Great Lakes Institute of Management Chennai Scholarships 2025 - Details, Eligibility, Amount

About Great Lakes Institute of Management Chennai Scholarship

Great Lakes Institute of Management Chennai offers several scholarship schemes aimed at recognizing academic excellence, promoting diversity, and supporting women professionals returning to the workforce. These scholarships help reduce the financial burden and encourage meritorious and deserving candidates to pursue management education in a world-class environment.

Types of Scholarships

Merit-Based Scholarships

• Dr. Bala V Balachandran Merit Scholarship: Awarded to a select number of PGPM students who have demonstrated exceptional academic achievement and leadership potential.

• General Merit Scholarships: Given to top performers among the PGPM cohort, based on the overall admission assessment—academic record, essays, and interview performance.

Diversity Scholarships

• Diversity & Merit Scholarships: These are awarded to encourage students from varied backgrounds and to promote gender diversity, with at least 30% of the 40 total scholarships reserved for female students.

Women Professionals Scholarships

• ENCORE Career Returnship Scholarship: Offers up to 100% tuition fee waiver to women with a proven academic/professional record who are returning to full-time learning after a career break.

Need-Based & Government Scholarships

• Merit-cum-Means Scholarships: A limited number may be awarded based on financial need, academic merit, and/or special circumstances (for selected certificate programs and under some government funding initiatives).

• Government Postgraduate Scholarships: Certain eligible students can apply for government schemes like National Scholarship for Post-Graduate Studies, which offer monthly stipends (INR 2500–3000 for boys/girls).

Eligibility Criteria

• PGPM Candidates: Scholarships primarily target one-year PGPM aspirants. Criteria include academic consistency, entrance exam performance, essay writing, personal interview, diversity parameters, and professional experience.

• Women on a Career Break: For ENCORE Scholarships, the candidate must have a verifiable career break and strong academic/professional merit.

• Financial Need: For merit-cum-means and some certificate program scholarships, family income, past records, and personal circumstances are considered.

• Government Scholarships: Based on entrance exam scores, academic criteria, and eligibility norms set by respective government bodies.

How to Apply for Scholarship

• No Separate Application: For major institutional scholarships (Diversity & Merit, Bala V Balachandran), all eligible PGPM applicants are automatically considered during admission evaluation. The assessment considers form data, essays, and the interview round.

• ENCORE & Special Scholarships: Candidates for ENCORE should indicate their interest in the program application form and provide supporting documentation for career break and merit.

• Government Scholarships: Students must submit separate applications through the official government portals and provide the institute with necessary documentation for fee disbursal.

• Notification: Selected candidates are notified via email after admission confirmation and one month before program commencement.

Renewal & Duration

• Institutional Scholarships: Awarded for the first year of PGPM and typically non-renewable; some allow for renewal based on continued academic performance and good conduct.

• ENCORE Returnship: Renewable for full duration of the certificate program, subject to meeting prescribed benchmarks and progress.

• Government Merit Scholarships: Awarded for the prescribed span (e.g., PGPM one-year, certificate program duration); subject to periodic review and compliance.

Table: Scholarship Details

Great Lakes Institute of Management Chennai remains committed to fostering a diverse, talented student community by providing substantial financial aid and scholarships. The selection process is systematic and transparent, with equal opportunity for all eligible candidates, including women professionals, meritorious students, and those in need of financial support.