EIILM Kolkata offers a range of scholarships aimed at students with outstanding merit and those facing financial challenges. Let’s delve into the details of these scholarships, the eligibility criteria, and the opportunities they provide. EIILM Merit and Need-Based scholarship aim to reduce the financial burden on deserving candidates, ensuring that their academic growth is not affected by economic difficulties. The institute provides scholarships ranging from partial to full tuition coverage. To qualify for a scholarship, applicants must meet specific criteria. The key factors considered include:
Academic Excellence: Consistent high performance in previous educational qualifications.
Entrance Exam Scores: High scores in national-level management entrance exams like CAT, MAT, ATMA, or EMAT.
Group Discussion and Interview: Performance in these stages, which reflect a candidate’s communication skills, critical thinking, and personality traits.
Work Experience: Extra weightage may be given to candidates with over two years of work experience, especially if their roles involved significant responsibilities.
Financial Background: The financial condition of the candidate and their family plays a vital role in determining the scholarship’s need-based aspect.
Additional Considerations: Applicants with a prior Master’s degree (non-business) or exceptional achievements in other fields may also receive additional weightage.
EIILM Kolkata Scholarship and Education Loan List
The scholarships offered are as follows –
Swami Vivekananda Merit-Cum-Means Scholarship
Eligibility: Students must have a CGPA of 8.5 or above.
Type: Merit-cum-means based.
Scholarship Amount: ₹8,000.
Number of Awards: Limited to five recipients.
Chief Minister Relief Fund (CMRF) Scholarship
This scholarship supports students in financial distress, ensuring they can continue their education without interruptions.
Nabanna Scholarship
Aimed at students with a minimum of 50% academic performance, this program helps academically strong yet financially disadvantaged students..
Education Loans
EIILM-Kolkata is recognized as an approved institution by most leading banks across India. Additionally, it has partnered with various Non-Banking Financial Companies (NBFCs) to provide students with flexible repayment options.
Students belonging to Minority, SC, ST, and OBC categories can access education loans under government schemes offered by the West Bengal Government’s Minority and SC, ST & OBC Department. For students seeking a “Monthly Payment Option,” EIILM-Kolkata has signed agreements with multiple NBFCs to make education more affordable and manageable.
Key Highlights EIILM Kolkata Educational Loan
Wide Acceptance: EIILM’s reputation ensures acceptance by both public and private banks.
Flexible Repayment Options: Many banks offer repayment schedules that allow students to start paying only after completing their education and securing employment.
Tie-Ups: EIILM has tie-ups with Eduvanz, Grayquest and HDFC Credila, simplifying the loan application process for students.
How to Apply for EIILM Scholarships
The application process for scholarships is as follows:
Students must first apply to EIILM Kolkata’s programmes and complete the admission process.
During the application process, candidates should express their interest in applying for scholarships.
Applicants must submit documents such as:
Academic marksheets.
Proof of entrance exam scores (CAT, MAT, ATMA, or EMAT).
Financial statements.
Work experience certificates (if applicable).
Eligible candidates will go through group discussions and personal interviews to demonstrate their potential.
The final decision on scholarship awards rests with the Admissions Committee.
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