Which IIMS Offer Scholarships for Aspiring Students?

Scholarship Type

Eligibility Criteria (Means-Based)

Additional Criteria

Coverage/Features

IIM Need-Based Financial Assistance (NBFA)

Gross Annual Family Income ≤ ₹8,00,000 (Common across most IIMs like IIM B, K, L, Ranchi). IIM Indore: ≤ ₹12,00,000.

Must be a bonafide student in the PGP/MBA program. Financial need assessed via application and personal interview.

Partial to Full Tuition Fee Waiver (e.g., 20% to 100% based on financial score).

Top Class Education Scheme (SC/ST)

Annual Parental Income ≤ ₹8,00,000 (General standard for this Central Sector Scheme).

Must belong to the SC or ST category with a valid certificate. Must be admitted to a PGP/MBA program.

Full Tuition Fee and non-refundable charges reimbursement. Maintenance allowance and book allowance.

Merit-cum-Means for Minorities

Annual Parental Income ≤ ₹2,50,000 (Varies slightly by state/scheme).

Belong to a Minority Community (Muslim, Sikh, Christian, Buddhist, Jain, Parsi). Must maintain a minimum of 50% marks in the previous final examination.

Fixed amount of maintenance allowance and tuition fee reimbursement (up to ₹30,000/year).

IIM Merit Scholarships (Batch Topper/Donor)

Academic Performance: Must be among the top 10% or top 25% of the batch (CGPA criteria).

Eligibility specific to the donor (e.g., gender, specific academic background, or participation in an online test).

Varies widely, from fixed stipends (e.g., ₹2,200/year) to high-value annual awards (e.g., ₹1,00,000 - ₹1,75,000).

IIMA Special Need-Based Scholarship

Gross Annual Family Income ≤ ₹15,00,000 (Wider net for preliminary application).

Financial need assessed based on family assets, dependents, and educational loan amount.

Tuition fee waiver. Quantum determined by the IIMA Financial Aid Committee.

IIMs

IIM Scholarship

IIM Scholarship Eligibility Criteria

IIM Ahmedabad

IIMA Special Need-Based Scholarships

Gross annual family income is below Rs. 15,00,000. During the previous financial year, you are eligible to apply for this scholarship.

SC/ST Scholarships

Awarded to meritorious SC/ST students whose family income does not exceed Rs. 4,50,000 per annum.

Aditya Birla Group scholarships

Merit-based scholarship. 6 students are selected.

OP Jindal Engineering and Management Scholars

Based on academic performance along with an online test and personal interview.

IIM Bangalore

T Thomas

The second-year student is shortlisted. Based on what merit cum means.

Societe General Global Solution Centre India

Financially weak students. Based on the interview.

Employment in Social sector scholarship

One-third of the tuition fee will be reimbursed as a scholarship after the candidate has completed 3 years of service in the social sector.

IIM Calcutta

Aditya Kashyap Memorial

First Rank Holder

SC/ST scholarship

Students belonging to SC/ST. Need-based.

IIM Lucknow

Bharti Scholarship

Annual income less than 1.08 lacs p.a.

IIM Indore

Financial scholarship

Need-based

State scholarship

Merit-based. Funded by the state government for top students belonging to the state.

IIM Kozhikode

IIMK Merit Scholarship

awarded to the students of Post Graduate Programmes (PGP, PGPLSM, and PGPFIN) first- and second-year students based on their performance during one academic year, as determined by their CGPA.

Top Class Education Scheme for SC Students

Students belonging to the SC category based on annual parental income from all sources for the previous financial year. The maximum income limit is Rs. 8,00,000/-.

National Fellowship and Scholarship for Higher Education of ST Students

Students belonging to the ST category, based on annual parental income from all sources for the previous financial year. The maximum income limit is Rs. 6,00,000/-.

Merit Cum Means Scholarship for Professional and Technical Courses CS

Students belonging to minority communities who have secured not less than 50% marks or equivalent grades in the previous final examination. The maximum limit of income for the previous financial year is Rs. 2,50,000.

Scholarship Scheme for Govt. of Tamil Nadu

Offered by the Government of Tamil Nadu to the native students belonging to BC/MBC/DNC communities. The maximum limit of income is Rs. 2,000,000/-.

IIM Nagpur

IIM Nagpur Merit Scholarship

For top ten scorer candidates securing 95%ile or above in CAT.

IIM Nagpur Need-cum-Merit Scholarship

For candidates with a family income of less than Rs 8 lakhs.

IIM Ranchi

Merit cum Means Scholarship

Students should possess an aggregate of more than 50% marks (or equivalent grade in the previous final examination).

The annual income of a student’s parents/guardians from all sources should not exceed INR 2.50 lakhs.

IIM Mumbai

Type 1

It gives a 30% waiver on the tuition fee. The annual family income should be less than 2.5 lakhs.

Type 2

It gives a 50% waiver on the tuition fee. The annual family income should be less than 1 lakh.