The University Grants Commission (UGC) has selected four Jesuit colleges -- Loyola College, Chennai; St. Joseph's College, Bangalore; St Xavier's College, Kolkata; and St. Xavier's College, Mumbai, to confer upon the prestigious award of “College Of Excellence”. The award accrues a grant of Rs. 2 Crore to be spent over 5 years for specific academic purposes.
The Commission started bestowing colleges the Potential for Excellence award about a decade ago. Till date, two hundred of the 30,000 colleges in India have been selected for this award, which is meant to offer generous funding for infrastructure and educational improvement.
Some months back the UGC announced its sequel -- the “College of Excellence (CE)” award.
The principal of St Xavier's –Mumbai, Fr Frazer Mascaren said that the UGC expert committee appreciated the progress made by the college during the period of the CPE status. To determine the college’s acceptability for the award, the UGC acknowledged the changed research profile of the collge during the last three years, with many international and national publications, an international patent, eight major and 11 minor research projects and 4 consultancy projects with industry, added Fr Mascaren.