Institute-Wide Scholarships
Shivam Institute of Management Valasan offers several institute-wide scholarships to support deserving students financially. These scholarships are awarded based on academic merit, financial need, and other criteria.
- MCM Scholarship: This scholarship is named after the founder of the institute and is awarded annually to top-performing students in the management program. The award covers up to 100% of tuition fees for one year. Applications are submitted through the institute's portal, and shortlisted candidates undergo an interview process.
- Merit Cum Merit Scholarship: This scholarship recognizes students who demonstrate exceptional academic performance throughout their studies. It provides partial or full fee waivers based on CGPA and entrance exam scores. The scholarship is renewable for up to 4 years, subject to maintaining specific academic standards.
- Need-Based Financial Aid: For students facing financial hardships, the institute provides need-based financial aid that covers part of the tuition and hostel charges. This aid is determined through a detailed application process involving income verification and family background analysis.
Alumni & Donor Scholarships
Several alumni and donors have established scholarships specifically for students in the management program at Shivam Institute of Management Valasan. These scholarships are highly competitive and offer substantial financial support to outstanding candidates.
- Dr. Ramesh Choudhary Memorial Scholarship: Established by the family of a prominent alumnus, this scholarship is awarded annually to students showing exceptional leadership qualities and community service involvement. The award amount ranges from INR 2 lakhs to INR 5 lakhs.
- Sunil Gupta Foundation Scholarship: Named after a successful alumnus in the finance sector, this scholarship supports students interested in pursuing careers in finance and investment banking. It offers financial assistance of up to INR 3 lakhs for four years.
- Anjali Shah Memorial Fund: This scholarship is intended for female students from economically disadvantaged backgrounds. The fund provides support covering tuition fees, hostel charges, and monthly allowances throughout the course duration.
- Vikram Patel Excellence Award: Established by a well-known entrepreneur in the IT sector, this award recognizes students who excel in technology-related projects and innovation competitions. Recipients receive financial support of INR 2 lakhs along with mentorship opportunities.
- Prakash Mehta Legacy Scholarship: This scholarship is aimed at students demonstrating excellence in entrepreneurship and business development. The award supports up to INR 4 lakhs for four years, including project funding and incubation support.
Government & Corporate Scholarships
In addition to institute-specific and alumni scholarships, several government and corporate entities offer scholarships to students pursuing management education at Shivam Institute of Management Valasan. These scholarships are typically available through direct applications or partnerships with the institute.
- PM-KSY (Pradhan Mantri Kisan Samman Nidhi): This government scholarship is designed for students from agricultural families. It provides financial assistance covering up to 50% of tuition fees and hostel charges for eligible students.
- ICICI Bank Merit Scholarship: ICICI Bank offers this scholarship to students who have secured admission through competitive entrance exams. The award covers 100% of tuition fees and provides a monthly stipend of INR 5,000 for two years.
- HDFC Bank Excellence Award: This scholarship targets high-achieving students with a focus on leadership and innovation. It provides financial support of up to INR 2 lakhs per year for three years, along with internships at HDFC Bank.
- Tata Motors Educational Trust Scholarship: This trust supports students pursuing careers in engineering and management. The scholarship covers tuition fees and provides a monthly allowance of INR 8,000 for four years.
- Bajaj Finserv Student Excellence Award: Offered by Bajaj Finserv, this award supports students with excellent academic records and leadership skills. It covers up to 75% of tuition fees and provides a monthly stipend of INR 10,000 for two years.
Application Process
The application process for scholarships at Shivam Institute of Management Valasan involves several steps that vary depending on the type of scholarship:
- Eligibility Criteria Check: Students must verify their eligibility based on academic performance, financial status, and other specific requirements outlined by each scholarship provider.
- Document Submission: Applicants need to submit documents such as mark sheets, income certificates, caste certificates (if applicable), and any relevant awards or achievements.
- Online Application: Most scholarships require online applications through the institute's portal. Detailed instructions are provided on how to fill out the forms correctly.
- Interview Process: Shortlisted candidates may be called for interviews conducted by a committee comprising faculty members and alumni representatives.
- Selection and Notification: Final selections are made based on merit, need, and availability of funds. Successful applicants are notified via email and official letters from the institute.
It is essential for students to start preparing their applications early and keep track of deadlines. The institute's scholarship cell provides guidance and support throughout the application process to ensure that deserving students receive appropriate recognition and financial assistance.