What is Ashoka University’s philosophy in awarding financial aid?
Ashoka University believes that the primary responsibility to bear the cost of the educational expenses of the student belongs with the family before the university grants financial aid. We expect that the family will consider various financial resources available to them, including current income, savings, investments, and education loans, to finance the expected educational cost. The financial aid grant provided by the university aims to bridge the gap between the cost of the programme and your ability to pay.
How is the financial aid assessed?
The financial aid given by Ashoka University is assessed solely on the basis of your family’s financial standing. It is not based on scholastic merit, sports qualifications, parent's occupation or any non-financial factors.
How much financial aid can I receive?
If you are eligible, you can receive anywhere from a 25% waiver on tuition to a full waiver on the total fee.
What if my parent/guardian is not required to file an ITR?
As per Income Tax Act of 1961, you are only exempt from filing an ITR if your total income is below INR 2,50,000. If you fall in this category, you will need to provide:
- an affidavit on a stamp paper, stating the gross annual income and the source(s) of income (if the earning member is self-employed)
- salary slips for the last six months/salary certificate from the employer (if the earning member is salaried)
My parent/guardian has two or more bank accounts. Will I be required to upload statements for all bank accounts?
Yes, you will be required to upload the statements of all bank account by converting them into PDF files of sizes under 2mb. Ensure that the resolution of the PDF is 200dpi. Alternatively, you can also attach a zip folder containing all the statements.
Do you offer financial aid for international students?
Yes, we do offer financial aid for international students. However, if the international student is admitted to the university on partial or no financial aid, he/she is expected to manage their expenses, like travel (both local & international), medical etc. during their time at Ashoka University.
I am an International Student and we do not file Income Tax Returns in my country. What am I required to submit?
If you are an international student, you will be required to present any/all document(s) that you file with the government of your country that establishes the gross income and tax paid by individuals in your family or by the business owned and run by your family.
Can I submit the financial documents through email/post/in person?
No, you can only submit the financial documents through the financial aid form (refer to the Financial Aid Application Process)
Is there a different fee structure for Haryana Residents?
Haryana Resident students are eligible for a full or partial fee concession as per the Haryana Private Universities Act. However, this fee concession is subject to the submission of Haryana Residence Certificate. Please note that this benefit only valid at the time of admission. Ashoka University reserves the right to determine the percentage of fee concession.
To view a sample of the Financial Aid Application Form, click HERE.
For any queries not answered here, please write to email@example.com