Comprehensive Scholarship Guide
Innovative College of Commerce and Management Nagpur recognizes the importance of financial support in enabling students to focus on their education and achieve academic excellence. The college offers a wide range of scholarships, both institute-wide and externally funded, to ensure that deserving students can access quality education without financial strain.
Institute-Wide Scholarships
- MCM Merit Scholarship: Awarded to top-performing students based on academic excellence and extracurricular achievements. Amount: ₹50,000 annually.
- SC/ST/OBC Merit Scholarship: Designed for students belonging to reserved categories who excel academically. Amount: ₹30,000 annually.
- Financial Aid Fund: Provides emergency financial assistance to students facing unforeseen circumstances such as medical emergencies or family hardships. Amount: Varies based on need.
Alumni & Donor Scholarships
The college has established partnerships with alumni and donors who have set up specific scholarship funds for students in various disciplines. These include:
- Dr. Ramesh Chaudhari Memorial Scholarship: For students pursuing excellence in strategic management and organizational behavior.
- Priya Sharma Excellence in Finance Scholarship: For top performers in finance-related courses.
- Anil Kumar Marketing Excellence Award: For students demonstrating exceptional skills in marketing and consumer behavior.
- Sunita Reddy Supply Chain Innovation Fund: Supports students working on projects related to supply chain optimization and logistics.
- Manoj Patel Human Resources Leadership Award: For students excelling in HR-related coursework and leadership initiatives.
Government and Corporate Scholarships
Students are encouraged to apply for external scholarships that can supplement their financial support:
- Pratham Scholarship: Offered by the Government of India for students from economically weaker sections. Amount: ₹10,000 per month.
- SSC Scholarships: For students in science and commerce streams studying in government schools. Amount: ₹2,500 per month.
- Microsoft Learn Student Ambassador Program: Provides scholarships for students demonstrating leadership in technology and innovation.
- Google Cloud Scholarship: For students interested in cloud computing and AI technologies. Amount: ₹15,000 per semester.
- Tata Trusts Scholarships: Supports students from low-income families pursuing higher education. Amount: ₹20,000 annually.
Application Process
The application process for scholarships at ICCM Nagpur is straightforward and accessible:
- Eligibility Check: Review the eligibility criteria for each scholarship program.
- Document Preparation: Gather necessary documents such as academic transcripts, income certificates, and recommendation letters.
- Online Application: Submit applications through the college portal or directly with the relevant authority.
- Interview/Selection Process: Some scholarships may require an interview or additional evaluation.
- Award Notification: Successful applicants are notified via email or official letter.