MIT Arts Commerce and Science College Scholarships 2025 - Details, Eligibility, Amount

About MIT Arts Commerce and Science College Scholarship

Both MIT Arts Commerce and Science College (MIT ACSC), Pune, and Jagdish Sheth School of Management (JAGSOM), Bangalore, provide multiple scholarship options to support meritorious and needy students. These scholarships aim to make quality education more affordable and accessible across various academic programs. The types of scholarships include merit-based awards, need-based support, government scholarships, and those offered by private organizations. Each scholarship has specific eligibility criteria, benefits, and application procedures. Both institutions focus on renewing scholarships based on academic performance and conduct, ensuring ongoing motivation and support for students.

Types of Scholarships

• Merit-Based Scholarships: These are awarded to students who demonstrate outstanding academic achievements in their qualifying examinations or entrance tests. Both MIT ACSC and JAGSOM offer scholarships that include tuition fee waivers ranging typically from 25% to 100% as rewards for high academic performance.

• Need-Based Scholarships: These scholarships are designed to assist students from economically weaker sections (EWS) of society. Provisions such as fee waivers or substantial discounts are given based on family income certifications and financial assessments.

• Government Scholarships: Many scholarships sanctioned by the Central or State Governments are available, especially for students from reserved categories such as SC/ST, OBC, Minority communities, physically handicapped candidates, and girls. Examples include scholarships under the Government of India Scheme and Rajarshi Chhatrapati Shahu Maharaj Shikshan Shulkh Shishyavrutti Scheme for Maharashtra students.

• Private and Special Category Scholarships: JAGSOM offers scholarships for women in leadership, sports excellence at national and international levels, children of military personnel, differently-abled students, and candidates from rural or underrepresented regions. These scholarships help foster diversity, inclusion, and representation in management education.

Eligibility Criteria

Scholarships eligibility varies by category but generally includes:

• Minimum academic performance thresholds (e.g., 70% and above in Class 10, 12, and graduation).

• Valid entrance exam scores like CAT/XAT/GMAT for JAGSOM merit scholarships or class 12 results for MIT ACSC merit awards.

• Economic background proofs for need-based and EWS scholarships, including income certificates.

• Relevant certifications or proof for specialized scholarships (sports achievements, disability certificates, defense service verification).

Application Process

Students are required to apply separately for scholarships via the respective college portals or scholarship-specific application forms. The process usually includes:

• Filling out the scholarship application form either online or offline.

• Submitting supporting documents such as mark sheets, income certificates, category certificates, or sports certificates.

• Meeting application deadlines as specified by the institution’s scholarship committee.

• Scholarship committees at both colleges review applications and announce awards based on merit, need, and category eligibility.

Renewal and Duration

Scholarships are typically granted for one academic year initially but are renewable based on the student’s continued academic performance and adherence to the college’s code of conduct. Active participation in co-curricular activities and maintaining a minimum GPA or percentage is often mandatory for renewal. Renewal processes involve reapplication or submission of progress reports and academic results. Some scholarships, such as those at JAGSOM, may also consider overall student conduct and leadership qualities for continuation.

Important Scholarship Details

Both institutions encourage students to proactively inquire about and apply for scholarships through their official websites or helpdesks to get financial assistance and nurture academic excellence.