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A student from my college has been selected in IIM Jammu for an MBA program. He can't afford the fee. What are his options?
There are various options available for students who get selected in top Indian institutions like IITs and IIMs. IIMs offer scholarships, cash prizes during competitions, and other financial benefits to the students. I can tell you about the student loan that I secured from the bank to complete my education at IIM Indore.
Banks willingly provide education loans at low-interest rates to meritorious students of IIMs because of the credibility of IIMs and the good earning prospect of the students. There are a few requirements for securing the loan-
- The student must produce their original passport before the bank to prove their Indian citizenship. This is because banks, and particularly public sector banks do not fund the education of foreign students.
- The banks also check the Cibil score of all loan applicants. This needs to be a minimum of 700 if not 750 or more.
- Other than the applicant, there must be a co-applicant. The co-applicant must be in service or must run a business. They must earn a minimum specified amount acceptable to the bank.
For other options like scholarships and financial assistance, the student should consider contacting the IIM Jammu office and explaining his situation. Even philanthropic institutions can be of help to him.
Does SHUATS give scholarships for OBC BSc agriculture students?
Yes, SHUATS provides scholarships for OBC students pursuing B.Sc Agriculture. However, you will need to be from UP, to avail of the scholarships. Your family income also needs to be less than two to three lakhs. U.P Govt. also offers scholarships to eligible students. Other than that, the university offers fee concessions. But to get it, you will need to have connections.
Are there any scholarships for ABES Engineering College?
ABES Engineering College, Ghaziabad was ranked 201 by NIRF in the year 2019. ABES college Ghaziabad is AICTE and UGC approved. The college is ranked B grade by NAAC.
The college does provide scholarships to its students. Scholarships provided for different courses are different. More information about the college and scholarship criteria is given below.
BTech Scholarships:
For B Tech 1st year students, scholarships provided by the college are as follows.
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Candidates with PCM and have received 96%-100% marks in Class 12th will get a 50% scholarship on tuition fees.
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91%-95% marks in 12th will get 35% scholarship on fees.
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86%-90% marks in Class 12th will get a 25% scholarship on tuition fees.
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80%-85% marks in Class 12th will get a 15% scholarship on tuition fees.
MTech Scholarship:
The institute provides financial assistance of INR 7,000/- per month in the first year and INR 8,000/- in the second year to the MTech students. In each year the financial assistance is applicable for 8 months.
MCA Scholarship:
The institute offers several scholarships to MCA Students.
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Students having 75% marks in 10th, 12th, and graduation together along with a General rank of less than 100 in UPSEE are given 100% concession in tuition fees.
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Students having 75% marks in 10th, 12th and graduation together are given 50% concession on tuition fees.
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Students having 70% marks or more in 10th, 12th, and Graduation together or 75% in Graduation are given a scholarship of 25,000/-.
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Students having 65% marks or more in 10th, 12th, and Graduation together or 70% in Graduation are given a scholarship of 20,000/-.
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Students having 60% marks or more in 10th, 12th, and Graduation together or 65% in Graduation are given a scholarship of 10,000/-.
Therefore, a candidate should apply for a scholarship if they come under the marking category mentioned above. There are also scholarships for students who have secured excellent marks in the ABES entrance exams (UPSEE).
Does IIM Kashipur provide scholarships to its students?
Yes, IIM Kashipur offers multiple scholarships to its students as a source of financial funding. It makes sure no student fails to pursue an MBA just because of a lack of funding. This financial assistance is based on the student's economic background and financial performance.
Need cum merit-based scholarship:
This is different from the scholarships offered by the state and central government based on reservation and poor economic background.
The students whose families' annual income doesn’t exceed INR 5 LPA for the last financial year will be eligible for the scholarship. IIM Kashipur provides 100%, 50%, and 25% fee waivers to eligible students and the criteria will be decided based on economic background and academic performance.
Government of India Scholarships:
The PGP students are granted the following GOI scholarships
- Central Sector Scholarship Scheme of Top-Class Education for Scheduled Castes Students.
- Central Sector Scholarship Scheme of Top-Class Education for Scheduled Tribes Students.
- Merit-cum means a scholarship scheme belonging to minority com
What are the scholarship schemes provided by Amity University Gwalior?
My brother is from Amity University, so I know about the scholarship schemes provided by the university.
Amity University encourages academic behavior as well as extracurricular activities. Amity Gwalior has set up several scholarship schemes to encourage the students to score higher. They are as follows.
- For 100% Scholarship: You must have scored 93 Percentile (CAT/MAT) and 700 or higher in GMAT.
- For 50% Scholarship: Require 88 percentile (CAT/MAT) and 650 Or higher in GMAT
- Eligibility for a 25% scholarship: 80 percentile (CAT/MAT) or a GMAT score of 500 or higher.
Scholarship for Programs after Graduation (Non-MBA):
- For 100% Scholarship Eligibility: 93 percent aggregate or higher in Class XII and 80 percent in Graduation.
- For 50% Scholarship Eligibility: 88 percent aggregate and above.
Scholarships for Programs after 12th:
- 100% Scholarship Eligibility - 93 percent aggregate or higher in Boards of Class XII.
- 50% Scholarship Eligibility - 88 percent aggregate or higher in Boards of Class XI.
- 25% Scholarship Eligibility - 70% aggregate and above in Boards of Class XII.
There are several other scholarships as well based on the performance of the students.
How can I get a full scholarship in Australia?
International students willing to get full scholarships in Australia may apply online vie Online Australia Scholarships Information System. The applicants will be required to prove their eligibility while applying for scholarships. Also, don't forget to check the closing date for scholarships before applying.
Can I get a scholarship for master's in New Zealand?
Yes, you can apply for scholarships for master’s in New Zealand. Mentioned below are some of the Scholarships for MS in New Zealand:
| Scholarship | Award |
|---|---|
| AUT International Excellence Scholarship - South Asia | 5000 NZD for one year |
| Otago International Excellence Scholarship | 10,000 NZD for tuition fees for full-time study |
| Vise Chancellor’s International Excellence Scholarship for India | 15,000 NZD |
| Wellington Graduate Award | 5000 NZD |
What are the ways I can fund PGDIE course in NITIE through the GATE? Is there any chance for the GATE toppers to get into this institute with a good amount of scholarship?
You will become eligible to avail of the monthly stipend of Rs. 12,400 which is provided by the MHRD once you qualify for the GATE exam. Other fee-waiver programs at NITIE will help in significantly reducing the amount of fee that you need to pay.
Also, there are scholarships that are provided to the students whose family income is less than a certain specified amount. In addition to this, as a student of NITIE, you can easily avail of an education loan.
Also, NITIE provides an opportunity for summer projects. Once you get selected for the internship, the company pays you a stipend for it.
How much need-based scholarship does IIM Ahmedabad provide?
It depends on board permission and total tuition fees of the program. To avail IIM Ahmedabad scholarships check the following details:
IIMA Special Need-Based Scholarships: All students admitted to the post-graduate programs (PGP & PGP-FABM) whose gross annual family income was below Rs.15,00,000 during the previous financial year are eligible for this scholarship. It is subject to proof of family income, educational loan amount, and past earnings.
Family income includes parent(s)/guardian(s) and spouse if married. Consider pre-tax income. IIM Ahmedabad will decide each applicant's financial aid based on their economic condition, including movable and immovable family assets, the number of dependents on the family income, and any other factors it deems essential.
Other Scholarships:
- All SC/ST postgraduate students receive Rs.150 each month for 10 months.
- To encourage students to work in NGOs, two students from each batch will get financial aid for three years to help pay off their IIMA bank debts. Each student receives Rs.3–4 lakhs in help.
IIM Ahmedabad will not award the mentioned scholarships/financial aid to the students who violate the Institute's disciplinary rules.
Institute's Financial Aid and Awards Committee may set minimum grade points for scholarship eligibility. A student can get more than one scholarship in an academic year if the sponsors don't object and the total amount does not exceed the actual yearly expenses (PGP fees and other charges plus boarding and lodging).
How can I get a scholarship in Hong Kong?
In Hong Kong, international students can avail various government, non-government and university provided scholarships. The scholarships in Hong Kong are majorly merit based and few scholarships are need based. Students are automatically considered for some of the university scholarships based on their merit. For the other university scholarships and external grants, students need to apply separately.
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