Scholarships and Financial Aid Programs
Regional School of Management Meerut recognizes the importance of making quality education accessible to all students, regardless of their financial background. To this end, the school has established a robust scholarship system that includes both internal and external funding opportunities.
Institute-Wide Scholarships
The following scholarships are available to all students enrolled at RSOM Meerut:
- MCM Scholarship: Named after the school's founder, this scholarship is awarded annually to meritorious students based on their academic performance and leadership qualities. The award amount ranges from ₹ 50,000 to ₹ 2,00,000 per annum.
- Merit Merit Scholarship: This scholarship is awarded to students who score above 90% in their final year of undergraduate studies. It covers up to 100% of tuition fees for the academic year.
- Need-Based Scholarship: Designed for economically disadvantaged students, this scholarship provides partial or full fee waivers based on income criteria and family background.
- Alumni Fellowship: This scholarship is offered to children of RSOM alumni who demonstrate exceptional academic achievement and community involvement.
- Gender Equality Scholarship: Aimed at promoting gender diversity, this scholarship provides additional financial support to female students pursuing management education.
Donor & Alumni Scholarships
The school has received generous donations from alumni and donors who wish to support deserving students. The following scholarships are funded by these contributions:
- Rajesh Kumar Foundation Scholarship: Named after a prominent alumnus, this scholarship supports students from rural backgrounds with a focus on entrepreneurship and social impact.
- Prithvi Foundation Grant: This grant is awarded to students excelling in research and innovation projects. The award amount ranges from ₹ 30,000 to ₹ 1,00,000 per project.
- Anil Gupta Memorial Scholarship: Established in memory of a distinguished faculty member, this scholarship supports students pursuing careers in finance and economics.
- Meera Patel Excellence Award: This award is given to students who demonstrate outstanding performance in human resource management or organizational behavior.
- Suresh Reddy Leadership Award: Designed for students with strong leadership potential, this award supports those interested in community service and social entrepreneurship.
Government Scholarships
The school actively promotes awareness about government scholarships available to eligible students:
- Scholarship for Single Girl Child (SGC): Offered by the Ministry of Women and Child Development, this scholarship supports single girl children from economically weaker sections.
- Post-Matric Scholarship for SC/ST Students: Provided by the Government of India, this scholarship helps students from Scheduled Castes and Scheduled Tribes pursue higher education.
- Student Credit Card Scheme: This scheme offers low-interest credit cards to students to help cover educational expenses.
- National Means-cum-Merit Scholarship (NMM): A merit-cum-means scholarship for students from families with an annual income below ₹ 2 lakh.
- Pradhan Mantri Kaushal Vikas Yojana (PMKVY): This scheme provides training and financial assistance to youth for skill development in management-related fields.
Corporate Scholarships
Several companies have partnered with RSOM Meerut to offer scholarships to students:
- Tata Group Scholarship: Offered by the Tata Trusts, this scholarship supports students from low-income families pursuing management education.
- Infosys Foundation Scholarship: This scholarship is awarded to students demonstrating academic excellence and community service involvement.
- Microsoft Research Fellowship: Designed for students interested in research, this fellowship provides funding for projects related to technology and innovation.
- Google India Fellowship: This fellowship supports students working on impactful social projects using technology.
- Flipkart Student Excellence Award: Awarded to top-performing students who have demonstrated entrepreneurial spirit and leadership skills.
Application Process
The application process for scholarships at RSOM Meerut is straightforward:
- Eligibility Check: Students must meet the eligibility criteria specified for each scholarship program.
- Document Submission: Required documents include academic transcripts, income certificates, and recommendation letters.
- Online Application: Applications are submitted through the school's official portal or dedicated scholarship portal.
- Review Process: A committee reviews all applications based on merit, need, and other specified criteria.
- Notification: Selected students are notified via email and official communication channels.
Eligibility Criteria
Each scholarship program has specific eligibility criteria. Generally, these include:
- Academic Performance: Minimum CGPA or percentage requirement varies by scholarship.
- Financial Need: Students must provide proof of income or financial hardship.
- Community Involvement: Active participation in community service or extracurricular activities is often required.
- Leadership Skills: Demonstrated leadership experience through student organizations or clubs.
- Special Interests: Some scholarships target students interested in specific fields like research, entrepreneurship, or social impact.
Benefits and Conditions
Students who receive scholarships must fulfill certain conditions:
- Academic Excellence: Scholars are expected to maintain a minimum CGPA of 7.0 or above.
- Community Engagement: Participation in community service projects is encouraged and sometimes required.
- Reporting Requirements: Scholars must submit annual progress reports and updates on their achievements.
- Repayment Clause: Some scholarships may require repayment if the recipient fails to meet specified obligations.
Support Services
The school provides comprehensive support to students seeking financial aid:
- Scholarship Counseling: Regular counseling sessions help students identify suitable opportunities and prepare applications.
- Financial Literacy Workshops: These workshops teach students how to manage finances effectively and plan for future investments.
- Application Assistance: The administration offers guidance on filling out application forms and compiling required documents.
- Success Stories: Sharing testimonials from past scholarship recipients inspires current students to apply.