IIM Ahmedabad Scholarships

Indian Institute of Management Ahmedabad offers numerous worthy & talented students a wide variety of Special-Need-based financial aids. They ensure that no deserving student is left out of the opportunity of pursuing education at IIMA.  

Here is a detail of Scholarships/ Financial Aids provided by IIM Ahmedabad:

IIM Ahmedabad Special-Need-Based Scholarships

• For the students whose family’s gross annual income is below INR 15 Lakhs during the previous financial year.
• Family income includes the total income of the parent(s), guardian(s), or spouse if married.
• The scholarship is based on criteria like movable and immovable family assets, the number of dependents on the family income, and any other criteria it may deem necessary.   

IIM Ahmedabad SC/ST Scholarships

• All postgraduate SC/ST students get a scholarship of INR 150 per month.

IIM Ahmedabad Exit Scholarships

1.     Scholarships for students going for Entrepreneurship after Graduating from IIMA

• Two students from every batch becoming entrepreneurs are provided financial assistance of INR 30,000 for three consecutive years.
• Interested students must have a business plan and should opt out of placement.

2.     Scholarships for students joining Non-for-Profit Organizations after Graduating from IIMA

• Two students from every batch opting for NGO jobs are provided financial assistance of INR 3-4 LPA per student for three consecutive years.
• This scheme also helps in paying out the bank loans which was availed for studying in IIMA.

3.     Scholarships for students pursuing Doctoral Studies after Graduating from IIMA

• Two students from every batch willing to pursue doctoral studies are provided financial assistance of INR 3-4 LPA per student for three consecutive years.
• This scheme encourages students to pursue Ph.D. studies in India or abroad.

IIM Ahmedabad Government Scholarships

1.     Scholarships for SC/ST

• For students belonging to SC/ST category.
• The family income should not exceed INR 4.5 LPA.

2.     Scholarships for Minority Welfare

• For students belonging to minority communities.
• The family income should not exceed INR 4.5 LPA.

3.     Scholarships for Students with Disabilities

• For students belonging to DA/PwD category.
• The family income should not exceed INR 6 LPA.

For more details, please visit the national scholarship portal at http://www.scholarships.gov.in.

IIM Ahmedabad Alumni Scholarships

1.     PGP Alumni Endowment Funds

• For 9 students belonging from PGP I & PGP/FABM II with economically and socially challenged environments, based on their financial status every year.
• Each student is provided financial assistance of INR 2-3 LPA.
• This scheme is for those students who ensure to contribute within 5-7 years of their graduation, a sum at least equal to but preferably substantially more than what s/he received towards providing similar support to such students.
• One year after graduating from IIMA, students are given permission to begin making contributions. The only students who would receive financial aid would be those who agreed to make the contributions mentioned above.

2.     Class of PGP 2001, Peri Viswanath Scholarship

• For only 1 student whose 1st-year performance in PGP/ PGP-FABM and past academic is exceptional and the family, income is below INR 15 LPA.
• The student is provided financial assistance of INR 2 LPA and in 2 years he/she will get INR 4 Lakhs.
• This scheme is for those students who ensure to contribute within 5-7 years of their graduation, a sum at least equal to but preferably substantially more than what s/he received towards providing similar support to such students.
• One year after graduating from IIMA, students are given permission to begin making contributions. The only students who would receive financial aid would be those who agreed to make the contributions mentioned above.

3.     Shri GC Mittal Entrepreneurship Aid

• For limited students who after graduating from IIMA intend to start their own venture had taken an educational loan of a minimum of INR 1 Lakh and whose family income is below INR 8 LPA.
• The student is awarded an amount of INR 2 LPA on the day of convocation.
• The selection of the awardee is done on the basis of the business plan submitted by the applicant.

4.     Smt. J Nagamma Memorial Award

• For only 1 PGP 1^st year student whose academic performance in the first year was excellent.
• This merit-based scholarship provides students with an amount of INR 15,000.

IIM Ahmedabad Industrial Scholarships

1.     Aditya Birla Group Scholarships

• Aditya Birla Group selects 3 meritorious PGP I & PGP II students.
• Each student is awarded INR 1.75 LPA.

2.     Dunia Scholarships for Scholastic Excellence

• Dunia Finance LLC, Dubai, UAE selects 2 students each from PGP-Is & PGP-IIs.
• Each student receives INR 1 Lakh.

3.     OP Jindal Engineering and Management Scholarship

• OP Jindal selects one/two 2^nd year PGP students on the basis of academic performance, online tests, and personal interviews.
• Each student receives INR 1.5 LPA.

4.     Thomas Scholarship

• Hindustan Unilever Ltd. Provides merit-cum scholarships to a 2nd-year student.
• Student receives INR 1 LPA.

IIM Ahmedabad Scholarship Guidelines

1. Any student who is found to have violated the Institute's disciplinary rules or to have engaged in misconduct will not be given consideration for one of these scholarships or other forms of financial help.
2. The minimum grade point requirements for students to be eligible for scholarships are set by the Institute's Financial Aid and Awards Committee.
3. If the sponsors have no objections, a student may accept more than one scholarship or financial aid during the same academic year, as long as the combined amount does not exceed the actual yearly expenses (PGP fees and other charges plus boarding and lodging as well as personal expenses up to Rs. 30,000 per year) payable to IIMA during the same academic year.
4. Whenever a scholarship or financial assistance recipient obtains another scholarship or financial aid from a source other than the Institute, he or she should notify the admissions office right away.
5. The Financial Aid and Awards Committee's decisions regarding the distribution of financial aid and scholarships are final.
6. The terms regulating the award of financial aid and scholarships are subject to modification at the Institute's and sponsor organizations' discretion, on the following grounds:

• Submitting false information in the scholarship/financial aid application
• Violation of Institute disciplinary norms
• Misbehaviour

Frequently Asked Questions about IIM Ahmedabad Scholarship

Q. Total how many Scholarship Programs are available in IIM Ahmedabad?

Ans. IIMA provides main 6 categories of scholarship programs, they are:

• Special Need-Based Scholarships
• SC/ST Scholarships
• Exit Scholarships
• Government Scholarships
• Alumni Scholarships
• Industrial Scholarships

Q. Can I avail KVPY Scholarship at IIM?

Ans. KVPY offers scholarships to the UG and PG Science courses pursued by qualified students. Since IIM offers only management courses to the students, they can’t avail of KVPY scholarships.

Q. Can I study at IIM for free?

Ans. When you enroll at an IIM, there are no set scholarships available. Regardless of caste or gender, all students pay the same fees. Yet after joining, you'll learn about the different scholarships offered by other governments and organizations.

Q. Can I receive a 100% IIM Scholarship?

Ans. IIM Scholarships will waive between 10% and 100% of tuition costs depending on the college.

Q. Does IIM Ahmedabad help with bank loan applications for Education?

Ans. A number of banks are considering lending money to students who have been accepted to IIM Ahmedabad. In addition to their own banking resources, international students can visit Indian bank branches in their home countries.

Here is a list of banks that offers financial aid to IIMA students

• Central Bank.
• Punjab National Bank
• State Bank of India
• Union Bank
• Bank of Baroda
• IDFC FIRST Bank
• HDFC Credila

(As interest rates fluctuate, please get in touch with the bank(s) immediately for more precise information)

Q. Do CAT toppers get a Scholarship?

Ans. No, just clearing the CAT examination won't grant any scholarship. There are various scholarships that one can get after removing the CAT examination, but they're all performance-based and vary from B-School to B-School.

Q. What are the Fees of IIM Ahmedabad?

Ans. IIM Ahmedabad provides 9 different courses with an average fee of INR 12 LPA.

Q. What is the Average Package offered in IIM Ahmedabad Placement?

Ans. IIMA 2022 placement offered an average package of INR 32.79 LPA.

Q. What are the Facilities provided at IIM Ahmedabad?

Ans. IIM Ahmedabad is 102 acres campus with every facility available for the ease of students and faculties. The facilities provided are Academic Blocks, High-tech Administrative Blocks, Auditoriums, Libraries, Dormitories & Flats, Faculty Housing, Outdoor Sports, Indoor Sports, Gym and Yoga Rooms, Cafeteria & Mess, Dispensary & Pharmacy, ATM, Post Office, Courier Services, Solar Power Plant, Solid Waste Management, Rainwater Harvesting, Nursery, Elevators, Ramps and many more.

Q. How can I directly contact IIM Ahmedabad?

Ans. IIM Ahmedabad contact details

Phone No.: 079-2630 8357/ 71523456 

Official website: https://www.iima.ac.in/