To ensure that no selected candidate is denied admission based on their financial situation, our admissions process is a needs-blind one. Information regarding your financial background is only applied after you receive an offer of admission. Financial aid is granted under two categories.
Need-based Aid
Annual family income is the deciding factor for need-based aid. Students applying for need-based aid (after receiving their admissions decision) are required to submit their financial documents. List of acceptable documents would be shared after admission acceptance.
Merit-based Aid/Scholarships
Awarded to students based on exceptional skills, performance in the admission process, non-academic and academic achievements An applicant who has been awarded a merit-based scholarship can also apply for need-based financial aid. And, be granted both. A waiver on tuition fees may vary between 25% to 100%.
FINANCIAL AID BANDS | |
NET INCOME BANDS* | AID |
Income < 3 lacs | 100% waiver on tuition+hostel+laptops+books |
3 lacs > Income < 5 Lacs | 100% waiver on tuition+hostel |
5 lacs > Income < 10 Lacs | 100% waiver on tuition |
10 lacs > Income < 15 Lacs | 75% – 100% waiver on tuition |
15 lacs > Income < 20 Lacs | 50% – 75% waiver on tuition |
20 lacs > Income < 25 Lacs | 25% – 50% waiver on tuition |
25 lacs > Income | 0% – 25% waiver on tuition |
*Income appraisal includes financial means, value of assets, etc.
* All aid related decisions will be final and at the discretion of the Institution
Note
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