Ashoka University has a firm conviction in delivering a top-notch education to a diverse group of students, regardless of their socio-economic background, caste, ethnicity, or religious beliefs. Through its Need-based Financial Aid Philosophy, Ashoka University has empowered more than 4100 students to transform their aspirations into reality by providing scholarships worth INR 418 crores, sourced through collective philanthropy. Moreover, Ashoka University extends Merit-Cum-Means scholarships for students interested in majoring in Physics, Chemistry, Biology, Mathematics, or Computer Science. To date, Ashoka University's scholarship program has positively impacted over 4500 students, with 47% of students on campus receiving financial aid. Since Ashoka University was established, it has committed an impressive amount of INR 511 Crores towards Financial Aid.
- Ashoka University - Chancellor's Merit Scholarship
- Ashoka University - Need-Based Financial Aid
- Ashoka University - Need-Based Financial Aid Guidelines
- Ashoka University - Required Documents for Need-Based Financial Aid
- Ashoka University - Merit-Cum-Means Scholarships
- Ashoka University - Merit-Cum-Means Scholarship Eligibility Criteria
- Ashoka University - Merit-Cum-Means Scholarships Application Process
- Ashoka University - Financial Aid at UG & PG Level
Ashoka University - Chancellor's Merit Scholarship
Ashoka University proudly introduces its Chancellor's Merit Scholarships for the Young India Fellows, separate from the University’s Need-based Financial Aid program. This scholarship opportunity grants full coverage of tuition and registration fees for ten candidates admitted to the Young India Fellowship Class of 2025. Candidates are evaluated and shortlisted based on academic, non-academic, and/or professional excellence, as well as their performance during the comprehensive selection process. The YIF Admissions Committee oversees the interview process for the Chancellor's Merit Scholarship. In the YIF Class of 2024, 12 fellows were recipients of the Chancellor’s Merit Scholarship.
Ashoka University - Need-Based Financial Aid
Ashoka University’s Need-Based Financial Aid is designed to bridge the gulf between the cost of the program and the financial capacity of the candidate or their family/guardian. Ashoka University has joined hands with several institutions that extend educational loans to students, supplementing their need-based financial aid.
Ashoka University - Need-Based Financial Aid Guidelines
The financial aid form is made accessible once in each round for a duration of one week. Candidates have a one-time opportunity to submit the financial aid form, and requests made post-receiving an offer of admission will not be entertained. Candidates need to properly plan and equip themselves with the necessary documents within the short interval between the announcement of their shortlisting status and the opening of the Financial Aid form to avoid wasting precious time. Documents can be submitted in PDF/JPG format with sizes under 2MB and a minimum resolution of 200 DPI.
Ashoka University - Required Documents for Need-Based Financial Aid
Document Type | Description |
Income Tax Returns | Last 3 years for FY 2021-22, 2022-23 and 2023-24 |
Bank Account Statements | Last 12 months |
Salary Statements | Last 3 months |
Loan Statements | If a loan expense is shown |
Asset and Liability Details | Details of the family’s financial assets, such as investments, real estate, vehicles, etc. and any loans or mortgages |
Additional Documents | For business families and professionals - Financial Statements for FY 2021-22, 2022-23 and 2023-24 (last 3 years) including P&L Statement, Balance Sheet & Form 26AS. Further, Details of main expenses (only information is required) |
Haryana Domicile Certificate | For Haryana Residents |
Ashoka University - Merit-Cum-Means Scholarships
Ashoka University also provides Merit-Cum-Means Scholarships for deserving and meritorious UG students intending to major in Physics, Chemistry, Biology, Mathematics, or Computer Science. In addition to the available need-based financial aid, Ashoka University renders 25 scholarships, wherein five recipients receive a 100% waiver on Tuition and Residence, and the remaining twenty receive a 100% waiver on Tuition Fee. For availing this scholarship, a candidate's Annual Family income must not surpass INR 40,00,000 (pre-tax). To ensure the continuity of the scholarship to the subsequent academic year, the candidate must maintain a minimum CGPA of 3.5 each semester.
Ashoka University - Merit-Cum-Means Scholarship Eligibility Criteria
Ashoka University extends its Merit-Cum-Means Scholarship to students who achieve specific academic cut-offs based on their Class XII Board Marks or scores on National Entrance Tests.
Ashoka University - Merit-Cum-Means Scholarships Application Process
Candidates meeting the aforementioned eligibility criteria are invited to apply for a Merit Scholarship. The application form is accessible for five days, and candidates are required to submit a Statement of Purpose (SOP) form, along with the most recent Income Tax Return of their parents/guardians. Following an assessment of the family income and quality of the SOP, the scholarship committee shortlists candidates eligible for the scholarship. Shortlisted candidates may be asked to appear for a personal interview. Candidates are then granted the scholarship based on their overall performance.
Ashoka University - Financial Aid at UG & PG Level
As per the available data, Ashoka University has supported nearly 47% of UG students, who have received some form of financial grant. Of these, 61% have received partial tuition waivers, while 39% have received a minimum of 100% Tuition waiver or more (Hostel/Meals). In the case of the MA Economics Programme, the university has supported approximately 55% of students with some form of financial grants. Meanwhile, 47% of these students have received partial tuition waivers, while 53% have received a minimum of 100% Tuition waiver or more (Hostel/Meals). The Financial Aid granted for the MA English Program at Ashoka University ranges from a 25% waiver on the Tuition Fee to a 100% waiver on the Tuition Fee, Residence and Meals Costs.