Institute-Wide Scholarships
Loyola Institute of Business Administration (LIBA) recognizes the importance of merit and financial need in supporting its students. The school offers several scholarships that are available to all eligible candidates regardless of their background or category.
MCM Scholarship
The MCM (Merit Cum Means) Scholarship is awarded based on academic performance and family income. This scholarship covers up to 50% of the total tuition fee for deserving students who demonstrate both excellence in academics and financial need.
Excellence Scholarship
This scholarship is designed for students who have excelled in their undergraduate studies or have demonstrated exceptional leadership qualities. It provides full coverage of tuition fees along with a monthly stipend for living expenses.
Disability Scholarship
LIBA is committed to inclusivity and supports students with disabilities through specific financial aid programs. This scholarship covers tuition fees, hostel charges, and additional support services required for students with physical or mental disabilities.
Alumni & Donor Scholarships
The school has established partnerships with alumni and donors who contribute towards scholarships for students in need. These scholarships often have specific criteria such as academic excellence, community service, or leadership potential.
Alumni Association Scholarship
This scholarship is funded by the alumni association of LIBA and is awarded to students who demonstrate strong academic performance and involvement in extracurricular activities. The amount varies based on the recipient's merit and financial need.
Donor Funded Scholarships
Several generous donors have established endowments for scholarships at LIBA. These scholarships are often focused on specific fields or categories of students, such as those from economically disadvantaged backgrounds or students pursuing research in emerging areas.
Government & Corporate Scholarships
In addition to institutional support, students can also explore government and corporate-sponsored scholarship opportunities that align with their interests and career goals.
Central Sector Scheme
The Central Sector Scheme offers financial assistance to meritorious students from SC/ST/OBC categories. This scheme covers tuition fees, books, and other educational expenses for students pursuing higher education in recognized institutions.
Corporate Sponsorships
Several corporations such as TCS, Infosys, and Wipro provide scholarships to students based on academic performance and career aspirations. These scholarships often come with internship opportunities or mentorship programs that enhance student development.
Scholarship Application Process
The application process for scholarships at LIBA is straightforward and transparent. Students are required to submit the necessary documentation along with their applications, which are then reviewed by a committee of faculty members and alumni representatives.
Eligibility Criteria
Each scholarship has specific eligibility criteria that applicants must meet. These may include academic performance, family income, category (SC/ST/OBC), and other relevant factors such as leadership experience or community service.
Application Timeline
Scholarship applications are typically open for a fixed period during the academic year. Students are advised to keep track of application deadlines and submit their forms well in advance to avoid any inconvenience.
Documentation Required
Applicants must provide documents such as mark sheets, income certificates, identity proof, and other relevant paperwork depending on the scholarship type. The school's financial aid office provides guidance on required documentation and helps students prepare their applications correctly.
Support Services
LIBA ensures that students receive comprehensive support throughout their academic journey, including assistance with scholarship applications, financial planning, and career development. The school's dedicated financial aid office works closely with students to identify suitable opportunities and help them navigate the application process effectively.