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Ashoka School of Business (ASB) Scholarships Details

Ashoka School of Business (ASB) Scholarships & Eligibility

Located near Ramoji Film City in Hyderabad, Telangana, Ashoka School of Business (ASB) is an institution offering Post Graduate Diploma in Management (PGDM) programs tailored to modern, tech-driven business requirements. To ensure that high-quality management education remains accessible to meritorious candidates and students from diverse socio-economic backgrounds, ASB maintains a comprehensive institutional scholarship and financial assistance framework.

The financial support system combines national entrance examination merit concessions, consistent academic performance awards, early registration incentives, and corporate loan facilitation mechanisms.

Primary Categories of Scholarships & Eligibility Criteria

Ashoka School of Business structures its tuition fee waivers across well-defined performance metrics, enabling incoming PGDM applicants to offset their educational costs:

1. Entrance Exam Merit Scholarship

Financial support is granted to applicants who achieve qualifying percentiles, ranks, or composite scores in major national management entrance tests:

  • CAT / XAT / GMAT Categories:

    • INR 50,000 Waiver: Candidates securing 85% and above.

    • INR 30,000 Waiver: Candidates securing between 70% and 84.99%.

    • INR 20,000 Waiver: Candidates securing between 60% and 69.99%.

  • MAT / ATMA Categories:

    • INR 50,000 Waiver: Composite score of 700 and above.

    • INR 30,000 Waiver: Composite score between 650 and 699.

    • INR 20,000 Waiver: Composite score between 600 and 649.

  • CMAT / TS ICET Categories:

    • INR 50,000 Waiver: All India Rank / State Rank of 3,000 or below.

    • INR 30,000 Waiver: Rank between 3,001 and 13,999.

    • INR 20,000 Waiver: Rank between 14,000 and 25,000.

2. Academic Excellence Scholarship

To reward consistent performance across secondary, higher secondary, and undergraduate studies, ASB grants waivers based on aggregate academic scores:

  • INR 40,000 Waiver: Maintaining 80% or above in Class 10th, Class 12th, and Graduation.

  • INR 30,000 Waiver: Maintaining between 70% and 79.99% across 10th, 12th, and Graduation.

  • INR 20,000 Waiver: Maintaining between 60% and 69.99% across 10th, 12th, and Graduation.

3. Early Bird & Need-Based Concessions

  • Early Applicant Concession: Offered to early registrants who complete application formalities within the initial admission rounds.

  • Need-Based / EWS Financial Aid: Subject to individual evaluation and submission of valid income proof issued by competent state/national authorities.

Summary of Scholarship Framework

Scholarship Scheme Qualification Basis Qualifying Score / Benchmark Financial Benefit
Entrance Test Merit (Tier 1) CAT / XAT / GMAT 85% and above INR 50,000 fee waiver
Entrance Test Merit (Tier 2) CAT / XAT / GMAT 70% to 84.99% INR 30,000 fee waiver
Entrance Test Merit (Tier 3) CAT / XAT / GMAT 60% to 69.99% INR 20,000 fee waiver
MAT / ATMA Benchmark Composite Score 700+ Composite Score INR 50,000 fee waiver
CMAT / TS ICET Rank State / National Rank Rank <= 3,000 INR 50,000 fee waiver
Academic Performance (Tier 1) 10th, 12th & Degree Aggregate 80% and above in all three levels INR 40,000 fee waiver
Academic Performance (Tier 2) 10th, 12th & Degree Aggregate 70% to 79.99% in all three levels INR 30,000 fee waiver
Academic Performance (Tier 3) 10th, 12th & Degree Aggregate 60% to 69.99% in all three levels INR 20,000 fee waiver

Financial Aid & Installment Options

Beyond institutional tuition waivers, ASB offers administrative and structural support to make program funding manageable:

  • Semester Fee Installment Plan: Rather than demanding a single upfront payment for the two-year program, tuition fees can be paid in structured semester installments.

  • Bank Loan Facilitation: ASB's admissions desk assists admitted candidates with complete documentation—including official admission letters, AICTE approval proof, fee structure breakdowns, and prospectus materials—to streamline educational loan approvals from leading public and private sector banks.

  • Government Portal Support: Eligible candidates applying through SC/ST/OBC or state welfare quotas are guided in registering on official state post-matric scholarship portals.

Application Procedure for Financial Aid

Securing a scholarship at Ashoka School of Business involves a systematic verification process alongside the PGDM admission cycle:

  1. Submission of Admission Application: Fill out the online PGDM registration form on the official ASB portal (asb.org.in).

  2. Declaration of Scores & Records: Input official national entrance test scores (CAT, MAT, XAT, CMAT, ATMA, GMAT, or TS ICET) along with Class 10th, 12th, and graduation marks.

  3. Document Verification: Upload authentic scorecards, consolidated mark sheets, photo ID, and valid income/category certificates (if applying for need-based aid).

  4. Assessment & Adjustment: The ASB scholarship committee evaluates eligibility during personal interview (PI) rounds and adjusts the granted waiver directly against the overall tuition fee schedule.

Frequently Asked Questions (FAQs)

1. Does Ashoka School of Business offer scholarships for CAT or MAT entrance exam scores?

Yes, ASB provides merit-based fee waivers ranging from INR 20,000 to INR 50,000 based on scores achieved in national entrance tests such as CAT, XAT, GMAT, MAT, ATMA, CMAT, and TS ICET.

2. What is the minimum academic percentage needed for an Academic Excellence Scholarship at ASB?

Candidates need a minimum aggregate score of 60% across 10th, 12th, and graduation levels to qualify for academic waivers, with higher brackets (70%+ and 80%+) offering larger fee reductions.

3. Can I combine multiple scholarship concessions at Ashoka School of Business?

Institutional fee concessions are evaluated as per the college's policy during admission; usually, the highest single applicable scholarship category is applied to the candidate's tuition fee.

4. Does ASB assist students in obtaining education loans?

Yes, the ASB administrative office provides official admission offers, AICTE approval documents, and itemized fee structures to assist students in securing education loans from commercial banks.

5. What documents must be submitted to claim a scholarship at ASB?

Applicants must submit verified mark sheets for Class 10th, 12th, and graduation, valid entrance exam scorecards, government photo ID, and income/caste certificates if applying under specific government or need-based schemes.

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