Scholarship Opportunities
Prashanti Institute of Technology and Science recognizes the importance of financial support in ensuring equal access to quality education. The institute offers a comprehensive array of scholarships for students from diverse backgrounds.
Institute-Wide Scholarships
The institute has established several internal funding mechanisms to support deserving students:
- MCM Scholarship: Named after the institute's founder, this merit-based scholarship is awarded to top-performing students in each semester. Recipients receive ₹50,000 per semester for four years.
- Merit Merit Scholarship: Awarded to students ranking in the top 10% of their batch based on academic performance and extracurricular involvement.
- Need-Based Financial Aid: Available to students from economically disadvantaged families, covering up to 70% of tuition fees and hostel charges.
- Research Excellence Award: For students engaged in research projects with potential for publication or patent filing.
- Campus Leadership Grant: Supports student leaders who initiate impactful initiatives on campus.
Alumni and Donor Scholarships
The institute has cultivated strong relationships with its alumni, many of whom contribute to scholarship funds:
- Alumni Innovation Fund: Supported by alumni entrepreneurs, this fund provides grants for innovative projects or startups.
- Global Alumni Fellowship: Offers travel and research opportunities for students pursuing international experiences.
- Visionary Leaders Program: Aims to support students with leadership potential in social impact ventures.
- Pioneer Education Trust: Provides full scholarships to students from underprivileged communities.
- Future Tech Scholars: Sponsored by industry leaders, this award supports students interested in emerging technologies.
Government and Corporate Scholarships
Students are encouraged to explore external scholarship opportunities through government schemes and corporate partnerships:
- PM-KVY (Pradhan Mantri Kaushal Vikas Yojana): Offers training and financial support for skill development in engineering disciplines.
- Scholarship for Girl Students: Aimed at encouraging female participation in STEM fields, this scheme provides ₹20,000 annually.
- Indian Oil Corporation (IOC) Scholarship: Supports students pursuing degrees in petroleum engineering or related fields.
- Infosys Foundation Scholarship: Available to students from rural areas with exceptional academic records.
- Reliance Foundation Education Initiative: Provides financial assistance for education and research projects.
- Wipro Foundation Scholarships: Supports students in engineering, science, and technology programs.
- Coca-Cola India Scholarship: Offers funding to students engaged in social entrepreneurship or community development.
- Google India Scholarship Program: Provides financial support for students pursuing computer science or data analytics.
- Microsoft Research India Fellowship: Supports PhD students working on research projects in AI, machine learning, and data science.
- IBM India Education Grant: Offers funding for students interested in computing, artificial intelligence, and cybersecurity.
Scholarship Application Process
The application process varies depending on the type of scholarship:
- Internal Scholarships: Applications are submitted through the institute portal. Required documents include academic transcripts, a personal statement, and recommendation letters.
- Alumni and Donor Scholarships: Students must submit an online form along with supporting documents and may be required to attend interviews or presentations.
- External Scholarships: Applications are typically made directly through the respective organizations. The institute provides guidance and assistance throughout the process.
The scholarship committee reviews all applications based on merit, need, and alignment with the institute’s mission. Notifications are sent out within 30 days of submission.