Plaksha University Mohali, Punjab Scholarships

Plaksha University Scholarships 2025

Plaksha University offers a variety of scholarships for the academic year 2025, catering to students with exceptional merit and those in financial need.

Need-Based Financial Aid : The need-based financial aid given by Plaksha University is assessed solely on the basis of the applicant’s family’s financial standing. It will will bridge the gap between the parents’/students’ affordability and the cost of education at Plaksha.

It is not based on scholastic merit, sports qualifications or any non-financial factors. 

Only applicants shortlisted for the admissions interview can apply for need based scholarships using a separate application form. Financial aid may vary from 25% to 100% on tuition and residence costs.

In case of salaried families, financial aid is available if family income is below Rs 50 lakh per annum. The financial aid slabs are given below.

*Financial aid % is indicative and subject to the final decision of the Financial Aid committee.

Merit Scholarship: Merit scholarships are awarded on the basis of the applicant’s academic, co-curricular, and extra-curricular achievements, as well as on their performance in the admissions process. The scholarship amount varies from 25% to 100% on tuition fees. 

Process – All applicants who appear for the admissions interview are considered for a merit scholarship by default. There is no separate application for the same. The scholarship will apply to the full period of enrolment and will be contingent on the continuous fulfilment of a minimum GPA (Grade Point Average), which will be specified at the beginning of the year, and maintaining good conduct at the program.

In addition to these, several named scholarships are offered:

• Bharti Scholarship: Bharti Scholarship is a highly prestigious scholarship awarded to exceptional students from diverse socio-economic backgrounds to pursue full-time undergraduate studies at the upcoming Plaksha University. Set up by the Bharti Foundation, the aim is to help the youth to realise their potential and pursue their dreams. Women are encouraged to apply for this scholarship. Upto 20 students will be awarded scholarships.

• Axis Bank Scholarship: Axis Bank Scholarship aims to support deserving candidates from diverse socio-economic, gender and geographical backgrounds, pursuing full-time undergraduate programs. Set up by Axis Bank, the scholarship seeks to enrich the talent pool that would be joining the workforce or going for higher education in the STEM domains.

• College Board India Scholars Program: Top Performers who demonstrate significant financial need, defined as family income less than INR 8,00,000 per annum, are eligible to receive a full tuition scholarship for the entire duration of their program of study Plaksha. Students in India who score 1300 or above on the SAT® will be recognised as Top Performers by the College Board at the end of April on an annual basis.

• Ayyalasomayajula Lalitha Scholarship Fund: The ‘Ayyalasomayajula Lalitha’ Scholarship Fund (“the Scholarship Fund”) seeks to provide financial aid to deserving women students from a less privileged background pursuing full-time postgraduate programs at Plaksha University. This scholarship fund is instituted and initially supported by the A.T.E. Chandra Foundation (ATECF) .

Education Loan

Plaksha University is committed to making top-quality education more affordable by collaborating with several organisations, banks, and financial institutions to offer education loan options for students. It is important to note that the university’s role is limited to helping students access these loans, without any direct responsibility or obligation. Students should reach out to the banks directly to get the latest information on interest rates and loan conditions. Loan and contact details are given below.

Axis Bank has customised the education loan for students taking admissions to Plaksha.

• No prepayment/foreclosure charges
• Collateral-free loan option available
• Tax benefit on interest paid under Sec-80(E)

Propelld is a fintech platform that goes beyond traditional CIBIL scores and income parameters to approve loans for students, taking into account the student’s educational proficiency.

• Principal Moratorium for course duration
• Competitive ROI to Banks and private players
• Step-up low cost EMIs as per the semester schedules 
• Approval to all segments of customers