Institute-Wide Scholarships
NIBT offers several merit-based and need-based scholarships to support deserving students:
- MCM Scholarship: Awarded annually based on academic performance and financial need. Recipients receive up to ₹50,000 per semester for three years.
- Merit Scholarship: For top performers in Class 12 or equivalent examinations, covering full tuition fees for one year.
- Need-Based Aid: Available for students from economically disadvantaged backgrounds with documentation proving income below ₹3 lakhs annually.
Alumni Scholarships
The institute maintains a strong network of successful alumni who contribute to student welfare through various scholarship initiatives:
- Rajesh Kumar Memorial Foundation Scholarship: For students excelling in finance and economics, providing ₹75,000 annually.
- Amita Shah Excellence Award: Recognizes outstanding performance in entrepreneurship and innovation, offering ₹1 lakh over two years.
- Dr. Suresh Patel Memorial Scholarship: For students pursuing leadership roles in HR and organizational development, covering ₹60,000 per semester.
- Priya Sharma Fellowship: Supports female students in marketing and digital analytics, offering ₹50,000 per year.
- NIBT Alumni Network Grant: For research projects or startup ideas, with funding up to ₹2 lakh.
External Scholarships
In addition to internal funding, NIBT students are encouraged to apply for external scholarships:
- Government of India Scholarships: Includes schemes like PMKVY (Pradhan Mantri Kaushal Vikas Yojana) and National Scholarship Portal.
- Corporate Sponsors: Companies such as Microsoft, Oracle, and Deloitte offer internships and full-time positions with financial benefits for eligible candidates.
- International Foundations: Organizations like Rotary Club and UNESCO provide international grants for students interested in global research or study abroad programs.
Application Process
To apply for any scholarship, students must submit a detailed application form along with supporting documents such as income certificates, academic transcripts, and recommendation letters. Applications are reviewed by the Scholarship Committee, which evaluates each candidate based on merit, need, and alignment with the scholarship criteria.
For more information, students can visit the NIBT portal or contact the Financial Aid Office directly for guidance and updates on upcoming opportunities.