Somaiya Vidyavihar University has established itself as a leading educational institution across the globe. It is proudly the first private university in Mumbai. Education is an important investment that you make for your future. In order to make quality education accessible and affordable, Somaiya Vidyavihar University offers Financial Aid to those in need.
The Financial Aid is available to students at entry-level, i.e. while applying for admission to a programme under any of the SVU institutes. While admission to a programme is based on academics, extra-curricular activities and other criteria as prescribed, Financial Aid is assessed entirely on the basis of the financial standing and need of the student /student’s family.
In its first year of inception, i.e. academic year 2021-22, Financial Aid of over Rs. 4 crore was disbursed, benefiting 125+ students of SVU.
Financial Aid is available for applicants seeking admission into any undergraduate and postgraduate programme offered by SVU. To be eligible for financial aid, applicants need to fulfill any one of the following criteria.
The selection process will follow the below mentioned procedure:
|DOCUMENT TYPE||ANYONE OR ALL||DOCUMENT NAME|
|Financial Aid Documents Set1||ANYONE||BPL Ration Card|
|EWS certificate issued by a competent authority|
|Income certificate issued by a competent authority|
|IT return of earning members of your family|
|Financial Aid Documents Set2||ANYONE||Aadhar Card|
|Electricity Bill of the residence|
|Financial Aid Documents Set3||ALL||100-150 word S.O.P.(Statement of Purpose) on why you deserve the Financial Aid.|
|Bank Statement of last three months of all earning members of the family|
|Employer certificate of all earning members of the family|
|Financial Aid self declaration|