Mascot Institute of Management Scholarships & Eligibility

Located in Bareilly, Uttar Pradesh, Mascot Institute of Management (MIM) offers professional undergraduate and postgraduate programs such as MBA and BBA aimed at equipping students with modern managerial and operational skills. To make management education accessible to students from diverse socioeconomic backgrounds, the institute facilitates financial assistance, fee concessions, and government scholarship programs.

Below is an in-depth guide detailing the scholarship categories, eligibility requirements, application steps, and additional financial aid options available for prospective and currently enrolled students at Mascot Institute of Management, Bareilly.

Types of Scholarships Available

1. Merit-Based Scholarships

Merit-based scholarships are offered to reward academic excellence in prior qualifying examinations (Class 12th board results for undergraduate applicants or bachelor’s degree aggregate marks for postgraduate candidates):

• High Merit Category (85% and above): Tuition fee concessions ranging up to 20% to 25% for the first academic year.

• First Class Category (75% to 84%): Concessions ranging up to 10% to 15% on first-year tuition fees.

• Qualifying Merit Category (65% to 74%): Concessions ranging up to 5% to 10% on tuition fees.

2. Entrance Examination Concessions

Students who clear national or state-level entrance tests with valid competitive scores (such as CUET-PG, CAT, or MAT) are eligible for direct merit waivers on their tuition fees:

• Rank holders and top percentile scorers in entrance tests receive partial fee concessions applicable during initial enrollment.

3. Government Post-Matric & Category Scholarships

Mascot Institute of Management facilitates government-sponsored scholarship schemes managed by the State and Central governments:

• UP State Social Welfare Department Scholarship: Covers partial or full tuition fee reimbursement and maintenance allowances for domicile students of Uttar Pradesh belonging to SC, ST, OBC, General (EWS), and Minority categories.

• National Scholarship Portal (NSP) Schemes: Provides financial assistance to eligible students under Central Sector Schemes, minority scholarships, and specialized welfare programs.

4. Special & Need-Based Concessions

The institute provides special concessions under specific institutional criteria:

• Girl Child Concession: Fee relief aimed at encouraging higher education enrollment among female students in management disciplines.

• Defense Personnel Wards: Concessions extended to children of serving or retired Indian Armed Forces and paramilitary personnel.

• Economic Assistance / Need-Based Aid: Granted on a case-by-case basis to students facing severe economic hardship, subject to verification of family income.

Eligibility Criteria

To qualify for institutional or government scholarships at Mascot Institute of Management, candidates must fulfill the following conditions:

1. Academic Performance: Applicants must meet the prescribed percentage or percentile cut-offs in their Class 10+2 or bachelor’s degree examinations from a recognized board or university.

2. Recognized Domicile: For UP State government scholarships, the student must be a bona fide resident/domicile of Uttar Pradesh.

3. Income Cut-Offs: For government post-matric scholarships and institutional need-based aid, family annual income must fall within prescribed state/central limits (typically up to INR 2,00,000 per annum for SC/ST and up to INR 2,00,000 to INR 2,50,000 per annum for General/OBC/EWS candidates, as per state welfare guidelines).

4. Academic Progression & Attendance: To maintain scholarship benefits across subsequent semesters, students must maintain clean academic records without active backlogs, comply with code-of-conduct regulations, and maintain a minimum attendance threshold (75% or above).

Application Process

Step 1: Admission & Inquiry

• Submit an application for admission to your chosen course at Mascot Institute of Management, Bareilly.

• Express intent to apply for financial aid or merit scholarship during the counseling and document verification phase.

Step 2: Document Submission

Submit the scholarship application along with self-attested supporting documents to the institute's administrative office:

• Mark sheets and pass certificates of Class 10, Class 12, and Graduation (for PG applicants).

• Scorecard of relevant entrance exams (CUET-PG, CAT, MAT, etc.).

• Domicile Certificate (for UP State government scholarships).

• Valid Income Certificate issued by a competent authority (Tehsildar or Revenue Officer).

• Caste / Category Certificate (SC/ST/OBC/EWS/Minority), if applicable.

• Aadhar Card linked with a active bank account.

Step 3: Online Portal Registration (For Government Scholarships)

• For state/national scholarship programs, register on the UP Scholarship Portal (scholarship.up.gov.in) or National Scholarship Portal (scholarship.gov.in).

• Complete the online application form, upload mandatory certificates, choose "Mascot Institute of Management, Bareilly" as the institution, and submit the hard copy of the generated form to the college scholarship cell for physical verification and forwarding.

Additional Financial Aid Options

Beyond direct scholarships, Mascot Institute of Management supports students through flexible payment options and external financial support:

1. Education Loan Facilitation

The institute provides necessary documentation—including the official fee structure letter, bonafide student certificate, and admission offer letter—to assist students in securing education loans from leading nationalized and private banks (such as State Bank of India, Punjab National Bank, Bank of Baroda, and Canara Bank).

2. Installment Fee Payment Scheme

To relieve the burden of upfront lump-sum payments, the administration allows students to pay their annual tuition fees in structured semester-wise or term-wise installments.

Frequently Asked Questions (FAQs)

Q1: Does Mascot Institute of Management offer 100% scholarship on total fees?

Institutional 100% tuition waivers are not standard. However, eligible SC/ST/OBC students applying under the UP State Government Post-Matric Scholarship scheme may receive significant fee reimbursement covering a large portion of their tuition fees subject to government disbursement guidelines.

Q2: How can I apply for the UP State Government Scholarship through the college?

You must register on the official UP Scholarship portal, fill in your academic details, select Mascot Institute of Management as your institution, and submit a physical copy of the filled application along with all required certificates to the college administration for verification.

Q3: Can I receive both an institutional merit scholarship and a government scholarship?

Generally, a student can avail of only one primary fee concession or scholarship benefit at a time. If a student receives a state government scholarship, the institutional concession is adjusted accordingly as per institute regulations.

Q4: Is an income certificate mandatory for applying for financial aid?

Yes, an official Income Certificate issued by a competent government authority (such as a Tehsildar) within the current financial year is mandatory for need-based institutional assistance and all government post-matric scholarship schemes.

Q5: What currency is used for processing fee payments and scholarships at the institute?

All fee schedules, financial assistance amounts, and scholarship disbursements at Mascot Institute of Management are calculated and processed in INR.