MBAUniverse.com

Manav Rachna International Institute of Research and Studies (MRIIRS), Faridabad offers various Scholarships and other scholarships to students to support them to pursue the management program with reduced financial burden as MBA education is getting more and more expensive. MBA scholarships, offered by the MBA colleges in India not only reduce the burden of high MBA Fee, it turns out to be good support during the MBA course. Since students’ dream of doing MBA from one of the top MBA colleges requires lot of money during the course of study, the MBA scholarship offers fee waiver depending upon your performance in entrance exam, academics, category and skill set. To reduce the financial burden on Meritorious students, Good MBA colleges offer number of MBA scholarships to its students in first and second year of MBA course. Schemes of special scholarship for Indian girls and women are also offered to improve gender diversity in the management institutes.

Manav Rachna International Institute of Research and Studies (MRIIRS), Faridabad Scholarship Schemes

MRIIRS Scholarship/Free-Ship Policy for 2024-25

MRIIRS Scholarship policy encourages a good number of students every year and kindles the spirit of consistent performance. In the last three years a substantial sum of more than five crores was awarded in the form of various scholarship policies of the universities.

1. MRIIRS Faridabad Scholarship Schemes ‘Utkarsh’ and ‘Uttam’ for the candidates on the basis of MRNAT-2024 Score for PG programmes:

* Scheme ‘Utkarsh’ is for candidates taking Admission within a period from 25th January 2024 to 30th April 2024)

** Scheme ‘Uttam’ is for candidates taking Admission within a period from 1st May 2024 to 30th June 2024)

2.  Free ship /Scholarships to students seeking admission on the basis their CUET-2024 Marks/Score as per following criteria

Note: - The candidate must have secured an aggregate of 60% in qualifying exam  - Any candidate will be able to avail either merit based (based on qualifying exam and/ or competitive exams) or CUET Scholarship.

3. PG level Programme (other than MDS & LLM programme)

4. Free ship /Scholarships to students seeking admission for MBA programmes on the basis their CAT/MAT/CMAT/ATMA-2024 Score/Marks as per following criteria

On the basis of CAT-2023

On the basis of MAT/CMAT/ATMA-2024

Candidate in PG programmes can be associated with faculty member for proper grooming, mentorship and providing assistance to the faculty for students of UG programmes as and when required.

E) Scholarship for outstanding achievers in sports category

5. A provision of scholarship for outstanding achievers in sports is available for admission seeker at Higher Educational Institutions (HEIs) as per following categories:

The candidate seeking admission under any of the above categories of sports shall be required to produce the relevant documents of proof of his/her participation and Medal Won. Sports Committee under Director-Sports will take the final decision regarding Scholarship.

The scholarship under this category shall be given in the first semester and its continuation shall be decided by a committee constituted by the Competent Authority of the Institution / University.

Note: Total Free ship /Scholarships to students under all categories stated above  put to together shall be limited to maximum 20% (5% for 100% of Tuition Fee waiver cases, 5% for 50% of Tuition Fee waiver cases, 5% for 25% of Tuition Fee waiver cases and 5% for 10% of Tuition Fee waiver cases) of the sanctioned intake for the programme of admission.

Conditions for Continuation of Free ship / Scholarship in Subsequent semesters mentioned above:
Progress of students awarded scholarship in subsequent semesters shall be reviewed after end of every semester for continuation, based upon his/her performance in the previous semester. For continuation of scholarship student shall be required to:

• Maintain a minimum SGPA of 7.5 in each semester without any backlog.
• Have 85% attendance in all courses in each semester.
• Applicant should not have been suspended for any grave act of indiscipline by the university.
• No disciplinary action against the applicant is established or pending in case of ragging or eve teasing.
• The applicant should not be receiving any other scholarship from any other source whatsoever, for which a certificate signed by student & parents is to be provided.

6. Free ship /Scholarships to the Wards of MREI Employee: 25% Tuition fee Waiver (limiting up to maximum of Rs. 12500/- one time at the time of Admission) to First Child only, however, if first child is already getting scholarship on the basis of Merit then this benefit would be passed to second child, if applicable.

7. Free ship /Scholarships to the Siblings of Manav Rachna Student in any of the HEIs of Manav Rachna: 10% Tuition fee Waiver (limiting up to maximum of Rs. 5000/- only one time at the time of admission) to the Sibling (brother/sister) of Student already enrolled in any of the Programme at HEI of MREI. Only the elder one of the siblings would get the said benefit.

8. Free ship /Scholarships to the Alumni of ManavRachna Educational Institution (except MDS) : Student who is an Alumnus of any of the ManavRachna Educational Institutions (Schools or HEI), eligible for 10% Tuition fee waiver (limiting up to maximum of Rs. 5000/- only one time at the time of admission) during admission to the programs offered by any of the HEI.

9. Free ship /Scholarships to Only Girl Child candidates: 10% Tuition fee Waiver (limiting up to maximum of Rs. 5000/- only one time at the time of admission) shall be available to the only girl child candidates in all the UG & PG Programmes provided candidate has scored 60% aggregate marks in the qualifying exam.

10. RESERVATION OF SEATS AND WAIVER IN TUITION FEES FOR WARDS OF SERVING AND RETIRED PERSONNEL OF ARMY
Manav Rachna has persistently celebrated merit and holds Indian Army personnel in very high regard for their selfless service to our nation. 5% of the sanctioned intake of all UG & PG programmes will be reserved under the category and the exclusive scholarships granted to the wards of army personnel include:

• 25% waiver on the 1st installment of the tuition fee
• Reserved seat up to 45 days after the declaration of results
• Reservation of hostel seat up to 30 days after the declaration of result

Requisite Documents Needed to Avail Army Scholarship

For wards of current service holders

A bonafide letter of proof of current posting by the current service holder.

For wards of ex-service holders (Retired army personnel): 

A copy of the soldier's book

Note:

• Proof of relationship is to be provided wherever applicable.
• For continuity, University Scholarship policy would be applicable from 2^nd semester.
• The candidate can avail scholarship/freeship under one scheme only, whichever is higher, out of the above listed schemes subject to availability of scholarship seats.

11. MERIT CUM MEANS SCHOLARSHIP FOR DOMICILE STUDENTS OF HARYANA
Manav Rachna offers Scholarship based on merit cum means to the candidates admitted under reservation for Haryana Candidates. Scheme shall be applicable to all Undergraduate and Post Graduate Programs. The Scheme is applicable to all the students whose parents have annual income up to Rs.2.80 Lac from all sources. Under the scheme, the students shall be given fee waiver limited to the tuition fee as per the following scale. Candidates are required to pay other fee as applicable to the programme concerned.

• One fifth of the 25% shall be granted 100% tuition fee concession,
• Two fifth of the 25% shall be granted 50% tuition fee concession,
• The balance two fifth of the 25% shall be granted 25% tuition fee concession.

NOTE: For purpose of Scholarship/tuition fee waiver, the marks will not be rounded off to the next higher figure and calculation of percentage of marks shall be made on the basis of eligibility subjects in the qualifying examination (same number of subjects).

12. Suitable free ship shall be available to high achievers in the field of sports, persons suffering with Thalassaemia Major, sons / daughters of Army Personnel who have been killed in war/ terrorist attack, physically handicapped students etc. on case to case basis.

13. MERIT SCHOLARSHIP TO SEMESTER/BRANCH TOPPERS
In order to motivate the students for better and sustained academic performance, Manav Rachna offers 'Merit Scholarship to Semester/Branch Toppers' enumerated below for students securing 1st, 2nd and 3rd positions in the Odd & Even semester exams (Based on the amalgamated SGPA/CGPA) every year for each programme being run at Manav Rachna, as under:

• a.   First Position: Rs.15000/-
• b.   Second Position: Rs.10000/-
• c.   Third Position: Rs. 7500/-

The following are the guidelines for granting these Merit Scholarships:

1. Any programme having strength of 90 students or more in semester exam shall qualify for first, second and third position scholarship.
2. Any programme having strength more than 50 students and less than 90 students in semester exam shall qualify for first and second position scholarship, otherwise only a solitary topper shall be given a first position scholarship.
3. If the strength of a course is 10 or less no scholarship will be awarded for that course.

14. Scholarships Based on Innovation/Publication/Patent filing/International or National Level Competition:
There is a provision of scholarship for outstanding achievers in the area of research, innovation, prototype development and their outstanding achievements at national & international level competitions for students at Higher Educational Institutions (HEIs) for the following categories as per policy of the University:

• Startup Registration after generating grant from Govt. / Pvt. Funding organizations
• Competition Winner for Innovative projects
• Patent Granted
• Patent Published
• Patent Filed
• Research Publications