MERIT SCHOLARSHIP (NEW ENTRANTS)

Pearl Academy has instituted Merit Scholarship (new entrants) to be awarded to 25 Top Performers of Admission Cycle-1 (January 2016).

This Merit Scholarship (new entrants) will be awarded as under:

  • Based on overall performance in the Entrance Examination (Written Test & Personal Interview)
  • Waiver of 25% Tuition fee for the first year only
  • Applicable only to Regular UG BA (Hons.) Degree and PG Diploma courses
  • Applicable to Normal category applicants only

MERIT-CUM-MEANS SCHOLARSHIP (NEW ENTRANTS) – 2016

Pearl Academy awards Merit-cum-Means Scholarship to new entrants (all centers) in regular UG / PG / Masters Programs at the time of admission, for first year only, to attract meritorious students with limited means to benefit from world class education in Art, Design & Fashion offered at the Academy.

The Merit-cum-Means Scholarship (new entrants) provides partial waiver of tuition fee to a maximum of 10% of new entrants.

Merit-cum-Means Scholarship waives payment of Tuition Fee only for the current Academic Year (First Year only) in the following categories:

a. Category 1: 50% waiver of Tuition fee

b. Category 2: 25% waiver of Tuition fee

Merit Criterion:

  1. For UG applicants – Performance in 10th/Pearl entrance exam/personal interview/studio test.
  2. For PG applicants – Performance in 12th/Pearl entrance exam/personal interview/Studio Test.

Means Criterion:

  1. Annual gross parental/family income from all sources – maximum Rs. 4,50,000 (criteria as per Govt. of India notification).

Additional Weightage:

  1. Wards of single parents.

Prescribed Scholarship Application Forms with detailed eligibility criteria are available in all Pearl Centers, uploaded on the Pearl website (www.pearlacademy.com) and also available along with the Application Kit.

All eligible students fulfilling the above criteria and desirous of availing Merit-cum-Means (new entrants) Scholarships should submit their scholarship application along with their ‘Application Form for Admissions 2014’ supported by attested copies of all requisite documents.

Merit-cum-Means scholarship will be continued for subsequent years, on the condition that the student fulfills eligibility conditions/criteria of annual gross parental/family income and academic performance (as notified from time to time). All eligible students desirous of availing Merit-cum-Means Scholarship (new entrants) are required to submit fresh applications every year along with attested copies of requisite documents.

*Note – Applicants interested for Merit-Cum-Means Scholarship are requested to go through the Scholarship policy available in the prospectus/website and submit the Merit-Cum-Means Scholarship Application Form (Annexure-III) along with required documents.

Note:

  • A student will be eligible for award of any one type / scheme of Scholarship in a given Academic Year.
  • Decision of the Academy’s Scholarship committee will be final & binding.

SCHOLARSHIPS FOR EXISTING STUDENTS

MERIT SCHOLARSHIP (COURSE TOPPERS)

Merit Scholarship (Course Toppers) will be awarded annually to students who have topped (1st rank) their respective cohorts, subject to class size of minimum 30 students.

Merit Scholarship (Course Toppers) is subject to: –

  1. Course Topper achieving the minimum prescribed standards of achievement (Higher Second Class in UG/First Class in PG/Commendation in Masters Program – i.e., min. 60%).
  2. Awardee maintaining the minimum prescribed aggregate attendance.
  3. No disciplinary proceedings against the awardee.

Merit Scholarship for the Course topper is subject to achieving minimum prescribed standard of achievement (Higher Second Class in UG/ First Class in PG/ Commendation in MA).

In case of class strength is below 30, the Merit Scholarship will be awarded to the Topper (1st Rank) subject to achieving [UG – minimum 70% marks, i.e., First Class and PG – Distinction].


INDUSTRY SCHOLARSHIP

There are a few scholarships, sponsored by reputed companies, for deserving students enrolled in regular UG/PG/MA Programs, who lack adequate financial means but have demonstrated a strong academic performance.

Only students within prescribed annual gross parental/family income of Rs. 4,50,000 from all sources are considered for grant of Industry Scholarships.

Full & Half Scholarships are declared based on the corpus available each year. Industry Scholarship will be awarded based on academic performance of the applicants in each program/cohort as under:

  1. i. Full scholarships to be granted to students who secure between First to Fifth rank (20% of cohort/batch) in their cohort.
  2. Part scholarships to be granted to students who are ranked below 5th position (below 21% of the cohort) up to a rank equivalent to 50% of the cohort.

Eligible Pearl students fulfilling the eligibility conditions/criteria of annual gross parental/family income and academic performance (as notified from time to time), after completion of their first year (Level 1 in UG and Year 1 in PG/MA), desirous of availing Industry Scholarship (Merit-cum-Means), are required to submit applications along with all supporting documents by 1st week of August, as notified.

The Merit-cum-Means (Industry Scholarship) will be awarded for one year only (Year-2 onwards), and a fresh application must be made for every subsequent academic year.

The Merit-cum-Means (Industry Scholarship) will be awarded for one year only (Year-2 onwards), and a fresh application must be made for every subsequent academic year.

Note:

  • A student will be eligible for award of any one type / scheme of Scholarship in a given Academic Year.
  • The scholarship amount will be adjusted against student fees. No cheque will be issued.