Ashoka University, Sonepat - Scholarship Details

Sonepat, HaryanaPrivate UniversityEstd 2014
#1 For Overall By IIRF 2024  
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Ashoka University believes in providing a world-class education to students belonging to different sections of society irrespective of caste, creed, color & religion. Through Ashoka’s University Need-based Financial Aid philosophy, it has helped over 4100 students to fulfil their dreams by availing scholarships worth INR 418 crores through collective philanthropy. Ashoka University offers Merit-Cum-Means Scholarships to students intending to major in Physics, Chemistry, Biology, Mathematics or Computer Science at Ashoka. 

  • More than 4500 students benefitted from Ashoka University scholarship grant.
  • 47% of students on campus are given financial aid.
  • Since inception, INR 511 Crore has been committed by Ashoka University as Financial Aid.

Check More: Ashoka University Hostel 


Ashoka University Chancellors’s Merit Scholarship

  • Ashoka University has launched Chancellor’s Merit Scholarships for Young India Fellows, independent of the University’s Need-based Financial Aid programme.
  • A total of 10 scholarships covering the tuition and registration fee will be given to candidates admitted to the YIF Class of 2025.
  • Candidates will be shortlisted based on academic, non-academic and/or professional excellence, combined with performance in the holistic selection process.
  • The YIF Admissions Committee will conduct an interview for the Chancellor’s Merit Scholarship.
  • As per the statistics of YIF class of 2024, 12 Fellows’24 are Chancellor’s Merit Scholarships. 

Ashoka University Need-Based Financial Aid 

  • Ashoka University’s need-based Financial Aid has been initiated to bridge the gap between the cost of the programme and the ability to pay. 
  • Candidate or their family/guardian can have a look at various resources that will be provided to them towards financing the cost of the YIF programme.
  • Ashoka University has collaborated with institutions that extend educational loans to students to complement their need-based financial aid. 

Ashoka University Need-Based Financial Aid Guidelines 

  • The form for availing of financial aid will be open once in each round for a period of one week. 
  • The candidate has a one-time opportunity to seek the financial aid form. Requests made after receiving an offer of admission will be not entertained. 
  • There are only a few days between knowing their shortlist status and the opening of the Financial Aid form, so the candidate must be equipped with the documents to avaoid wastage of time. 
  • Documents should be in PDF/JPG files of sizes under 2MB, with a minimum resolution of 200 DPI. 
  • Zip folders under 2MB containing all the documents are also accepted.

Documents Required for Ashoka University Need-Based Financial Aid

Candidate must keep the below-mentioned documents handy.

  • Income Tax Returns for FY 2021-22, 2022-23 and 2023-24 (last 3 years)
  • Bank Account Statements (for the last 12 months)
  • Salary Statements (for the last 3 months)
  • Loan Statements (if a loan expense is shown)
  • Details of the family’s financial assets, such as investments, real estate, vehicles, etc.
  • Details of any loans, mortgage, etc.

Additional Documents:

  • For business families and professionals – Financial Statements for FY 2021-22, 2022-23 and 2023-24 (last 3 years) including P&L Statement, Balance Sheet & Form 26AS. Further, Details of main expenses (only information is required)
  • The Candidate’s Haryana Domicile Certificate for Haryana Residents. 

Ashoka University Need-Based Financial Aid Application Process

Steps to be followed during Ashoka University Need-Based Financial Aid Application Process are as follows:

  • Step 1: The candidate must be familiar with the financial aid application to understand the philosophy, documentation and information required for submitting a Financial Aid application. 
  • Step 2: After that candidate can apply for  Need-Based Financial Aid.
  • Step 3:The office of financial aid will then assess the candidate’s application and information provided in the online form..
  • Step 4: Selected candidates will be sent an Offer of Admission and Financial Aid by the Admissions Committee. ​

Ashoka University Merit-Cum-Means Scholarships

  • Ashoka University offers Merit-Cum-Means Scholarships for meritorious and deserving students. UG students intending to major in Physics, Chemistry, Biology, Mathematics or Computer Science can avail this scholarship. 
  • Ashoka University offers 25 scholarships in addition to the need-based financial aid available to all students, wherein 5 of the candidates are entitled to receive a waiver of 100% on Tuition and Residence, and the remaining 20 will receive a waiver of 100% on Tuition Fee. 
  • For availing of this scholarship scheme, Candidate’s Annual Family income should not exceed INR 40,00,000 (pre-tax).
  • For the continuation of the scholarship to the next academic year, the candidate must maintain a minimum CGPA of 3.5 each semester.

Ashoka University Merit-Cum-Means Scholarship Eligibility Criteria 

Ashoka University offers Merit-Cum-Means Scholarship to students holding any one of the following academic Cut-Offs based on Class XII Board Marks or National Entrance Tests. 

Class XII Board Marks National Entrance Tests

CBSE/ISC/State Board (Indian): >=98%

IB: 41/42

Cambridge: A*A*A

JEE mains >=98 percentile

NEET rank of 600 or higher 

A valid Kishore Vaigyanik Protsahan Yojana (KVPY) scholarship received in the year 2022.

Check More: Ashoka University Admission 2024 

Application Process for Ashoka University Merit-Cum-Means Scholarships 

  • Candidates qualifying the above-mentioned eligibility criteria will receive an invitation to apply for a Merit Scholarship
  • The application form will be open for five days and candidates can apply by submitting a form of Statement Of Purpose (SOP), along with the latest Income Tax Return of their parents/guardian.
  • After assessing the family income and the quality of SOP, the scholarship committee will shortlist the candidates eligible for scholarship.
  • Short-listed candidates can be asked to appear for the personal interview. 
  • Successful candidates will then receive the scholarship depending upon their overall performance.

Ashoka University Financial Aid at UG & PG Level

As per the data available here is some information on Ashoka University Financial Aid for different courses.

  • Ashoka University has supported approximately 47% of UG students who have received some form of financial grant. Out of which, 61% have received partial tuition waivers while 39% have received a minimum of 100% Tuition waiver or more (Hostel/Meals)
  • For the students of MA Economics Programme, the university has supported approximately 55% of students who have received some form of financial grants. Out of which, 47% have received partial tuition waivers while 53% have received a minimum of 100% Tuition waiver or more (Hostel/Meals).
  • The Financial Aid granted for MA English Program at Ashoka University ranges from a 25% waiver on the Tuition Fee to a 100% waiver on the Tuition Fee, Residence and Meals Costs.


Ashoka University Scholarship FAQs

Ques. Does Ashoka University offers Merit-Based Scholarships?

Ans. Yes, Ashoka University offers Merit-Based Scholarships on the basis of cutoffs in Class XII Board Marks or National Entrance Tests. 

Ques. What is the minimum CGPA required to continue/to avail Ashoka University merit scholarship?

Ans. The minimum CGPA required to continue/to avail Ashoka University merit scholarship is 3.5. The university has a right to withdraw the merit scholarship if the CGPA drops below 3.5 in particular semester. 

Ques. On the basis of which exams scholarships are offered at Ashoka University?

Ans. Ashoka University Scholarships are granted on the basis of NEET & JEE-Main Percentile . 

Ques. Can I apply for this scholarship after joining Ashoka University?

Ans. No, candidates cannot apply for scholarships after joining Ashoka University because of limited number of scholarships. 

Ques. Is the scholarship applicable for all four years at Ashoka University?

Ans. Yes, the scholarship will be applicable for all four years at Ashoka University only if the candidate maintains a CGPA of 3.5 or above in each academic year.

Ques. What is the objective of Ashoka University's Need-Based Financial Aid program?

Ans. The objective of Ashoka University's Need-Based Financial Aid program is to bridge the gap between the cost of the program and the ability to pay for students coming from different socioeconomic backgrounds, ensuring inclusivity in education regardless of financial constraints.

Ques. How many students have benefited from Ashoka University's scholarship grant, and what is the total committed amount in financial aid since its inception?

Ans. Over 4500 students have benefited from Ashoka University's scholarship grant, with a total committed amount of INR 511 Crore in financial aid since the university's inception.

Ques. What are the eligibility criteria and application process for the Chancellor's Merit Scholarships for Young India Fellows?

Ans. The eligibility criteria for Chancellor's Merit Scholarships include academic, non-academic, or professional excellence, combined with performance in the holistic selection process. The application process involves shortlisting candidates based on these criteria followed by an interview conducted by the YIF Admissions Committee.

Ques. What documents are required for availing Ashoka University's Need-Based Financial Aid, and what are the guidelines for submitting these documents?

Ans. Documents required for Need-Based Financial Aid include Income Tax Returns, Bank Account Statements, Salary Statements, Loan Statements, details of financial assets and liabilities, and additional documents for business families and professionals. Guidelines include submitting documents in PDF/JPG format under 2MB and ensuring a minimum resolution of 200 DPI.

Ques. How does one apply for the Merit-Cum-Means Scholarships at Ashoka University, and what are the eligibility criteria for availing this scholarship?

Ans. Candidates qualifying for academic cut-offs based on Class XII Board Marks or National Entrance Tests receive an invitation to apply for the Merit-Cum-Means Scholarships. Eligibility criteria include specific academic cut-offs and family income not exceeding INR 40,00,000 (pre-tax).

Ques. What percentage of students receive financial aid at Ashoka University, and what forms does this aid take?

Ans. Approximately 47% of UG students receive some form of financial grant at Ashoka University. This aid includes partial tuition waivers and full waivers covering tuition, residence, and meals for eligible students.

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