ITM SCHOLARSHIP SCHEME

PREAMBLE

As part of globalization, the economic reform packages were introduced in India in the beginning of 1991. These reform packages imposed a heavy compression on the public budgets on education sector, more specifically so on higher education. Following the introduction of structural adjustment policies, that include macro economic stabilization and adjustment, a fiscal squeeze is experienced in all social sector investments. This has trickled down to public expenditure on education in general, and higher education in particular. With economic reforms, cuts in public budgets for higher education have been very steep, severely impairing the growth of higher education.

Paradoxically, under the reforming economic conditions, integration of the Indian economy with world economy presupposes efficiency and competitiveness in the domestic front as well as in the international arena and the key to this is healthy growth in higher technical education with wide accessibility and affordability.

Realizing this, the vision document 2004 of Govt of India envisages

• De-bureaucratizing the administration of our educational institutions;
• Autonomy to centers of excellence;
• Empowering teachers;
• Making quality education affordable to a common Indian family.
• No student should be deprived of access to higher education for lack of resources. Hence, scholarship and soft loans should be made widely available.

Providing equitable opportunities to all and promote social justice is also enshrined in the directive principles of the constitution.

ITM - A FRONTRUNNER IN FULFILLING ITS SOCIAL RESPONSIBILITY

With declining public expenditure on higher education and with 80% of higher technical education being in self financed sector, the private engineering institutions need to be closely involved in realizing this national vision. It is necessary to provide freeships and scholarships to economically weaker and deprived students to provide equitable opportunities for education to them as well. ITM, who has established itself as an institute of excellence in professional education and is known for its innovative spirit, has taken one more initiative for implementing these national goals in true spirit. A firm believer in the dictum “Give to society more than what you take from it” and in line with the enunciation of Supreme Court and fee committee decisions, ITM has applied the principle of using the excess funds generated from NRI seats and 10% additional seats for benefiting students such as girl students, students from economically weaker sections of society and students from rural and disadvantaged sections of society, to promote wider affordability.

SCHOLARSHIP CORPUS

A number of scholarship schemes offering full and partial tuition fee waivers have been introduced and will continue to be given from the corpus created from the excess fee colleted from students admitted under the category (children /wards of NRIs and from the 10% extra seats).

THE SCHOLARSHIP SCHEMES AT ITM

ITM gets students of high academic caliber from various cross sections of society and an effort has been made to include a broad spectrum of economically and socially disadvantaged students under our scholarship schemes.

Scheme-I

This scheme is in pursuance of our commitment to help needy students and in accordance with the Hon’ble Supreme Court judgment / State Fee Committee decision for awarding scholarships to benefit DISADVANTAGE SECTIONS OF SOCIETY from the excess fee collected from the NRI admitted candidates. The details of the scheme and the categories for which it is applicable is given at Annexure-I.

Scheme-II

This scheme has been introduced as per guidelines given by the Education Dept., Govt. of Haryana and AICTE, with the funds collected through 10% extra seats. Under this scheme, a number of full tuition fee waiver scholarships are available to WOMEN, ECONOMICALLY WEAKER AND PHYSICALLY HANDICAPPED STUDENTS. Details of this scheme are available at Annexure-II.

Scheme-III

With a view to recognize and reward merit, MERIT SCHOLARSHIPS in all branches of engineering are provided by ITM. Based on the merit position in the class, the scholarship carries a fixed cash amount. The details of the scheme are given at Annexure-III.

Scheme-IV

The main objective of this scheme is to promote use of modern learning aids like laptop among MBA/M.Tech STUDENTS, who come from non-computer background and may not be computer savvy. Computer usage is essential to all learning processes today because it provides a very powerful means for access to all relevant information instantly and very conveniently. It has therefore become an indispensable tool for all the students going for higher education.

ITM is always striving to promote excellence in the teaching learning process across all disciplines including MBA/M.Tech and has introduced a scholarship scheme for facilitating purchase of laptops by ECONOMICALLY WEAKER STUDENTS, whose parents income is less than 2.5 lacs P.A. Through this scheme it is proposed to subsidize the purchase of laptop for the students.

The salient features of the scheme are as follows:
Students will pay upfront Rs. 10,000/- who wish to purchase the laptop.
Rs, 10,000 will be paid by the student in 6 to 12 EMI’s by taking overdraft from Syndicate Bank, ITM Branch.
For facilitating payment of EMI, arrangements have been made with Syndicate Bank, ITM, which will extend a overdraft facility to the extent of EMI’s payment to all the students. For availing the overdraft facility, necessary formalities of Bank will have to be completed by the students and parents.
Balance cost of the laptop will be paid by ITM vide scholarship scheme to purchase laptop for students belonging to economically weaker section of the society.

FULL TRANSPARENCY IN IMPLEMENTATION OF THE SCHEME

Transparency in governance is the hallmark at ITM and the same philosophy is extended in implementation of this scholarship scheme. Clear and precise eligibility criteria have been laid down for each of the above scheme (Annexure-I, II and III). The schemes have been well publicized amongst the students through notice boards, websites, classroom announcements and other formal and informal channels. A facilitator has been appointed to provide all relevant information regarding the scheme to desiring students and guide them in filling up the forms correctly and in time. An empowered committee comprising of the Management, Principal and Dean has been constituted to recommend all eligible cases. A special feature of the decision process is the one to one interaction with the parents to fully understand the gravity of their problems.

A grievance redressal cell headed by Principal will look into any issues brought up by students in award of scholarships.

With these steps and within the corpus availability, it is expected to extend this benefit to the neediest students at ITM.

Category I

Full Tuition fee waiver for economically weak students, who have passed class XII from a Govt. School. (not applicable to PG students)

Category II

Full Tuition fee waiver to economically weak Girl candidates, who do not have a real brother.

Category III

Full Tuition fee waiver to children of economically weak widows from Haryana.

Category IV

A waiver of 50% of the Tuition fee, to children of economically backward sections whose parent’s earning are upto Rs. 1.80 lac per annum.

Category V

A waiver of 100% of the tuition fee for students from other Govt. schools (central school etc.)

Category VI

Full tuition fee waiver to economically very weak students not covered by above

ELIGIBILITY FOR AVAILING SCHOLARSHIP

Category I: Full Tuition Fee Waiver

1. Govt. school 12th class passouts.
2. First preference will be given to Govt. School of Haryana passouts.
3. Maximum of 25% of the total excess fee collected from NRI fees.
4. Upto 14 B.Tech students full waiver, if more equal distribution. If less, fund transferred to category 5.

Category II: Full Tuition Fee Waiver to Girls only

1. Girl candidate with no real brother?.
2. First preference will be given to Govt. School of Haryana passouts.
3. Maximum of 12.5% of the total excess fee collected from NRI fees.
4. Upto 5 B.Tech students and 4 M.Tech Students full waiver, if more, equal distribution. If less, fund transferred to category 5.

Category III: Full Tuition Fee Waiver to Child of Widow

1. Child of widow resident of Haryana?.
2. First preference will be given to School of Haryana passouts.
3. Maximum of 6.75% of the total excess fee collected from NRI fees.
4. Upto 5 B.Tech students and 4 M.Tech Students full waiver, if more equal distribution. If less fund transferred to category 5.

Category IV: Scholarship For Economically Weaker Section of the Societies.

1. Economically weaker section. Family income less than 1.80 lac per annum+.
2. First preference will be given to Govt. School of Haryana passouts.
3. Maximum of 6.75% of the total excess fee collected from NRI fees.
4. Half Tuition fee waiver upto 20 B.Tech students and 7 M.Tech students, if more equal distribution. If less, fund transferred to category 5.

Category V: Scholarship for students from Govt. School other than State Govt.

1. Govt. school 12th class passouts (other than State Govt.).
2. 100% Tuition Fee Waiver.
3. Upto 7 B.Tech students full waiver, if more, equal distribution If less, fund transferred to student welfare fund.

Category VI: Full Tuition Fees Waiver for economically very weak students.

1. Full tuition fee waiver to economically very weak students not covered by above.

Student welfare fund

Student welfare fund will be used for value aided courses and courses assistance as mentioned below

1. Value added courses will be offered.
2. Courses assistance upto 12500 p.a. only.
3. Undertaking that the candidate is economically weak and unable to pay additional fees for these courses.

*Scholarships are awarded for one year at a time.
For continuation, terms and condition apply.

This scholarship scheme has been introduced under the guidelines of Dept. of Education, Govt. of Haryana and AICTE utilizing funds generated through fee collected from 10% excess intake. The scheme provides for FULL TUTION FEE WAIVER TO WOMEN, ECONOMICALLY BACKWARD AND PHYSICALLY HANDICAPPED MERITORIOUS STUDENTS pursuing their engineering degree courses at ITM. All other fees have to be paid by students. The details of the scheme are as follows:

1. The scheme is applicable to students who have taken admission in 1st year in various disciplines at ITM.

2. The scholarship is for an amount equivalent to tuition fee only. Any other fees has to be paid by the students.

3. The number of scholarship is as follows:

4. For every six scholarships, the distribution is as follows

• Two scholarships for women candidates
• Three for economically weaker students whose parents/guardians income is less than Rs. 2.50 Lacs per year.
• One scholarship is for Physically Handicapped students

5. If the number of candidates is more than the available scholarships, AIEEE merit will be the criteria for award.

6. In case, sufficient number of candidates are not available in a particularly category, the fund can be used for giving scholarship in other categories, according to merit.

7. The scholarships will be given from the funds generated through 10% excess seats and its continuation will depend, interalia, on the continued availability of these funds.

Annexure-III

ITM SCHOLARSHIP SCHEME-III

ITM MERIT SCHOLARSHIPS

This merit scholarship scheme is being launched to recognize and reward merit and is applicable to all disciplines. The scheme is applicable to students from 2nd year to 4th year only. The merit criteria will be the aggregate marks scored as per MDU/ITM Autonomous Institute results and as per MDU/ITM Autonomous Institute weight age of marks in a particular year.

Amount of Scholarships available

Where ever intake is 60 or less, only one scholarship is proposed and for the intake of more than 60, two scholarships are proposed in each discipline.

Discipline	2nd Year			3rd Year			4Th Year
	Intake	First Topper	Second Topper	Intake	First Topper	Second Topper	Intake	First Topper	Second Topper
CSE	120	Rs.30,000	Rs.15,000	90	Rs.30,000	Rs.15,000	90	Rs.30,000	Rs.15,000
IT	60	Rs.30,000	--	60	Rs.30,000	--	60	Rs.30,000	--
ECE	120	Rs.30,000	Rs.15,000	90	Rs.30,000	Rs.15,000	90	Rs.30,000	Rs.15,000
EI	60	Rs.30,000	--	40	Rs.30,000	--	40	Rs.30,000	--
Mech	120	Rs.30,000	Rs.15,000	60	Rs.30,000	--	60	Rs.30,000	--
Auto	30	Rs.30,000	--	--	--	--	--		--

The scholarship award will be automatic and no separate application is required to be filled by students.

Minimum Eligibility Conditions for Scholarship:

• LEET Students will only be eligible from 3Rd Year onwards upon completion of two semesters at ITM.

• A scholarship holder under this scheme will not avail any other scholarship/stipend for pursuing the course from any sources (With in ITM or from outside ITM).

• Student must have passed all the papers in first attempt.

• No disciplinary action taken against student at the time of award of scholarship.

For all Scholarship Schemes:

Students already getting scholarships from any other Govt./Non-Govt. organizations/ institutions are not eligible for award scholarship under this Scheme.

APPLICABILITY & CONTINUITY OF SCHOLARSHIP

1. Continued receipt of NRI fees. Whenever the fee is discontinued/ reduced ,the number / scholarship amount will also adjusted.
2. Must pass in all subjects with no reappear.
3. Must have an overall attendance of 75% with at least 60% attendance in theory / practical / workshop / value addition classes or such other higher attendance criteria prescribed by the Institute.
4. There should be no case of indiscipline in Institute / Hostel against the student.

In case these conditions are not complied, the scholarship will be automatically withdrawn.

PAYMENT

Fee will be reimbursed within 15 days from date of grant of scholarship (this means student will first pay and only subject to above conditions he/she will get refund by cheque).

STUDENT WELFARE FUNDS

Funds accumulated in the Student Welfare Fund may be given as full / partial scholarship to such student(s) as may be decided by the Governing Body at its sole discretion, if in their opinion the student(s) is deserving of assistance.

HOW TO APPLY FOR SCHOLARSHIP

1. Interested candidates can submit their application in prescribed form along with the required proofs on or before the last date notified each year.

2. Candidates along with Father & Mother both (if alive) may be called for interaction with the committee.

Note

Bus / train fare (Actual) to and fro will be paid in cash on producing the ticket in case parents are invited to attend the scheduled meeting with ITM scholarship committee.

Top