Finolex Academy of Management and Technology - [FAMT], located in Ratnagiri, Maharashtra, provides a variety of scholarship opportunities to ensure higher education is accessible for students from different backgrounds. These include merit-based, need-based, and fee waiver schemes, with dedicated programs for women, economically weaker sections, and underrepresented categories. FAMT aims to recognize both academic excellence and genuine financial need, supporting a diverse campus community.
- Finolex Academy of Management and Technology - [FAMT] Scholarships Overview
- Finolex Academy of Management and Technology - [FAMT] Eligibility
- Finolex Academy of Management and Technology - [FAMT] Required Documents
- Finolex Academy of Management and Technology - [FAMT] Application Process
- Finolex Academy of Management and Technology - [FAMT] Scholarship Details
- Finolex Academy of Management and Technology - [FAMT] Additional Notes
Finolex Academy of Management and Technology - [FAMT] Scholarships Overview
Scholarships at FAMT are intended to reduce financial barriers, acknowledge student achievement, and promote inclusive higher education. Benefits can range from partial to substantial tuition waivers, living allowances, and specific support for underrepresented groups.
Merit-based waivers (board/CUET/entrance scores)
Need/EWS-based support (income thresholds)
Category-based (domicile, single girl child, sports, defense wards, alumni)
Finolex Academy of Management and Technology - [FAMT] Eligibility
Most scholarships at FAMT are awarded based on transparent and defined eligibility norms. These typically assess academic performance (such as 10+2 or graduation marks, entrance exam ranks), annual family income thresholds (often below INR 8 lakh for EWS/need-based awards), specific category status (such as SC/ST/OBC/domicile), and participation in sports at recognized levels or proof of being a ward of defense/paramilitary personnel. For merit awards, maintaining above-average percentiles or marks (usually 60% or higher) is expected; for others, certified documents confirming status or achievements are needed.
Finolex Academy of Management and Technology - [FAMT] Required Documents
To process a scholarship application, students are usually required to submit original and photocopies of essential documents. Having these ready in advance helps streamline the approval process.
Mark sheets of qualifying exams (10th, 12th, degree as applicable)
Domicile or category certificate (SC/ST/OBC/SBC/VJ/NT, etc.)
Income certificate issued by a competent authority
Entrance exam scorecard/rank proof
Recent passport-sized photographs
Finolex Academy of Management and Technology - [FAMT] Application Process
Eligible students must apply for scholarships within the notified window, typically starting at the time of admission or soon after the semester begins. Applications are routed through the college’s admission office or online portal, in line with state or national scholarship schemes. Submitting all required documents before the deadline is crucial for consideration. Seat-limited or quota-based awards are distributed on a first-come, merit-cum-need basis or as per government guidelines.
Finolex Academy of Management and Technology - [FAMT] Scholarship Details
The following table summarizes the key scholarship schemes available at FAMT Ratnagiri, their main eligibility conditions, and the typical benefits provided. Final disbursal is subject to document verification, government policy, and seat availability.
Scholarship Name | Eligibility Criteria | Benefit | Notes (if any) |
Dr. Panjabrao Deshmukh Vastigruh Nirvah Bhatta Yojna | Children of registered farmers or students whose parents' annual income is up to INR 8 lakh; applicable to Maharashtra domicile students | Hostel/living allowance of INR 8,000–30,000 per year | Mainly for rural/agricultural students seeking accommodation away from home |
Pragati Scholarship Scheme (AICTE) | Female students in 1st year of technical/professional course; family income less than INR 8 lakh per annum | Up to INR 50,000 per annum | Limited seats; preference to merit |
Saksham Scholarship Scheme (AICTE) | Students with disabilities (PwD) with family income below INR 8 lakh; admission in technical course | Up to INR 50,000 per year | For physically challenged students only |
Government of India Post-Matric Scholarship | SC/ST/OBC/VJNT/SBC category students, income limits as per central norms | Tuition fee reimbursement/maintenance allowance | Income slabs and verification apply |
Minority Scholarship (State/Central) | Muslim, Sikh, Christian, Buddhist, Jain, Zoroastrian students; income up to INR 8 lakh | Partial or full tuition fee reimbursement | Maharashtra domicile; requires minority certificate |
University of Mumbai Scholarships (Merit/Means/Domicile) | Top scores or financial need; open to enrolled students | Tuition waivers or cash awards; variable | As per annual university announcement |
Finolex Academy of Management and Technology - [FAMT] Additional Notes
For most scholarships, renewal depends on maintaining a minimum CGPA (typically above 6.0/10), regular attendance, and good conduct. Some schemes cannot be combined (duplication of benefit is restricted). Many scholarships are subject to yearly quotas or income/merit cut-offs established by the government or institute. Always refer to official circulars for the current year and ensure all details are completed accurately to avoid disqualification.