IIM Shillong Scholarships

MBA programs in the top IIMs and top B-schools in the country are expensive, considering the quality of education offered at these institutes. Acknowledging the hardships students from economically challenged backgrounds may encounter, all the IIMs and top management institutions offer various financial assistance to students. Students with excellent academic records and low annual family incomes often get financial help for their studies in these premier institutes. Additionally, these institutes facilitate several scholarship schemes offered by both central and state governments for deserving candidates based on certain eligibility criteria. IIM Shillong has a provision for Need-Based Financial Assistance for MBA students from economically weak backgrounds. The number of students to consider for financial assistance is decided by the institute based on their gross annual family income, creditworthiness, student assets, and overall suitability. The details about the scholarships and financial assistance will be informed to the students after the process of IIM Shillong admission is over. The institute admits 240 students to its two-year MBA program and the fee for the entire program is INR 14,60,000. IIM Shillong scholarships are a source of support for MBA students with an excellent academic profile and limited finances and the institute offers Need-Based Financial Assistance to deserving students. Apart from IIM Shillong scholarships and other financial assistance offered by the central/state government, the institute also helps students take educational loans from banks during admission.  

IIM Shillong scholarships are categorized as:

• Need-Based Financial Assistance Scheme. 
• Scholarships offered by the Indian Government.

Detailed information on IIM Shillong scholarships is given below;

Need-Based Financial Assistance Scheme

The need-based Financial Assistance scheme is the most popular scholarship offered at IIM Shillong for MBA students. This financial assistance is often provided to meritorious students with low family incomes. At the time of admission, students will be asked to submit the details to check their eligibility if they want to avail of this scheme, and assistance will be provided only to the selected students after confirming their eligibility. 

• IIM Shillong scholarships include a Need-Based Financial Assistance Scheme to help MBA students from financially challenged backgrounds. 
• The need-based financial assistance is for students with an excellent academic record but with limited finances. 
• The seats available for this financial assistance are limited and it depends upon the number of students with low annual family income. 
• The assistance is offered based on gross annual family income, creditworthiness, student assets, and overall suitability.

Furthermore, the institute facilitates several scholarship schemes offered by the central and state governments. 

Scholarships offered by the Government of India 

Apart from the Need-Based financial assistance scheme under IIM Shillong scholarships, the institute actively facilitates several scholarships offered by the Government of India for students who fall under reserved categories (Scheduled Caste / Scheduled Tribe / People with Disabilities).

There are three categories of scholarships offered by the government of India are available at IIM Shillong. Each scholarship has specific eligibility criteria that applicants must meet to be considered. 

• National Fellowship and Scholarship for Higher Education of Scheduled Tribe Students (Central Sector Scheme, CSS).
• Central Sector Scheme of Scholarships for College and University Students. 
• Merit Cum Means Scholarship for Professional and Technical Courses.

Have a detailed look at each of the above scholarships offered by the Government of India. 

National Fellowship and Scholarship for Higher Education of Scheduled Tribe Students 

• These scholarships are available to students who belong to the ST category and want to pursue higher degree courses like M.Phil., and Ph.D. 
• To be eligible for the National Fellowship and Scholarship for Higher Education of Scheduled Tribe Students (Central Sector Scheme), students must have passed their Master's Degree examination.
• Students will be selected based on merit. Eligible students can apply for the scholarships through the official website, https://fellowship.tribal.gov.in. 
• There are a total of 750 seats available for the National Fellowship and Scholarship programs. 
• If the number of applicants exceeds the number of available seats for the fellowship program, post-graduation marks will be considered for the final selection.
• If the number of students from the ST Category is lesser than the available seats, the scholarship seats not availed by students during that year will be carried forward to the next academic year.

National Fellowship and Scholarship for Higher Education of Scheduled Tribe Students (Central Sector Scheme): Eligibility and Duration of the Scholarship for M.Phil. and Ph.D.;

Course	Eligibility	Duration
M.Phil.	Qualification: Minimum 55% marks at the final examination at the post-graduate level from a recognized university. Income Criteria: There are no income criteria for the eligible students under the National Fellowship and Scholarship.  Age Limit: The maximum age limit for eligibility is 36 years, as of the first day of July in the year when the scholarship is awarded.	2 years or the date of submission of the dissertation, whichever is earlier.
Ph.D.		5 years or the date of submission of the dissertation, whichever is earlier.
M.Phil. + Ph.D.		A total of 5 years or the date of submission of the dissertation, whichever is earlier.

The National Fellowship and Scholarship is offered as reimbursement of the program fee and other costs incurred. The reimbursement amount allowed for each course and the stream is given below;

Reimbursement Amount in National Fellowship & Scholarship:

Course	Stream	Contingency Annually	Scholarship
M.Phil.	Humanities and Social Sciences	INR 10,000	INR 31,000
	Science / Engineering Technology	INR 12,000
Ph. D	Humanities and Social Sciences	INR 20,500	INR 31000 for the first two years and INR 35000 for the remaining 3 years
	Science / Engineering Technology	INR 25,000
HRA for all the courses (monthly): Equal to UGC rates (8%/16%/24% based on the city)
Escort Allowance for Divyangjan (monthly): INR 2000 (at par with UGC rates)

What are the documents required during the scholarship application process? The important documents needed during the application are given below;

• Latest passport-size photograph. 
• ST/PVTG certificate.
• 10th or equivalent certificate (in support of date of birth).
• Divyangjan certificate.
• Post-graduation mark sheet.
• Admission/Joining certificate of M.Phil./Ph.D. / Integrated M.Phil.+ Ph.D. from the University.
• Admission offers for students accepted into IITs, AIIMS, IIMs, and IISERs. 

Central Sector Scheme of Scholarships for College and University Students 

Central Sector Scheme of Scholarships for College and University Students aims to provide financial assistance to meritorious students from low-income families to meet a part of their day-to-day expenses while pursuing degree programs. 

• Students with a gross family income of up to INR 4.5 lakh per year are eligible for scholarships under the scheme.
• A total of 82,000 seats are available as fresh scholarships every year for pursuing graduate or postgraduate courses in colleges and universities and for professional courses.
• Eligible students can apply through the NSP Portal when the application process for the scholarship starts. 

The Amount offered under the Central Sector Scheme Scholarship:

Qualification Level	Scholarship Amount
Graduation level- for the first 3 years	INR 12,000 per year
Post Graduation level	INR 20,000 per year
Integrated courses (in 4th and 5th years)	INR 20,000 per year

Merit Cum Means Scholarship for Professional and Technical Courses 

The Merit Cum Means Scholarship for Professional and Technical Courses solely provides financial assistance to meritorious students with low annual family incomes belonging to minority communities. The scholarship is carefully crafted to benefit students studying professional and technical courses. 

• Students with more than 50% marks or equivalent grades in the previous final examination and an annual family income from all sources that does not exceed INR 2.50 lakhs are eligible for the scholarship.
• The minority section eligible for the scholarship includes Muslims, Sikhs, Christians, Buddhists, Jain, and Zoroastrians (Parsis) under Section 2 (c) of the National Commission for Minorities Act, 1992.
• A total of 60,000 scholarship seats are available as fresh scholarships, besides, renewal scholarships. 

The Amount offered under Merit Cum Means Scholarship 

Particulars	Scholarship Amount
Course Fee	INR 20,000 per year subject to actuals whichever is less, (for both Hosteller & Day-Scholar).
Maintenance Allowance	INR 1,000 monthly for students residing in hostels and INR 500 monthly for day scholars (for 10 months).

Frequently Asked Questions About IIM Shillong Scholarships

Q. What are the need-based IIM Shillong scholarships?

Ans. The need-based Financial Assistance scheme is one of the most popular IIM Shillong scholarships offered at the institute for MBA students. This financial assistance is often provided to students with excellent academic records and low family incomes. 

Q. Are there any scholarship programs available for ST students in IIM Shillong?

Ans. The National Fellowship and Scholarship for Higher Education of Scheduled Tribe Students (Central Sector Scheme) are available for ST students with a low family income.

The details of the National Fellowship program are listed below;

• The National Fellowship and Scholarship program is available to students who belong to the ST category and want to pursue higher degree courses like M.Phil., and Ph.D. 
• To be eligible for this scholarship, students must have passed their Master's Degree examination.
• Students will be selected based on merit. Eligible students can apply for the scholarships through the official website, https://fellowship.tribal.gov.in. 
• There are 750 seats available for the scholarship program. 
• If the number of applicants exceeds the number of available seats for the fellowship program, post-graduation marks will be considered for the final selection.
• If the number of students from the ST Category is lesser than the available seats, the scholarship seats not availed by students during that year will be carried forward to the next academic year.

Q. What are the Government of India Scholarships available at IIM Shillong?

Ans. Many financial assistance programs are accepted at IIM Shillong offered by the Government of India. For example, Merit Cum Means Scholarship for Professional and Technical Courses, Central Sector Scheme Scholarships for College and University Students, and National Fellowship Scholarship for ST Students. 

Q. What is the reimbursement amount available in the scholarships offered by the Government of India at IIM Shillong?

Ans. A good amount of reimbursement is offered to students availing Scholarships by the Government of India ranging from INR 12,000 to as high as INR 31,000 depending upon the scholarship programs.

Q. How many scholarship seats are available in the Central Sector Scheme Scholarships for College and University Students?

Ans. A total of 82,000 seats are available for the students eligible to avail of Central Sector Scheme Scholarships.