Merit Scholarship for Academic Year 2024
- The ICFAI University Sikkim offers merit scholarships to students pursuing the UG & PG Programs.
- The scholarships are based on performance in Class XII (or equivalent)/ Graduation (or equivalent) and Semester-wise performance during the Program.
A. Merit Scholarships based on past academic record:
- Percentage of marks achieved in qualifying examination will decide the amount of scholarship.
- The Scholarship amount will be awarded in 2 equal instalments i.e. in the first and second semester of the program.
- The second instalment of the scholarship will be awarded on securing a minimum 8.00 GPA in the first semester.
- The students availing 50% program fee concession (i.e., Govt. Quota students) will not be eligible for scholarships based on Past Academic Record. However, they will be eligible for scholarships based on semester-wise performance.
The scholarship details are as presented in the following table.
|
Aggregate % in qualifying examination |
% of 1st Sem. program fee given as merit scholarship |
|
≥ 90% |
75% |
|
≥ 80% - < 90% |
60% |
|
≥ 70% - < 80% |
50% |
* All subjects marks will be taken into consideration while calculating Entry Level Scholarship percentage.
B. Merit Scholarships based on Semester-wise Performance: Up to 10% of the students of the batch will be awarded merit scholarships based on their Semester-wise performance (Details presented in the table given below). These scholarships are offered in addition to the scholarships based on the past academic record.
Academic Performance (CGPA) |
Category I ≥ 9.00 |
Category II ≥ 8.50 - < 9.00 |
Category III ≥ 8.00 - < 8.50 |
% of Program fee of the semester will be awarded as scholarship |
30% |
22% |
15% |