Scholarship and Freeship policies of Sacred Heart College (Autonomous), Chalakudy, established in 1980 is intended to ensure educational equity among students.
- The students with excellent academic records are provided financial assistance by the institution under the policy of scholarships and freeships. It guarantees various merit, need and category-based scholarships and freeships to the beneficiaries.
- Government-provided and college-sponsored are the two kinds of scholarships provided by the institution to deserving students.
- Timely distribution of financial aid is assured by the management and PTA.
- Meritorious, students who excell in sports or economically backward students benefit from freeships and fee concessions provided by the college management along with other Central and State scholarships.
- Faculty members and all other stakeholders of the college, sponsor students from poor economic backgrounds to ensure educational inclusivity.
- The college provides merit based and need-based financial assistance in the form of endowments.
- Merit based support goes to students based on their academic achievements and talents like athletics and arts, rather than their financial need.
- Students may receive scholarships from outside sources such as non-profit organizations and private businesses.
- The college has the facility of providing various government scholarships and nongovernment endowments to students.
- When awarding merit-based aid, college examines student’s grades in both internal and end semester examinations and students may need to secure 75% marks in each semester to receive these funds.
- Need-based financial assistance does not consider any factor other than financial background.
- Eligibility is completely based on the income of the student and her family. A student could be eligible if she is living in a household where the joint annual income is less than 3 lakhs, she is living in a single parent household, or she is facing notable financial crisis even with an annual income more than 3 lakhs.
- A fund called “Santhwanam Fund” has been established by the faculty to provide financial assistance to the as well as faculty in case of emergencies.
- Management has an obvious free education policy for financially backward students.
