Scholarships & Financial Aid

In order to support students from all departments who may find it hard to pursue higher education due to economic constraints, the institution has several scholarships that are given to those in need. Here is a list of scholarships, government schemes and financial aids that students may avail.

Goa Financial Assistance - Bursary Scheme

A scheme called the Goa Financial Assistance towards fees for various courses under Higher and Technical Education Scheme, 2014 known as the Bursary Scheme has been approved by the Government of Goa and taken up for notification to the public. This scheme shall come into effect from the Academic Year, 2014-15.

View Official Gazette, Govt. of Goa

  • Students pursuing College (Higher and Professional) Education in the State of Goa including post graduation shall be eligible to receive the benefits under the Bursary Scheme, provided they meet the eligibility criteria laid down in scheme.
  • The actual grant would be calculated on the basis of the fees paid for each of the course/program and will be limited to the payment of fees and other charges given to the College/Institution.
  • The concerned student shall pay the requisite fees for the course that he/she pursues. The eligible quantum of fees shall be reimbursed to him through direct transfer to his Bank Account.
  • In order to be a beneficiary under the scheme, the student should have completed his Std. Xth and XIIth and graduation in case of post graduation students from an institution in Goa. For benefit under the scheme, in case of post graduate course, the requirement of graduate degree from college/university from Goa, will be relaxed for degree from Central University, NIIT, IIT, IIM & other statutorily created institutions.
  • Those students availing the benefits under the Bursary Scheme shall not be eligible to avail similar benefits under any other schemes of Government of Goa. The students would however be permitted to exercise their choice of the scheme(s) to avail similar benefits.
  • Financial Assistance under the Bursary Scheme.'” (1) All the graduate and post graduate students, the annual income of both parent(s)/guardian taken together is less than Rupees three lakhs, shall be eligible to receive benefits under the Bursary Scheme.
  • The maximum amount of grant shall be restricted to Rs. 40,000/- per annum.
  • Only those cases where the total course/ /programme fees do not exceed Rs. 60,000/- per annum shall be considered under this scheme.
  • Those with course fees above Rs. 60,000/- may approach the GEDC for loans under Interest Free Loan scheme.

Indian Council for Cultural Relations Scholarship

The Indian Council for Cultural Relations (ICCR) was founded in 1950 by Maulana Abul Kalam Azad, independent India's first Education Minister. Its objectives are to actively participate in the formulation and implementation of policies and programs pertaining to India's external cultural relations; to foster and strengthen cultural relations and mutual understanding between India and other countries; to promote cultural exchanges with other countries and people; and to develop relations with nations.
The GSS is one of the important scholarship schemes of ICCR for Foreign Students which is awarded at the level of undergraduate/postgraduate levels and for pursuing research to foreign students belonging to Asian and Latin American Countries.

JSW Udaan Scholarship

Vidyasaarathi is a technology-enabled initiative by Protean eGov Technologies Limited (formerly NSDL e-Governance infrastructure limited). Vidyasaarathi enables underprivileged students to receive financial assistance via corporate-funded scholarships. It aims to bridge the gap in education finance in the country through an online platform. Students can search and apply to various education finance schemes they are qualified for. Fund providers, industries, and corporates can promote skill development by designing education finance schemes provided on merit by fund providers, industries, and corporates.

Ever since its inception, Vidyasaarathi has received tremendous response from the student community. More than 10 lakh students have registered on the Vidyasaarathi portal and many leading names from the Indian corporate sector have disbursed scholarships through the platform (as on January 2022).

  • Courses Offered : B.E/B.Tech, Medical, Undergraduate, ITI, Diploma, Post Graduate & Professional Degree Courses.
  • Min Eligibility Criteria : 60% in Class 10th & Class 12th, Annual Family Income : Max Rs 8 Lakhs Per Annum, Open to All students.
  • Website : www.vidyasaarathi.co.in

Parivartan Covid Crisis Support Scholarship

HDFC Bank Parivartan's COVID Crisis Support Scholarship Program is an initiative of HDFC Bank that aims to support the children affected by COVID crisis to continue their education. The scholarship program is meant for school students from Class 1-12 to those pursuing UG, PG and diploma courses.
Under this scholarship, the students who have lost either or both of their parent(s)/earning member(s) or whose earning family members have lost their employment (or livelihood) during the pandemic will be provided with a one-time financial assistance ranging from INR 15,000 to INR 75,000.

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Rev Fr Joseph Carreno Scholarship

Fr Joseph Carreno a member of the Salesians of Don Bosco was pioneering missionary in India and the Philippines, founder of the premier Indian institution Sacred Heart College, Tirupattur, Vellore District, . He was also a poet, musician and writer, with a special interest in the Shroud of Turin. He has been called the most loved Salesian in South India.
In October 1952, Carreño himself was sent to Goa. He stayed there eight years. During this time the work expanded to include two technical schools, a high and elementary school, two public churches, one of them in Panjim dedicated to the Pilgrim Virgin; the care of more than 600 poor boys, the presses, the Catholic Hour on the government radio station, and the work for vocations. When the Indian government broke diplomatic relations with Portugal over the issue of Goa, Carreño was called by the Prime Minister, Jawaharlal Nehru, to act as an intermediary in the liberation of Indian prisoners in Goa. Four months later Goa granted amnesty to the Indian prisoners. Between Madras and Goa, Carreño spent almost thirty years in India.

Rev Fr Vincent Scuderi Scholarship

Vincenzo Scuderi, born 30 May 1902 in Ramacca near Catania in Sicily, was a Catholic priest belonging to the Society of St Francis de Sales now called the Salesians of Don Bosco, one of the great members of this Society in India, and pioneer of the Salesian work in Don Bosco, Panjim and Goa. He died on 22 November 1982 at Catania, Sicily.

Antonio & Marilia Da Cruz Scholarship

Marilia and Antonio da Cruz, passed away several years ago, leaving behind seven children. They were both strong believers that every student had their individual strengths and should be encouraged to develop them, to the maximum.
To perpetuate their memory, their children decided to establish a bursary, that would support deserving students from the BBA (T&T) stream.

Albert & Loti Marrel Scholarship

Mr. Jerome Marrel studied in Salesiens de Don Bosco in France and after completing his education in French from Don Bosco, he decided to award a yearly Scholarship in the name of his parents - Albert and Loti Marrel out of the inheritance received for the Two Best Students in French Subject. This Scholarship is awarded now to the Best Student in Portuguese subject since our Institute does not conduct a French subject.

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