Scholarship and Financial Aid Scholarship Based on Innovation, Startup, Entrepreneurship & Hackathons

Scholarship Based on Innovation, Startup , Entrepreneurship & Hackathons

LPU offers a special scholarship scheme on performance in Innovation, Startup, Entrepreneurship & Hackathons.. This scholarship is offered to students who would like to continue their pursuit of creative minds. This scholarship is primarily meant to inspire students to follow their dreams.

  • Scholarship will be awarded to the students based on achievements in the previous two years.
  • Students will be selected on the basis of their achievements at the international/national level.
  • Final recommendation for the policy will be given by the selection committee.

Admission Criteria for awarding Innovation/ Start-up/ Entrepreneurship Scholarship (Table I)
Grade & Facilities Required Level of Achievement Affiliations
Grade A+
  1. 100% of program fee scholarship per academic session would be given subject to continuation achievement as per criteria attached below
Special Benefits:
  1. No Prospectus Fee
  2. No Examination Fee
  3. No LPU Nest Fee
 International Achievement
{University Startup World Cup,
Citizen Entrepreneurship Competition,
Global Student Entrepreneur Awards,
Edison Awards,
Xylem Global Innovation Challenge,
Startup Wheel} or equivalent
IPR Granted International Level 		Event approved by Ministry
or
International Event in which minimum 5 countries participated
or
Hackathons (International), United nations all events, Google – Code Jam, Google – Hash Code, Google – Kick start, ACM ICPC, FB HackerCup, SnackDown, Yandex.Algorithm, Top Coder Open, VK Cup or equivalent subjected to recommendation from Committee.
Grade A
Scholarship on Programme Fee equivalent to Bracket I in elig. Qualification subject to continuation achievement as per criteria attached below 
Special Benefits:
  1. No Prospectus Fee
  2. No Examination Fee
  3. No LPU Nest Fee
 National Award Winner
{National Technology Start-up Award (DST),
Innovation for India Awards (Startup India),
Women Startup Award (FICCI),
Global Student Entrepreneur Awards (National)} or equivalent
IPR Granted National Level 		Event approved by Start-up India/Central Ministry, GOI
or
“Z” category company event (DCS list)
Or
Hackathons (National), NASSCOM TechVista, Code Gladiators, Smart India Hackathon or equivalent subjected to recommendation from Committee.
Grade B
Scholarship on Programme Fee equivalent to Bracket II in elig. Qualification subject to continuation achievement as per criteria attached below  		National Award Participation
{BZZwings (IIM Bangalore & NSRCEL),
UDHYAMI (IIT M)} or equivalent
IP Commercialised/Technology Transfer 		Event approved by Start-up India/Central Ministry, GOI
Or
TCS Codevita, Infosys HackwithInfy, Code Wizards, Geek Goddess, Smart India Hackathon or equivalent subjected to recommendation from Committee.
Or
“A” category company event (DCS list)
Grade C
Scholarship on Programme Fee equivalent to Bracket III in elig. Qualification subject to continuation achievement as per criteria attached below
Zonal/State Award Winner {Tech-Start-up Program (AICRA), Bootcamp (Startup Punjab)} or equivalent IPR Published Event approved by Start-up India/State & Central Ministry, GOI
Or
IIT Roorkee Young Coders Hackathon, CodeWars 2021 or equivalent subjected to recommendation from Committee.
Or
“B & C” category company event (DCS list)

Sr. No International Event
Govt. organized Event Cash Award Non Government but Recognized events Cash Award
1 1st Rank 50K 1st Rank As per announcement separately every year before the ceremony
2 2nd Rank 25K 2nd Rank
3 3rd Rank 20K 3rd Rank
Sr. No National Event
Govt. organized Event Cash Award Non Government but Recognized events Cash Award
1 1st Rank 20K 1st Rank As per announcement separately every year before the ceremony
2 2nd Rank 15K 2nd Rank
3 3rd Rank 10K 3rd Rank
Sr. No State/ Zonal Level
Govt. organized Event Cash Award Non Government but Recognized events Cash Award
1 1st Rank 10K 1st Rank As per announcement separately every year before the ceremony
2 2nd Rank 5K 2nd Rank
3 3rd Rank 3K 3rd Rank

Validity of Scholarship Policy:
The Scholarship Policy is valid for One Year only, continuation of Scholarship for the next session will be based on his/her scoring of 6 Marks out of 10 as per scholarship continuation criteria:

Marks Performance Criteria
4 Startup Launch (Annual Revenue of 50,000), International Achievement, SEED Fund
2 Prototype Development, Ministry of Corporate Affairs Registration
2 4 National Event Winner
2 DSW Activities                                                      

Academic Benefits to Innovator/ Entrepreneurs & Hackathons
Academic benefits to be provided to students based on their achievements:

  • 20% Bonus Marks in Overall Marks.
  • MTE & ETE proration with each other considering the highest marks in case the student has missed an exam due to a university-approved event.
  • In case a student misses ETP due to participation in some university-approved event then he would get one free Re- Appear chance.
  • Duty Leave a maximum of 3 weeks for competition preparation for events approved by the Division of Start-up Innovation and Entrepreneurship.
  • Duty Leave for all competition days approved by the Student Welfare Wing.
    Note:
  • Student should be provided Academic benefits as per the above-mentioned table in each subject over & above he/ she actual marks obtained in ETE.
  • Highest achievement will be considered for Academic Benefit.
  • Marks obtained + Academic Benefits must not be above 100%.

    Cash Prize (Honouring Ceremony):
  • Cash Awards will be given only to the winners of those games, which are included in the International Achievement Award or National Achievement Award or equivalent list.
  • The amount of Cash awards will be announced separately every year before the ceremony.
  • Only highest level of achievement will be awarded for multiple categories.
  • No cash prize will be awarded to the student if he directly participated in the event without the approval of Division of Startup, Innovation & Entrepreneurship.
  • Student accomplishment shall also be considered for honouring amount as per the above mentioned Categories, after duly verified from Coordinator of Division and Head of Wing.
  • Student shall not be considered for any honouring benefit under Intoxication/Drug case.
Annexure

Click here to view list of programmes applicable for Innovation, Startup, Entrepreneurship & Hackathons.