At Regenesys we believe in awakening potential and with this endeavour we intend to provide financial aid to aspiring students who find it difficult to accumulate funds to pursue their dream of an International career in management,” said Marko Saravanja, Chairperson, Regenesys Group at the announcement of the scheme.
While talking to media persons here on Wednesday, he said that in today’s competitive world it pays to have a degree from a premier international institute that is recognized the world over. While it is lucrative for students to exercise an option to study abroad and attain a valuable qualification, it is also an expensive proposition for some.
The institute will grant concessions to the student on the basis of the tenure chosen by the student to pay the fees thereby enabling them to avail a higher discount for a lesser tenure. Flexibility of the tenure is granted, after analysing the socio-economic background of the student. Student can avail the scheme by taking the R-MAT (Regenesys Management Aptitude Test) on www.regenesys.in. The test is available online up to Mach 31, 2016.
The ‘Design Your Own Payment Plan’ programme is not a student loan. Rather, the program is a contractual agreement whereby students agree to make monthly payments on agreed terms and conditions.
Elaborating on the scheme, Dr. Richa Arora, Country Head, Regenesys India said, “‘Design Your Own Payment Plan’ is one-of-a-kind program that allows students to organise affordable payment plans that can be extended many years after they graduate. It is not a loan extended to the student and he/she can avail the scheme on pure merit.