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Modern College of Arts, Science and Commerce Scholarships Details

Modern College of Arts, Science and Commerce Scholarships & Eligibility

Modern College of Arts, Science and Commerce, Shivajinagar, supports students through a variety of government-funded scholarships and institutional financial aid.

1. Government Scholarship Schemes

The college facilitates applications for various state and central government scholarship programs, primarily processed through the MahaDBT (Maharashtra Direct Benefit Transfer) portal and the National Scholarship Portal (NSP).

Common categories include:

  • Social Welfare Scholarships: Available for students belonging to reserved categories, including SC, ST, OBC, NT, and SBC.

  • Freeship Schemes: Partial or full fee waivers for eligible students from reserved categories based on annual family income thresholds.

  • EBC (Economically Backward Class): Fee concessions for students from economically disadvantaged backgrounds (usually subject to specific income limits and academic performance criteria).

  • Minority Scholarships: Schemes for students from notified minority communities (Muslim, Christian, Sikh, Buddhist, Parsi, Jain) who are domiciled in Maharashtra.

  • Specialized Government Schemes: Other programs like the Eklavya Scholarship, Krantijyoti Savitribai Phule Scholarship (for female students), and schemes for students with disabilities or children of ex-servicemen.

2. Institutional & Other Financial Support

  • Student’s Aid Fund: A college-managed fund designed to provide financial assistance to "needy and poor deserving students."

  • Earn and Learn Scheme: A program that allows students to work within the college campus to earn a stipend, helping them support their education.

  • Endowment Prizes/Awards: Various prizes and merit-based awards are often distributed to top-performing students in their respective departments (e.g., those who secure the highest marks in final exams).

 

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