Engineering Scholarship - Select that suits you best
Engineering education especially from a private or unaided colleges are getting more expensive, below resource will help to reduce the burden.
Pursuing an Engineering Degree now a day requires lot of money. It can be done starting Rs. 6,000 per annum at Government Engineering College to nearly 4 lakhs per annum at some private engineering college. In India the cost of engineering education varies from state to state. There are almost 80% of the seats are unaided type which are available with the private colleges and which offers engineering education at a cost of Rs. 4 -6 lakhs for a full programme, a figure beyond the reach of a common man.
There are many Banks who offers education loans which could help lowering the impact of higher fees to some extent but there are some institutes too that offer a range of scholarships and fellowships to enable deserving candidates to pursue the education. Scholarships usually fit in within the following categories.Types of scholarships
Merit scholarships:
These types of scholarships provide full fund or partially your entire engineering education fees. For qualifying this scholarship you required to be a merit holder in the qualifying examination or in previous year's exam. These types of scholarships are highly competitive because they do not require any return commitment from the students.
Merit-cum-Means Scholarships:
This type of scholarship considers the economic conditions of the students apart from the merit category. Some colleges have set their criterion like students with low income group will be given preference apart from the merit holding.Earn-while-you-learn scheme:
As the name suggest the students who avail this type of scholarship has to work for about 15-20 hours to teach juniors, assist in research etc in terms of scholarship received. There are very few colleges who are offering this type of scholarships.Merit awards:
This award is given to students as a lump sum amount which could be for specialization subject or some project work.
Reference: http://www.careerinfolive.com