The merit cum means scholarship is a great way to finance a child’s education. From school education to college
In a country like India where education is the primary aim of many parents, the aim is to get the best education. Getting their children into a good school can be difficult for parents, especially for those from the low-income groups. Due to this, the students suffer both in their education and later in their careers. Considering this unfortunate situation, various governments, as well as private organizations, offer the merit-cum-means scholarship, to ensure that the meritorious students do not have to skip the best education.
Often referred to as the MCM scholarship, it helps financially supporting the meritorious and deserving students from the economically weaker sections of the society.
Why opt for an MCM scholarship?
The merit cum means scholarship is a great way to finance a child’s education. From school education to college, graduation the MCM scholarship is available for students of all ages. The various benefits of MCM are:
1. Options open up: While earlier due to financial constraints they restricted themselves to only some schools, MCM allows the students to spread their wings and follow the education path that aligns with goals and dreams.
2. lesser financial burden: Parents who know that their children will merit from studying at exclusive schools like the Global Indian International Schools do not have to be worried about the fees. Some scholarships even offer additional costs instead of paying only the tuition fee.
3. Better future opportunities: With the best schools’ students also get to explore a range of opportunities. They also get to interact with various professionals and peers who can acts as mentors and friends for their present and future experiences.
4. Guidance: Schools also have guidance programs that are conducted by professionals who understand the psychology of the students. They undertake psychometric tests which help assess the child’s strengths and weakness and then help them to take informed decisions.
Who offers an MCM scholarship?
The merit cum means scholarship is offered by various governments as well as private organizations that believe in the power of education. GIIS is one of the organizations that offer the Mahatma Gandhi universal Values Merit cum means scholarship to students.
The GIIS MCM scholarship?
Contributing to the educational needs of the students, GIIS extends its support and financial assistance to make education affordable for parents across the financial spectrums. Students of any grade can apply for the scholarship as long as they meet the eligibility criteria.
Eligibility Criteria
The students to avail of the scholarship must fulfill the following eligibility criteria:
1. The applicant must be an Indian Citizen.
2. The students must have an above-average academic performance i.e min 60% marks or equivalent in the past 2 years.
3. The family must submit income documents/ tax assessment (ITR duly acknowledged by IT dept.) for the past two years.
4. If the students have local guardians, then their gross family income will be considered for application processing.
5. A self-declaration will be required for gross Family Income.
Scholarship Details:
The scholarship offered to students is divided into various categories based on their family income:
1. For family income below 8,00,000 per annum: The students are eligible for a scholarship the value which is 20% off on Tuition fees.
2. For family income below Rs 8,00,000 – Rs 10,00,000 per annum: The students are eligible for a scholarship value which is 15% off on Tuition fees
3. For family income below Rs 10,00,000 – Rs 12,00,000 per annum: The students are eligible for a scholarship value which is 12% off on Tuition fees.
4. For family income below Rs 12,00,000 – Rs 25,00,000 per annum: The students are eligible for a scholarship value which is 10% off on Tuition fees.
The above scholarship is primarily offered to support deserving.
Application without the relevant documents will not be processed.
The students will be assessed based on their academic performance in the past 2 years along with their family’s gross income.
How to apply for the scholarship?
If you are interested in applying for the Mahatma Gandhi universal Values Merit cum means scholarship, follow the below steps:
Step 1: Download the Application form and fill in all the necessary details.
Step 2: Upload all the relevant documents like:
- Upload academic records for the past two years.
- Family income documents/ tax assessment (ITR duly acknowledged by IT dept.) for the past two years including that of Father & Mother (If self-employed or working professional).
- In the case of local guardians, the gross family income of local guardians in India will be considered as a base for processing the application.
- Self-Declaration form for Gross Family Income.
Step 3: Submit your application.
Step 4: If your application is accepted you will be notified via email in the next 10 working days.
Step 5: You have to give a scholarship assessment test to process your caliber.
Step 6: One to one interview
Step 7: Scholarship selection and disbursal.
The above details will help you get a merit-based scholarship in Noida if you want to take admission in GIIS.
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