IIM Nagpur Scholarship 2025

Nagpur, MaharashtraAutonomous UniversityEstd 2015
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Collegedunia Team

Content Curator | Updated 3+ months ago

IIM Nagpur scholarships are available for meritorious students with low finances. The financial support provided by the institute is in the form of merit scholarships and need-based scholarships. Moreover, IIM Nagpur provides government scholarships to economically weaker backgrounds to pursue degree programmes at IIM Nagpur. Here are the scholarships provided by the institute:

 

IIM Nagpur Scholarship Details 

The below table gives an overview of list of scholarships available at IIM Nagpur:- 

Name of scholarship Scholarship amount
Merit Cum Means Scholarship for Professional and Technical Courses Course fee - INR 20,000 per annum subject to actual whichever is less (for both Hostellers and Day Scholars) + Maintenance allowance - INR 1,000 per month for 10 months (Hosteller)
/ INR 500 per month for 10 months (Day Scholar)
Scholarships for Top Class Education for students with disabilities Tuition fee and non-refundable charges - Up to INR 2 lakh per annum (subject to actual amount) + Purchase of a computer with accessories - INR 30,000 (one-time grant) + Purchase of aids and assistive devices - INR 30,000 (one-time grant) + Maintenance allowance - INR 3,000 per month (Hostellers) / INR 1,500 per month (Day-Scholar) + Books and stationery - INR 5,000 per annum + Special allowances (related to types of disabilities like reader allowance, helper allowance etc.)- INR 2,000 per month
 

Check IIM Nagpur Courses and Fees

 

Scholarships offered by IIM Nagpur 

  • IIM Nagpur offers scholarships divided into 2 main categories: Merit based and Need-cum-merit based scholarships as explained below:- 
Scholarship offered by IIM Nagpur Eligibility 
IIM Nagpur Merit Scholarship  For candidates securing 95% or above in CAT.
IM Nagpur Need-cum-Merit Scholarship For candidates with family income less than INR 5,00,000
  • IIM Nagpur scholarships awarded to eligible students are limited in number. The institute will be awarding scholarships to 20 students only of which 10 are for merit-based and 10 are for need cum merit based scholarships. 
  • Selected candidates receive a complete waiver for the tuition fee for the two-year programme. The scholarship policy get revised every year and is updated on the official portal. 

IIM Nagpur Placements 

 

Scholarships offered by the Government of India 

There are special financial assistance schemes offered by the Government of India of which some are mentioned below:- 

  • Merit Cum Means Scholarship for Professional and Technical Courses
  • Merit cum means scholarship is provided to students belonging to one of the Minority communities (Muslims, Sikhs, Christians, Buddhists, Jain, and Parsis/Zoroastrians).
  • Students with at least 50% marks or equivalent grade in the previous final examination are eligible to apply. 
  • Moreover, students having an annual family income of less than INR 2.50 lakhs from all sources are eligible to apply for merit cum means based scholarships under IIM Nagpur scholarships. 

Scholarship Amount 

Particulars  Scholarship Amount 
Course Fee INR 20,000 per annum subject to actual whichever is less 
Maintenance Allowance  INR 1,000 per month for 10 months (Hosteller),
INR 500 per month for 10 months (Day Scholar)

Read More: IIM Nagpur Admissions

  • Scholarships for Top Class Education for Students with Disabilities (SwDs)
  • Popularly known as CSS Scholarships for Students with Disabilities (SwDs), these are initiated by the Deptt. of Empowerment of Persons with Disabilities, GoI. The scholarships tend to provide financial assistance to students pursuing studies at UG / PG / Diploma level. 

Eligibility

  • Students pursuing studies at UG / PG / Diploma level in notified institutions of excellence in education are eligible to apply for IIM Nagpur scholarships- Top Class Education of Students with Disabilities (SwDs). 
  • Students having more than 40% disability + a valid certificate for the same are eligible. 
  • Interested candidates for Top Class Education of SwDs scholarships should have an annual family income of less than INR 6,00,000 from all sources. 

Scholarship Amount

Particulars  Scholarship Amount
Tuition Fee and Non-refundable Charges Payable to the Institute Up to INR 2 lakh per annum (subject to actual amount)
Purchase of a Computer with Accessories INR 30,000 (one-time grant)
Purchase of Aids and Assistive Devices INR 30,000 (one-time grant)
Maintenance Allowance  INR 3,000 per month (Hostellers), INR 1,500 per month (Day-Scholar)
Books and Stationery INR 5,000 per annum
Special Allowances (related to types of disabilities like reader allowance, helper allowance etc.) INR 2,000 per month

IIM Nagpur Ranking 

  • Top Class Education Scheme for SC Students
  • Offered by the Ministry of Social Justice & Empowerment, GoI, to SC students. It is provided based on their annual parental income for the previous financial year. 
  • Candidates interested to apply for such scholarships should have a gross family income not exceeding INR 8,00,000/-.
  • National Fellowship and Scholarship for Higher Education of ST Students
  • National Fellowship Scholarships offered by the Ministry of Tribal Affairs, Government of India to ST students. It is provided based on annual parental income for the previous financial year. 
  • The maximum income limit in National Fellowship & Scholarships under IIM Nagpur scholarships is INR 6,00,000/-. There is no institute wise / state wise / stream wise ceiling of number of slots.

IIM Nagpur Cutoff 

 

Complimentary Scholarships at IIM Nagpur

  • Some complimentary scholarships available for IIM Nagpur students include those provided by respective state governments:-
  1. i) Chief Minister Fellowship Yojana (CMFY), by Government of Jharkhand
  2. ii) Rajarshi Shahu Maharaj Merit Scholarship to SC students, by Government of Maharashtra
  • Private companies and organizations:- IIM Nagpur also facilitates scholarships awarded by corporates and private organizations. For more details, students can visit the official website. 
  • Educational loans at IIM Nagpur:- IIM Nagpur also encourages education loans for students with low finance. To name a few banks:- 
  1. i) Bank of Baroda
  2. ii) Bank of India

iii) Central Bank of India

  1. iv) State Bank of India
  2. v) Union Bank of India
  3. vi) Canara Bank and so on. 

Read More: IIM Nagpur Reviews

 

IIM Nagpur Scholarships FAQs

Ques. What is the eligibility to qualify for merit scholarships at IIM Nagpur?

Ans. IIM Nagpur offers merit scholarships to candidates securing 95% or above during their CAT exam.

Ques. Does IIM Nagpur offer need based scholarships to its students? 

Ans. Yes, IIM Nagpur offers need cum merit based scholarships to its students having an annual family income less than INR 5,00,000. 

Ques. Can students avail educational loans for their studies in IIM Nagpur? 

Ans. Yes, students have the option to avail educational loans from their respective banks or those mentioned by the institute. These include, Bank of Baroda, SBI, Union Bank of India, Canara Bank etc.

Ques. What are government scholarships offered to IIM Nagpur students? 

Ans. Government scholarships include National fellowship & scholarships, Top class education for SC / ST students, Scholarships for students with disabilities and so on.

Ques. Does the central government offer scholarships at IIM Nagpur?

Ans. Yes, the state governments of Jharkhand and Maharashtra offer scholarships at IIM Nagpur. These include Chief Minister Fellowship Yojana (CMFY), by Government of Jharkhand and Rajarshi Shahu Maharaj Merit Scholarship to SC students, by Government of Maharashtra.

Ques. Are there any financial support schemes from non-governmental bodies? 

Ans. Yes, various private bodies provide scholarships at IIM Nagpur. The list of those organizations is yet to be released and students can check for more details on the official website.

IIM Nagpur Scholarships: Students' Opinion

AI-Generated Summary based on 77 Reviews

The fee for the Post Graduate Program in Management (PGPM) at IIM Nagpur is approximately INR 13.75 lakhs, which includes hostel fees but excludes mess charges. The fee is payable in installments across six terms. The institute offers various scholarships to support students financially, including Special Need-Based Scholarships (SNBS), merit-based scholarships, and need-cum-merit-based scholarships.

Additionally, scholarships like the Rajarshi Shahu Maharaj Merit Scholarship and Chief Minister Fellowship Yojana (CMFY) are available for eligible students. The institute also supports students in obtaining educational loans from banks, often without collateral. IIM Nagpur consistently achieves 100% placement, ensuring a good return on investment for students. The college provides ample opportunities for scholarships from both central and state governments, as well as from private organizations, based on merit, economic status, and other criteria.

...Read More
 By Collegedunia’s Personal AI

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Ritu
Ritu
4.9Helpful
MBA
Reviewed on Jan 26, 2025(Enrolled 2024)

Fees and Financial Aid:

Tuition fee paid for each term is 310000 and we have 6 terms, registration fee was none it was included in erm 1 fees. There are 21 scholarships availble for students. and reservations are also provided for ST, SC, Ews candidates.
...Read More
Muskan Gulyani
5.0Helpful
Reviewed on Nov 8, 2024(Enrolled 2024)

Fees and Financial Aid:

So, in IIM, Nagpur fees for the course goes term wise and the whole lump sum amount is around 20,00,000 for 2 years. It's upto your pocket that whether you want to pay it by yourself or want to go with loan offered by banks. Yes, they do offer scholarships for the students. So they have 2 types of Scholarships - Merit-based and Need cum merit-based. The tution fees offered is 100% i.e. a whole financial aid. Merit-based scholarship is like the people who have percentile above 95%ile only they can apply for the same, they also have to maintain their CGPA above 7 out of 10. Now, Talking about Need cum Merit-based, your percentile must be above 50%ile, your income must be below 8 lakhs per anum, you have to maintain your CGPA above 6 out of 10. There's not any difference in fees for category students and non category, you can only apply for scholarship. On the basis of your documents and interview you'll get the fee waiver.
...Read More
Himanshi Bhatnagar
4.9Helpful
Reviewed on May 20, 2024(Enrolled 2019)

Fees and Financial Aid:

Durin 2019-21, the fee was 18 LPA, including everything. I didn't avail but there were scholarships available and the process to avail was very easy, the admin staff was also very helpful and cooperative. The internships and placements were upto the mark, even during Covid.
...Read More
Tanisha Gupta
Tanisha Gupta
4.0Helpful
Reviewed on May 7, 2024(Enrolled 2023)

Fees and Financial Aid:

Iim nagpur is best when it gives to scholarships. Merit scholarships are given. Need cum merit based scholarships are also given. Fee is 20 lakhs for 2 years. Loan assistance is provided by different banks. College also assists for loan
...Read More
PRERNA YADAV
3.7Helpful
Reviewed on Jan 17, 2024(Enrolled 2023)

Fees and Financial Aid:

The total fees of one semester is 3,10,000 and the overall fees for two years in 18,90,000 including 50,000 caution fees and excluding the mess charges. The mess fees is 6,000 per month. There are different scholarships according to the merit and state government scholarships according to your domicile.
...Read More
Rajat
5.0Helpful
Reviewed on Jul 15, 2023(Enrolled 2023)

Student Snaps:

Fees and Financial Aid:

The total fee is 1890000. There are various scholarships available you can find on the IIM Nagpur website. The best scholarship is ten students with 95+ percentile in CAT are eligible for the director's merit scholarship and with this scholarship, their entire fee will be waived.
...Read More
Priyank Pawar
Priyank Pawar
4.6Helpful
Reviewed on Apr 28, 2023(Enrolled 2018)

Fees and Financial Aid:

The present Fee of my College is 18 lakhs for the PGP MBA course. This gives you a plethora of opportunities to explore in terms of short-duration internships to be equipped with the right industrial knowledge before sitting for placements. Now they've started scholarships for Meritorious students and students from economically weaker sections to support deserving students.
...Read More
GUDLA VIHARI
3.7Helpful
PGPM
Reviewed on Feb 1, 2023(Enrolled 2021)

Fees and Financial Aid:

The fee we are paying is 13.75 lakhs, but it was hiked after our batch, there are many scholarships for reservation students, and assistance would be provided by the college, the placement support is also good and I received a PPO with 16.75 LPA.
...Read More
DEEPAK SINGH
4.3
PGPM
Reviewed on Jan 26, 2023(Enrolled 2021)

Fees and Financial Aid:

Fees were recently hiked for the junior batch while the batch was started on the permanent campus in Mihaan. The cost to study is not very high when compared to other IIMs. A lot of scholarships are provided for studying in a premier institute. Almost all state government educational scholarships can be availed
...Read More
SOUNAK PAUL
4.2Helpful
PGPM
Reviewed on Jan 25, 2023(Enrolled 2021)

Fees and Financial Aid:

The fee for the entire course is 1300000 INR. Each term the average fee collected is 2,24,500, Tuition fee for each term is 170000 INR. Hostel fees is 35000 INR. Other Miscellaneous fees are collected in term 1 and term 4. Various scholarships are provided, the students such as IIM Nagpur Merit Scholarship, Need-cum-Merit based scholarship, Merit cum means scholarship, Chief Minister Fellow Yojna, etc. Stipend based summer Internship is given to all the students in the first year. I obtained a Summer internship in Marketing Domain at a D2C Company. Besides paid and unpaid live projects are provided to students throughout the course.
...Read More

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Comments


Found 2 Comments

A
aparna das
Mar 28, 2024 09:56
What is CAP Process of IIM Nagpur?
S
Shikhar Srivas
Mar 31, 2024 22:03

IIM Nagpur utilizes the Common Admission Process for MBA admissions, streamlining applications to multiple IIMs. Your CAT score is crucial for shortlisting by IIM Nagpur. Following shortlisting, some IIMs previously included a WAT but the CAP currently focuses on the PI to assess your fit for the program.

A
ankita banerjee
Mar 26, 2024 11:25
Can I get full scholarship in IIM Nagpur?
S
Shikhar Srivas
Mar 31, 2024 22:13

Securing a full scholarship at IIM Nagpur is competitive, but there are opportunities. IIM Nagpur offers merit-based scholarships that waive tuition fees as well as INR 30,000 as one-time grant for computer accessories. Generally, these require exceptionally high CAT scores (around 99+ percentile).


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