Navigating the Maze of Financial Aid offered by Ashoka University

Many of us dream of getting into one of the top private universities in India. However, for a lot of us, it seems that this dream may never become reality because of the huge tuition fees. But that’s not the case for Ashoka University! If you know that you are deserving but being held back by financial conditions, don’t worry, we got you. Ashoka University offers various need-based financial aids so that their world-class education is accessible and affordable to every student. Here's everything you need to know about Ashoka University's financial aid!

Ashoka University has raised around 510 crore rupees through collective philanthropy that has helped more than 4500 students.

Here’s a quick overview of the scholarships:

NEED-BASED FINANCIAL AID

The university follows a need-based approach, meaning that the amount of aid you receive is based on your family’s financial situation rather than academic or extracurricular achievements.

A candidate’s ability to pay is assessed based on various financial resources available to their immediate family, including current income, savings, investments, and education loans, to finance the expected educational cost.

ELIGIBILITY FOR STUDENT LOANS

Every student who has the admission offer letter is eligible to apply for this aid.

All they have to do is fill the Financial Aid Form

The main sections of this form include:

1. Personal and Family details section

2. Earning members and business/professional details section

3. Wealth and expenses section

4. Comment section

The financial aid office goes through the forms and details of every applicant and the university provides waivers ranging from 25% on tuition fees to 100% on tuition fees and accommodation depending on the needs and conditions of the applicant.

Visit the GuidEx site for more details or if you need any assistance with student loans while filling the form. Also, you can get a copy of the financial aid form on this site! You can also check out a summary of the details here.

MERIT-CUM-MEANS SCHOLARSHIP

Apart from the need based financial aid, the university also offers a merit-cum-means scholarship for remarkable students who intend to major in any of the following:

Physics
Chemistry
Biology
Mathematics
Computer Science

A total of 25 scholarships are awarded:

Aim to join the top tier? Perfect your profile with GuidEx’s step-by-step support.

Eligibility Criteria:

Any one of the following academic Cut-Offs based on Class XII Board Marks or National Entrance Tests:

*Approval awaited from National Testing Agency

Family income of less than 40 Lacs p.a. (pre-tax) for Financial Year.
Statement Of Purpose (SOP) for studying the intended Science major at Ashoka.

There is a thorough application procedure that must be followed to apply for the merit-cum-means student loans scholarship. Also, after getting the scholarship, there is an expected academic performance that the student must maintain. Get all the insights—explore our site for more information!

ROSY-BLUE FOUNDATION MERIT-CUM-MEANS SCHOLARSHIP

Rosy-Blue Foundation has partnered with the Ashoka University to offer a merit-cum-means scholarship for exceptional undergraduate students.

Rosy Blue Foundation will provide scholarships for two incoming, first year, full-time undergraduate students for 3 years or 4 years, depending on the duration of their degree programme at Ashoka University.

APPLICATION PROCESS:

After getting the scholarship, the candidates will have to fulfill certain expected criteria for the continuation of the scholarship. Reach out to our expert mentors for a free consultation in case you need any help in the application process.

With so many options available, your financial condition will never be a road blocker in your academic journey. Ashoka University is determined and committed to helping students receive the best education and not letting their finances be a hindrance. Today almost 47% of students on campus are on financial aid. Though the merit-cum-means scholarship and the Rosy-Blue Foundation Merit-Cum-Means Scholarship have certain eligibility criteria, the need-based financial aid is open for everyone who is admitted to the university.

Here’s what one of the beneficiaries of the financial aid offered by Ashoka University wrote:

Don’t let financial concerns stand in the way of your dreams. Discover how Ashoka University’s Financial Aid can help you say goodbye to student loans and open doors to a brighter future. Uncover all the opportunities waiting for you and get personalized insights for free—reserve your no-cost consulting session with GuidEx today!