IIFT Delhi Scholarship 2025

Hauz Khas, New DelhiDeemed to be UniversityEstd 1963NAAC Grade A+
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Collegedunia Team

Content Curator | Updated 3+ months ago

IIFT Delhi provides various Scholarships to its Students. There are various scholarships for IIFT Delhi students, some of which are Need Based Scholarship Scheme, New Scholarship Scheme (NSS), Scholarships offered by the Government of India and Scholarships offered by other Organizations.

 

IIFT Delhi Scholarship Details

Scholarship Details
Need Based Scholarship Scheme Pays Interest Subsidy on Educational Loan for 27 Months; Family Income should be less than INR 6 Lakhs per Year
New Scholarship Scheme (NSS) Will Cover 10% Students with Scholarship Amounting to 20% of Tuition Fee
Scholarships offered by Government of India Various Central & State Level Scholarships
Scholarships offered by Other Organizations Exim Bank Scholarship and OPJEMS Scholarship

 

IIFT Delhi Scholarship: New Scholarship Scheme (NSS)

New Scholarship Scheme (NSS) will cover 10% Students with Scholarship Amounting to 20% of Tuition Fee. The features & criteria are as follows:

  • Scholarship will be given to 10% Students admitted in Regular Programs. Scholarship Amount will be 20% of Tuition Fee for all Full-Time / Regular Courses.
  • Criteria would be Means-cum-Merit basis with 70% Weightage to Means and 30% Weightage to Merit i.e., Total CGPA scored after Completion of the Program.
  • Family Income from all sources is less than INR 8 Lakhs per Annum.
  • Scholarship will be disbursed to Students after completion of their Full-Time Program.
  • If the Number of Eligible Students are more than the Number of Scholarships in a Particular Batch, Students with Higher Scores will be Awarded the Scholarship.
  • Score given to each Student will be Calculated as per details given below: 
Income (Means) Score Given CGPA (Merit)
Upto 5 Lakhs 100% 3.50 or More
5 to 6 Lakhs 90% 3.00 to 3.49
6 to 7 Lakhs 80% 2.50 to 2.99
7 to 8 Lakhs 70% 2:00 to 2.49


 

 

IIFT Delhi Scholarship: Scholarships offered by Government of India

The Government of India offers various Central and State-level Scholarships to Students. The details are as follows:

Income (Means) Score Given CGPA (Merit)
Upto 5 Lakhs 100% 3.50 or More
5 to 6 Lakhs 90% 3.00 to 3.49
6 to 7 Lakhs 80% 2.50 to 2.99
7 to 8 Lakhs 70% 2:00 to 2.49
 

IIFT Delhi Scholarship: Scholarships offered by Other Organizations

IIFT Delhi provides Scholarships by Other Organizations, they are Exim Bank Scholarship & OPJEMS Scholarship. The details for the same are available below:

  • Exim Bank Scholarship: The amount of scholarship that is given to the Topper among the Reserved Category (SC/ST) students in IIFT, is equivalent to the Tuition Fees paid by the Reserved Category Student in the 1st Year of the 2-Year Full-Time MBA Programme in International Business, subject to a ceiling of INR 3.5 Lakh. 
  • OPJEMS Scholarship: This merit based scholarship is given to MBA(IB) students of 1st Year and 2nd Year Students of Delhi Campus. First 10 toppers from 1st year (on the basis of their cumulative score of selection process) and first 10 toppers from 2nd Year (on the basis of their GPA of previous academic year) will be Nominated by the Institute. On the basis of Online Test and Interview conducted by OP Jindal Group, selected Students will be Awarded an Amount of INR 1.50 Lakhs as Scholarship.
 

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IIFT Delhi Scholarship FAQs

Ques. Do Students get Financial Help in IIFT Delhi?

Ans. Yes, Students get Financial Help in IIFT Delhi as the Institute provides various Scholarships.

Ques. Are there any Student Loans in IIFT Delhi?

Ans. There are various banks which provide Loans to IIFT Students. Some of them are Indian Bank, ICICI Bank, Bank of Baroda, Axis Bank, HDFC Bank, Union Bank etc.

Ques. Do State Bank of India provide Loans to IIFT Delhi Students?

Ans. State Bank of India provides Student Loans up to INR 40 Lakhs.

IIFT Delhi Scholarships: Students' Opinion

AI-Generated Summary based on 143 Reviews

The IIFT program fee for two years is approximately Rs 18-22 lakhs, excluding hostel and mess charges. Scholarships are available for meritorious and economically weaker students, including the OP Jindal Scholarship, Dewang Mehta Scholarship for students with a CGPA of at least 3.7, and government scholarships for SC/ST/PWD candidates. The fee for SC/ST/PWD students is about 50% of the general category fee.

SBI offers collateral-free education loans up to Rs 15 lakh at a subsidized rate. There is also an interest waiver for students with a family income below Rs 6.5 lakh. Despite a nominal fee hike, the fee structure and placement opportunities provide a strong ROI compared to other tier-1 MBA colleges.

The average placement package for the 2021-2023 batch was Rs 29.1 LPA.

...Read More
 By Collegedunia’s Personal AI

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Kevin devgan
Kevin devgan
3.5Helpful
Reviewed on Nov 10, 2024(Enrolled 2024)

Student Snaps:

Fees and Financial Aid:

The year wise fees is around 9 lakhs which comes to be around 3 lakhs per trimester. The tution fees is around 2,73,000. There is also admission fee of rupees 50000 which is to be paid in the first trimester. The overall fees is around 17,83,000 for the duration of two years. This is the fee structure of general category students. For reserved category students the fees is 50% as compared to general candidates and also more scholarships available for them.
...Read More
ananya chopra
ananya chopra
3.9Helpful
Reviewed on Sep 7, 2024(Enrolled 2021)

Fees and Financial Aid:

Year wise fee is 1.18lakhs Tuition fee involves the major component. The fee for other categories remains the same irrespective of the category they are from. There are no scholarships available. Everyone pays the same amount.
...Read More
Wamika Sharma
Wamika Sharma
4.6Helpful
Reviewed on Feb 8, 2024(Enrolled 2023)

Fees and Financial Aid:

The fees for the year 23-25 batch is 22L. The hike policy is not publically available but usually the fees hike is not that big. There are scholarship oppournities available on the NSP portal on which the students need to apply. There are also opportunities available for outside private scholarships.
...Read More
Saurabh
4.8Helpful
Reviewed on Feb 5, 2024(Enrolled 2023)

Fees and Financial Aid:

The fee structure of MBA (IB) at IIFT includes all the things like tuition fees, accommodation charges, mess charges, etc. The fee for OBC and General category students is 21,70,000 Rs. for 2 years, which is to be paid in 6 instalments over the 2 years. Periodic fee hikes are communicated in advance in the admission notifications. The college provides scholarships to students based on merit & need. In terms of campus jobs, the college provides very good placement opportunities in the best companies. The average final placement for the batch 2021-2023 was 29.10 LPA. The placements at IIFT provide a good ROI to the students for the fees they pay.
...Read More
BISWAJIT TRIPATHY
BISWAJIT TRIPATHY
5.0Helpful
Reviewed on Feb 4, 2024(Enrolled 2023)

Fees and Financial Aid:

The fee for 2 year MBA-IB program is Rs 21.77 lakhs including books, hostels, computer lab, and admission fees. For NRI students it stands at around USD 60,000 plus a tax of Rs 3.4 lakhs. It offers following scholarships 1.NSP (National Scholarship Scheme) for need cum merit-based, where a sum of 15K/month is received by the beneficiary for around 10 months per year,it needs to be renewed each year. 2.OP Jindal Scholarship for Meritious candidate of 1.5 lakhs to meritorious candidate 3.EXIM Bank Scholarship of 3.5lakh to Toppers in SC/ST category students only. 4.National Scholarship Scheme for PWD, OBC & SC/ST category students, it is the same as NSP(point 1) but with consideration of category as criteria for selection.
...Read More
PAPPU JUDHVI RAJ
5.0Helpful
Reviewed on Feb 4, 2024(Enrolled 2023)

Fees and Financial Aid:

The fee for this course is 21.77 lakhs. They will be getting an education loan from all the National Bank at a very good interest rate, and also they will be numerous scholarships to apply like a National scholarship for post-graduate students so which will cover like 20000 per month for two years of the program.
...Read More
MANIK GOEL
MANIK GOEL
5.0Helpful
Reviewed on Feb 2, 2024(Enrolled 2023)

Fees and Financial Aid:

The total fees including hostels is 1100000 per year, including hostels and the exam fees. There is no hike in general, but the candidates should visit the website for regular updates. The fee is half, that is, 1100000 for SC/ST candidates.
...Read More
Himanshu Giri
Himanshu Giri
3.6Helpful
Reviewed on Feb 2, 2024(Enrolled 2023)

Fees and Financial Aid:

The fee is quite steep but that has been the current trend in almost every Business School. I don't have any scholarship and financial assistance is provided by my family. Since I'm in first year, I haven't got any job from campus yet.
...Read More
Yash Longani
Yash Longani
4.3Helpful
Reviewed on Feb 1, 2024(Enrolled 2023)

Student Snaps:

Fees and Financial Aid:

The fee structure is we have to pay around 330000 each trimester. In this fee our hostel fees are included. There national Scholarship for the IIFT students. The basis of scholarship is based on merit and need. There are no campus jobs.
...Read More
SUDIPTA PATI
4.4Helpful
Reviewed on Jan 31, 2024(Enrolled 2023)

Student Snaps:

Fees and Financial Aid:

Fees are at par with other schools in the country but they provide hostel accommodation along with that. A number of scholarships are on offer such as OP Jindal scholarship. I got placed in Capgemini with a stipend of 75,000.
...Read More

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Comments


Found 2 Comments

A
aafiya yadgir
Mar 27, 2024 20:52
Is Financial Aid available for IIFT Delhi?
A
Ashish Ramtari
Mar 28, 2024 07:05

Yes, Financial Aid is available for the students in the form of scholarships. There are different scholarships offered to the students which are mentioned below:

  • New Scholarship
  • Need Based Scholarship
  • Central Sector Scholarship of Top Class Education
  • Central Sector Scholarship of Higher Education
  • Top Class Education Scholarship for students with benchmark disabilities
  • Merit cum Means Based Scholarship
V
vidhi sharma
Mar 27, 2024 18:31
Is there any reservation in Scholarship in IIFT Delhi?
A
Ashish Ramtari
Mar 28, 2024 07:10

Yes, there are some scholarships offered on the basis of reserved categories. Some scholarships are given below:

  • Central Sector scholarship offered by the government of India to the ST Category students.
  • Central Sector scholarship of Top Class Education in college offered to the OBC Category students.
  • Central Sector scholarship of Top Class Education to the SC Students based on their income

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