Scholarship Programs Overview
The National College of Commerce and Management Shimla is committed to ensuring that financial constraints do not hinder academic excellence. The college provides a wide range of scholarship opportunities for students across all streams, with particular emphasis on supporting commerce and management students.
Institute-Wide Scholarships
MCM Merit Scholarship
This scholarship is awarded to students who demonstrate outstanding academic performance throughout their studies. The award amount varies based on merit rankings:
- Top 5% of students: ₹10,000 per semester
- Next 10% of students: ₹7,000 per semester
- Next 15% of students: ₹5,000 per semester
Need-Based Financial Aid
Students from economically weaker sections are eligible for need-based assistance. Applications are reviewed by a dedicated committee based on income certificates and family background.
Donor & Alumni Scholarships
Rajendra Prasad Memorial Scholarship
Named after the former President of India, this scholarship is funded by alumni contributions. It supports students pursuing excellence in business studies:
- Award Amount: ₹15,000 per semester
- Eligibility: Minimum 80% aggregate in previous year
- Selection Process: Based on academic performance and community involvement
Shivraj Singh Chouhan Excellence Scholarship
This scholarship recognizes students who show exceptional leadership qualities and contribute positively to campus life:
- Award Amount: ₹12,000 per semester
- Eligibility: Participation in student clubs or volunteer work
- Selection Process: Nominated by faculty members or peer groups
Dr. B.R. Ambedkar Memorial Scholarship
For students from marginalized communities, this scholarship provides full tuition fee waivers and additional allowances:
- Award Amount: Full tuition + ₹10,000 per semester
- Eligibility: SC/ST/OBC or PwD category
- Selection Process: Application with supporting documents
Vijay Singh Pathik Scholarship
Named after a prominent educationist, this scholarship supports meritorious students from rural backgrounds:
- Award Amount: ₹8,000 per semester
- Eligibility: Students from villages or small towns
- Selection Process: Academic merit and financial proof required
Anil Agarwal Excellence Scholarship
For students excelling in entrepreneurship and innovation, this scholarship provides both monetary support and mentorship:
- Award Amount: ₹10,000 per semester + mentorship
- Eligibility: Participation in innovation competitions or startup incubation
- Selection Process: Based on project proposal and presentation
External Government & Corporate Scholarships
Prime Minister's Scholarship for Merit (PM-MM)
This government scheme offers financial assistance to students from economically weaker sections:
- Award Amount: ₹2,000 per month
- Eligibility: SC/ST/OBC or PwD category
- Application Process: Through state-level portals
UGC Merit Scholarship
Provided by the University Grants Commission for meritorious students:
- Award Amount: ₹1,500 per month
- Eligibility: Minimum 75% in previous year
- Application Process: Online application through UGC portal
Microsoft India Scholarship
For students interested in technology and innovation:
- Award Amount: ₹50,000 per year
- Eligibility: Students with good academic records and tech interest
- Application Process: Through Microsoft's official website
Google India Scholarship
Designed for students pursuing IT-related courses:
- Award Amount: ₹75,000 per year
- Eligibility: Students enrolled in B.Com or related fields
- Application Process: Through Google’s scholarship portal
Infosys Foundation Scholarship
Supports students from underprivileged backgrounds:
- Award Amount: ₹5,000 per month
- Eligibility: Students from low-income families
- Application Process: Through Infosys foundation website
Application Process for Scholarships
All scholarship applications must be submitted online through the college portal or directly to the scholarship committee:
- Eligibility Check: Confirm eligibility based on category and criteria
- Document Preparation: Gather required documents such as income certificates, academic transcripts, and recommendation letters
- Online Submission: Fill out the application form with all relevant details
- Review Process: Committee reviews applications and selects candidates based on merit and need
- Award Notification: Selected students are notified via email or SMS
Conclusion
The scholarship ecosystem at NCCM ensures that financial barriers do not hinder student success. With a diverse range of funding options, the college empowers students to focus on their studies and achieve academic excellence.