Students studying at the Indira College of Pharmacy (ICP), Pune (affiliated with Savitribai Phule Pune University / under Indira University) have access to both institutional financial aid and extensive state government fee concessions. These schemes apply to courses like B.Pharm, Pharm.D, and M.Pharm, primarily for students admitted via the Centralized Admission Process (CAP) rounds.
The majority of financial aid is processed through the Government of Maharashtra’s e-scholarship portal (MahaDBT). The concession amounts vary heavily depending on the category and annual family income:
EBC (Economically Backward Class) / Rajarshi Chahu Maharaj Fee Concession Scheme: Open/General category students whose annual family income is below Rs.8 Lakhs receive a 50% waiver on tuition and development fees.
OBC & EWS Categories: Eligible students typically receive a 50% tuition fee waiver.
SC / ST Categories: Students belonging to these scheduled categories frequently receive a 100% tuition fee waiver (paying near-zero or minimal development fees), provided admission is through CAP.
VJNT / SBC Categories: Eligible students receive a 100% waiver on tuition fees (Post-Matric Scholarship scheme).
Hostel Maintenance Allowance (Panjabrao Deshmukh Yojna): Hostel-accommodated students from economically weaker sections receive an additional annual stipend to offset living costs.
Indira University offers specialized institutional waivers to top performers and specific student groups.
Merit-Based Scholarship (Category 1 & 2): Offers a 25% to 50% tuition fee waiver for the entire program duration to top rankers. Selection uses a 50-50 weightage of Class 12 marks and entrance exam (MHT CET / IUCET) percentiles. Students must maintain a CGPA >_ 8.0 annually for renewal.
Dr. Tarita Shankar Girls Scholarship: A targeted tuition fee waiver designed for meritorious female students coming from economically weaker backgrounds.
Sports Scholarships: A 20% to 100% fee waiver granted to athletes who have won medals or represented teams at Zonal, State, National, or International levels.
Divyangjan (PWD) Scholarship: Provides a 100% tuition fee waiver for one designated seat in each academic program for students with verified disabilities (>_ 40%).
Wards of Martyrs: Children of defense personnel "Killed in Action" receive a 50% concession on tuition fees, subject to maintaining satisfactory academic standing.
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