Institute-Wide Scholarships
V M Patel Institute of Management offers several scholarships to support meritorious and financially challenged students:
MCM Scholarship (Merit Cum Means)
This scholarship is awarded based on both academic performance and financial need. Students must maintain a minimum CGPA of 8.0 and demonstrate financial hardship.
- Amount: INR 50,000 per annum
- Eligibility: All students with valid admission
- Application Process: Submission of documents during admission or semester-wise applications
Merit Scholarship
Awarded to top 10% performers in each batch, this scholarship supports students pursuing excellence in academics.
- Amount: INR 100,000 per annum
- Eligibility: Top 10% rank holders in the class
- Application Process: Automatic consideration based on academic performance
Need-Based Scholarship
Designed for students from economically disadvantaged backgrounds, this scholarship provides financial support to cover tuition and living expenses.
- Amount: INR 75,000 per annum
- Eligibility: Students with income below INR 2.5 lakhs annually
- Application Process: Submission of income certificates and family details
Alumni and Donor Scholarships
The institute's strong alumni network contributes significantly to scholarship funding, offering specialized support based on various criteria:
Patel Family Foundation Scholarship
This scholarship is named after the founding family of the institute and supports students pursuing leadership roles in business and society.
- Amount: INR 150,000 per annum
- Eligibility: Students with exceptional leadership potential
- Application Process: Nominations by faculty members or self-nomination with supporting documents
Global Excellence Scholarship
For students planning to pursue higher studies abroad, this scholarship covers application fees and travel expenses.
- Amount: INR 200,000 for international programs
- Eligibility: Students with plans to study at top-tier universities
- Application Process: Submission of university admission letters and financial projections
Sustainable Development Fellowship
This scholarship supports students interested in social entrepreneurship and sustainable business practices.
- Amount: INR 100,000 per annum
- Eligibility: Students engaged in social impact projects or research
- Application Process: Project proposal and mentor recommendation required
External Scholarships
V M Patel Institute of Management students are encouraged to apply for external scholarships that align with their interests and career goals:
Government Scholarships
The institute regularly informs students about government-funded scholarship programs, including:
- PM Scholarship: Available for SC/ST students with a focus on higher education
- Women Empowerment Scholarship: For female students pursuing technical and management courses
- Minority Community Scholarship: Supporting students from minority communities in pursuing higher education
Corporate Scholarships
Several companies offer scholarships to students, including:
- Infosys Foundation Scholarship: For students excelling in management and technology fields
- Tata Trusts Scholarship: Focused on rural development and social impact initiatives
- Wipro Scholarship: For students pursuing careers in IT and digital transformation
Scholarship Application Process
The scholarship application process is streamlined and accessible:
- Eligibility Check: Review the eligibility criteria for each scholarship
- Document Collection: Gather required documents such as income certificates, academic transcripts, and recommendation letters
- Application Submission: Submit applications through the institute portal or designated email addresses
- Review and Selection: Selection committees review applications based on merit and need
- Award Notification: Successful applicants are notified via official communication channels
The institute ensures transparency in all scholarship processes, with clear guidelines and regular updates to students about available opportunities.