Scholarship Overview

GURUKUL BUSINESS SCHOOL is committed to providing access to quality education for students from all economic backgrounds. The institution offers a comprehensive scholarship program that includes both merit-based and need-based financial assistance, as well as support from alumni and corporate partners.

Institute-Wide Scholarships

Merit-Based Scholarships

The school provides several merit-based scholarships to recognize academic excellence and outstanding performance:

• MCM Scholarship (Merit Cum Means): Awarded to students who demonstrate exceptional academic performance combined with financial need. The scholarship covers up to 75% of tuition fees for one year.
• Prestigious Excellence Award: This scholarship is given to students who rank in the top 5% of their class and have demonstrated leadership qualities and community service involvement.
• Global Leadership Initiative: Designed for students with exceptional potential in international business and cross-cultural management. The scholarship covers full tuition fees plus a monthly stipend of INR 10,000 for two years.

Need-Based Financial Aid

To support students from economically disadvantaged backgrounds, GURUKUL BUSINESS SCHOOL offers:

• Foundation Support Fund: Provides financial assistance to students whose families earn less than INR 2 lakhs per annum. The aid covers up to 50% of total fees for the academic year.
• Community Partnership Program: Offers full tuition coverage to students from specific community groups identified through partnerships with local organizations.
• Disability Support Scholarship: Designed for students with physical or mental disabilities, covering both tuition and additional support services required for their education.

Alumni Scholarships

Alumni Foundation Awards

The alumni network of GURUKUL BUSINESS SCHOOL actively supports current students through various scholarship initiatives:

• Legacy Scholars Program: Awarded to children of GURUKUL BUSINESS SCHOOL alumni who have demonstrated academic excellence and leadership in their respective fields.
• Entrepreneurship Support Fund: Provides funding for students planning to start ventures, covering seed capital and mentorship support for innovative business ideas.
• International Exchange Fellowship: Supports students pursuing international studies or internships abroad through partnerships with global institutions.

Donor-Sponsored Scholarships

Several prominent alumni and donors have established scholarships specifically to support student development:

• Sharma Family Foundation: Awards scholarships based on academic merit and community service, covering up to 100% of tuition fees for three years.
• Rajput Trust: Supports students from Rajasthan and other North Indian states with full financial assistance including living expenses.
• Patel Educational Endowment: Provides scholarships for students pursuing research in sustainable business practices and corporate social responsibility.

External Scholarships

Government Schemes

GURUKUL BUSINESS SCHOOL students are eligible for various government-sponsored scholarship programs:

• Pratham Scholarship: Offered by the Ministry of Education for students from SC/ST/OBC categories. Covers full tuition fees and provides a monthly stipend of INR 15,000.
• Women Empowerment Initiative: Supports female students with full funding including tuition, hostel, and mess charges.
• Minority Community Scholarship: Designed for students from minority communities, covering up to 90% of educational expenses.

Corporate Sponsorships

Several multinational corporations have partnered with GURUKUL BUSINESS SCHOOL to provide scholarships and financial support:

• Google India Fellowship: Supports students pursuing advanced degrees in technology and business, offering full funding for two years.
• Microsoft Research Grant: Provides funding for research projects related to artificial intelligence and data analytics.
• IBM Academic Initiative: Offers scholarships for students studying computer science and business analytics.

Scholarship Application Process

Eligibility Criteria

To be eligible for any scholarship at GURUKUL BUSINESS SCHOOL, applicants must meet the following criteria:

1. Admission to a recognized academic program
2. Academic performance above minimum thresholds (varies by scholarship)
3. Financial need assessment (for need-based scholarships)
4. Leadership experience and community involvement

Application Procedure

The application process for scholarships is conducted through the school's online portal:

1. Students must create an account on the scholarship portal
2. Complete the required application form with personal details, academic records, and financial information
3. Submit supporting documents including transcripts, income certificates, and recommendation letters
4. Attend an interview or written test if shortlisted
5. Receive notification of award status via email

Required Documents

Candidates applying for scholarships must submit the following documents:

• Academic transcripts from previous institutions
• Income certificates from parents/guardians
• Passport-size photographs and identification proof
• Recommendation letters from teachers or mentors
• Statement of purpose or personal essay
• Proof of community or cultural background (for specific scholarships)

Specialized Scholarship Categories

Women's Empowerment Scholarships

Recognizing the importance of gender diversity in business, GURUKUL BUSINESS SCHOOL offers specialized support for female students:

• Empowered Women Initiative: Provides full funding for women pursuing degrees in finance, marketing, and entrepreneurship.
• Leadership Development Grant: Supports female students who demonstrate exceptional leadership potential in business and social initiatives.

Research Excellence Awards

For students interested in academic research, the school provides funding opportunities:

• Research Innovation Fellowship: Covers expenses for research projects in emerging fields of business and management.
• Academic Publication Grant: Supports students who publish research papers in peer-reviewed journals.

International Recognition Programs

Students with global aspirations receive support through international recognition programs:

• Global Business Scholars: Provides funding for students planning to study abroad or participate in international exchange programs.
• Cross-Cultural Leadership Award: Supports students developing skills in international business and cultural management.

Renewal and Continuation

Scholarships at GURUKUL BUSINESS SCHOOL are typically renewable based on performance and continued eligibility:

• Merit-based scholarships require maintaining a minimum CGPA of 8.0
• Need-based scholarships are reviewed annually based on updated financial information
• Research scholarships are renewed based on progress in research projects
• International program scholarships are renewable if students maintain their international commitments

Success Stories

The scholarship programs at GURUKUL BUSINESS SCHOOL have enabled numerous students to achieve academic excellence and professional success:

Merit Scholarship Recipients

Students who have received merit-based scholarships have gone on to secure top positions in leading companies, pursue doctoral degrees, and establish successful ventures.

Need-Based Support Impact

Financial assistance for students from economically disadvantaged backgrounds has enabled them to focus entirely on their studies, resulting in higher graduation rates and improved academic performance.

Alumni Success

Many scholarship recipients have become prominent figures in business, academia, and public service, contributing significantly to their communities and society at large.

Application Timeline

Support Services for Scholarship Recipients

Students who receive scholarships are provided with comprehensive support services to ensure their success:

• Mentorship programs connecting scholars with successful alumni
• Academic counseling and career guidance
• Networking opportunities with industry professionals
• Research funding for academic projects
• Leadership development workshops

Future Expansion Plans

GURUKUL BUSINESS SCHOOL continues to expand its scholarship offerings to meet the growing needs of students:

• Development of new scholarship categories for emerging fields
• Partnerships with additional organizations and corporations
• Increased funding for research and innovation programs
• Expansion of international exchange opportunities

Conclusion

The scholarship programs at GURUKUL BUSINESS SCHOOL reflect the institution's commitment to excellence, diversity, and accessibility. Through a combination of internal support, alumni generosity, and external partnerships, the school ensures that financial barriers do not prevent talented students from pursuing their educational goals.