Institute-Wide Scholarships
NCCMB offers several merit-based and need-based scholarships to support deserving students. These scholarships are awarded annually based on academic performance, financial background, and other relevant criteria:
- Merit Scholarship (MCM): Awarded to top-performing students in Class 12th or equivalent examination with a minimum aggregate score of 80%. The scholarship covers full tuition fees for the duration of the program.
- Need-Based Scholarship: Available for students from economically disadvantaged families with an annual income below INR 3 lakh. This scholarship provides partial fee waiver or full coverage depending on the family income and other financial indicators.
- Performance Enhancement Grant: For students who show exceptional improvement in academic performance after joining the college. The grant is awarded based on internal assessments and feedback from faculty members.
Alumni & Donor Scholarships
The college maintains a strong network of alumni and donors who contribute to student welfare through various scholarship initiatives:
- Dr. Suresh Kumar Memorial Scholarship: Named after a distinguished alumnus, this scholarship supports students pursuing higher studies in finance or economics. The amount is INR 50,000 annually for three years.
- Priya Sharma Excellence Award: Given to outstanding female students in the marketing specialization. The award includes a cash prize of INR 30,000 and a certificate of recognition.
- Ramesh Patel Leadership Fund: Supports students with demonstrated leadership potential in extracurricular activities and community service. The fund provides up to INR 40,000 per student for the duration of their studies.
- Deepak Mehta Innovation Grant: For students working on innovative projects related to entrepreneurship or social impact. The grant offers funding ranging from INR 20,000 to INR 100,000 based on project scope and feasibility.
- Anjali Gupta Business Analytics Fellowship: Supports students interested in pursuing advanced research in business analytics. The fellowship covers tuition fees for one year plus a monthly stipend of INR 5,000.
- Leela Mohan International Exchange Program: Provides financial support for students to attend international conferences or participate in exchange programs with foreign universities.
- Arvind Reddy Technology Innovation Award: Recognizes excellence in information systems and data analytics. The award includes funding for software tools, online certifications, and research materials.
Government & Corporate Scholarships
NCCMB students are eligible to apply for various external scholarships offered by government bodies and corporate organizations:
- SC/ST Category Scholarship (UGC): Provides financial assistance to students from Scheduled Caste and Scheduled Tribe communities. The scholarship covers full tuition fees plus a monthly stipend of INR 2,000.
- Women Empowerment Scholarship (Ministry of Women & Child Development): Designed for female students from low-income families. The scholarship includes tuition fees, hostel charges, and a monthly allowance of INR 3,000.
- Engineering Excellence Scholarship (Bharat Electronics Limited): Offers financial support to students excelling in engineering-related subjects. The scholarship covers up to 80% of tuition fees plus a one-time grant of INR 10,000.
- Smart India Challenge Scholarship: For students participating in the Smart India Hackathon and winning awards. The scholarship provides INR 50,000 to winners who continue their studies at NCCMB.
- Career Development Program (Tata Trusts): Aims to support students from underprivileged backgrounds with mentorship and financial aid. The program offers full tuition coverage along with career guidance services.
Application Process
The application process for scholarships at NCCMB is straightforward and accessible:
- Eligibility Check: Students must verify their eligibility based on academic scores, income criteria, or specific achievements relevant to each scholarship.
- Document Submission: Required documents include Class 12th mark sheet, income certificate, caste certificate (if applicable), and any supporting evidence of achievement or leadership.
- Online Application Portal: All applications are submitted through the official NCCMB portal, where students can track their application status and receive updates on selection outcomes.
- Selection Committee Review: A dedicated committee reviews all applications based on merit, financial need, and other relevant factors. Shortlisted candidates may be called for interviews or additional documentation.
- Award Notification: Selected students are notified via email and SMS. The scholarship amount is credited directly to the student's account upon verification of eligibility.
For detailed information on each scholarship, students can visit the college website or contact the scholarship committee office located in the administration block.