Institute-Wide Scholarships
Icmai University Solan offers several merit-based and need-based scholarships to support deserving students. These scholarships are awarded based on academic performance, financial background, and extracurricular achievements.
- MCM Scholarship: Awarded annually to top-performing students in the first year of study. The scholarship covers 100% of tuition fees and provides a monthly stipend of INR 5,000 for three years.
- Merit Scholarship: Given to students who score above 90% in their qualifying examination. This scholarship covers 75% of the total fees and includes additional benefits like mentorship and internships.
- Need-Based Scholarship: Designed for students from economically disadvantaged backgrounds. The scholarship provides partial fee coverage along with living allowances and travel grants.
Alumni & Donor Scholarships
The university has established partnerships with prominent alumni and donors who contribute to student welfare through targeted scholarships:
- Dr. Ramesh Chandra Sharma Memorial Scholarship: Named after a distinguished faculty member, this scholarship supports students pursuing excellence in financial accounting.
- Priya Verma Excellence Award: Offered to students demonstrating outstanding performance in research and academic projects.
- Anil Kumar Singh Foundation Grant: Supports students interested in entrepreneurship and innovation within the finance sector.
- Sunita Gupta Leadership Fellowship: Recognizes students who show leadership potential in community service and financial literacy initiatives.
- Manoj Joshi Career Development Award: Assists students preparing for international placements or advanced studies abroad.
Government & Corporate Scholarships
In addition to internal scholarships, Icmai University Solan students are encouraged to apply for external funding through government and corporate programs:
- PM-KVY (Pradhan Mantri Kaushal Vikas Yojana): Provides financial assistance for skill development and training in finance-related domains.
- UGC Fellowship Scheme: Offers fellowships to meritorious students pursuing postgraduate studies in finance and economics.
- ICAI Scholarships: Available to students preparing for the Chartered Accountancy examination, these scholarships cover coaching fees and examination charges.
- Tata Trusts Scholarships: Supports students from underprivileged backgrounds through educational grants and mentorship programs.
- Bajaj Finance Scholarship: Designed for students with exceptional academic records in finance-related fields, covering tuition and living expenses.
Application Process
The application process for scholarships at Icmai University Solan is straightforward:
- Students must submit an online application form along with required documents such as mark sheets, income certificates, and identity proofs.
- Eligibility criteria are reviewed by the scholarship committee based on academic performance and financial status.
- Recipients receive the scholarship amount in installments throughout the academic year.
The university also organizes workshops and seminars to guide students through the application process, ensuring maximum participation and fair selection of deserving candidates.