Future Institute of Management & Technology Scholarships & Eligibility

Located along the Bareilly–Lucknow Highway, the Future Group of Institutions (operating under the umbrella of Future University) enforces a student-centric financial assistance framework. To ensure that high-quality higher education remains accessible to meritorious candidates, socio-economically weaker sections, sports achievers, and wards of defense personnel, the institution provides a variety of scholarship schemes, fee waivers, and education loan facilitation initiatives.

1. Categories and Types of Scholarships Offered

The institution offers structured tuition fee concessions categorised under institutional merit, entrance test performance, social responsibility, sports excellence, and state government welfare schemes.

A. Academic Merit Scholarships (Qualifying Examination Performance)

Merit-based scholarships are awarded to students based on aggregate percentages secured in their qualifying examinations (Class 12 for undergraduate admissions or Graduation for postgraduate admissions):

• 90% and Above: Students securing 90% or higher in their qualifying examination receive a 100% waiver on tuition fees.

• 80% to 89.99%: Eligible candidates receive a 60% tuition fee concession for undergraduate programs and a 60% waiver for postgraduate programs.

• 75% to 79.99%: Eligible candidates receive a 35% tuition fee concession.

• 70% to 74.99%: Eligible candidates receive a 25% tuition fee concession.

• 60% to 69.99%: Candidates receive a 15% tuition fee waiver for undergraduate courses and a 20% tuition fee waiver for postgraduate courses.

B. Institutional Test Scholarships (F-STAR)

The campus conducts the Future University Scholarship Test for Academic Recognition (F-STAR) to extend fee concessions to students based on an institutional aptitude evaluation:

• Percentile 90 and Above: 100% tuition fee waiver.

• Percentile 80 to 89.99: 50% tuition fee waiver.

• Percentile 75 to 79.99: 30% tuition fee waiver.

• Percentile 70 to 74.99: 20% tuition fee waiver.

C. Scholarships Based on National & State Entrance Test Scores

Candidates seeking admission to specialized management, technology, or computer application programs (such as MBA, BBA, B.Tech, MCA, and BCA) via competitive national/state entrance examinations qualify for performance-linked fee support:

• CAT / MAT / XAT / CUET Percentiles: Candidates securing 95 percentile and above qualify for a 100% tuition fee waiver. Those scoring between 90 and 94.99 percentile receive an 80% waiver, candidates between 85 and 89.99 percentile receive a 60% waiver, and scores down to 70 percentile qualify for tiered waivers between 20% and 35%. CUET participating candidates also receive an entry waiver of 10% on tuition fees.

• JEE Main Performance (B.Tech Applicants): Engineering applicants with JEE Main ranks between 1 and 20,000 receive a 100% tuition fee waiver. Tiered waivers of 80%, 60%, 40%, and 20% are awarded for ranks falling into subsequent rank brackets up to rank 60,000.

• CLAT Ranks (Law Programs): Ranks between 1 and 500 qualify for a 100% tuition fee waiver, scaling down across rank tiers to a 10% waiver for qualified participating candidates.

D. Social Responsibility & Special Category Scholarships

The institution provides dedicated concessions to honor public service, address physical disabilities, and promote institutional continuity:

• Defence & Security Personnel Wards: Wards of Indian Armed Forces, Para-Military Forces, and State Police personnel are granted a 30% tuition fee waiver.

• Differently Abled Students: Students with greater than 50% physical disability (certified by an authorized medical board) receive a 30% tuition fee concession.

• Employee & Family Concession: Children or spouses of active university staff members receive a 30% tuition fee waiver during the staff member's period of employment.

• Alumni Continuity Benefit: Former students of the institution progressing to higher degree programs with 60% or higher aggregate marks qualify for a 30% tuition fee waiver.

E. Sports Excellence Scholarships

Achievers in sports competitions are recognized with tuition fee waivers based on their highest level of participation and awards:

• International Players: 80% tuition fee waiver.

• National Medal Winners: 75% tuition fee waiver.

• National Level Participants: 60% tuition fee waiver.

• State Medal Winners: 50% tuition fee waiver.

• State Level Participants: 30% tuition fee waiver.

F. Government Welfare & Fee Reimbursement Schemes

Eligible students residing in Uttar Pradesh can apply for the UP Government Social Welfare Department Scholarship (Saksham / UP Scholarship). This state initiative provides tuition fee reimbursements and maintenance allowances directly to students belonging to SC, ST, OBC, General (EWS), and Minority categories whose annual family income falls within prescribed government thresholds (typically up to INR 2,00,000 per annum for OBC/General and up to INR 2,50,000 per annum for SC/ST).

2. General Eligibility Rules & Guidelines

To maintain transparency and standard evaluation, institutional scholarship awards operate under specific guidelines:

• Tuition Fee Coverage: Institutional percentage waivers apply exclusively to the Tuition Fee component (which comprises approximately 60% of total academic fees) and do not cover examination fees, university enrollment fees, uniform costs, or hostel/transportation charges.

• Tenure of Scholarship: University-sponsored merit and category waivers are generally applicable for the first academic year/first semester of study, unless specified otherwise. Subsequent year renewals are contingent upon maintaining prescribed academic performance and attendance benchmarks.

• Single Scheme Policy: A candidate can opt for only one institutional scholarship scheme at a time—whichever provides the highest financial benefit.

• Course Exclusions: Institutional scholarship schemes generally exclude selected medical, nursing, pharmacy, and polytechnic diploma streams (such as B.Pharm, D.Pharm, BAMS, B.Sc Nursing, ANM, GNM, and D.El.Ed).

• Residential Verification: Domicile or Aadhaar-based address verification within local commissionerate regions may be required during verification.

3. Application Process

Candidates seeking scholarship grants must complete the application process through the following steps during admission:

Step 1: Initial Registration & Selection

Fill out the institute application form (online or offline) and select the relevant scholarship category (Academic Merit, Entrance Test Score, Defence, Sports, or Special Category) in the financial aid section.

Step 2: Document Submission

Upload or submit self-attested copies of qualifying mark sheets, entrance test scorecards (CAT, MAT, JEE Main, CUET, CLAT), sports participation certificates, disability certificates, or defense service credentials to the Campus Admission & Scholarship Cell.

Step 3: Screening & Merit Verification

The Institutional Scholarship Committee reviews submitted credentials, verifies original documents against board/exam databases, and calculates eligible tuition fee concessions.

Step 4: Verification & Approval

Upon verification, the scholarship approval notice is attached to the candidate's provisional admission offer, adjusting the payable tuition fee balance accordingly.

Step 5: Government Portal Application (For UP State Scholarships)

For UP Government fee reimbursement, eligible candidates must submit a separate application on the official UP Scholarship online portal, complete biometric authentication, and submit physical hard copies of the portal application along with income certificates and caste certificates to the campus scholarship desk for verification.

4. Required Supporting Documents

Candidates must provide self-attested photocopies of the following credentials during verification:

• Class 10 and Class 12 Mark Sheets and Passing Certificates

• Graduation Mark Sheets and Degree Certificates (for Postgraduate Applicants)

• Valid Entrance Examination Scorecard (CAT, MAT, JEE Main, CUET, CLAT, as applicable)

• Government-issued Identity Proof (Aadhaar Card)

• Recent Income Certificate issued by a competent authority (Tahsildar/Gazetted Officer) for government schemes

• Caste Certificate (SC/ST/OBC/EWS), if applying under reservation quotas

• Domicile Certificate of Uttar Pradesh (where applicable)

• Official Discharge Book / Service Certificate / ID Card for Defence Category applicants

• Certified Disability Certificate issued by a District Medical Board (for disability concessions)

• Official Certificates from recognized Sports Associations (for Sports Category applicants)

• Bank Account Details (Passbook copy linked with Aadhaar for Direct Benefit Transfer)

5. Additional Financial Aid & Education Loan Options

Apart from merit and category scholarships, the institution assists students in securing external financial support:

• Vidya Lakshmi Portal Facilitation: The institute's admission desk assists admitted students in registering on the Government of India's Vidya Lakshmi Portal to streamline education loan applications across nationalized and private banks.

• Official Fee Structure Certificates: Admitted candidates are provided with official institutional fee structures and bonafide student certificates required by banking institutions to process educational loans.

• Installment Payment Facility: To ease the financial burden on families, academic fees can be paid in structured semester-wise installments upon request and approval by the campus administrative office.

Frequently Asked Questions (FAQs)

Q1. What is the maximum scholarship concession available for high performers in Class 12 or Graduation?

Answer: Students securing 90% or above in their qualifying board or graduation examinations are eligible for a 100% waiver on their tuition fees.

Q2. Do scholarships cover hostel, mess, and examination fees?

Answer: No, institutional scholarship concessions apply strictly to the tuition fee portion (which accounts for around 60% of total academic fees). Hostel, mess, uniform, and university examination fees must be paid separately in full.

Q3. Can a candidate combine multiple scholarship schemes, such as Academic Merit and Defence Quota?

Answer: No, students can avail only one institutional scholarship scheme at a time—whichever scheme offers the highest financial concession.

Q4. Are pharmacy and medical-related courses eligible for institutional merit scholarships?

Answer: Institutional tuition fee waivers generally exclude medical, nursing, and pharmacy programs (such as B.Pharm, D.Pharm, and BAMS). However, eligible candidates in these courses can still apply for UP Government State Scholarship fee reimbursements.

Q5. How does the institute assist students in obtaining education loans from national banks?

Answer: The campus admission cell provides admitted students with bonafide student certificates, official fee structures, and guidance for applying through the Central Government's Vidya Lakshmi Education Loan portal.