Apply Now for these Merit-cum-Means Based MCM Scholarships 2023!

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MCM Scholarship

It is a common occurrence in India that students hailing from a financially weaker background often drop out of school education and skip higher studies to earn for their families. Thus, a large number of government and private organisations offer merit-cum-means or MCM scholarships to offer financial support to deserving students from financially weaker sections in society.

Often referred to as MCM scholarships, these financial aids are generally awarded to students based on their academic achievements and financial situation. If you are planning to apply for any such scheme, here are the top 5 merit-cum-means based or MCM scholarships for which the applications are open right now!

AICTE Pragati Scholarship for Girls

The All India Council for Technical Education (AICTE) offers the AICTE scholarship to 5000 girl students enrolled in the first year of a technical degree or diploma course at any AICTE-recognised institution. As part of this MCM scholarship, up to two girls of a family can avail the benefits if they fulfil the eligibility criteria provided that the annual family income is less than Rs. 8 lakh. An award of Rs 50,000 per annum is granted to the selected students by the council.

Tentative Application Dates: September to October

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Merit Cum Means Scholarship for Professional and Technical Courses CS (Minorities)

Awarded by the Ministry of Minority Affairs (MoMA), Government of India, this MCM scholarship is for underprivileged students from the minority communities such as Muslims, Sikhs, Christians, Buddhists, Jains, and Parsis/Zoroastrians, who are pursuing technical or professional undergraduate/postgraduate courses from any recognised institution.

Eligibility Criteria: For availing the MOMA scholarship, the students should have secured at least 50% marks or an equivalent grade in their previous examination, and their annual family income should not exceed Rs. 2.5 lakh.

Tentative Application Dates: August to October

National Means Cum Merit Scholarship (MCM Scholarship)

The Department of School Education and Literacy, Government of India offers this merit-cum-based MCM scholarship to class 9 students from economically weaker sections who have secured a minimum 55% marks in their class 8 exam. The National scholarship, awarded on the basis of a selection test, is of a value of Rs. 12000 per annum. The annual family income of the applicant should not exceed Rs. 1.5 lakh from all sources.

Tentative Application Dates: August to October

Also Read: Complete List of DU Scholarships 2020

Central Sector Scheme of Scholarship for College and University Students

This scholarship is provided by the Department of Higher Education, MHRD, Government of India to meritorious students who have passed their 12th boards exams and fall above the 80th percentile of successful candidates in the same. To be eligible for this MCM scholarship, the student’s annual family income should be less than Rs. 8 lakhs and they should be pursuing a regular BTech or MBBS course from a reputed institution in India. The scholarship offers an award of Rs. 10000 to Rs. 20000 per annum to selected students.

Tentative Application Dates: August to October

Swami Vivekananda Merit Cum Means Scholarship for Minorities, West Bengal

Under this scheme by the Government of West Bengal, minority students from class 11 to postgraduate level who are domiciled in West Bengal and studying in an institution within the state can avail financial assistance varying as per their level of study. The annual family income of the applicants should be less than Rs. 2.5 lakhs and they should also fulfil the minimum educational qualification criteria which varies between 53% to 75% depending on the level of study. The maximum amount awarded under this merit-cum-means based or MCM scholarship is Rs 60,000 per annum. 

Tentative Application Dates: September to November

FAQs About MCM Scholarships

Who is eligible for MCM scholarships?

The candidate must have scored a min. of 55% marks (50% for reserved categories) in class 8, and with a family income of Rs. 1,50,000 to be eligible.

What is the amount of the MCM scholarship?

 This scholarship offers an amount of INR 20,000 per annum to students.

What is MCM scholarship?

The Merit-Cum-Means or MCM scholarships offer financial support to deserving students from financially weaker sections in society.

The applications for these top merit-cum-means based or MCM scholarships are currently open until October tentatively, thus you can get yourself registered and submit your application within time! Stay tuned to Leverage Edu as we bring you more such news updates on scholarships, higher education and more from around the world! 

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