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IIM Bodh Gaya Scholarship
IIM Bodh Gaya has initiated Scholarships for meritorious students to get an uninterrupted access to learning despite low family income. Scholarships at IIM Bodh Gaya are just another source of motivation to deserving students.
The financial assistance in various forms are being offered i.e. IIM Bodh Gaya, the Government of India, and even some private organizations/ corporations if interested.
Table of Content
IIM Bodh Gaya Scholarships
Here are some of the scholarships being offered and accepted at IIM Bodh Gaya:-
IIM Bodh Gaya Need Based Financial Assistance (NBFA) Scholarship
The Need Based Scholarships are especially designed for the meritorious students with limited finances to afford learning.
The eligibility to qualify for scholarships and the amount of financial assistance to be credited to students depend upon the family’s income. The details are as mentioned below:-
| Family Income Slabs | Eligibility for Scholarships (in %) |
|---|---|
| <= 1.5 LPA | 100 |
| 1.5 LPA - 3 LPA | 75 |
| 3 LPA - 5 LPA | 50 |
| 5 LPA - 8 LPA | 25 |
Scholarships offered by the Government of India
There are many scholarships offered by the Government of India through which students could avail the required amount of financial support during their learning. The official portal for such specific scholarships as for PwD could be seen from http://disabilityaffairs.gov.in/content/.
Here is a filtered list of scholarships that might be helpful for students under PwD category mainly, at IIM Bodh Gaya:-
- Top Class Education for SwDs (for Graduate and Postgraduate degree/ diploma courses in institutes of excellent education)
Students should be pursuing a graduate/ postgraduate program in a recognised institute to be eligible for this scholarship.
Students whose parents/guardians' income from all sources does not exceed INR 6,00,000/- per annum, are eligible to apply for the scholarship.
No. of Scholarship Slots:- 300
| Components of Scholarship | Rates per Awardee |
|---|---|
| Reimbursement of tuition fee and non-refundable charges annum (subject to actual paid/ payable to the institute) | Up to INR 2.00 lakh - per annum |
| Maintenance Allowance | INR 3,000 /- per month for hostellers, INR 1,500/- per month for day-scho |
| Special Allowances (related to types of disabilities like reader allowance, escort allowance, helper allowance etc.) | INR 2,000 per month |
| Books and Stationary | INR 5,000 /- per annum |
| Reimbursement of expenses- Purchase of a computer with accessories |
INR 30,000/- as a one-time grant for the entire course. |
| Reimbursement of expenses- Purchase of Aids and Assistive Devices including necessary software related to the particular disability |
INR 30,000/- as a one-time grant for the entire course. |
- National Overseas Scholarship (For Master's Degree/Ph.D. in
Universities abroad)
For students selected for advanced courses outside India, shall also be eligible for Scholarships by Government of India under certain set of guidelines.
The gross income for a student’s family should not be exceeding INR 6,00,000 per annum to apply for National Overseas Scholarships.
No. of Scholarship Slots:- 20 seats per year
| Components of Scholarship | Rates per Awardee |
|---|---|
| Fellowship | INR25,000 /- p.m. for initial two years (Junior Research Fellowship (JRF), INR28,000/- p.m. for remaining tenure (Senior Research Fellowship (SRF). |
| Contingency for Humanities and Social Science (including Arts/ Fine-Arts) |
INR 10,000/- p.a. for initial two years INR 20,500/- p.a. for remaining tenure |
| Contingency for Science, Engineering & Technology | INR 12,000/- p.a. for initial two years INR 25,000/- p.a. for remaining tenure |
| Departmental Assistance (All subjects) | INR 3,000 /- p.a. per student to the host assistance institute for providing infrastructure |
| Escort/ Reader (All subjects) | INR 2,000 /- p.m. in cases of candidates assistance with physical and visual disabilities |
- National Fellowship for PwDs (For M.Phil and Ph.D. in Indian
Universities
Students pursuing the National Fellowship programme for any of the courses like M.Phil and Ph.D belonging to PwD category are eligible to apply. There is no such annual income ceiling in the National Fellowship for PwDs.
Selection Criteria
For Ph.D. - First class or 55% marks or equivalent grade in relevant Master's Degree. Those having an existing post and employer are preferred for further financial support.
For Masters' Degree: - 55% marks or equivalent grade in relevant Bachelor's Degree. Preference would be given to the experienced candidates.
- Scholarships for Girls
Amongst all the scholarships mentioned above, there is a 50% quota especially reserved for girls. Implying that be it Top Class Education Scholarship, National Overseas Scholarships or Free Coaching.
Moreover, in the National Fellowship Financial Aid Programmes, girls have a reserved quota of 30% to access such financial assistance.
Note:- In case there are an inadequate number of girl candidates or found ineligible as per the terms and conditions of the scheme, the unutilized slots can be utilized by filling in with eligible male students as well.
General Eligibility Criteria for Government of India scholarships
- The scholarships are open to nationals of India only.
- In total, 6 scholarships are available and applicable for students with disabilities (with more than 40% disability) and having a valid certificate of disability.
- Not more than two children with disabilities of the same parents will be entitled to receive benefits of the scheme. (Provided in case the second child is a twin.)
- Scholarships for studying in any course/ class will be available for only one year. If a student has to repeat a class, she / he would not get a scholarship for that class for a second (or subsequent) year.
- A scholarship holder under this scheme will not hold any other
scholarship/ stipend. If awarded any other scholarship/ stipend, the student can exercise his/her option for either of the two scholarships/stipends,
IIM Bodh Gaya Scholarships FAQs
Ques. What are the best scholarship programs at IIM Bodh Gaya?
Ans. The need based scholarships are indeed the best form of financial assistance provided by IIM Bodh Gaya. Other forms of scholarships could be availed from the Government of India or some other verified private corporations also.
Ques. Are scholarships offered by the Government of India accepted at IIM Bodh Gaya?
Ans. Yes, any sort of financial aid offered by a known external institution other than IIM Bodh Gaya is acceptable be it from the Government of India or a private body.
Ques. What is the minimum no. of scholarship seats in national overseas scholarships from the Government of India?
Ans. There are around 20 seats per year in the National Overseas Scholarships offered by the Government of India.
Ques. What percent scholarship should one get if household income is between 1.5 LPA to 3 LPA?
Ans. Students with families having an annual household income ranging from INR 1.5 LPA to 3 LPA, shall be eligible for a 75% scholarship being offered by the institute.
Ques. What should be the minimum annual income for a student’s family to avail PwD Scholarship?
Ans. The annual household income for a student’s parent/guardian/s should not be exceeding INR 6,00,000 to be eligible for such scholarships offered by the Government of India. Also, the student should belong to the PwD category and be pursuing a graduate or post graduate degree program in a recognised institute.
Ques. What is the need based scholarship at IIM Bodh Gaya meant for?
Ans. Need Based Scholarships at IIM Bodh Gaya ensure that students get an access to learning without having finance as a problem. If a student’s family income is less than 1.5 LPA, then he/she shall be eligible for a 100% scholarship.
Why To Join IIM Bodh Gaya - Reviews & Rating
Most Popular Tags
Likes
- Faculty's dedication towards the subject
- The Newly constructed campus and hostels
Dislikes
- Mandating of unnecessary tasks by various bodies
- Mess food could have been better in quality
Fees and Financial Aid:
The yearly fee is around Rs. 8,00,000 and Scholarship is avaialable for EWS section and can be obtained by providing appropriate documents. Caution fee total is 25,000 for academic and 5,000 for mess.
Fees and Financial Aid:
IIM BG has fees of INR1700000 spread over two years. The complete cost, including the Student Exchange Program amount, is around INR 2400000. But if you are a top scorer or category student, you get ample scholarship (up to 100% tuition fee). One place to approach is the National Scholarship Portal. I am currently in the process of finding SIP.
Likes
- The Vibrant campus atmosphere: The college is always buzzing with energy and enthusiasm.
- State of the art facilities: The college invested in cutting-edge facilities and resources
Dislikes
- Strict Timings: The college is very strict regarding discpline
- Limited Dinning options: There is limited dining options near college
Fees and Financial Aid:
The fee is around 15.5 Lakh INR, and the college provides need-based financial assistance. The percentage of fee waiver depends on the economic background of the candidate. The campus also helps in getting summer internships and most of it is paid.
Likes
- Faculties- Very good and very competetent
Fees and Financial Aid:
The fee is around 1550000 for two years. It has a scholarship which is need-based financial assistance. In this, you are given a maximum waiver of 25% of the fee. The college helps with securing an SIP and most of it is paid internships.
Likes
- The peer group nd the exposure to things
- The faculty and the help system for students
Dislikes
- The temporary hostel campus, and the less space
- The hectic schedule and the delay in providing the schedule
Fees and Financial Aid:
The fees are worth the quality of education provided. There isn't much of a hike, as far as I know, and the cost to study is around 4.5 lakhs per year. The scholarship is provided for financially unsound people, with an annual income of fewer than 4 lakhs per year, and an interview is conducted for those students, and accordingly scholarship is provided.
Fees and Financial Aid:
The fee structure is designed for the entire 2 years duration. It is split into 6 parts for the 6 terms spanning over the 2 years. If you opt for a bank loan, then your bank has to release term fees as per the schedule provided by the institute.
Student Snaps:
Fees and Financial Aid:
The fee structure is available on the college website and keeps changing every year. Various scholarships are provided to deserving candidates. Various banks in the city provide IIM-specific loans to students without any collateral. So it is fairly easy to secure finances for the course.
Likes
- I like the peer learning culture at my college.
- The interaction with the faculty is very easy and they are easily approachable.
Dislikes
- The college infrastructure is complete yet.
- Some clubs and committees are less active and care for unrequired things.
Fees and Financial Aid:
The fee for my two years MBA program was 15.5 Lakhs. Considering the facilities and location of the college, I feel it is a bit high. However, The college provides a scholarship to candidates via verifications of their family income and economic condition.
Likes
- Various clubs and committee will give you better learning experience
Dislikes
- Peer pressure, all are very competitive in nature.
- located in outside of main market so, difficulty in basic necessities.
Fees and Financial Aid:
The fee structure here is trimester base. Return on investment is quite good than many colleges, college provides various students depending upon their eligibility of family income are provided scholarships.
Likes
- Campus life is something I really like great classroom and spacious hostel
- Faculty are highly qualified and teach very well.
Dislikes
- I liked everything on campus it is great to be part of this college
Fees and Financial Aid:
The fees are good considering the factors like faculty, teaching method, and placement opportunities. The hikes are also less and are affordable for the course. We also get opportunities for internships on campus.
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IIM Bodh Gaya Latest News
IIM Bodh Gaya Hosts 10th Orientation Program, Welcomes 490 MBA and PhD Students
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JIPMAT Result 2024 Out @jipmat.nta.ac.in, Get Direct Link Here
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IIM Bodh Gaya Welcomes its MBA, PhD Batch of 2024; Inducts 496 Students
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IIM Bodhgaya offers Need Based Financial Assitance Scholarship to the students. It is offered to the meritorious students. The scholarship is offered to the students according to the mentioned below income slab:
Family Income plays a major role in obtaining scholarship from IIM Bodhgaya. According to the family income of the student, the percentage of scholarship is fixed. The table is given below: