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The Indian School of Business (ISB) has announced the doubling of its scholarships to Rs 8 crore from Rs 4 crore for the incoming class of 2013. With this, one in every seven students will receive scholarships of 25-50 per cent of the total tuition fee.
According to a press release, the scholarships would be awarded on both merit and financial need basis to outstanding students selected on the basis of exceptional academic and professional performance as well as personal qualities, including leadership, integrity, and community service.
In addition to these scholarships, students who aspire to start their own ventures also get support through the ‘Develop India' scholarship. These scholarships are offered to aspiring entrepreneurs whose ideas are being incubated under the Entrepreneurs Development Initiative (EDI) at the Wadhwani Centre for Entrepreneurship Development (WCED) of the ISB. The scholarships cover the students' loan EMI amount up to a period of two years.
Apart from the ISB scholarships, several organisations such as Citi Foundation, Novartis, IBF, Talentia, La Caixa and Casa Asia provide a wide array of merit and need-based scholarships to the ISB students.
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