Comprehensive Scholarship Guide at Shri Rawatpura Sarkar Institute of Management Science
Shri Rawatpura Sarkar Institute of Management Science recognizes the importance of financial support in enabling students to focus on their studies and achieve academic excellence. The institute offers a wide range of scholarships designed to meet the diverse needs of its student body.
Institute-Wide Scholarships
The institute provides several merit-based and need-based scholarships to deserving students. These scholarships are awarded based on academic performance, financial background, and other relevant criteria:
- MCM Scholarship (Merit Cum Means): Awarded to students who demonstrate both excellent academic performance and financial need. The scholarship covers up to 75% of tuition fees for two years.
- SSS Scholarship (Special Student Support): Designed for students from economically disadvantaged backgrounds, this scholarship provides full coverage of tuition and hostel fees.
- Academic Excellence Award: Given annually to top-performing students in each branch, covering 50% of total fees for the academic year.
Donor and Alumni Scholarships
The institute has established partnerships with alumni and donors who contribute to scholarship funds. These scholarships are often specific to certain categories or areas of study:
- Alumni Foundation Scholarship: Funded by the institute's alumni network, this scholarship supports students pursuing management science with a focus on leadership development.
- Rajiv Gandhi Memorial Scholarship: Named after former Prime Minister Rajiv Gandhi, this scholarship is awarded to students from minority communities excelling in academics and social service.
- Dr. Suresh Kumar Memorial Scholarship: Established by the family of a distinguished faculty member, this scholarship supports students interested in entrepreneurship and innovation.
- Shri Rawatpura Sarkar Trust Scholarship: A donor-funded initiative that provides financial assistance to students from rural areas or economically backward families.
- Corporate Alumni Award: Offered by corporate alumni, this scholarship supports students aiming for careers in finance and business analytics.
Government and Corporate Scholarships
In addition to institute-specific scholarships, SRSM students can also apply for external funding from government bodies and private corporations:
- PMKVY (Pradhan Mantri Kaushal Vikas Yojana): Government initiative offering training and financial support for skill development in various sectors.
- UGC Merit Scholarship: Provided by the University Grants Commission to meritorious students pursuing higher education.
- SC/ST Scholarship Scheme: Government schemes offering financial aid to Scheduled Caste and Scheduled Tribe students.
- Women Empowerment Scholarship: Available for female students from economically weaker sections, supporting their pursuit of management education.
- Corporate Sponsorships: Companies like TCS, Infosys, and Wipro offer scholarships to students excelling in IT-related fields.
Application Process for Scholarships
The application process for various scholarships at SRSM involves the following steps:
- Eligibility Check: Students must meet the specific eligibility criteria outlined for each scholarship.
- Document Submission: Required documents include academic transcripts, income certificates, and identity proof.
- Application Form: Online application forms are available on the institute's official website.
- Selection Process: Shortlisted candidates undergo interviews or written assessments based on their profile.
- Award Notification: Successful applicants are notified via email and official letters from the institute.
Eligibility Criteria for Different Scholarships
The eligibility criteria vary depending on the type of scholarship:
- MCM Scholarship: Minimum 75% aggregate in 12th grade, family income below INR 3 lakhs per annum.
- SSS Scholarship: Family income below INR 2 lakhs per annum, minimum 60% in 12th grade.
- Alumni Foundation Scholarship: Minimum 80% in 12th grade, demonstrated leadership qualities.
- Dr. Suresh Kumar Memorial Scholarship: Minimum 75% in 12th grade, interest in entrepreneurship and innovation.
- Government Scholarships: Varying eligibility criteria based on specific government schemes.
Benefits and Conditions of Scholarships
Each scholarship comes with specific benefits and conditions that students must adhere to:
- Academic Performance: Recipients are required to maintain a minimum CGPA of 7.0 throughout their course.
- Attendance Requirement: Students must attend at least 80% of classes regularly.
- Repayment Clause: Some scholarships may require repayment if the recipient fails to complete the course or violates terms and conditions.
- Renewal Policy: Scholarships are typically renewed annually based on performance and continued eligibility.
Additional Support for Financially Challenged Students
Beyond scholarships, SRSM offers additional support mechanisms to assist financially challenged students:
- Work-Study Programs: Part-time jobs on campus to help students earn while studying.
- Emergency Financial Aid: Short-term assistance for unexpected financial hardships.
- Counseling Services: Financial counseling to help students plan their expenses and manage budget effectively.
The institute's financial aid office is dedicated to ensuring that every student has access to the resources needed to succeed academically. Students can reach out to the office for personalized guidance and support regarding scholarships and financial aid options.