AISSMS Institute of Management – Scholarship

AISSMS Institute of Management (IOM)Pune, offers various scholarship opportunities to support students financially. These scholarships are primarily provided through state and central government schemes, aimed at assisting students from economically disadvantaged backgrounds. Here's a comprehensive overview of the scholarships available at AISSMS IOM:

1. Government Scholarships:

SC/ST Scholarships:

• Students from Scheduled Castes (SC) and Scheduled Tribes (ST) can receive full tuition, exam, and development fees without any income limit.

• For families earning less than ?2.5 lakhs, comprehensive support covering tuition, exam, hostel, and maintenance fees is provided.

OBC/SBC/VJ/NT Scholarships:

• For Other Backward Classes (OBC), Special Backward Classes (SBC), and VJ/NT categories, students with family incomes below ?8 lakhs are eligible for a 50% concession on tuition and exam fees.

• Those with incomes below Rs.1.5 lakhs can receive full coverage including maintenance and hostel fees.

2. Specific Scholarship Schemes:

• Rajarshri Chhatrapati Shahu Maharaj Scholarship: This scholarship is for economically backward students in Maharashtra, providing 50% of tuition and exam fees for families earning less than ?8 lakhs.

• Punjabrao Deshmukh Hostel Allowance Scholarship: Monthly allowance of Rs.3,000 for students from Pune, Mumbai, Nagpur, and Aurangabad whose parents are farmers or manual laborers with an income under ?1 lakh.
• AICTE Pragati Scholarship Scheme for Girl Students: An annual scholarship of Rs.50,000 for girls whose families earn less than Rs.8 lakhs.

3. Private Foundation Scholarships:

• Indian Oil Academic Scholarships- Offered to students in various streams including MBA, providing monthly stipends based on qualifying exams and eligibility criteria.

• Lila Poonawalla Foundation Scholarship: Available for female students pursuing higher education.