single type for a single year. If split, the amount for each assistance or category cannot be less than 10000/-
Receipt can be given in joint names but in case 80G is availed can be given only on a single name/individual/entity.
Contribution name: The name for the award can be selected as per the contributors choice (either on an individual name or batch)