SCHOLARSHIP POLICY

Mount Carmel College, Karukadom is a non-profit motive self financing institution under the management of Carmel Nivas Society, Karukadom attached to the O. Carm. Fathers, a religious congregation of the Catholic hierarchy, head quartered in Rome. It had been established in 2012 with the prime objective of providing quality higher education to the promising youngsters of our country, without any social discrimination. At the same time, the College management is fully aware of the social and economic disparities that exit in the country. Therefore, the College is sensitive to the economic hardships that the students are subjected to. To address such problems, the College introduces certain schemes by which students of different strata get financial assistance in the form of scholarships and freeships of varying nature.

Carmelite Educational Scholarships

Under the scheme Carmelite Educational Scholarships, a limited number of scholarships will be made available to the students who obtain admission in the College with higher marks in the qualifying examinations. The intention of the scheme is to promote the learning levels of students who pursue their studies at Mount Carmel College, Karukadom. The scheme is governed by the following guidelines.

  1. This scholarship scheme comes into effect with the admission process of academic year 2020- 2021.
  2. The scheme covers both UG and PG programs.
  3. The eligibility criterion for scholarships is merit cum means.
  4. The scheme applies to the students admitted in the college w.e.f. academic year 2020-2021, irrespective of the quota of admission.
  5. The number of scholarships available in each programme is limited (i.e., UG-08; PG-04).
  6. The candidates for the scholarships should have obtained minimum 75% marks in the respective qualifying examination in the case of UG programmes and 70% marks in the case of PG programmes.
  7. The annual family income of the student concerned shall not exceed Rs. 200000.
  8. The selection for the scholarship will be done on the basis of application submitted by the student in the prescribed format, when called for.
  9. The selection will be done by a committee constituted for the purpose. 10. The amount of the scholarship will not be less than Rs. 2000/- in each semester. (The actual amount varies in accordance with the prevailing interest rates.) 11. The scholarships will be distributed in a public function, arranged for the purpose in each semester.
  10. The continuance of the scholarships to the succeeding semesters will be subject to an assessment by the scholarship committee, primarily on the basis of progress in studies, good conduct and character of the student concerned.
  11. In case the scholarship awardee discontinues his/her studies, he/she is bound to refund the entire amount received, prior to obtaining the Transfer Certificate.

Carmelite Educational Freeships

In due deference to the hard realities existing in our country, we do understand that academic excellence cannot be taken as the only criterion for providing financial assistance to the aspiring students. Therefore, the institution deems it appropriate to provide fee concessions to economically disadvantaged students. The scheme is governed by the following guidelines.

  1. The scheme covers all students who are on the rolls of the institution.
  2. The quantum of financial assistance provided to a student will be decided by the committee constituted for the administration of scholarships and freeships.
  3. In any case, the quantum of financial assistance shall not exceed 50% of the tuition fees in a semester
  4. The application for freeship shall be submitted by the Tutor of the class in which the student concerned studies, with due recommendation from the Head of the Department.
  5. The award will be on a semester basis; i.e., if a student to get freeship for the subsequent semesters, separate application has to be submitted by the Tutors concerned.
  6. The Tutor concerned is required to make an objective enquiry into the financial and family circumstances of the student so recommended, and submit a report to the Committee.
  7. The number of freeships awarded in each semester shall not exceed 10 in the whole College.
  8. The selection for the freeships shall be done by the committee constituted for the purpose, convened in each semester.
  9. The award of freeship will be subject to an assessment by the committee, primarily on the basis of progress in studies, good conduct and character of the student concerned.
  10. The freeship can be availed only along with the remittance of the remaining part of the fees by the student. 11. The parent of the student concerned is required to visit the Financial Administrator and affix his/her signature for the receipt of the freeship. 12. In case the freeship awardee discontinues his/her studies, he/she is bound to refund the discounted amount, prior to obtaining the Transfer Certificate

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