Scholarships at SANGHVI INSTITUTE OF MANAGEMENT AND SCIENCE

SANGHVI INSTITUTE OF MANAGEMENT AND SCIENCE is committed to ensuring that deserving students have access to quality education regardless of their financial background. To achieve this, the institute offers a comprehensive range of scholarships and financial aid programs designed to support academic excellence and personal growth.

Institute-Wide Scholarships

The institute recognizes outstanding academic performance and provides merit-based scholarships to top-performing students across all disciplines:

• Merit Merit Scholarship: Awarded to students with a CGPA of 9.0 or above in the first year. Recipients receive INR 50,000 per semester for up to two years.
• President’s Scholarship: Given to students who score above 95% in their final examination and demonstrate exceptional leadership qualities. The award includes full tuition fee waiver plus a monthly stipend of INR 10,000.
• Alumni Excellence Award: Offered to students who have excelled academically and contributed significantly to campus life or community service. This scholarship covers up to 75% of the total fees for one year.

These scholarships are renewable annually based on academic performance and adherence to the institute's values and policies.

Donor & Alumni Scholarships

Several alumni and donors have established scholarships specifically aimed at supporting students in particular fields or those from underprivileged backgrounds:

• MCM Foundation Scholarship: Established by the MCM Foundation, this scholarship supports students studying engineering and management. The award includes INR 100,000 per year for three years.
• Rajesh Kulkarni Memorial Scholarship: Named after a distinguished faculty member, this scholarship is awarded to students from economically weaker sections pursuing management studies. Recipients receive INR 25,000 per semester for four semesters.
• Sharma Family Foundation: This foundation provides annual scholarships to students with a family income below INR 3 lakhs. Awards range from INR 15,000 to INR 40,000 depending on financial need.

These donor-funded scholarships are highly competitive and often require detailed applications, including essays, recommendation letters, and proof of financial status.

Government Scholarships

The institute actively encourages students to apply for government-sponsored financial assistance programs:

• SC/ST Scholarship: Provided under the Central Sector Scheme, this scholarship covers full tuition fees and a monthly stipend of INR 3,000 for SC/ST students.
• OBC Non-Creamy Layer: Students belonging to OBC non-creamy layer categories receive an annual grant of INR 15,000 for four years.
• PwD Scholarship: For students with disabilities, the government offers a scholarship covering up to 80% of tuition fees and additional support for assistive devices.

Students must meet eligibility criteria based on caste certificates, income proof, and disability documentation to avail these benefits.

Corporate Scholarships

Several multinational corporations have partnered with SANGHVI IMS to provide scholarships to deserving students:

• Microsoft India Excellence Scholarship: For students excelling in computer science or data analytics. Recipients receive INR 50,000 per year for three years and access to Microsoft’s internship programs.
• Amazon Web Services (AWS) Student Scholarship: Aimed at students pursuing courses in cloud computing or information technology. The scholarship includes INR 30,000 annually and mentorship from AWS experts.
• Google India Student Program: Offers a combination of financial support and training in software development, machine learning, and artificial intelligence. Recipients receive INR 40,000 per year for two years.

These corporate scholarships not only provide financial aid but also offer exposure to industry professionals and opportunities for internships or full-time placements.

Scholarship Application Process

To apply for any scholarship at SANGHVI IMS, students must follow a standardized application process:

1. Eligibility Check: Review the eligibility criteria for each scholarship to ensure qualification.
2. Document Preparation: Gather all required documents such as mark sheets, income certificates, caste certificates (if applicable), and identity proof.
3. Online Submission: Complete the application form on the institute's portal or through a designated external platform.
4. Interview Process: Some scholarships may require an interview with a panel of faculty members or alumni representatives.
5. Selection and Notification: Successful applicants are notified via email and posted on the official website within two weeks of submission.

The institute maintains strict timelines for scholarship applications, typically closing submissions by mid-October each year. Students are advised to start preparing early to avoid last-minute issues.

Support for Entrepreneurship

SANGHVI IMS also supports students who wish to pursue entrepreneurship through specialized funding initiatives:

• Entrepreneurship Incubation Fund: Provides seed capital ranging from INR 50,000 to INR 2 lakhs for innovative startups developed by students.
• Alumni Venture Fund: A fund managed by alumni networks that supports early-stage ventures with mentorship and funding.

These funds help students transform their ideas into viable businesses, encouraging innovation and job creation within the community.

Conclusion

SANGHVI INSTITUTE OF MANAGEMENT AND SCIENCE believes in making quality education accessible to all, regardless of economic background. Through its diverse scholarship programs, the institute ensures that talented individuals can focus on their studies without financial stress, contributing to a more inclusive and equitable learning environment.