Scholarships

Institute-Wide Scholarships

Abes Business School offers several institute-wide scholarships to recognize academic excellence and financial need. These awards are designed to support deserving students in pursuing their education without financial burden.

MCM Scholarship (Merit Cum Means)

The MCM scholarship is awarded based on merit scores and family income criteria. It covers 50% of the tuition fees for eligible students.

• Eligibility: Students scoring above 80% in qualifying examination
• Income Limit: Annual family income below INR 3 lakhs
• Amount: 50% tuition fee waiver
• Application Process: Submit form through school portal

University Merit Scholarship

This scholarship is awarded to students who rank among the top performers in their respective streams. It provides full tuition fee coverage for one year.

• Eligibility: Top 5% of students in class
• Amount: Full tuition fee waiver
• Duration: One academic year
• Application Process: Based on internal ranking

Need-Based Financial Aid

Students demonstrating financial hardship can apply for need-based aid, which provides partial or full coverage of fees based on family income.

• Eligibility: Family income below INR 2 lakhs annually
• Amount: Varies from 25% to 100%
• Documentation Required: Income certificate, Aadhar card
• Application Process: Submit application with supporting documents

Alumni and Donor Scholarships

The school has established partnerships with alumni and donors who contribute towards student welfare through various scholarship programs.

Abes Business School Alumni Fund

This fund supports students from economically disadvantaged backgrounds, offering partial or full fee waivers based on need assessment.

• Eligibility: Students from low-income families
• Amount: Varies from 25% to 100%
• Application Process: Online form submission

Rajesh Gupta Memorial Scholarship

Named after a prominent alumnus, this scholarship supports students excelling in academics and extracurricular activities.

• Eligibility: Top 10% academic performers
• Amount: INR 50,000 annually
• Duration: Three years

Anita Sharma Memorial Fund

This fund provides scholarships to female students pursuing business education, promoting gender diversity in the field.

• Eligibility: Female students with 75%+ marks
• Amount: INR 40,000 annually
• Duration: Two years

Dr. Suresh Kumar Endowment Scholarship

Supported by a donor, this scholarship recognizes students with exceptional leadership qualities and community service contributions.

• Eligibility: Demonstrated leadership in student activities
• Amount: INR 30,000 annually
• Duration: One year

External Scholarships

Students can also apply for scholarships from external organizations, including government bodies and corporate entities.

Government of India Scholarships

The central government offers several scholarship schemes for students from reserved categories and economically weaker sections.

• SC/ST Scholarship: 100% fee waiver
• Minority Community Scholarship: Partial fee coverage
• Women Education Scholarship: Full coverage for female students

Cosmopolitan Corporate Scholarships

Leading corporations provide scholarships to students excelling in business studies, often with internship opportunities.

• Google India Scholarship Program
• Microsoft Research Fellowship
• Amazon Web Services (AWS) Scholarships
• Facebook Developer Circle Scholarships

NGO and Foundation Support

Several NGOs and foundations offer scholarships to students from underprivileged backgrounds.

• UNICEF Education Grants
• World Bank Student Aid Program
• Bill & Melinda Gates Foundation Scholarships

Scholarship Application Process

The application process for scholarships at Abes Business School involves multiple steps to ensure fair and transparent selection:

1. Eligibility verification
2. Document submission
3. Academic performance review
4. Financial assessment
5. Selection committee evaluation
6. Final award announcement

Required Documents for Application

• Academic transcripts from previous institutions
• Income certificate or proof of family income
• Identity documents (Aadhar, PAN card)
• Recommendation letters from teachers or mentors
• Statement of purpose explaining financial need or merit

Eligibility Criteria and Selection Process

Scholarships are awarded based on a combination of academic excellence, financial need, and contribution to student life:

• Academic performance (minimum 70% in qualifying examination)
• Family income below specified thresholds
• Participation in extracurricular activities
• Leadership roles in student organizations

Benefits and Conditions of Scholarships

All scholarship recipients must fulfill certain conditions to continue receiving financial support:

• Maintain minimum CGPA of 7.0
• Attend mandatory orientation sessions
• Participate in community service activities
• Submit annual progress reports

Renewal and Extension Policies

Scholarships can be renewed annually based on performance and continued eligibility:

• Merit scholarships are renewable for up to three years
• Need-based aids are reviewed every academic year
• Renewal requires submission of updated documents
• Performance standards must be maintained for continuation