Scholarship Schemes & Financial Aid

Essential Financial Support for Securing your Academic Future

BIC offers a range of scholarship schemes to students, including those based on merit, financial need, teacher and staff quotas, and recommendations from collaborative partners, Ward Offices, and principals.

Updated at: June 7, 2025. This scholarship policy is applicable to the batch of 2025.

1. University Scholarship

Pokhara University (PU), aiming to make higher education accessible to the underprivileged section of society, provides scholarships to 10 percent of the approved quota of students in affiliated colleges and 20 percent in constituent schools. Graduates from government and non-government schools or colleges can apply for scholarships and financial support. The PU Scholarship Selection Examination decides to award scholarships based on applicants’ credentials, economic background, and examination followed by an interview. Click here to apply for Pokhara University Scholarship.

2. Merit-Based Scholarship (At the time of Admissions)

BIC awards scholarships to meritorious students based on their high school performance, extracurricular activities, entrance examination marks, and interview results. The scholarship is calculated using the following weightage system:

Criteria

Weight in Percentage

High School Performance Based on GPA

50%

Marks in the Entrance Examination

30%

Extracurricular Activities

10%

Interview

10%

BIC Scholarship Calculation Method:

  • High School Performance (50%)

This criterion evaluates the academic achievements (GPA) of the student in high school.

  • Extracurricular Activities (10%)
    This criterion assesses the student’s involvement and accomplishments in extracurricular activities such as sports, arts, and community service.
  • Marks in Entrance Examination (30%)
    This criterion considers the scores obtained by the student in the Entrance Examination conducted by BIC.
  • Interview (10%)
    This criterion evaluates the student’s performance in the interview conducted by BIC.

High School GPA, Mark Conversion and Award

High School GPAPoints GainedCumulative PointsTuition FeeAward Amount
>3.8 – 4.05090 and above100%326,000
>3.7 – <3.840>70 – <8035%114,100
>3.5 – <3.730>60 – <7025%81,500
>3.2 – <3.520>50 – <6020%65,200
>3.0 – <3.210>40 – <5010%32,600
>2.8 – <3.05>30 – <405%32,600
>2.0 – <2.8Only entrance based

 Calculation: an Example

High School GPA 3.25Points gained = 20
Extracurricular Activities: 90%Points gained = 8 out of 10
Marks in Entrance Examination: 80%Points gained = 24 out of 30
Interview: 80%Points gained = 8 out of 10

Total Cumulative Points Gained: 20+8+24+8 = 60

Therefore, the student would receive an NRS 81,500 scholarship.

This method ensures a fair and comprehensive evaluation of each student’s overall performance and potential.

3. Ward-Based Scholarships

To provide quality education to meritorious and needy students in the community, BIC awards scholarships to 43 students recommended by the Ward Offices of their respective wards. The different scholarships and their allocated quotas are mentioned below:

S.N.

Award in PercentageQuota/NumberMinimum GPA Required

1

50

4

3.5

2

30

3

3.3

3

20

5

3

4

15

7

2.8

5

10

10

2.5

6

7

14

2.0

Total

43

 

4. Collaborative Partners

BIC highly values our collaborative partners, not only for organizing events, conducting joint research, and providing community services but also for their recommendations in student recruitment. BIC offers various scholarship schemes to the children, siblings, and staff of our collaborative partners who wish to join BIC. The different scholarships and their allocated quotas are detailed below:

S.N.

Award in Percentage

Quota / Number

Minimum GPA Required

1

30

1

3.5

2

20

2

3.3

3

15

3

3

4

10

7

2.8

5

7

10

2.5

Total

23

5. Alumni Referral

We hold our alumni in high regard, recognizing their invaluable contributions in organizing events, conducting joint research, fundraising, and providing community services. We also value their recommendations in student recruitment. The different scholarships and their allocated quotas are detailed below:

S.N.

Award in Percentage

Quota/Number

Minimum GPA Required

1

30

1

3.5

2

20

2

3.3

3

15

3

3

4

10

7

2.8

5

7

10

2.5

Total

23

6. Faculties and Staff

BIC provides scholarships of 50% and 25% for the children of full-time faculty and staff members who wish to enroll in any BIC program. Each program is limited to one scholarship. If multiple applicants apply for a program, the 50% scholarship will be awarded to the student with the highest grades. In the event of a tie, preference will be given to the children of lower-ranking staff members. The remaining applicants will be considered for the 25% scholarship.

7. Principals and Teachers of Other Institutions

BIC highly values the teaching profession and is pleased to offer a 15% scholarship to the children of teachers at all educational levels within the country. Each program is allocated one scholarship in this category.

Furthermore, we deeply appreciate the trust that educational leaders have placed in us by sending their students and children to BIC for university degrees over the past 16 years. In recognition of their continued support, we offer a special scholarship to the children of principals who wish to enroll in BIC programs.

8. Rewarding Performance

The college has been very fortunate with the quality of student groups it has been attracting over the years. To acknowledge and appreciate students’ outstanding performance, the college has instituted a “Performance-Based Scholarship” for the bachelor’s degree program that is transparent and competitive. The scholarship scheme has the following provisions:

SGPA Range

Tuition Fee Waiver

4.0

100%

3.94

50% 

>3.88 and <3.94

40% 

3.88

30% 

3.80 and <3.88

15% 

3.70 and < 3.80

10% 

Topper of each section (Mid-Term and End-Term Exam)

Rs. 1000 Cash Prize + Certificate

1. University Scholarship

BIC offers scholarships for deserving students who have passed the scholarship examination conducted by Pokhara University. Click here to apply for Pokhara University Scholarship.

2. Gold Medal Scholarship

BIC refunds 100% of the tuition fees of the Gold Medalist who completes an MBA from BIC and is awarded the Gold Medal by the university.

3. Dean’s List Scholarship

BIC refunds 20% of the tuition fees of the Dean-listed students who complete an MBA from BIC.

4. Merit-Based Scholarship

ScholarshipCGPAScholarship
Platinum3.954.00Rs. 4,00,000
Gold3.903.94Rs. 3,50,000
Silver3.703.89Rs. 2,50,000

Updated at: June 7, 2025

Join the Best B-School in town.