NIFT Sarthak Scholarship

NIFT Sarthak Scholarship is available to the regular students of NIFT. The scheme benefit is extended to the students who fulfil the eligibility criteria. The eligible candidate can fill out the application form that is released online on its official website.

The application form is released in the month of around July every year and the application duly filled in can be submitted by August.

All the students will have to pay the prescribed tuition fee for the first semester of the academic year i.e. session July – December. ii) The financial assistance awarded to the student would be adjusted in the next semester’s tuition fee i.e. session January – June.

For Under Graduate student

Category	Parental Income ceiling per annum	Percentage of Financial Assistance
A	Up to Rs.1.5 Lakhs	100% of the Tuition Fee
B	Above Rs.1.5 Lakhs up to Rs.2.5 Lakhs	75% of the Tuition Fee
C	Above Rs.2.5 Lakhs up to Rs.4.0 Lakhs	50% of the Tuition Fee

 

For Post Graduate Students

Category	Parental Income ceiling per annum	Percentage of Financial Assistance
A	Up to Rs.1.5 Lakhs	75% of the Tuition Fee
B	Above Rs.1.5 Lakhs up to Rs2.5 Lakhs	50% of the Tuition Fee
C	Above Rs. 2.5 Lakhs up to Rs.4.0 Lakhs	25% of the Tuition Fee

 

Eligibility Criteria for Applicant

UG and PG Courses

The students must fulfil the following criteria-:

All eligible first-year students may apply irrespective of their ranks and marks in the entrance exam.

For the continuation of financial assistance to the students in the 2nd, 3rd and 4th year of undergraduate level and 2nd year of postgraduate level, a minimum average of 6.00 SGPA in the last two consecutive semesters will be a necessary condition. The students will be required to submit their application for continuation of financial assistance in the next year along with all the documents at the beginning of the semester i.e. before the end of the previous semester. The grant of assistance will be decided by the Campus before the fee is collected for the semester from the students.

The student should not have failed in any semester in the previous years of study in NIFT and must have cleared all the subjects of the previous semesters. Provided, relaxation may be sought from the competent authority in case a student has repeated the semester due to health reasons. The students who are on LOA (Leave of Absence) or have availed of the same are also eligible for the Assistance scheme.

A postgraduate student’s eligibility will only be on the satisfaction of the Screening Committee if she/he is not able to provide collateral for availing the bank loan and his / her parental income falls within the prescribed income slabs.

In case a student is involved in any major or minor disciplinary violation, he/ she will not be eligible for a subsidy during his/her remaining course at NIFT.

The students getting any other financial assistance/reimbursement towards expenditure on education from any other source viz Central / State Government / PSU / Trusts / private persons etc shall not be eligible to apply for the financial assistance under this scheme.

If the number of students goes beyond the cap prescribed by the Board of Governors from time to time, financial assistance will be given on the basis of prioritization of the students. In the case of prioritization students whose parental income is the lowest, will get the priority.

 

Mandatory Document Required

1. One passport-size photograph with signature (self-attested).
2. Income declaration-affidavit (Format- B) on non-judicial stamp paper of 10 (Rupees Ten) by each parent.

• Proof of permanent residence.

1. Photocopies of Passport and PAN card of parents/guardian and applicant. However, in case the student /parent/ guardian does not possess PAN Card and/or Passport, then an Affidavit may be taken from the student to that effect.
2. School leaving certificate for class X and XII (Proof of school fee, wherever possible).
3. The copy of the receipt of the tuition fee paid for the current semester i.e. July – December.

• Schedule (Format -C details of agricultural land and property, etc.) duly signed by the parent with relevant revenue record. viii. Bank statements for the last 12 months for all the accounts mentioned in Schedule (Format- C).

Process of Approval

There are two levels of Approval mentioned below-:

1. First level includes desk scrutiny of application forms and proposing eligibility on the basis of the total income of both the parents from all the sources and other income such as Agricultural, Business, Rent etc.

It will also scrutinize whether all relevant information and documents are complete with the application forms. All incomplete forms will be recorded by the Scrutiny Committee and these will be placed separately after the approval of the Campus Director.

2. The second Level will include an interaction of the student with the Screening Committee comprising the following members

Joint Director b) Deputy Director (Finance & Accounts) c) Course Co-ordinator of the course (of which student has applied). d) One senior faculty member nominated by the Director. e) Student Development Activity Co-ordinator