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Nalanda Scholarship Essay

Scholarship and Aid

Nalanda University understands the importance of assisting meritorious and needy students who would like to pursue their higher studies at the University. We firmly believe that financial constraints should not come in the way of acquiring quality education.

In order to encourage and reward meritorious students, we provide various kinds of financial assistance. However, our funds are limited hence it may not be possible to accommodate all the applicants for financial assistance. Only complete applications received before the deadline will be accepted.

Students who require financial support should indicate their need by filling out relevant fields in Application Form for admission. Additional application may be required once the offer of admission is made. An admitted candidate will be declared eligible for scholarship or aid based on the deliberations of the Financial Assistance Committee. The Committee will decide on the extent of financial support to the candidate after taking into consideration various parameters including merit (based on merit list as assessed by the Admissions Committee) and need (based on documents and verification). The Committee may also conduct an interview with the candidate to determine their suitability for scholarship or aid. The decision of the Committee will be final and no request for its review will be entertained.

All Nalanda scholarships and aid are initially granted for the first year only. The continuation of financial aid in subsequent years will depend on the academic performance of the student. If the student secures a CGPA of more than 7.0/10.0 in the first year, only then can they avail the scholarship or aid in the second year. In all cases, poorer academic performance may result in down-gradation or suspension of the scholarships/financial support. 

Apart from the academic performance, the conduct of the student during their period of study at the University will also account for the continuance of or the revoking of Scholarship/aid in subsequent year(s). The Scholarship/aid may also be revoked in case of lack of attendance or any gross indiscipline and misconduct.

The following scholarships and financial aids are currently being offered by the University: 

Foreign nationals may also apply for scholarships under different Government of India schemes (CLMV Scholarship, ICCR Scholarship etc.), valid for Nalanda University. The information in this regard may be accessed through the Indian Embassies in the respective countries.

Scholarships available to international students: 

Nalanda Merit based Scholarship

At Nalanda, we not only recognise excellence but also help high achievers realise their dreams through merit scholarships. Shortlisting of candidates for this scholarship is done based on the performance of the applicant in the qualifying process for admission. In determining who will receive our merit-based awards, the Financial Assistance Committee looks at merit of the candidate rather than financial need. 

Extent of Aid 

Up to 100% tuition fees.

Criteria for Selection and Selection Process 

Students at the top of the merit list in each round of admission as adjudged by the Admissions Committee are eligible for this Scholarship. The merit criteria is decided by the Admissions Committee of each School.

There is no application required as this Scholarship is awarded along with the Offer of Admission. However, students have to send their acceptance within the required deadline.

Deadline

The deadline for this Scholarship is the date mentioned in the Offer of Admission letter as the last date by which the student should send their acceptance letter.

Nalanda Need cum Merit Scholarship

Need cum Merit Scholarships are available for deserving and meritorious students whose family’s income is not sufficient to cover the financial obligation towards the University. This financial aid is meant to bridge the gap between the total costs and applicant’s ability to pay. 

We use a standard method to carefully review the financial circumstances of the applicant’s family and establish an expected contribution from the candidate. If we determine that the applicant cannot meet the fees requirements based on that calculated amount, we may award or recommend scholarships, grants or other resources to help her or him.

Extent of Aid 

Up to 100% in Tuition Fees and Residence charges. It does not cover Admission Fees, Refundable Caution Money and Meal Charges.

Criteria for Selection and Selection Process 

Applicants with a total family (including applicant’s) income of less than INR 4.5 lakhs of CTC per annum are eligible for this Scholarship (ITR/Income proof will be required).

Both Merit and Need parameters are assessed in granting this scholarship. Merit is defined by the Merit list as assessed by the Admissions Committee and need is determined based on the documents on financial circumstances provided by the candidate and verification of the claim.

How to apply

The student should have gone through the admission process and filled the relevant fields for financial aid. After getting the Offer of Admission the student should click here to apply. 

Deadline

July 10, 2017

Nalanda Fellowship

The Nalanda Fellowship is awarded to Foreign Nationals with good academic record and exemplary performance during the admission process. Early applications help in securing this fellowship.

Extent of Aid 

Up to 100% in Tuition Fees, Residence charges, Meal Charges. It does not cover Admission Fees and Refundable Caution Money.

Criteria for Selection and Selection Process 

Selection for this fellowship is based on the evaluation and recommendation of the Admissions Committee and depends on the performance of the student during the admission process.

How to apply

The student should have gone through the admission process and filled the relevant fields for financial aid. After getting the Offer of Admission the student should click here to apply. 

Deadline

July 10, 2017

Nalanda Work-Study

Nalanda Work and Study is a need-based financial aid award. It is not a grant (one must work to earn it), and it is not a loan (one doesn't have to repay it). Students must qualify for need-based financial aid to receive work study. Funds are limited, so not all qualifying students will receive an award. A student may be considered for work study on the recommendation of the Financial Assistance Committee. 

The University shall creates a pool of jobs for this programme and the student shortlisted for work study programme is assigned jobs out of this pool based on her/his skill set.

Work study awards are available during the academic year and may also be offered during the summer break. 

For the student, it is much like working for any other job. The student can work for a for a fixed number of hours in a week and get paid for it monthly at a pre-specified rate. The competent authority from the department, where the student shall work has to endorse her or his number of hours clocked in a month. 

Nalanda Work-Study jobs are in-campus jobs offered by the University.  Any off campus part-time job may only be undertaken by the student with the prior sanction of the Registrar.

Extent of Aid 

Students are required to work for a fixed number of hours and are paid on an hourly basis. This aid is offered to underwrite the financial obligations of a students towards the University and is enough to cover the tuition fees and the residence charges. 

Criteria for Selection and Selection Process 

Applicants with a total family income of less than INR 5 lakhs of CTC per annum are eligible for this aid (ITR/Income proof will be required). In certain cases, the University may also consider the application of students whose skills and or work experience may benefit the University. Prior work-experience is also considered in the selection process. 

How to apply

The student should have gone through the admission process and filled the relevant fields for financial aid. After getting the Offer of Admission the student should click here to apply. 

Deadline

July 10, 2017

ICCR Scholarships

International government nominees (candidates) have to fill in the prescribed forms for Scholarships for Foreign Nationals that are available with Indian missions abroad. While filling in the forms, the candidate must specify the course he/she wishes to pursue such as i) certificate/diploma ii) undergraduate degree iii) postgraduate degree iv) doctoral research work. Candidates are also advised to consult the Handbook of Indian Universities, available with the Indian missions abroad, to ensure the availability of their choice of courses in Indian Universities.

The application forms should include the required number of copies of educational certificates along with three copies of passport-size photographs. In some cases, a No-objection certificate from the candidate’s employer or place of work is also required. All the applicants are required to undergo an English Proficiency Test conducted by the Indian missions abroad.

CLMV Scholarships

There are limited number of scholarships available for the students from the countries like Cambodia, Laos, Myanmar and Vietnam, willing to undertake their higher studies at Nalanda University. The foreign nationals from these countries should directly apply for the scholarship with the Indian Mission in their country. These scholarships cover to-and-fro transportation expenses (including air fare), tuition fees, Application fees, Admission fees, Caution Money, Residence charges and Meal charges.

Thai Fellowship: Endowed Fellowship for students from Thailand in the School of Buddhist Studies, Philosophy and Comparative Religions

Limited number of fellowships may be given by the University to the Students from Thailand, willing to study at the School of Buddhist Studies, Philosophy and Comparative Religions. These are endowed funding and will be offered on first come first serve basis to the admitted candidates from Thailand.

While the Nalanda University has a need based policy for giving financial support to students from economically lower families, it is not guaranteed that all applicants would necessarily receive a scholarship or financial support, as there are a limited number of scholarships to be offered to the aspirants applying to the Schools.

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