Scholarships at Acropolis Faculty of Management and Research
The Acropolis Faculty of Management and Research (FMR) is committed to ensuring that financial constraints do not hinder access to quality education. The institution offers a wide array of scholarships, both internally funded and externally supported, to assist students in pursuing their academic goals.
Institute-Wide Scholarships
Merit Scholarship Program
The Merit Scholarship Program is designed for students who demonstrate exceptional academic performance throughout their tenure at FMR. The scholarship is awarded based on cumulative GPA, with the top 10% of students in each batch receiving full coverage of tuition fees and a monthly stipend.
Eligibility criteria include:
- Minimum CGPA of 9.0
- Active participation in extracurricular activities
- Leadership roles within student organizations
- No record of academic misconduct
The award amount varies depending on the level of achievement, ranging from INR 50,000 to INR 1,00,000 per annum.
Need-Based Financial Aid
This scholarship is intended for students from economically disadvantaged backgrounds. Applications are evaluated based on household income, family size, and other socio-economic factors.
Eligibility requirements:
- Annual household income below INR 2,00,000
- Students must be enrolled full-time
- Proof of residence in India
- Good academic standing (minimum CGPA of 7.0)
The scholarship covers up to 80% of tuition fees and provides a monthly stipend of INR 5,000 for three years.
Special Talent Scholarship
This award recognizes students who have excelled in areas outside academics, such as sports, arts, literature, or social service. Recipients are selected based on their achievements and potential to contribute positively to the campus community.
Eligibility:
- Proof of achievement in relevant field
- Recommendation from faculty or mentor
- Active involvement in extracurricular activities
The scholarship provides INR 30,000 per annum for up to two years.
Donor and Alumni Scholarships
MCM (Mentorship and Career Guidance) Scholarship
Established by a prominent alumnus, this scholarship supports students preparing for competitive exams such as CAT, GMAT, and GRE. It covers coaching fees, study materials, and examination registration costs.
Eligibility:
- Students planning to pursue higher education
- Minimum CGPA of 8.0
- Commitment to mentorship during their academic tenure
The scholarship provides INR 2,00,000 annually for two years.
Global Leaders Foundation Scholarship
This award is granted to students who intend to study abroad. The foundation supports international education by covering tuition fees and living expenses for up to one year.
Eligibility:
- Minimum CGPA of 9.0
- Letter of acceptance from foreign university
- Clear demonstration of leadership potential
The scholarship covers up to 60% of total expenses for the duration of study.
Sustainable Development Award
Supported by an alumni foundation focused on environmental sustainability, this scholarship supports students working on projects related to climate change, renewable energy, or resource conservation.
Eligibility:
- Proposed project aligned with sustainability goals
- Supervision by faculty advisor
- Community impact assessment
The scholarship provides INR 1,00,000 for a maximum of two years.
Digital Innovation Fellowship
This award is designed to encourage students engaged in technology-based research and development. It supports innovation projects with potential commercial viability.
Eligibility:
- Project proposal submitted to FMR Innovation Center
- Patent or prototype developed during tenure
- Participation in hackathons or tech competitions
The fellowship offers INR 1,50,000 for project development and mentorship.
External Scholarships
Government of India Schemes
Students can apply for various government-sponsored scholarships such as the National Means-Cum-Merit Scholarship (NMMS), Pradhan Mantri Kaushal Vikas Yojana (PMKVY), and the National Scholarship Portal (NSP). These programs are available to students from marginalized communities or those with financial difficulties.
Corporate Partnerships
Several corporations have established scholarship programs in collaboration with FMR. Examples include:
- Infosys Foundation Scholarship – For students pursuing engineering and management degrees
- Wipro Foundation Scholarship – Supports students from rural areas
- HCL Technologies Education Support Program – For students in STEM fields
Each program has specific eligibility criteria and application procedures, which are detailed on the official websites of respective organizations.
International Organizations
Students may also explore opportunities through international bodies like UNESCO, World Bank, or UNDP. These scholarships often focus on global development, education policy, or sustainable practices.
Scholarship Application Process
The application process for scholarships at FMR is straightforward and transparent:
- Students must fill out the online scholarship application form available on the official portal.
- All required documents must be uploaded in PDF format (maximum file size: 5MB).
- Awards are announced through email notifications within four weeks of submission.
- Selected candidates are invited for an interview or assessment if necessary.
- Final decisions are communicated via official letterheads and posted on the scholarship section of the website.
All applications are evaluated by a committee comprising faculty members, alumni representatives, and administrative staff to ensure fairness and merit-based selection.
Disbursement and Renewal
Scholarship funds are typically disbursed in two installments per year. The first installment is released upon confirmation of enrollment, while the second is distributed after mid-year evaluation.
Renewal criteria depend on academic performance, attendance, and adherence to institutional rules. Students must maintain a minimum CGPA of 7.0 and remain active members of student organizations to qualify for renewal.
Support Services
The financial aid office provides comprehensive support to scholarship recipients, including guidance on financial planning, career counseling, and mentorship programs. Regular workshops are conducted to educate students about managing finances and maximizing benefits from various awards.
Additionally, alumni networks offer ongoing support through mentorship, internships, and job placements, ensuring that scholarship recipients have access to a wide range of opportunities beyond their academic years.