As students begin their educational journey at the school level,
it is essential to recognize the tremendous impact that financial
aid and scholarships hold. These valuable resources play a vital
role in this critical stage of development, providing key
opportunities that may otherwise be out of reach.
Let’s aim to highlight the critical importance of financial
planning for students as early as possible and to examine the
transformative power of scholarships in India. We will explore
ways to apply for scholarships and eliminate the initial gap
between student loans and scholarships early on.
Student loans have interest, so costs go up all the way. Interest rates may differ, affecting the total amount to be repaid.
Scholarships do not accrue interest. These are financial awards
students receive for which they incur no additional financial
responsibilities.
Royal College of Medical Science is committed to making its
world-class education accessible & affordable for students from
all walks of life. This is made possible through our need-based
Financial Aid philosophy.
While admission to Royal College of Medical Science is
based on academics, extra-curricular activities and other holistic
principles, financial aid is assessed entirely on the basis of the
financial standing of the student’s family.
A candidate’s ability to pay is assessed based on various
financial resources available to their immediate family, including
current income, savings, investments, and education loans , to
finance the expected educational cost. Our endeavour is to provide
necessary financial support which can help admitted candidates
bridge the gap between the cost of the programme and their ability
to pay.