Financial Aid – Need Based

Introduction

Lovely Professional University offers Need-Based Financial Aid to support students from specific categories whose annual family income falls below the prescribed limit, ensuring that financial constraints do not become a barrier to higher education. The benefit under this scheme shall be applicable only to students who are not eligible for, and/or are not availing the benefits of, any other scholarship or financial aid scheme offered by the University, subject to satisfying the eligibility criteria and timelines.

Definition of Categories Considered and Other Terms

• Economically Weaker Section: Any applicant whose annual family income is less than Rs. 5 lakhs will be considered as a person from an economically weaker section of society.
• Single Mother Child: Any applicant who is the child looked after by the mother alone without a husband or partner; The woman may be divorced or whose husband/partner is deceased.
• Single Girl Child: An applicant is the only child of her parents, and she has no other biological or legally adopted children. This means she does not have any real brothers or sisters.
• Students from Minorities: An applicant belonging to Muslims, Sikhs, Christians, Buddhists, Jains, and Zoroastrians (Parsis) communities will be considered students from minority communities [according to Section 2 (c) of the National Commission for Minorities Act, 1992].
• Transgender: Any applicant whose gender does not match with the gender assigned to that person at birth and includes trans-man or trans-woman (whether or not such person has undergone Sex Reassignment Surgery or hormone therapy or laser therapy or such other therapy), person with intersex variations, genderqueer and person having such socio-cultural identities as kinner, hijra, aravani, and jogta. [THE TRANSGENDER PERSONS (PROTECTION OF RIGHTS) ACT, 2019].
• Non-Traditional Students: Any applicant or adult learner having an extended study gap between studies, i.e., 12th and under-graduation or under graduation and post-graduation; and the applicant has not joined any course in regular or distance education or other mode during that gap period. The Ph.D. programme will not be considered the scheme. Study Gap will be the primary determining factor for considering his/her candidature for benefits under the scheme for non-traditional students. Applicants who have a minimum of 5 years of study gap from their last educational qualification (regular/ distance/ correspondence/ online) can be considered for the undergraduate programmes (UG or UG Lateral Entry after 10th/12th/diploma), and a study gap of a minimum of 7 years from the undergraduate educational qualification can be considered for postgraduate programmes. First-time education with a minimum gap will be considered, for instance, if an applicant enrolled for a course (degree/ diploma/ certificate) during the last 5 or 7 years (as applicable) and has discontinued the course or the course is incomplete due to any reason, the applicant cannot be considered for the benefits under the scheme.
• An Income Certificate issued by a Concerned Authority (Tehsildar, District Magistrate, Collector, Sub-Divisional Magistrate, or other relevant authorities) in the State/UT Government is required in respect of the parent/ guardian of an applicant in all the categories or subcategories (a computerised income certificate issued by Sewa Kendra will be preferred).
• Annual Family Income: Consolidated annual income of all the earning members in the family, that shall also include income from all sources i.e., salary, agriculture, business, or profession, rent or other sources for the financial year prior to the year of application (i.e., for admission in 2026-27, the income earned from April 2025 to March 2026 can be taken to get your income certificate. In case the income certificate is prepared or issued in the previous year(s), then it must have validity till 30th September 2026, and the same must be mentioned on the certificate).
• Concerned Authority: The applicant is required to provide an affidavit under different categories that must be duly signed and stamped by the concerned authority, which means not below the rank of Tehsildar. The Executive Magistrate, District Magistrate, Collector, and Sub-Divisional Magistrate may be considered under the concerned authority. Note: In case, an applicant is a minor (less than 18 years), the affidavit can be countersigned by the parent/ guardian or can be submitted by the parent/ guardian for the applicant.