RESONANT CASH FLOW is designed by a group of professionals in various fields of endeavors. The team promotes the secret of healthy living, self employment, and teaches you the mechanism of becoming a world class business owner. Through multi-level marketing process resonant cash flow provides you the guaranteed residual income to start and build the business of your choices. At least with $40, 950(Forty Thousand Nine Hundred and Fifty Dollars) you can do a good business.
We are proud to offer our members the opportunity to become entrepreneurs, leave in good health, make a good career, and invest wisely to achieve their dreams.
We provide you free professional consultations and counseling in various areas. We provide you with over 150 business opportunities to choose from, 100 various products for healthy living, and over 1,000 eBooks some are free authored by great men and women with proving track records of success in Business, Healthcare, Entrepreneurship, Leadership, Career Choice and Investments. Any of these eBooks can be sent to you on request as a member via your email or download it from our website. The Team’s Major Areas of Free Professional Consultation and Counseling Include; Business (Entrepreneurship);
Once you send us the Kind of business you want to do as a member, the following will be sent to you. A. Understanding business. B. How to generate business ideals. C. How to raise capital to start and grow you business. D. Why many businesses fail and how you can avoid it. E. Ways how you can start and grow your business successfully. F. Proper accounting and book keeping. G. Modern sales and marketing process. H. Good customer service that counts. I. How to do feasibility study and write you own business plan. J. Understanding true success in business. Health care and wellness; Once you send us your health challenge or test report as a member, method of diagnosis, symptoms, causes, treatments, and preventions will be sent to you by our health care consultant or expert. Or logon to www.resonanthealthcare.com for appointment with a Doctor. Investment; Once you send us the kind of investment you want to do, our experts will sent to you, A. profit margin, b. risk level, C. caution point D. entry point, E. exit point, F. best alternatives.
Network Marketing; Tell us about your network or the one you are in now, our experts will help you analyze how potentially you can benefit from the network, when to expect profit from it. Career Choice; many has failed because of choosing wrong careers, tell us, what you want to study, or studying, or studied and our expert will counsel you how you can make best use of it and the available opportunities around you, you can take advantage off. To consult our team of experts for counseling you can use our CONSULTATION PAGE or email address on that page, or use our skype - (resonantcashflow), it is absolutely free. If you want to talk with any of our experts on any issue, you can send us you phone number. The network works in automated system that can not be manipulated, with your one time registration fee of $13 (thirteen dollars), you are activated in to the network.
We provide you free professional consultations and counseling in various areas. We provide you with over 150 business opportunities to choose from, 100 various products for healthy living, and over 1,000 eBooks some are free authored by great men and women with proving track records of success in Business, Healthcare, Entrepreneurship, Leadership, Career Choice and Investments. Any of these eBooks can be sent to you on request as a member via your email or download it from our website. The Team’s Major Areas of Free Professional Consultation and Counseling Include; Business (Entrepreneurship);
Once you send us the Kind of business you want to do as a member, the following will be sent to you. A. Understanding business. B. How to generate business ideals. C. How to raise capital to start and grow you business. D. Why many businesses fail and how you can avoid it. E. Ways how you can start and grow your business successfully. F. Proper accounting and book keeping. G. Modern sales and marketing process. H. Good customer service that counts. I. How to do feasibility study and write you own business plan. J. Understanding true success in business. Health care and wellness; Once you send us your health challenge or test report as a member, method of diagnosis, symptoms, causes, treatments, and preventions will be sent to you by our health care consultant or expert. Or logon to www.resonanthealthcare.com for appointment with a Doctor. Investment; Once you send us the kind of investment you want to do, our experts will sent to you, A. profit margin, b. risk level, C. caution point D. entry point, E. exit point, F. best alternatives.
Network Marketing; Tell us about your network or the one you are in now, our experts will help you analyze how potentially you can benefit from the network, when to expect profit from it. Career Choice; many has failed because of choosing wrong careers, tell us, what you want to study, or studying, or studied and our expert will counsel you how you can make best use of it and the available opportunities around you, you can take advantage off. To consult our team of experts for counseling you can use our CONSULTATION PAGE or email address on that page, or use our skype - (resonantcashflow), it is absolutely free. If you want to talk with any of our experts on any issue, you can send us you phone number. The network works in automated system that can not be manipulated, with your one time registration fee of $13 (thirteen dollars), you are activated in to the network.
RESONANT CASH FLOW NETWORK OPERATION SYSTEM.
The network system operates in forced matrix form, through 3 matrix mechanisms.
First matrix is in level 1 - 4
Second matrix is in level 1 - 4
Third matrix is in level 1 - 4. Every member moves from one matrix to another after the completion of their level 4. Once level 1 is completed in 1st matrix, you move to level 2 in the matrix. That is how it continues until it gets to the 4th level of 3rd matrix, when level 4 is been completed in the 3rd matrix, the system automatically re-enter into the network at level 1 in the 1st matrix without any additional payment. It is a life time residual income generating network. Work once and earn forever.
Your total payout from 1st matrix level 1 to 3rd matrix level 4 will be $40, 950 (Forty Thousand nine Hundred Fifty Dollars).
The network acceptable payment systems are BANK WIRE/TRANSFER, BANK DEPOSIT, EWALLET, PAYPAL, PAYZA, and EGOPAY. You can chose from any of the payment systems you are familiar with, in Africa countries local currencies can be accepted through Bank deposit. You can contact our support team for more details.
RESONANT CASH FLOW INSURANCE SCHEME
RESONANT CASH FLOW insurance scheme is a practical step to a great saving culture that helps her member to take hold of the future. It is a system that is supported and powered by various insurance organizations in different countries. The insurance scheme helps you to save towards the future in case of any emergency. It is not mandatory for members; you can choose any of the insurance schemes that best suits you, if you are interested.
The insurance scheme runs in four (4) different ways towards achieving a better life for the member/client, such as:
1. SAVE AND EARN; Save and earn is a system for the elderly (50 years and above) it allows you to save between 30 – 40% of your total commissions from the network. It is for elderly members that has reached level 1 of the 2nd matrix (GOLDEN CONSULTANT) then at level 3 of the 3rd matrix (DIRECTOR) you earn 150% of your total savings and you start earning 10% of you total savings monthly for live.
2. SAVE AND STUDY; Save and study is a system that is design for those intending to study further in any field of endeavours, parents/guidance can also do this for their children. It allows you to save between 30 – 40% of your total commissions from the network. It is for members that has reached level 1 of the 2nd matrix (GOLDEN CONSULTANT) then at level 3 of the 3rd matrix (DIRECTOR) you earn 200% of you total savings or you get scholarship direct to any institution of your choice.
3. SAVE AND LIVE; Save and live is a system that provides you the opportunity of have a healthy and quality health care at else. It allows you to save between 30 – 40% of your total commissions from the network. It is for any member that has reached level 1 of the 2nd matrix (GOLDEN CONSULTANT) then at level 3 of the 3rd matrix (DIRECTOR) you earn 200% of you total savings or you and any three of your family members can choose any hospital of your choice any where in the world for medical treatment and check up for live.
4. SAVE AND BUILD; Save and build is a wonderful system that allows you to own 3 bedroom bungalow building at any place of your choice. It allows you to save between 30 – 40% of your total commissions from the network. It is for members that has reached level 1 of the 2nd matrix (GOLDEN CONSULTANT) then at level 3 of the 3rd matrix (DIRECTOR) you earn 200% of you total savings or 3 bedroom bungalow building will be built for you at any place of your choice in less than three (3) months.
NOTE; All RESONANT CASH FLOW insurance scheme starts from level 1 of the 2nd matrix and ends at level 3 of the 3rd matrix. Terms and conditions apply.
EASY LOAN EMPOWERMENT NETWORK
Getting loan for new business startup and growth has being the greatest challenge new and old entrepreneurs are passing through. This is due to the factors surrounding loan grants and the bottle-neck the loan institutions have placed on loan facilities and instruments.
Banks are facing challenges and the bitter pill of bad debt. Customers take loans and don't pay back as at when due, and new and old entrepreneurs need loan facilities to succeed in the running of their businesses. To get a good loan facility one must undergo rigorous scrutiny to ascertain if the costumer will be able to pay back the loan. In most cases the process becomes strenuous for the costumer. The loan seeker must get a guarantor and collateral to secure a loan. In some cases you pay procession charges, and a heavy interest rate, at the end you discover that you cannot even do any reasonable thing with the loan. You are forced to pay back such loan in a very short time, by this so many end up in debt not achieving the purpose for the loan.
On this ground, the management of RESONANT CASHFLOW came up with a system that guarantee members easy access to loan facilities with the lowest interest rate with a long term payback plan which puts them under less pressure while they run their business.
EASY LOAN EMPOWERMENT NETWORK is a subsidiary of RESONANT CASHFLOW, a multinational organization ready to help members achieve financial freedom. It is a network that is set to empower members by giving them loans at various stages/levels in the network chat. The loans are given in (5 levels) level 4, level 6, level 8, level 10, and level 12.
These loans are granted without any guarantor or collateral, once at level 4 you automatically qualify for the loan. To also know when you qualify you can log-on into your back office/member area for the top right side of our website with the log-in details sent to your email during registration, and click of genealogy to see your position in the network.
The loans are payable within 12 months with 9.2% interest rate only per annum, or 0.77% monthly (for instance if you are granted $500 (five hundred dollars) loan, you are to pay back $45.5 monthly which also includes interest for the company). The payments are made directly into the company’s account with details and teller or receipt photocopies sent to your leader.
Apart from the loan you also earn great residual income (force matrix bonus) up to $40,950 (forty thousand nine hundred and fifty dollars) from level 1in the first matrix to level 4 in the third matrix. All you need to start is $13 (thirteen dollars) only which is your registration/sign-up fee and your first 4 (four) downlines, this marks your journey to financial freedom.
We also help members start and grow their own business through skill acquisition and mentoring. You can choose any of your choice business from the business catalogue on our website which has over 150 kind of businesses and we will help you with all the startup details. If you are already in business we can be of assistance to improve and enlarge capacity and quick service delivery.
EASY LOAN EMPOWERMENT NETWORK
Getting loan for new business startup and growth has being the greatest challenge new and old entrepreneurs are passing through. This is due to the factors surrounding loan grants and the bottle-neck the loan institutions have placed on loan facilities and instruments.
Banks are facing challenges and the bitter pill of bad debt. Customers take loans and don't pay back as at when due, and new and old entrepreneurs need loan facilities to succeed in the running of their businesses. To get a good loan facility one must undergo rigorous scrutiny to ascertain if the costumer will be able to pay back the loan. In most cases the process becomes strenuous for the costumer. The loan seeker must get a guarantor and collateral to secure a loan. In some cases you pay procession charges, and a heavy interest rate, at the end you discover that you cannot even do any reasonable thing with the loan. You are forced to pay back such loan in a very short time, by this so many end up in debt not achieving the purpose for the loan.
On this ground, the management of RESONANT CASHFLOW came up with a system that guarantee members easy access to loan facilities with the lowest interest rate with a long term payback plan which puts them under less pressure while they run their business.
EASY LOAN EMPOWERMENT NETWORK is a subsidiary of RESONANT CASHFLOW, a multinational organization ready to help members achieve financial freedom. It is a network that is set to empower members by giving them loans at various stages/levels in the network chat. The loans are given in (5 levels) level 4, level 6, level 8, level 10, and level 12.
These loans are granted without any guarantor or collateral, once at level 4 you automatically qualify for the loan. To also know when you qualify you can log-on into your back office/member area for the top right side of our website with the log-in details sent to your email during registration, and click of genealogy to see your position in the network.
The loans are payable within 12 months with 9.2% interest rate only per annum, or 0.77% monthly (for instance if you are granted $500 (five hundred dollars) loan, you are to pay back $45.5 monthly which also includes interest for the company). The payments are made directly into the company’s account with details and teller or receipt photocopies sent to your leader.
Apart from the loan you also earn great residual income (force matrix bonus) up to $40,950 (forty thousand nine hundred and fifty dollars) from level 1in the first matrix to level 4 in the third matrix. All you need to start is $13 (thirteen dollars) only which is your registration/sign-up fee and your first 4 (four) downlines, this marks your journey to financial freedom.
We also help members start and grow their own business through skill acquisition and mentoring. You can choose any of your choice business from the business catalogue on our website which has over 150 kind of businesses and we will help you with all the startup details. If you are already in business we can be of assistance to improve and enlarge capacity and quick service delivery.
Resonant Cashflow Investment Scheme Plan
Welcome to Resonant Investment
Schema where your money works for you. In Resonant Investment Schema three (3)
major principles are been applied to helping our members achieve financial
freedom, namely;
Financial Intelligence or Education: This is the understanding of the inner working of money.
How to make, manage, multiply or invest your money. This is not learnt in
formal institution or school, it is a function of redefined education that
comes by personal development and capacity building.
Financial Planning: It is a systematic and careful analysis of your future
desired financial state and putting in place how to get or make that desire
future a reality. It comprises the strategy, steps of action and structure put
in place to achieve the desired goal or objective. You can’t become a financial
goal getter, until you first become a financial goal setter. It enables you
know how wealthy you are, which investment channel to use, how much to set
aside on a periodic basis, to stay focus and discipline.
Financial Discipline: It is a determining factor in build financial legacy. It is
the ability to hold on to you financial intelligence and financial plan
irrespective of your challenge or challenges on your way. It takes financial
discipline to make it in any area of your chosen career.
Investment offers are a major focus
for our team. Today our offers include strategies and alternative solutions to
suit a range of risk and return objectives covering wide array of asset classes
such as; REAL ESTATE, BINARY OPTION TRADING, CRYPTOCURRENCY TRADING, STOCK
TRADING, PRECIOUS MENTAL TRADING, OIL AND GAS TRADING, GEO EXPLORATION AND
MINING, for clients that range from individuals, family offices and
endowments to high net worth individuals, institutional investors such as
pension funds and other foundations.
We focus mainly on five viable
upcoming and leading CRYPTO CURRENCIES namely;
1. Netcoin; Netcoin is a global cryptocurrency that was
created in September, 2013. Originally based on litecoin’s coin core, it
has since been developed and upgraded to include custom coin code making it
unique from every other crypto.
2.Orbitcoin; Orbitcoin is a digital currency. Orbitcoin was born
from the Internet, bringing the freedom of physical money to the virtual world
while making payments easier and more secure in both worlds. Orbitcoin can
offer an alternative to previous cumbersome and costly systems, and it can
increase online business access to developing countries, as well as helping to
advance open source science.
3. Solarcoin; SolarCoin is the world’s largest
community solar electricity reward program worth over $3 billion USD.
SolarCoin represents 1 MWh of solar electricity generation. As
a verified solar electricity producer you may get SolarCoins for
free. 99% of SolarCoins will be given to producers of 97,500 TWh over
40 yrs.
4. Reddcoin; Reddcoin is an experimental new digital
currency that enables instant payments to anyone, anywhere in the world.
Reddcoin uses peer-to-peer technology to operate with no central authority:
managing transactions and issuing money are carried out collectively by the
network. Reddcoin Core is the name of open source software which enables the
use of this currency.
5. Blackcoin; Blackoin is developed with the goal of leading companies
and investors in global financial market to guide global crypto currency
market. Blackcoin is a global leader in crypto currency market to link
information and technology and finance as one with based on humanism. BlackCoin
is a peer-to-peer digital currency with a distributed, decentralized public
ledger, which unlike those of traditional banks is viewable and easily audited
by anyone.
Our team continually seeks to create
the best superb investments team we can, to do this we are adding to our
capabilities by attracting established talent from outside Resonant
Investment Scheme and are exploiting existing experience and talent within
the firm as well.
Within Resonant Investment Scheme we
have many years of experience, in both research and portfolio management, and
this pattern has resulted in a variety of products including relative-value
fixed income, currency strategies, event-driven, equity long/short hedge funds
and multi-strategy.
As we have broadened our executive
team, we have brought together a lot of investment strategies. We seek to
define a collaborative culture that promotes cross-pollination of new ideas,
while at the same time complementing differences: our investment management
teams work independently but have the benefit of our entity wide global
resources.
While we have unique investment
strategies, our investment partners and members of our team are united by the
same set of values that go to the very core of Resonant Investment Scheme’s
philosophy.
We run three (3) investment packages
of; Classic, Universal and Master packages.
CLASSIC PACKAGE- In this package you invest minimum of $50 (fifty dollars)
to maximum of $1,000 (one thousand dollars) investment capital and it runs for
100 business days, you get 60% ROI, you can withdraw your capital and interest
at the expiration period.
UNIVERSAL PACKAGE- In this package you invest minimum of $1,500 (one thousand
five hundred dollars) to maximum of $5,000 (five thousand dollars) investment
capital and it runs for 100 business days, you get 80% ROI, you can withdraw
your capital and interest at the expiration period.
MASTER PACKAGE- In this package you invest minimum of $5, 500 (five
thousand five hundred dollars) to maximum of $10,000 (ten thousand dollars)
investment capital and it runs for 100 business days, you get 100% ROI, you can
withdraw your capital and interest at the expiration period.
1. Classic Package.
Characteristics:
Minimum
Deposit,$
|
Maximum
Deposit,$
|
Return
on investment,%
|
Investment
Period, business days
|
Principal
Withdrawal:
|
Compounding
|
50
|
1,000
|
60
|
100
|
Yes
|
Yes
|
Description:
Daily percentage is subject to
change according to Trading Report based on company's performance. Investor
receives a portion of profit(share) based on investment amount.
Trading Formula:
(Company's Daily minimum Trading
Result*0.6)*(Your Account Principal/100)
Example for Account Principal equal
to $50 and Company's Daily Trading Result equal to:
($50 principal)*(60 ROI %/100) = $30
Profit + $50 Principal = $80
2. Universal Package.
Characteristics:
Minimum
Deposit,$
|
Maximum
Deposit,$
|
Return
on investment %
|
Investment
Period, business days
|
Principal
Withdrawal:
|
Compounding
|
1,500
|
5,000
|
80
|
100
|
Yes
|
Yes
|
Description:
Daily percentage is subject to change
according to Trading Report based on company's performance. Investor receives a
portion of profit(share) based on investment amount.
Trading Formula:
(Company's Daily minimum Trading
Result*0.8)*(Your Account Principal/100)
Example for Account Principal equal
to $1,500 and Company's Daily Trading Result equal to:
($1,500 principal)*(80 ROI %/100) =
$1,200 Profit + $1,500 Principal = $2,700
3. Master Package.
Characteristics:
Minimum
Deposit,$
|
Maximum
Deposit,$
|
Return
on investment %
|
Investment
Period, business days
|
Principal
Withdrawal:
|
Compounding
|
5,500
|
10,000
|
100
|
100
|
Yes
|
Yes
|
Description:
Daily percentage is subject to
change according to Trading Report based on company's performance. Investor
receives a portion of profit(share) based on investment amount.
Trading Formula:
(Company's Daily minimum Trading
Result*10)*(Your Account Principal/100)
Example for Account Principal equal
to $5,500 and Company's Daily Trading Result equal to:
($5, 500 principal)*(100 ROI %/100)
= $5,500 Profit + $5,500 Principal = $11,000
How
to Start
1. In order to start investing - you
need to first become a member of RESONANT CASHFLOW and sponsor your 4 downlines
using your USERNAME, and then create your investment account with $10 (ten
dollars) registration fee, the is not part of your investment. Simply go to
our main page (www.resonantcashflow.com) and click on "ready to sign
up" on the top right side of the website. It will take you to the
registration page where you will fill out all required fields.
2. Your Next step is to upgrade your
account by making payment through one of the e-currency gateways or banks.
Currently we accept PerfectMoney, Payeer, Egopay, Payza and BitCoin. Direct
Bank deposit or Bank Wire transfers are also available. In order to obtain
funds on one of the e-currency accounts, simply go to e-currency provider
website, whichever suits you: www.perfectmoney.is, www.payeer.com, and register
your account for free. Please see company's options on funding your e-currency
account, or use direct bank deposit or transfer.
3. Once you have deposited your
investment fund you can contact our support team or your leader.
4. Last and most exciting step is to
withdraw your interest. You can either keep it or you are welcome to withdraw
onto your e-currency account by choice. Please note that you can withdraw your
initial investment without any fee only after investment period is over.
5. Enjoy investing. For any
assistance - please contact our support department for immediate attention at
support@resonantcashflow.com. We value your participation with us.
RULES
AND REGULATION OF RESONANT INVESTMENT SCHEMA.
All Resonant Investment Schema members shall abide by the rules and regulations of this
investment schema which begins with completely filling of the form, signing the
agreement and returning or scan it back to the company.
All Resonant Investment Schema, Any Resonant Cash Flow Network members that is interested
to invest shall register with $10 (ten dollars) this is not part of your
investment.
All Resonant Investment Schema shall invest minimum of $50 (fifty Dollars) into the
company’s account, and the money must hit the company’s account before
registration for investment is approved.
All Resonant Investment Schema members shall be entitled to a maximum interest of 60%,
80%, and 100% Return on investment respectively, of their invested funds per
investment expiration, guaranteed by the management regardless of return on
general investment.
All Resonant Investment Schema members must leave their investment for the number of days
attached to rate of return before any money can be collected or retrieved.
Any Resonant Investment Schema member terminating their investment before the expiration
of the period entered on the form shall suffer a default charges of 50% plus
10% processing and administration fees.
All payment of refund will be in cheques or bank transfer and all members are
expected to have bank account, in other to facilitate the fund transfer.
All Resonant Investment Schema members stand to enjoy compounding interest after the first
days of their investment.
The fund managers have the sole authority to determine where and what the
fund should be invested into without any interference from any Resonant
Investment Schema member.
All Resonant Investment Schema members can increase their investment after 100 days in the
schema, but you must do your re-commitment, or else you will pay a penalty of
forfeiting the (60%, 80% or 100%) of your return on investment.
All Resonant Investment Schema members must re-commitment 50% of their initial invested
capital at the expiration of their investment before withdrawal to keep the
investment platform running. This is automatically done by the system.
All payment shall be made directly
into RESONANT INVESTMENT NETWORK LTD online e-currency account or bank
account, using the name of the client or member in full as depositor’s name
including your Resonant Investment Schema number or username.
NOTE: This investment schema is open to both individuals and
cooperate organizations. For more information you can contact our expert team,
using our contact us page or email.
Resonant Cashflow Scholarship Scheme
Every year 200 scholarships will be
distributed among the students who are members of RESONANT CASHFLOW NETWORK
throughout the country. This will be based on the student academic performance
and effort in the network.
Conditions for Scholarship
i) Financial assistance will be
given to pursue degree and/or post graduate level technical and professional
courses from a recognized institution. Maintenance allowance will
be credited to the student’s account. The course fee will be paid by the
company directly to the institute concerned.
ii) Students who get admission to a
college/university to pursue technical/professional courses, on the basis of a
competitive examination will be eligible for the scholarship.
iii) Students who get admission
in technical/professional courses without facing any competitive
examination will also be eligible for scholarship. However, such students
should have not less than 50% marks at higher secondary/graduation level.
Selection of these students will be done strictly on merit basis.
iv) Continuation of the scholarship
in subsequent years will depend on successful completion of the course during
the preceding year.
v) A scholarship holder under this
scheme will not avail any other scholarship/stipend for pursuing the course.
vi) The beneficiary/parent or guardian of beneficiary shall be fully aware of the process before the fund is disbursed.
vi) The beneficiary/parent or guardian of beneficiary shall be fully aware of the process before the fund is disbursed.
vii) The company/network will
advertise the scheme every year and receive the application through the
concerned institutions.
viii) After scrutinizing the
applications, the company/network will prepare a consolidated budget for all
eligible students and send an application in the prescribed pro-forma for
release of fund from the company for distribution of scholarship giving the
details of each students viz. name, permanent address, telephone number, annual
course fee, name & address of institute, whether hostler or day-scholar,
etc.
ix) The application for release of
fund from the company must be received through the scholarship scheme
department every year.
x) The company will maintain
separate bank account and records relating to the funds disbursed by the
scholarship department and they will be subjected to inspection company internal
and external auditors or any other agency designated by the Company.
xi) The fund for distribution of
scholarship in subsequent year will be released after receiving the utilization
records for the previous year. Annual inspection by the auditors of the
or any other agencies designated by the Ministry will also be carried out.
xii) A student residing in a
particular country will be entitled for scholarship under the quota of that
country only irrespective of his place of study.
xv) The number of scholarship has
been fixed on the basis of high performance gets the majority. Within the
country allocations, the applications from reputed institutions will be
exhausted first. The list of such institutions will be made available by
the scholarship department.
xvi) The scheme will be evaluated at
regular intervals and the cost of the evaluation will be borne by the
scholarship department under the provision of the company. An additional
provision of 3% of the total budget will be made to meet the administrative and
allied costs viz. expenditure on monitoring of the scheme, impact study,
evaluation study, purchase of office equipments, engaging of contract
employees, if necessary and other expenditure to run the unit etc.
Rate of Scholarship
The rate of scholarship will be as
under:
Sl.No. |
Type of Financial Assistance
|
Rate for hostler
|
Rate for Day Scholar
|
1.
|
Maintenance Allowance (For 12
months only)
|
$1,000 per annum
|
$500 per annum.
|
2.
|
Course Fee*
|
$2,000 per annum
|
$1,000 per annum
|
Total
|
$3,000
|
$1,500
|
* Full course fee will be reimbursed
for eligible institutions listed.
Payment
i) Maintenance allowance is
payable from the month of admission, whichever is later, to the month in which
the examinations are completed, (including maintenance allowance during
holidays) yearly, provided that if the scholar secures admission, the amount
will be paid from the month following the month of admission.
ii) In case of renewal of
scholarships awarded in the previous years, maintenance allowance will be paid
from the month following the month up to which scholarship was paid in the
previous year, if the course of study is continuous.
iii) Scholarship will not be paid
for the period of internship/housemanship in the M.B.B.S. course or for a
practical training in other course if the student is in receipt of some
remuneration during the internship period or some allowance/stipend during the
practical training in other course.
Other Conditions for the Award
i)The scholarship is dependent on
the satisfactory progress and conduct of the scholar. If it is reported
by the Head of the Institution at any time that a scholar has by reasons of
his/her own act of default failed to make satisfactory progress or has been
guilty of misconduct such as resorting to or participating in strikes,
irregularity in attendance without the permission of the authorities concerned
etc., the authority sanctioning the scholarship may either cancel the
scholarship or stop or withhold further payment for such period as it may think
fit.
ii) If a student is found to have
obtained a scholarship by false statement, his/her scholarship will be
cancelled forthwith and the amount of the scholarship paid will be recovered,
at the discretion of the concerned State Government. The student concerned
will be blacklisted and debarred for scholarship in any scheme forever.
iii) A scholarship awarded may be cancelled if the scholar changes the subject of the course of study for which the scholarship was originally awarded or changes the Institution of study, without prior approval of the scholarship department. The Head of the Institution shall report such cases to them and stop payment of the scholarship money. The amount already paid may also be recovered at the discretion of the company.
iv) A scholar is liable to refund the scholarship amount at the discretion of the company, if during the course of the year, the studies for which the scholarship has been awarded, is discontinued by him/her.
v) The regulations can be changed at anytime at the discretion of the scholarship department and the company.
Procedure for Applying
i) An application for scholarship should comprise:
(a) One copy of the application for
scholarship in the prescribed form (separate application forms prescribed
for fresh and renewal of scholarship by the concerned scholar).
(b) One copy of the passport size photograph with signatures of the student thereon (for fresh scholarship).
(c) One attested copy of certificates, diploma, degree etc. in respect of all examinations passed.
(d) An income declaration from the scholar in the network showing that he/she is an active member of the network, stating income history from the network. Employed scholars are required to obtain letter of introduction and permission from their employer in the employer’s letter heading paper and for any additional information from other sources.
(e) Proof of permanent residence.
i) A receipt in acknowledgement of
the scholarship in the previous year on the form attached to the application duly
counter-signed by the Head of the Institution concerned, if the application was
in receipt of a scholarship under this scheme in the preceding year.
ii) The scholarship department should satisfy itself that the student belongs to network and he/she is performing very well.
iii) Application completed in all respects shall be submitted to the Head of the Institution, being attended or last attended by the candidates and shall be addressed to our scholarship department/comapny to which the student belongs, in accordance with the instructions issued by them from time to time.
Funding Pattern of the Scheme
Resonant Scholarship Scheme will be
implemented by the Scholarship Department and the Company, which receive 100%
central assistance from the Network for the total expenditure under the scheme.
Eligibility criteria
- Students, who have sign up into the network and also sign up 4 downlines with their username, and have gotten admission in a recognized college/university to pursue technical/professional courses, on the basis of a competitive examination.
- Students, who have got admission in a recognized college/university to pursue technical/professional courses, without facing any competitive examination, will also be eligible for scholarship. However, such students should have not less than 50% marks at higher secondary/graduation level. Selection of these students will be done strictly of merit.
- A scholarship holder under this scheme will not avail any other scholarship/stipend for pursuing the course.
- A student residing in a country where the network is fully operational will be entitled for scholarship under the quota of that leadership irrespective of his place of study. The student must be an active member of the network.
How
to apply
Applications in the prescribed
format may be submitted to the scholarship department of the company and
network, through the institutions where the students are pursuing
technical/professional courses. The student must first submit their
applications to the Leader of the network in the area, where he/she belongs to
and not to the institution where he/she is studying.
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