Mangaluru: In a ceremonial Prize Distribution at St Aloysius College, over 60 students received prizes worth Rupees Seven Lakhs. The first batch of nine students, who are currently in their first year of graduation, were beneficiaries of the M V Nair & E S Venkat Scholarship awarded during the 143rd College Day held on 29 April 2023.
Rupees four lakhs, in total, was given as prize money exclusively to the nine students; Khushi Rai and Arjun Venugopal topped the list with Rupees fifty thousand each. The scholarship amount, in most cases, has covered the annual college fees of the students.
These scholarships, established at St Aloysius College, are exclusively for the children of police personnel who have performed well in their Second PU Board exams. Khushi Rai scored 98.6% in the 2022 Board Exams.
The Scholarship fund was created by the donors Sri M V Nair & Sri E S Venkat in March 2022, by setting aside Rupees One crore as an endowment fund. The fund was officially launched on 27 May 2022 by the ADGP Sri Alok Kumar IPS in the presence of the donor and other important police officials. One of the donors Sri M V Nair is an alumnus of St Aloysius College and graduated in 1971; his father had served in the police department of Mangalore and retired as a Head Constable.