BITS Pilani alumnus donates record USD 4 million to endowment fund for scholarships

BITS Pilani has received a record USD 4 million donation from US-based alumnus Chand P Garg and his wife Manju Garg, marking the highest individual contribution ever made to the institution by an alumnus. This donation helps the institute’s endowment fund cross the USD 34 million mark, bringing it closer to its USD 100 million target.

“This donation will help 16 eligible students each year, particularly girls from economically weaker backgrounds, to continue and complete their education at BITS Pilani ,” according to the BITS statement.

“BITS Pilani has established a USD 100 million endowment fund, the first of its kind among non-governmental higher education institutions in India. As part of the institution's plan to become a globally ranked university, this fund aims to strengthen faculty excellence, research, student scholarships, and global engagement,” the statement added.

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BITS Pilani endowment fund

Chand Garg, a mechanical engineering graduate from the 1968 batch, said his education at BITS Pilani laid the foundation for his professional success.

“BITS Pilani was the starting point of my journey. The purpose of this donation is to provide the same opportunities that shaped my life to deserving and needy students,” Garg added.

“This donation reflects a spirit of gratitude and giving back to society, and it will help talented students pursue their education at BITS Pilani regardless of financial constraints,” the BITS VC, V Ramgopal Rao , said.

“This contribution highlights the strong bond between BITS Pilani and its alumni, and sets a new benchmark for alumni philanthropy in Indian higher education,” the BITS director, Sudhirkumar Barai, said.