School of Management SASTRA Scholarships 2026: Eligibility, Benefit & Application

School of Management SASTRA offers numerous scholarships in order to cover academic and living expenses. It offers merit-based rewards and need-based assistance so that a wider group of students can benefit from it. SASTRA Dean’s Merit scheme offers the top 10% of each batch every semester 40% and 20% fee concessions based on rank. Those who maintain at least 90% attendance and a 7.5 CGPA also receive a hostel scholarship of INR 16,000.

In addition, selected MBA students are eligible for the TATA Housing Grant of INR 60,000 per year, while wards of Air Force personnel may receive up to a full fee waiver with boarding support. Students can apply for central and state schemes through the National Scholarship Portal.

Students enrolled in SASTRA university's programme are also eligible to various government scholarship schemes such as AICTE scholarship, NSP scholarship scheme, Single-girl child scholarship, etc. The applicant must satisfy annual income and other educational eligibility prescribed by the respective funding body.

School of Management SASTRA Scholarship Schemes

School of Management SASTRA offers numerous merit-based and need-based scholarships to its meritorious students. The Dean’s Merit scheme rewards the top 10% of students each semester, offering 40% fee concession for the top 3% and 20% for the next 7%.

SASTRA hostel scholarship supports disciplined and academically strong students with INR 16,000 reimbursement covering mess expenses. Support like the TATA Housing Grant provides INR 60,000 per year to MBA students from a civil engineering background. Additionally, wards of Air Force personnel can receive up to 100% fee waiver along with boarding support in special cases.

Other Scholarships Facilitated by School of Management SASTRA

Other than the above mentioned scholarships, the institute also supports some government-funded scholarship schemes as tabulated below. Eligible students can apply in accordance with the institute’s scholarship cell.

School of Management SASTRA Scholarship Amount & Benefits

SASTRA Scholarship amounts are structured to reduce the semester-wise burden rather than offering a one-time cash prize to the students.

Semester Concessions: The Dean’s Merit scholarship is applied directly as a fee waiver for every subsequent semester.

Hostel Relief: The Hostel scholarship focuses on reimbursing the mess bill covering nearly 4 months of dining costs for meritorious residents of School of Management SASTRA.

External Integration: SASTRA is integrated with the National Scholarship Portal (NSP), allowing students to claim Post-Matric (SC/ST/OBC) and Central Sector Schemes which can benefit a student from INR 10,000 to INR 30,000 annually.

School of Management SASTRA Scholarship Application Process

The School of Management SASTRA Scholarship Application Process is not complicated. For the Dean’s Merit scholarship, students don’t need to apply separately. It’s handled automatically based on semester results. Whereas, SASTRA hostel scholarship needs a basic application along with proof of eligibility like attendance and marks. For government scholarships, students have to apply through the NSP portal and submit required details. Once the college verifies everything, the approved amount is sent directly to the student’s bank account.

Dean’s Merit Scholarship

Dean’s Merit Scholarship is one of the main academic scholarships offered to top-performing MBA/Management students.

How it works:

Step 1: Students don’t need to apply for this scholarship. Once semester results are declared, the Registrar’s office prepares a merit list.

Step 2: Based on performance, students are divided into two groups:

• Group 1: Top 3% get a 40% fee waiver (Tier 1)
• Group 2: Next 3% to 10% get a 20% fee waiver (Tier 2)

Step 3: Dean’s office checks if the student has any disciplinary issues or unpaid fees before finalising.

Step 4: The final list of selected students is shared on the official SASTRA scholarship portal. Scholarship amount is not given in cash. It is adjusted in the next semester’s tuition fee.

Hostel Scholarship

Hostel scholarship gives INR 16,000 support for mess expenses to its residents.

How to apply:

Step 1: Make sure you are eligible for this scholarship:

• At least 90% attendance
• Minimum 7.5 CGPA
• No disciplinary issues or hostel violations

Step 2: Download the Hostel Scholarship form from the official SASTRA website during the application period ( between January and March).

Step 3: Get a No-Dues clearance from both the Hostel Warden and the Finance Office.

Step 4: Submit the application form along with your marksheet and fee receipts to the Hostel Administrative office.

Government Scholarships

Government scholarships are provided by the Central or State Government, such as Post-Matric or category-based schemes.

How to apply:

Step 1: Register on the official National Scholarship Portal (NSP) portal or State portal using bank-linked Aadhaar number.

Step 2: Select the scholarship scheme that suits your category and income criteria.

Step 3: After applying, inform the college’s scholarship officer to verify your details.

Step 4: Submit a printed copy of the application along with required documents to the scholarship office.

Step 5: After final approval, the money is sent directly to aadhar-linked bank account.

School of Management SASTRA Scholarship Documents Required

Students who want to avail the benefits of School of Management SASTRA Scholarship amount, need to submit these documents at the time of application and final document verification.

School of Management SASTRA Scholarships FAQs