ISBM Pune Scholarships 2025 - Details, Eligibility, Amount

ISBM Pune offers various scholarship opportunities aimed at supporting talented and deserving students by easing the financial burden of education. Scholarships at ISBM cater to different categories such as merit-based, need-based, government-funded, and private scholarships, promoting diversity and inclusivity while encouraging academic excellence.

Types of Scholarships

• Merit-Based Scholarships:
  These scholarships are awarded to students demonstrating outstanding academic achievement and entrance examination performance. ISBM specifically offers merit scholarships to the top ranking students in its PGDM program based on percentile scores in national-level entrance exams like CAT and XAT, along with consistent performance in academics.

• Need-Based Scholarships:
  While direct need-based scholarships at ISBM are limited, the institute encourages economically weaker students to apply for government scholarships that support students from underprivileged backgrounds. Additionally, fee waivers and financial aid may be offered based on individual circumstances.

• Government Scholarships:
  ISBM students may apply for several government scholarships under various schemes for Scheduled Castes (SC), Scheduled Tribes (ST), Other Backward Classes (OBC), Economically Weaker Sections (EWS), and minorities, such as the Post Matric Scholarship for Minority Students, Savitribai Phule Pune University Scholarships, and other state and central government programs.

• Private Scholarships:
  Scholarships sponsored by corporations, foundations, and welfare organizations can also be accessed by ISBM students. Examples include the Lila Poonawalla Girls Scholarship for female students pursuing science-related courses and scholarships from various trusts aimed at promoting education among specific communities.

Eligibility Criteria

• Merit Scholarships:

  • Top 5 students securing 80 percentile or above in CAT or XAT exams.

  • Minimum 80% marks in Class 10 and Class 12 examinations.

  • Minimum 75% or equivalent CGPA in graduation.

  • Must maintain a CGPA of 5 or above in the first trimester of the PGDM program.

  • Additional scholarships (e.g., Rs. 1 Lakh, Rs. 50,000) are awarded to students meeting slightly lower thresholds of percentile or percentage as defined by the institute.

• Government Scholarships:
  Eligibility varies by scheme but generally includes belonging to reserved categories, meeting annual income criteria, maintaining minimum academic standards, and submitting required documentation as per government guidelines.

• Private Scholarships:
  Eligibility depends on individual scholarship providers, but typically includes academic merit, gender (for gender-specific scholarships), course of study, and socio-economic background.

How to Apply for Scholarships

1. Merit-Based Scholarships at ISBM:
   Applications for merit scholarships are automatically considered as part of the admission and evaluation process for PGDM candidates. Students who meet eligibility requirements based on entrance and academic performance are shortlisted and notified.

2. Government Scholarships:
   Students must apply through official government portals such as the Ministry of Education scholarship website or respective state government scholarship portals. ISBM provides assistance and guidance in document verification and endorsement for scholarship applications.

3. Private Scholarships:
   Students can apply individually to private organizations or through institutional collaborations. ISBM sometimes facilitates awareness and application drives for select private scholarships.

4. Documentation:
   Scholarship applications require submission of academic records, entrance exam scorecards, income certificates (for need-based), domicile certificates, caste certificates if applicable, identity proof, and any other documents as requested.

Renewal & Duration

• Most scholarships at ISBM are renewable annually contingent upon satisfactory academic performance and maintenance of minimum grade point averages or percentage marks as specified in the scholarship terms.

• Merit scholarships are typically valid for the entire duration of the enrolled program (e.g., 2 years for PGDM), provided the student maintains the required academic standards each trimester or semester.

• Government scholarships have their durations and renewal criteria based on the specific scheme rules, often requiring yearly reapplication and verification.

Scholarship Table

Summary

ISBM Pune is committed to making education accessible through its well-structured merit-based scholarships and by supporting students to avail government and private scholarships. The merit scholarships recognize academic excellence and reward high achievers in entrance exams and academics, while government scholarships target socio-economic upliftment ensuring inclusivity. Scholarships have clear eligibility criteria primarily focused on academic merit, entrance exam performance, and social categories where applicable.

The application process is streamlined, with merit-based scholarships considered automatically at admission and government/private scholarships available through official channels. Scholarships at ISBM generally require renewal annually based on consistent academic performance, reinforcing the culture of sustained excellence.