Institute-Wide Scholarships
Ajay Kumar Garg Institute of Management offers several scholarships to support deserving students financially. These scholarships are primarily merit-based and aimed at recognizing academic excellence and leadership potential.
- MCM (Merit Cum Means) Scholarship: This scholarship is awarded based on the student's performance in entrance examinations and their academic achievements during school or undergraduate studies. The amount ranges from ₹50,000 to ₹1,00,000 per annum.
- Management Excellence Scholarship: Designed for students who demonstrate exceptional leadership qualities and involvement in extracurricular activities, this scholarship provides up to ₹75,000 annually.
- Women Empowerment Scholarship: This initiative supports female students pursuing MBA degrees with a scholarship amount of ₹1,00,000 per year.
Alumni and Donor Scholarships
The institute has a strong network of alumni who actively contribute to the education of future generations through various scholarship programs. Some notable donor scholarships include:
- Ajay Kumar Garg Memorial Scholarship: Named after the founder, this scholarship supports students from economically disadvantaged backgrounds with ₹1,50,000 per annum.
- Dr. Ramesh Chandra Excellence Award: This award is given to outstanding students in the field of management with a prize money of ₹2,00,000 annually.
- Sharma Family Foundation Scholarship: Established by a prominent alumnus, this scholarship provides financial assistance to students based on their academic performance and community service involvement.
- Priya Patel Leadership Award: This award recognizes students who demonstrate exceptional leadership skills and contributes ₹1,00,000 annually.
Government and Corporate Scholarships
In addition to institute-specific scholarships, students can also apply for government-funded scholarships that are available through various ministries and departments:
- Scholarship for Students from SC/ST/OBC Categories: Administered by the Ministry of Social Justice and Empowerment, this scholarship provides financial support based on income criteria and category.
- PM-KSY (Prime Minister's Kaushal Yojana): This scheme aims to skill students from underprivileged backgrounds and offers financial assistance for higher education.
- National Scholarship Portal: The central government's portal allows students to apply for various scholarships including those related to higher education, sports, and arts.
- Corporate Sponsorship Programs: Companies such as Infosys, TCS, and Wipro have established scholarship programs that support students from economically challenged families or those excelling in specific fields like technology or entrepreneurship.
Application Process
The application process for scholarships varies depending on the type of scholarship. For institute-wide scholarships, students are typically required to submit:
- Academic transcripts and certificates
- A detailed personal statement outlining their goals and aspirations
- Letters of recommendation from faculty members or mentors
- Proof of income or financial need (for need-based scholarships)
- Participation in extracurricular activities or community service projects
Applications for government and corporate scholarships are usually submitted through online portals, with specific deadlines announced on the respective websites. Students should carefully review the eligibility criteria and ensure all documents are complete before submission.