Application Process
Eligible candidates can apply for the scholarship online through Studyscholarship. Given below are the steps that can be followed to make a successful application –
Step 1: Visit the scholarship page of Studycups MBA Scholarship.
Step 2: Read all the details carefully and click on the ‘Apply Now’ button under the ‘How can you apply?’ section to proceed.
Step 3: Login to studycups.in using a registered ID to land on the ‘Online Application Form Page’. If not registered, please register using an Email/Mobile/Facebook/Gmail account.
Step 4: A separate application instruction page will open. Read the instructions carefully and click on the ‘Start Application’ button.
Step 5: Fill in all the required details in the scholarship application form and upload all the relevant documents.
Step 6: Accept the ‘Terms and Conditions’ and click on the ‘Preview’ button to check if all the details filled are correctly showing or not.
Step 7: If all the details in the preview are correct, click on the ‘Submit’ button to complete the application.
Documents Required
While applying for the Studycups MBA Scholarship, the applicants are required to upload a certain set of documents in support of their applications. These documents are generally related to the applicant’s personal information, academic record, income proof, and other related documents. Below is the list of documents that an applicant must keep while applying for the scholarship –
1. Personal information documents
• Applicant’s Photograph
• Identity Proof (Aadhar Card, Voter ID Card, Driving License)
2. Admission-related documents
• Admission Letter (With the name of institution, admission year and batch)
• Copy of Fee Receipt
3. Academic record documents
• Copy of Graduation marksheet/passing certificate
4. Income Proof (anyone)
• Copy of Salary Slip (Parents)
• Copy of Income Tax Returns (Form 16A)
• Income Certificate issued by a relevant government authority (Tehsildar or Magistrate)
5. Other Documents (If applicable)
• Disability certificate
• Loan sanction letter
• Death certificate, if there is a death of the sole earning member of the immediate family
• Document of any other scholarships received for pursuing MBA degree
Selection Criteria
The selection of the scholars for Studycups MBA Scholarship will be made on the basis of the applicant’s financial needs. Upon successful submission of completed applications with documents, Studycups will screen all the applications and shortlist the top 100 scholars to award the scholarship.
The students who are selected under this scholarship program should ensure that they are not recipients of any other scholarship, from any other sources such as Government, Corporate Private Bodies, Trusts, etc.
Terms and Conditions
- The Candidates applying for the scholarship under this program would be applying for MBA during the academic year 2024-26.
- The amount of Scholarship that will be provided under this program will be a maximum of INR 1 lakh per student, for 2 years, and the scholarship amount will be only for tuition fees and books.
- The gross annual family income, i.e. annual income of the parents/guardians from all sources should not be more than INR 6.5 lakh per annum. Students having the lowest family income shall be given preference in the ascending order.
- Candidates will be required to upload documents, e.g. Income Tax Returns of their parents/guardian(s) or in the alternative, Bank Statements of parents/guardian(s).
- The final acceptance of the proposed candidates shall be on the basis of internal due diligence and checks done by Studycups Selection Panel and will be at all times subject to its management decision.
- The final disbursement of the Scholarship amount to the applicant’s college/university shall be on the basis of the fee receipt evidencing part payment, submitted by the applicant. Receipt of the balance amount paid towards fees out of the scholarship disbursed shall be produced to Studycups immediately on payment thus being made. Further, these fee receipts shall be retained with the beneficiaries and submitted along with other documents for availing of the Scholarship for the consecutive academic year, as the case may be.
- The candidates who are selected for the Scholarship will be intimated by Studycups via email.
- Studycups reserves the right, in its sole discretion, to the fullest extent permitted by law: (a) to reject or disqualify any application; or (b) subject to any written directions from a regulatory authority, to modify, suspend, terminate or cancel the scholarship, as appropriate.
- The scholarship application is open to only those desirous candidates who have all the requisite certificates and mark sheets at the time of making the application. No provisional application will be entertained on any undertaking to the effect or otherwise, that certificates and/or required documents will be furnished at a later stage.
- Studycups reserves the right to independently verify and assess the claims made by candidates/beneficiaries regarding their family financial status and other criteria.
- This is a beneficiary scheme as part of the Corporate Social Responsibility of Studycups and is not a matter of right to be claimed by candidates of economically weaker sections of society or otherwise. Candidates shall not have the right to raise any disputes regarding the scholarship with Studycups and shall have no right to claim any amounts or initiate any proceedings against Studycups in respect thereof.