Yes college offers scholarships for the 1st 10 rank holders (general category) there are separate scholarships for 2 students belonging to ST category, 3 students belonging to SC category and 5 students belonging to OBC category. The scholarship is given on the basis of 1st term and 4th term results. Scholarship amount is around 50, 000 INR
Students belonging to backward communities irrespective of scores are stiphened by the government via the institute on monthly basis. Top 10 scorers including reservation will be availinh scholarship rewarded by the institute. The college is rated AA by banks hence a loan amount of 7,50,000 can be availed from SBI without any security distress.
One can easily avail the loan in the name of IIFM, it falls in category A of certain banks like the SBI. To compare bank rates of a couple of them before deciding and also check for the college's name in premier lists of the banks- there's less ROI that one needs to pay for such colleges.
Scholarship is offered at the end of 1st year and 2nd year based on the performance in the whole year. Loan facilities can be availed from any bank. Most of the banks have this college listed in A category college so it's not difficult to get loan. Indian Bank also had it in A category last year and charge interest rate of 8.4%. Don't know if it has changed
The students scoring well in the exams and getting a place in the top 20% of the batch, receive a stipend of Rs. 5000 per month. Various banks offer loans to the students. I know of some batchmates who opted for a loan from SBI bank associated with the college. There are other scholarship options for students from various states and reserved categories.
I have not opted for any scholarship or education loan. But some of my colleagues have opted for loans and scholarships. Top 20 percent of the batch gets a scholarship from the MoEFCC. Some students are also availing SC/ST scholarship by the Center. Students of the reserved category have to pay almost half the fees compared to general category students. One can apply for an education loan to any bank after showing the acceptance of application from IIFM.
Yes there now is Stipend scheme in place plus if a student gets selected in IIFM then he becomes eligible for SBI's scholar loan, at quite low interest rates.
Yes, the IIFM Bhopal offers scholarships for the 1st 10 rank holders (general category) there are separate scholarships for 2 students belonging to the ST category, 3 students belonging to the SC category, and 5 students belonging to the OBC category. The scholarship is given on the basis of 1st-term and 4th-term results. The scholarship amount is around INR 50, 000. Students belonging to backward communities irrespective of scores are stipends by the government via the institute on a monthly basis. The top 10 scorers including reservation will be availing scholarships rewarded by the institute.
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Yes, the IIFM Bhopal offers scholarships for the 1st 10 rank holders (general category) there are separate scholarships for 2 students belonging to the ST category, 3 students belonging to the SC category, and 5 students belonging to the OBC category. The scholarship is given on the basis of 1st-term and 4th-term results. The scholarship amount is around INR 50, 000. Students belonging to backward communities irrespective of scores are stipends by the government via the institute on a monthly basis. The top 10 scorers including reservation will be availing scholarships rewarded by the institute.