Finolex Academy of Management and Technology Scholarship Details

Nivedha Kamatchi

Finolex Academy of Management and Technology, [FAMT] Ratnagiri offer several scholarships to eligible students. Candidates must meet the eligibility criteria set by the college to avail of the scholarships. More details regarding the Finolex Academy of Management and Technology scholarship are given below.

• Social welfare department of Maharashtra State. Scholarship / Freeship schemes for special category students (OBC,SBC,VJNTDT category students).

Eligibility

• The student must be a Maharashtra resident.
• Students must fall into one of the categories, like lOBC/SBC/VJ/DTNT.
• Admission via the Maharashtra Government.
• These students are required to participate in this program.
• Candidates who belong to any of the categories but were converted to open due to the non-availability of any of the required certificates at the time of cap and afterwards produced the required certificate after admission and met the criteria.

Income Limit

• At the time of admission, income should not have exceeded Rs. 8 lakh in the previous year. 
• The income certificate must be issued by the Tahasildar and in the name of the student's father solely. If the father is not alive, the certificate shall be in the name of the mother and accompanied by the father's death certificate.
• FAMT Ratnagiri scholarships are available to students with annual incomes of less than Rs. 1 lakh and between Rs. 1 lakh and Rs 8 lakh.

Benefit

Courses Covered

All Engineering UG and MCA courses

• Tribal development dept. of Maharashtra State. Scholarship / Freeship schemes for special category students (ST category students).

Eligibility

• The student must be a Maharashtra resident.
• The student must be in the ST group.

Admission through the Maharashtra Government.

• 4) These pupils are required to participate in this programme.
• Candidates who belong to any of the categories but were converted to open due to the non-availability of any of the required certificates at the time of cap and afterwards produced the required certificate after admission and met the criteria.

Income Limit

• There is no income limit for students in the SC category.
• The income certificate must be issued by the Tahasildar and in the name of the student's father solely. If the father is not alive, the certificate shall be in the name of the mother and accompanied by the father's death certificate.
• Finolex Academy of Management and Technology scholarships are available to students with an annual income of less than Rs 2.50 lakh, while freeship is available to students with an annual income of more than Rs 2.50 lakh.

Benefit

Courses Covered

All Engineering UG and MCA courses.

• Merit Cum Means Scholarship For Professional and Technical Courses- Central  Government

Eligibility

• The student must be a Maharashtra resident to apply for scholarship at Finolex Academy of Management and Technology.
• Students from minority communities, including as Muslims, Sikhs, Christians, Buddhists, Jain, and Zoroastrians, who are admitted through centralised admission process/Institute Level i.e. management quota/Against vacancy admission (Parsis).
• Students who are accepted into technical/professional programmes without taking a competitive exam are also eligible for a scholarship. In the event of Fresh Scholarship alone, such students must have received at least 50% in their previous qualifying exam at the higher secondary/graduate level. These pupils will be chosen solely on the basis of their academic achievements.
• A student resident in a certain State/UT will be eligible for a scholarship under that State/quota UT's alone, regardless of where he or she studies.

Income Limit

• At the time of admission, your income should not have exceeded Rs 2.50 lakhs in the previous year.
• The income certificate must be issued by the Tahasildar and in the name of the student's father solely. If the father is not alive, the certificate shall be in the name of the mother and accompanied by the father's death certificate.

Benefits

20000/- per annum. + 10000/- for hosteller = 30000/- 

20000/- per annum. + 5000/- for day scholar = 25000/-

Courses Covered

For UG (except EXTC) and PG (MCA) course.

1. Central Sector Scholarship Scheme for all category students.

Eligibility

• The student must be a Maharashtra resident.
• Students admitted through the centralised admission process/Institute Level, i.e. management quota/Against vacancy admission, and for all categories, are eligible.
• This scheme is for new undergraduate students whose names appear in the top 20% of the Maharashtra Higher Secondary Board's merit list.

Income Limit

• At the time of admission, your income should not have exceeded Rs. 8 lakhs in the previous year. 
• The income certificate must be issued by the Tahasildar and in the name of the student's father solely. If the father is not alive, the certificate shall be in the name of the mother and accompanied by the father's death certificate.

Benefits

For first three years Rs.10000/- per annum. 

For last year Rs. 20000/- per annum.

Courses Covered

For UG Course

• PG (GATE/GPAT) Scholarship for students with qualifying marks with valid GATE/GPAT  score. (AICTE Scheme)

Eligibility

• Post Graduate Scholarship (Only for Master of Engineering Courses) is available to students having Indian nationality who are admitted to the programme with a valid GATE/GPAT score at the time of admission.
• This scholarship is not available to foreign students, sponsored candidates, or those admitted to PG programmes at the institute level.

Income Limit

• Not mentioned. Non creamy layer certificate required for OBC category student.

Benefits

Rs. 12400/- per month.

Courses Covered

For a PG course. (Master of Engineering - Machine Design)

• Rajarshi Chattrapati Shahu Maharaj Shikshan Shulka Pratipurti Yojana for Open,  SEBC, EWS category student. (EBC)

Eligibility

• The student must be a Maharashtra resident.
• Students should fall into one of three categories: open, SEBC, or EWS.
• Admission via the Maharashtra Government's or its authorised authority's Centralised Admission Process.
• Candidates who belong to any of the categories but were converted to OPEN due to the non-availability of any of the required certificates at the time of CAP and afterwards produced the required certificate after admission and met the criteria.

Income Limit

• At the time of admission, your income should not have exceeded Rs. 8 lakhs in the previous year.
• The income certificate must be issued by the Tahasildar and in the name of the student's father solely. If the father is not alive, the certificate shall be in the name of the mother and accompanied by the father's death certificate.

Benefits

50% Tuition Fee and Exam Fee.

Courses Covered

All Engineering UG and MCA courses

• Scholarship Scheme For Hostellers

Eligibility

• The student must be a Maharashtra resident.
• Students must fall into one of the following categories: open, SEBC, EWS, or TFWS (Open) 
• Admission via the Maharashtra Government.
• Candidates who belong to any of the categories but were converted to OPEN due to the non-availability of any of the required certificates at the time of CAP and afterwards produced the required certificate after admission and met the criteria. 5) The student must be a hosteller. (Rented House, College Hostel, Private Hostel, Paying Guest) Students who live in the immediate region are not eligible for this programme.

Income Limit

• At the time of admission, your income should not have exceeded Rs. 8 lakhs in the previous year. For example, a student entering the academic year in July/August 2020 must have an income certificate for the fiscal year 2019-20 (01/04/2019 to 31/03/2020) stating that their income is less than Rs. 8 lakhs, with a declaration that the certificate would be valid until March 31, 2021.
• The income certificate must be issued by the Tahasildar and in the name of the student's father solely. If the father is not alive, the certificate shall be in the name of the mother and accompanied by the father's death certificate.

Benefits

• Students who produce a Small Land Holder certificate or a Register Labour Certificate from their parents will be awarded a total of Rs. 20000/- for a period of ten months. 2) Hostellers who do not present the above-mentioned documentation would receive a total of Rs. 8000 for a period of ten months.