Scholarship/Financial Aid/Bank Loan

Asha Jyoti Scholarship is the merit cum means-based scholarship given by NSHM that is assessed solely based on your family’s financial standing and Past Academic Performance. Asha Jyoti is offered to students seeking admission in undergraduate & postgraduate courses.

Asha Jyoti Scholarship was started in the year 2010 and over the last 13 years, more than 3000 students have been awarded scholarship worth over 15 crores.

SI Type of Scholarship Eligibility – Academic Eligibility – Others
For UG Courses: Class X Marks For PG Courses: XII Marks
1 Merit 70% 60%
2 Means 60% 50% Yearly Family Income < Rs. 5 L
3 Special Category 50% 45% Differently Abled Student
50% 45% Sports – Students with state-level medal/trophy/certificate
50% 45% Wards of Teachers/Defence Professionals/Single Mothers
This scholarship is available only for students taking admission in the round one admission cycle (up to April 30, 2024) 

How to apply for Asha Jyoti Scholarship

  • To apply for the scholarship, you must fill up the NSHM application form.
  • Fill up the essential scholarship information on the NSHM application form.
  • The scholarship will be awarded to the selected applicants only, who will be chosen by the NSHM scholarship committee.

Scholarship / Bank Loan

  • Asha Jyoti Scholarship
  • National Scholarships
  • Regional Scholarship
  • My NSHM Fee Waiver
  • Bank Loan

Asha Jyoti Scholarship

Asha Jyoti Scholarship is the merit cum means-based scholarship given by NSHM is assessed solely based on your family’s financial standing and Past Academic Performance. Asha Jyoti is offered to students seeking admission in undergraduate & postgraduate courses.

Asha Jyoti Scholarship was started in the year 2010 and over the last 13 yrs, more than 3000 students have been awarded scholarship worth over 15 crores.

SI Type of Scholarship Eligibility – Academic Eligibility – Others
For UG Courses: Class XII Marks For PG Courses: Graduation Mark
1 Merit 70% 60%
2 Means 60% 50% Yearly Family Income < Rs.5 L
3 Special Category 50% 45% Differently Abled Student
50% 45% Sports – Students with state-level medal/trophy/certificate
50% 45% Wards of Teachers/Defence Professionals/Single Mother
This scholarship is available only for students taking admission in the round one admission cycle ( up to March 31, 2024) 

How to apply for Asha Jyoti Scholarship

  • To apply for the scholarship, you must fill up the NSHM application form.
  • Fill up the essential scholarship information on the NSHM application form.
  • The scholarship will be awarded to the selected applicants only, who will be chosen by the NSHM scholarship committee.
Scholarship Name Provider Name Category Eligibility Criteria
PRAGATI SCHOLARSHIP Girls Scholarship/Contingency is awarded to meritorious girls taking admission in AICTE approved Technical institution at Degree/ Diploma. Total 10000 scholarship are given @ Rs 50000 as incidentals each year.
SAKSHAM SCHOLARSHIP Differently abled students Scholarship/Contingency is awarded to Differently abled students taking admission in AICTE approved Technical institution at Degree/ Diploma. Scholarship given @ Rs 50000 as incidentals each year.
National scholarship Minority Scholarship will be awarded to the students who have secured more than 50% marks in the previous final examination and annual income of their parents/guardian from all sources does not exceed Rs. 1.00 lakh.
EWS Scholarship For all (1) All Indian citizens enrolled in the 11th and 12th grades are eligible to apply for the scholarship.
(2) Students must possess a certificate from the state or central board’s 10th standard board examination.
(3) The applicant must obtain at least 50% on the board exam.
(4) The family income of the applicant should not exceed INR 6 lakh annually.
(5) The candidate must continue their regular education through the 11th or 12th grade. Students who attend open or private schools are not eligible.

 

State:-Bihar

Scholarship Name Provider Name Category Eligibility Criteria
ST-Post Matric Scholarship, Bihar Backward and Extremely Backward Class Welfare Department, Government of Bihar For BC/EBC
  • The students studying at the post-matriculation level (class 11 to post graduation level) can apply for this scholarship.
  • They must have passed the last qualifying examination
  • The annual income of the family should be less than INR 1.50 Lakh.
  • They must not be in receipt of any other scholarship.
Post Matric Scholarship for SC Students, Bihar Backward and Extremely Backward Class Welfare Department, Government of Bihar For SC
  • The students studying at the post-matriculation level (class 11 to post graduation level) can apply for this scholarship.
  • They must have passed the last qualifying examination.
  • The annual income of the family should be less than INR 2.50 Lakh.
  • They must not be in receipt of any other scholarship.
Post Matric Scholarship for ST Students, Bihar Backward and Extremely Backward Class Welfare Department, Government of Bihar For ST
  • The students studying at the post-matriculation level (class 11 to post graduation level) can apply for this scholarship.
  • They must have passed the last qualifying examination.
  • The annual income of the family should be less than INR 2.50 Lakh.
  • They must not be in receipt of any other scholarship.
Combined Counselling Board (CCB) Scholarship, Bihar Combined Counselling Board For all
  • The students studying at the college/university level (pursuing diploma level, degree level or postgraduate level courses) can apply for this scholarship.
  • They must have passed the last qualifying examination with at least 40% to 50% marks.
Chief Minister Kanya Utthan Yojana for Graduation, Bihar Government of Bihar For Girls
  • The unmarried girl students of Bihar who have passed their class 12 examination from the Bihar School Examination Board can apply.
Chief Minister Kanya Utthan Yojana for Graduation, Bihar Government of Bihar For Girls
  • The girl students who have completed their graduation from a government recognised/deemed to be a university can apply.

MyNSHM Fee Waiver

In addition to being eligible for applying for Academic Scholarship & Financial Aid, the following are eligible for the MyNSHM Fee Waiver:

  • NSHM UG Student applying for a PG Program at NSHM Kolkata or Durgapur
  • Immediate Sibling of a current NSHM Student or Alumni
  • Children of NSHM Professors & all other Team-Members

The following documents will need to be uploaded to the Admission Application Form to avail the MyNSHM Fee Waiver:

For NSHM UG Students applying for PG Programs

  • NSHM Student ID Card
  • Latest University Mark Sheet

For Siblings of NSHM Students/Alumni

  • Proof of Relation – Birth Certificates & Aadhar Cards of both Applicant and NSHM Student/Alumni
  • Proof that sibling is a Student/Alumni of NSHM – NSHM Student ID Card and Graduation Transcript from University mentioning NSHM

For Children of NSHM Professors & Team-Members

  • Proof of relation – Birth Certificates & Aadhar Cards of both Applicant and NSHM Employee
  • Proof of NSHM Employee – Employee ID Card & ID Number


Please note if all supporting documents are not provided, scholarship cannot be processed and the candidate will be kept on waitlist.

Education Loan Financial Aid/Bank Loan

Leading Indian banks provide education loans to assist students in achieving their academic goals. A student loan with a payback period of up to 20 years begins with an interest rate of 7.00% per year ( Approx). Education loans for full-time or part-time courses can be used for both in-country and out-of-country higher education.

Some banks that provide educational loan

  • HDFC Bank Education Loan.
  • Axis Bank Education Loan.
  • Union Bank of India Education Loan.
  • IDBI Bank Education Loan.
  • State Bank of India Education Loan.
  • Punjab National Bank Education Loan.
  • ICICI Bank Education Loan. And more.

FAQs

Who can apply?

Can I get a 100% education loan?

Is Education Laon free of Interest?

What is the time requirement for processing education loan ?

Can I pre pay my loan?

Who can be the Co-applicant?

What is re-payment procedure?

Academic Scholarship

Merit Based Scholarship available for UG & PG Programs based on their Past Academic Performance.

For UG Applicants:

  • Original Transcripts of Class XII & Class X are mandatory.
  • For Diploma programs only Class X Transcript is mandatory.

For PG Applicants:

  • Original Transcripts from Undergraduate Program is mandatory.

For Lateral Entry:

  • Original Transcripts from Diploma Program is mandatory

To Maintain the NSHM Academic Scholarship, a 7 CGPA or above and minimum 75% attendance in every Semester is required.

How to Apply for Scholarship:

Email scholarship@nshm.com with the following:

  • Full Name of Student
  • Application Form Number
  • Scholarship Applied for (Academic or Financial Aid)
  • Program Name Applied for
  • Campus Applied at (Kolkata/Durgapur Campus)
  • All supporting documents as per the Scholarship Type.

Please note if all supporting documents are not emailed, scholarship cannot be processed and the candidate will be kept on waitlist.

Financial Aid

The merit cum means based scholarship given by NSHM is assessed solely on the basis of your family’s financial standing and Past Academic Performance.

For Applicants with Family Income <2.5lacs per year:

  • Family Income Certificate to be obtained from any “A1 Gazetted Officer.”
  • Original Class X,XII or UG Transcripts as applicable.

For Applicant with Family Income between 2.5 to 5 lac per year:

  • Original Class X,XII or UG Transcripts as applicable.
  • Income Tax Returns for the Financial Year 2017-18, 2018-19 & 2019-20 for your parents/earning members of the family.
  • Salary statements for the last 3 months of all parents/earning members.
  • Bank Account Statements for the last 12 months of all Parents/earning members of the family.
  • Details of the family’s Financial Assets (movable and immovable property, investments, etc)
  • For Businesses/Professionals : Income Tax Returns, Bank Statements, Financial Statements (Profit & Loss and Balance Sheet for the last three Financial Years) & Form 26AS

How to Apply for Scholarship:

Email scholarship@nshm.com with the following:

  • Full Name of Student
  • Application Form Number
  • Scholarship Applied for (Academic or Financial Aid)
  • Program Name Applied for
  • Campus Applied at (Kolkata/Durgapur Campus)
  • All supporting documents as per the Scholarship Type.

Please note if all supporting documents are not emailed, scholarship cannot be processed and the candidate will be kept on waitlist.