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Scholarship & Bank Finance
The SMS Institute of Technology, Lucknow

SMS Lucknow is introducing a scheme for Scholarship for the Session 2012 - 2013 to benefits the aspirant and talented students passing out (10 + 2).

The scheme is described below:

Sl. No. Percentage (10 + 2) Scholarship
1. 60 to 70% 10% of First year Fee
2. 70 to 80% 15% of First year Fee
3. above 80% 20% of First year Fee

Note:
The above % of marks are applicable to U. P. Board students Only.
The 5% marks should be added extra for the CBSE, ICSe and other Boards.
 
 
SMART Scholarship

SMART(SMS Mental Ability Recognition Test) is a talent hunt scheme organized by SMS at different 10+2 colleges in various places, in which winners will be entitled to the following scholarship :

The students getting 60% and above in SMART will get 10% of Total Course Fee as scholarship.

* Students are eligible to opt any one of the above scholarship schemes whichever is higher and this scholarship is only for 1st year.
 
 

Prof. Mukund Lal Scholarship (for Semester Toppers)

SMS has system of providing adequate scholarships towards toppers of each semesters

 
Uttar Pradesh State Government
Scholarships to SMS Student offered by Uttar Pradesh State Government

Uttar Pradesh Government has started a scheme of giving scholarship and fee reimbursement of Students whose parent’s yearly income from all sources does not exceed Rs. 1 Lac (For general and OBC candidates) and Rs. 2 Lac (for SC/ST Candidates) to alleviate the financial burden of students.

Scholarships for the weaker section are provided through the Samaj Kalyan Vibhag, U. P. Government. The basic criteria for govt. scholarships are as follows:

• Student must have a good academic record.
• Besides the scholarship, an amount of Rs. 3300/- is also awarded by the govt. as a study scholarship annually to the students..
 

 

 

EDUCATION LOAN FROM NATIONALIZED BANK
The Student who want to take education loan should possess the followings

Student Eligibility
1.       Should be an Indian National
2.       Secured admission to Professional / Technical courses in India or abroad through
          Entrance Test  / Merit based Selection process.

Expenses considered for Loan
1.       Fee payable to College / School / Hostel
2.       Examination / Library / Laboratory fee
3.       Purchase of books / equipments / instruments / uniforms
4.       Caution Deposit / Building Fund / Refundable Deposit supported by Institution
          Bills / Receipts, subject to the condition that the amount does not exceed 10% of the
          total tution fee for entire course..
5.      Purchase of computers - essential for completion of the Course.
6.      Boarding and lodging expenses in recognised Boarding Houses / private 
         accomondations. Any other expense required to complete the course - like study 
         tours, project work, thesis etc.

Check List

While applying for the loan, the borrower is required to furnish the following information/papers:
  • Loan application on Bank's format
  • Passport size photograph
  • Proof of Address(Permanent) / ID Proof.
  • Proof of Age.
  • Proof of having secured pass marks in last qualifying examination.
  • Letter of admission in professional, technical or vocational courses.
  • Prospectus of the course wherein charges like Admission Fee, Examination Fee, Hostel Charges etc. are mentioned.
  • Details of Assets & Liabilities of parents.
  • Any other document/information, depending upon the case and purpose of the loan.