GMT foundation scholarship is awarded to one student per batch. The value of the scholarship is Rs. 1.5 lakhs disbursed over two years at the rate of Rs. 75,000.00 per year. To claim the scholarship for the first year, the person should have secured at least 80% marks in school and degree. If there are more than one eligible candidates, the scholarship will be based on admission merit plus performance in extracurricular activities. To remain eligible for the second year, the person should score at least 75% in the examinations of the first year of MBA.
50% academic fee concession for those with a call letter from any of the IIMs, XLRI, MDI, IMI, IMTs, TAPMI, GIM, Great Lake and IITs but could not get selected or opted not to join these institutes upon presentation and verification of the call letters. The concession may be made applicable to other institutes of repute provided they are one of the top 30 management institutes of the country. The ranking criteria will be decided by the management. This scholarship is also applicable to top 3 rank holders of any university.
If you have a university rank of 1, 2 or 3 and a score above 70 percentiles in one of the qualifying examination mentioned above but unable to procure a loan for want of CIBIL score or not having a co-borrower who is alive, you can seek a full fee waiver based on a special application to the President of ASB Society. This scholarship is awarded by the discretion of the President, ASB Society.
10% of academic fee concession for students from other states subject to their being not originally from Kerala. The Scholarship is confined to 3 students per state and 1 per union territory per year. It will be awarded based on admission merit plus performance in academics in school and college and contribution to extracurricular activities, which include activities in NCC, NSS and the like.
Children of Defence personnel (Army, Navy, Air force), BSF, CRPF, Assam Rifles, Border Road Organization, central security forces, Intelligence forces deployed for border security, or J&K police will be given a 10% scholarship on the academic fee. The list mentioned is not exhaustive and if you fall in a category which is similar to these, you could still seek the scholarship and will be granted subject to the discretion of the management. Scholarship is applicable to the wards even if the parent has retired from the above services. Scholarship can be raised to 30% if you are the ward of someone from the above category, who was killed in action or have disability above 40%. Upto 5 scholarships per year based on admission merit plus performance in academics in school and college and contribution to extracurricular activities, which includes activities in NCC, NSS and the like.