Financial assistance and Scholarships
The motto of NLSIU is that no one who secures admission to NLSIU shall discontinue studies on account of financial constraints. Keeping this in mind, the NLSIU will provide necessary financial assistance to the needy students.
SCHOLARSHIPS AND FREESHIPS
In order to attract meritorious students from the lower socio-economic strata of society, the NLSIU attempts to provide as many scholarships as possible. Besides scholarships, in deserving cases, fee concession to the extent possible is granted on the recommendations of the Scholarship Committee. These are open only to students in the regular stream for the Undergraduate and Post Graduate degrees other than Research Degrees and Distance Education programmes.
Without prejudice to the discretion of the Scholarship Committee in the matter of norms and procedures to be followed in selecting the recipients of the awards, the Scholarship Fund shall be utilised according to the broad schemes given below, namely:
1. Merit Scholarship - Students who secure CGPA of 6.00 out of 7.00 in the previous year will be given a Merit Scholarship Certificate.
2. Merit cum Means Scholarship - Scholarship amount will be disbursed only after submission of necessary documents for proof of income shown by them in the application form. The Scholarship Committee has the full discretion to fix any amount after considering the candidature of an applicant on the basis of the evidence of personal financial problems and the grades obtained. In case, an applicant fails to attend the interview, his/her case may not be considered for the Scholarship. The Scholarship Committee also has the discretion to vary the amount specified in the category considering the nature and financial problems of the students.
The Scholarship amount sanctioned will be adjusted against the fees payable to the NLSIU or the mess bills during the year. In case there is any amount outstanding to the students after adjusting the fees or mess bill, the balance amount will be given to the student at the end of the Third Trimester.
The allotment of the Scholarship to the student and its adjustment with the fees/mess bills will be communicated to the parents.
ACADEMIC ASSISTANCE SCHEME
Under this scheme, students in need of financial assistance can undertake academic and organisational responsibilities under the supervision of Faculty members for not more than thirty hours per month, who can be rewarded at the rate of Rs. 20/- per hour.
1. The Shankaramma Memorial Trust Scholarship
This scholarship of the value of Rs. 500/- per month is awarded every year to two or more students preferably from Andhra Pradesh who has been admitted to the B.A., LL.B. (Hons.) / LL.M. courses of the NLSIU. The scholarship amount comes from the interest earned on an endowment of Rs.1,00,000/- instituted by Rani Shankaramma Memorial Trust, Hyderabad in 1988.
2. Velakacherla Narasa Reddy Rural India Merit Scholarship
One scholarship is awarded every year to a student commencing the IV year studies. Scholarship so awarded shall run for two years subject to satisfactory performance. The scholarship amount comes from the interest earned on an endowment of Rs. 1,00,000/- donated by Sri V.R. Reddy, the then Additional Solicitor General of India.
3. Justice Venkataswamy, Mrs.&Mr.Mariappa Gowda and Mrs.&Mr.B. Narayan Scholarship
This scholarship is awarded to a highly deserving student of NLSIU towards his/her boarding/ lodging charges in the University. The scholarship amount comes from the interest earned on an endowment of Rs.1,00,000/- donated by Mr. K.M. Krishnappa and Mrs. Indira Krishnappa, residents of Cincinnati, Ohio, USA.
4. Late Justice B. Vasudevamurthy scholarship
This is awarded to deserving and meritorious student who is not otherwise able to join this University due to economic conditions. The Scholarship amount comes from the interest earned on an endowment of Rs.10,00,000/-.
5. Hemant Narichania Scholarship
This scholarship is awarded to II and III year meritorious students of B.A., LL.B. (Hons.) from lower socio-economic strata of society. The scholarship amount comes from the interest earned on an endowment of Rs.1,00,000/-.
6. The Bodh Raj Sawhney Scholarship
This scholarship is awarded every year to the highly deserving student. The scholarship amount comes from the interest earned on an endowment of Rs.1,00,000/-.
7. The Lalit Bhasin Scholarship
This scholarship is awarded every year to the highly deserving student. The scholarship amount comes from the interest earned on an endowment of Rs.1,50,000/-.
8. Dr. K. Manorama Scholarship
This scholarship is awarded to II year Girl Student based on merit-cum-means. The scholarship amount comes from the interest earned on an endowment of Rs.60,000/-.
9. Sam Byramji Nariman Scholarship
This scholarship is awarded every year to the highly deserving student, instituted by Mr.Fali S.Nariman. The scholarship amount comes from the interest earned on an endowment of Rs.1,00,000/-.
10. M.S.S. Rao Scholarship
This scholarship is awarded every year to the highly deserving student. The scholarship amount is Rs. 6,250/-.
11. Manupatra Scholarship
This scholarship is awarded every year to the highly deserving student as decided by the Scholarship Committee to cover the full fee.
Studying at Nlsiu
12. Shivaraya Mallar and Yamunabai
This scholarship is awarded to one of the girl students pursuing B.A., LL.B (Hons) who is economically backward. The Scholarship will be paid out of the interest earned from an endowment of Rs. 50,000/- (Rupees fifty thousand) instituted by Prof. V.S. Mallar, former Professor and Registrar, NLSIU and wife Mrs. Shanti V. Mallar.
13. Vagdevi Merit Scholarship
This Scholarship is awarded to deserving and needy student selected by college.
14. Mrs. Sarojini Menon Scholarship
This scholarship is awarded every year for deserving students
Central Government Scholarship
The Ministry of Social Justice and Empowerment and Ministry of Tribal Affairs have selected NLSIU as one among the 127 top institutions in the country to extend financial assistance to SC and ST students studying at NLSIU.
According to the policy laid down by the Ministry of Social Justice in this regard 10 (ten) SC students would receive financial assistance from the Ministry for the duration of their studies here. The Ministry of Tribal Affairs extends this benefit to only 5(five) ST students during their first year of study here. The assistance would cover fees, boarding & lodging charges, books & stationery and the cost of a computer. The selection of the students will be on the basis of Inter-se ranking secured in the admission test and the level of family income.