Scholarships at Great Lakes Institute of Management Chennai
Great Lakes is committed to making quality education accessible to students from all backgrounds. The institute offers a wide range of financial aid options, including merit-based scholarships, need-based grants, and external funding opportunities.
Institute-Wide Scholarships
- MCM Scholarship (Merit Cum Means): Awarded to students who excel academically and demonstrate financial need. The scholarship covers up to 100% of tuition fees for deserving candidates.
- Women in Leadership Program: A special initiative aimed at encouraging female students, offering partial or full scholarships for those pursuing leadership roles in business.
- First Generation Learner Award: Recognizes students from non-academic families, providing financial assistance to support their educational journey.
Donor and Alumni Scholarships
Several alumni and donors have established scholarships specifically for students in this program. These include:
- Alumni Association Scholarship: Provided by the institute's alumni network, supporting students from economically disadvantaged backgrounds.
- Chennai Business Leaders Fellowship: Funded by prominent business leaders in Chennai, aimed at students with a strong entrepreneurial mindset.
- Family of Dr. Ramesh Iyer Memorial Scholarship: Named after the esteemed faculty member, this scholarship supports outstanding students in finance and marketing.
- Global Business Excellence Award: A donor-funded initiative that rewards students excelling in international business and cross-cultural management.
External Government and Corporate Scholarships
Students are encouraged to explore external funding opportunities, including:
- UGC Merit Scholarship: Offered by the University Grants Commission for meritorious students from minority communities.
- Microsoft India Scholarship: For students pursuing technology-related specializations with a focus on innovation and leadership.
- Coca-Cola Scholars Program: Supports students in marketing, business strategy, and social impact initiatives.
Application Process
Applications for scholarships are typically submitted during the admission process. Students must provide:
- Academic transcripts and certificates
- Financial proof documents
- A personal statement explaining their motivation and goals
- Recommendation letters from faculty or mentors
The institute evaluates applications based on academic performance, financial need, and alignment with the scholarship criteria. Selected students are notified via email and receive detailed instructions for fund disbursement.