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LOAN & SCHOLARSHIP

How You Can Finance a College Degree


College costs go beyond tuition. Books, housing, meals and other expenses contribute to the extraordinary cost of higher education. Pre-planning sets the stage for university education, but not every student has a college fund to draw from. For most college students, financial aid is an essential part of getting an education. As college looms on the horizon, consider three primary sources of funding: Scholarships, grants and loans.

Scholarships are usually earned through performance and achievement. For those who excel in high-school, academic and athletic success is rewarded with money for college. Scholarship money does not require repayment, so accomplished students should tap every resource available. Combination scholarships require students to stand out from their peers in more than one way. Exceptional athletes who also do well in school are rewarded on both fronts, as scholar-athletes. Student-citizens who actively participate in community affairs receive scholarships that acknowledge their efforts. Other traits like ethnic heritage, gender and financial need are used to determine eligibility for some special scholarships.

Student loans originate from government agencies and private sources. Loans require repayment, so low-interest federally subsidized options provide attractive financing for students. Your best approach to harnessing the education loans you need is to apply for federal financial aid.


How to Apply for a Scholarship

There are a number of scholarships available for students.

  1. Prerana Scholarship (For SC/ ST/ OBS students)
  2. Medhabruti Scholarship (For students having above 55 % in 10th and 12th.
  3. Other state scholarships (For students of Bihar, Jharjhand etc. e.g. E-Kalyan)


The scholarships normally come from October to December. There is a separate cell for that at Room No. 401.


Scholarships Offered by Our Institute:

a. B-Tech

Category

Marks in 12th standard

Amount waiver

A

More than 90%

68000

B

More than 85%

51000

C

More than 80%

34000

D

More than 75%

17000

*Continuation of Fees waiver subject to attendance percentage of 80 and Securing CGPA of more than 9.0, 8.75 8.5 & 8.0 respectively for A, B C & D category.
**The scholarship is applicable to the students passed from CHSE, CBSE &I CSE board only.


b. MCA

Category

Marks in graduation level

Amount waiver

A

More than 70%

10000

*Continuation of Fees waiver subject to attendance percentage of 80 and Securing CGPA of more than 7.5 in subsequent semesters.
**The scholarship is applicable to the students passed from Universities of Odisha only.


c. MBA

Category

Marks in graduation level

Amount waiver

A

More than 70%

10000

*Continuation of Fees waiver subject to attendance percentage of 80 and Securing CGPA of more than 7.5 in subsequent semesters.
**The scholarship is applicable to the students passed from Universities of Odisha only.


d. Diploma

Category

Marks in 10th standard

Amount waiver

A

More than 90%

26000

B

More than 85%

19500

C

More than 80%

13000

D

More than 75%

6500

*Continuation of Fees waiver subject to attendance percentage of 80 and Securing%age of more than 90,85,80 &75 respectively for A, B C & D category.
**The scholarship is applicable to the students passed from CHSE, CBSE & ICSE board only.


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Parent Testimonials

  1. My daughter made me feel proud when she informed me about her placement in TCS. I am taking this opportunity to thank Gandhi Institute for Technology for helping my daughter to achieve her dreams.
    -Babru Bahan Bhoi-
  2. I would like to thank GIFT for supporting my daughter and helping her to achieve her dream. Students are stressed during the time of interviews but the GIFT pre-placement session helped her to crack the actual job interview.
    -Mahesh Das-
  3. Our son got the best place to pursue B.Tech as we have always wished our son to graduate from a place which has excellent faculties and friendly and hygienic campus environment. We are highly grateful to GIFT College and we extend our warm and sincere thanks for gifting our son a wonderful and successful career ahead.
    -Prasanta Kumar Mishra-

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