Scholarship Schemes & Financial Aid
Essential Financial Support for Securing your Academic Future
BIC offers a range of scholarship schemes to students, including those based on merit, financial need, teacher and staff quotas, and recommendations from collaborative partners, Ward Offices, and principals.
1. University Scholarship
Pokhara University (PU), aiming to make higher education accessible to the underprivileged section of society, provides scholarships to 10 percent of the approved quota of students in affiliated colleges and 20 percent in constituent schools. Graduates from government and non-government schools or colleges can apply for scholarships and financial support. The PU Scholarship Selection Examination decides to award scholarships based on applicants’ credentials, economic background, and examination followed by an interview. Click here to apply for Pokhara University Scholarship.
2. Merit-Based Scholarship (At the time of Admissions)
BIC awards scholarships to meritorious students based on their high school performance, extracurricular activities, entrance examination marks, and interview results. The scholarship is calculated using the following weightage system:
Criteria | Weight in Percentage |
High School Performance Based on GPA | 50% |
Marks in the Entrance Examination | 30% |
Extracurricular Activities | 10% |
Interview | 10% |
BIC Scholarship Calculation Method:
- High School Performance (50%)
This criterion evaluates the academic achievements (GPA) of the student in high school.
- Extracurricular Activities (10%)
This criterion assesses the student’s involvement and accomplishments in extracurricular activities such as sports, arts, and community service. - Marks in Entrance Examination (30%)
This criterion considers the scores obtained by the student in the Entrance Examination conducted by BIC. - Interview (10%)
This criterion evaluates the student’s performance in the interview conducted by BIC.
High School GPA, Mark Conversion and Award
| High School GPA | Points Gained | Cumulative Points | Tuition Fee | Award Amount |
| >3.8 – 4.0 | 50 | 90 and above | 100% | 326,000 |
| >3.7 – <3.8 | 45 | >80 – <90 | 50% | 163,000 |
| >3.5 – <3.7 | 40 | >70 – <80 | 35% | 114,100 |
| >3.2 – <3.5 | 35 | >60 – <70 | 25% | 81,500 |
| >3.0 – <3.2 | 30 | >50 – <60 | 20% | 65,200 |
| >2.8 – <3.0 | 20 | >40 – <50 | 10% | 32,600 |
| >2.0 – <2.8 | 15 | >30 – <40 | 5% | 16,300 |
Calculation: an Example
| High School GPA 3.25 | Points gained = 35 |
| Extracurricular Activities: 90% | Points gained = 9 |
| Marks in Entrance Examination: 80% | Points gained = 24 |
| Interview: 80% | Points gained = 8 |
Total Cumulative Points Gained: 35+9+24+8 = 76
Therefore, the student would receive NRs 114,100 scholarship.
This method ensures a fair and comprehensive evaluation of each student’s overall performance and potential.
3. Ward-Based Scholarships
To provide quality education to meritorious and needy students in the community, BIC awards scholarships to 43 students recommended by the Ward Offices of their respective wards. The different scholarships and their allocated quotas are mentioned below:
S.N. | Award in Percentage | Quota/Number | Minimum GPA Required |
1 | 50 | 4 | 3.5 |
2 | 30 | 3 | 3.3 |
3 | 20 | 5 | 3 |
4 | 15 | 7 | 2.8 |
5 | 10 | 10 | 2.5 |
6 | 7 | 14 | 2.0 |
| Total | 43 | ||
4. Collaborative Partners
|
S.N. |
Award in Percentage |
Quota / Number |
Minimum GPA Required |
|
1 |
30 |
1 |
3.5 |
|
2 |
20 |
2 |
3.3 |
|
3 |
15 |
3 |
3 |
|
4 |
10 |
7 |
2.8 |
|
5 |
7 |
10 |
2.5 |
|
Total |
23 |
||
5. Alumni Referral
We hold our alumni in high regard, recognizing their invaluable contributions in organizing events, conducting joint research, fundraising, and providing community services. We also value their recommendations in student recruitment. The different scholarships and their allocated quotas are detailed below:
|
S.N. |
Award in Percentage |
Quota/Number |
Minimum GPA Required |
|
1 |
30 |
1 |
3.5 |
|
2 |
20 |
2 |
3.3 |
|
3 |
15 |
3 |
3 |
|
4 |
10 |
7 |
2.8 |
|
5 |
7 |
10 |
2.5 |
|
Total |
23 |
|
|
6. Faculties and Staff
BIC provides scholarships of 50% and 25% for the children of full-time faculty and staff members who wish to enroll in any BIC program. Each program is limited to one scholarship. If multiple applicants apply for a program, the 50% scholarship will be awarded to the student with the highest grades. In the event of a tie, preference will be given to the children of lower-ranking staff members. The remaining applicants will be considered for the 25% scholarship.
7. Principals and Teachers of Other Institutions
BIC highly values the teaching profession and is pleased to offer a 15% scholarship to the children of teachers at all educational levels within the country. Each program is allocated one scholarship in this category.
Furthermore, we deeply appreciate the trust that educational leaders have placed in us by sending their students and children to BIC for university degrees over the past 16 years. In recognition of their continued support, we offer a special scholarship to the children of principals who wish to enroll in BIC programs.
8. Rewarding Performance
The college has been very fortunate with the quality of student groups it has been attracting over the years. To acknowledge and appreciate students’ outstanding performance, the college has instituted a “Performance-Based Scholarship” for the bachelor’s degree program that is transparent and competitive. The scholarship scheme has the following provisions:
SGPA Range | Tuition Fee Waiver |
4.0 | 100% |
3.94 | 50% |
>3.88 and <3.94 | 40% |
3.88 | 30% |
3.80 and <3.88 | 15% |
3.70 and < 3.80 | 10% |
Topper of each section (Mid-Term and End-Term Exam) | Rs. 1000 Cash Prize + Certificate |
1. University Scholarship
BIC offers scholarships for deserving students who have passed the scholarship examination conducted by Pokhara University. Click here to apply for Pokhara University Scholarship.
2. Gold Medal Scholarship
BIC refunds 100% of the tuition fees of the Gold Medalist who completes an MBA from BIC and is awarded the Gold Medal by the university.
3. Dean’s List Scholarship
BIC refunds 20% of the tuition fees of the Dean-listed students who complete an MBA from BIC.
4. Merit-Based Scholarship
| Scholarship | CGPA | Scholarship | |
| Platinum | 3.95 | 4.00 | Rs. 4,00,000 |
| Gold | 3.90 | 3.94 | Rs. 3,50,000 |
| Silver | 3.70 | 3.89 | Rs. 2,50,000 |
Note:
1. If the number of candidates exceeds the available slots for a particular scholarship category, the remaining candidates will be considered under the general merit-based scholarship scheme. All scholarships, regardless of category, will be awarded based on merit and financial need on a first-come, first-served basis. Once the quota is fulfilled, the college is not liable to provide any additional scholarships.
2. If there are multiple applications within a given criterion, the scholarship will be awarded based on merit until the quota is fulfilled. The remaining applications may be considered under subsequent criteria.
3. A candidate who has received a scholarship in one category will not be entitled to another scheme.
4. Students who receive 100% and 50% scholarships on tuition fees must maintain a cumulative SGPA of greater than 3.7 each year.
5. Any rewarding performance will be recognized only after deducting the amount already received from the initial scheme.
For example:
If a student initially receives 327,000 as a merit-based scholarship and obtains an SGPA of “4” in the first semester, they will get a tuition fee waiver of 37,000 for the second semester. This waiver will be deducted from the initial scholarship amount. If the total rewarding performance exceeds the initial scholarship amount, the student will be awarded the excess amount.