How are the hostels at IIM Visakhapatnam?

Hostels at IIM Visakhapatnam are fully air conditioned with single and double occupancy rooms. Suitable transportation for easy commuting between campus and hostel is available. Many facilities like Wi-Fi, Discussion rooms, Dining hall, are also there making hostels feel at home with health center and library.

What facilities are available at IIM Visakhapatnam Hostels?

Many facilities like Wi-Fi & TV, Refrigerator, Discussion rooms, Dining hall, Indoor games like Pool Table, Caroms, Chess, Table tennis are there with health center and library.

Are there 24*7 health services at IIM Visakhapatnam Hostels?

Yes, there are 24*7 medical and emergency services for students living in IIM Visakhapatnam Hostels.

What makes the medical center at IIM Visakhapatnam unique?

The MERIT Team i.e. Medical Emergency Response & Intervention Team is present on duty 24*7 for student services related to hospitalization and medical requirements in case any.

What is the library meant for students living in IIM Vizag Hostels?

The library is for all time access to study materials and learning from various resources like Print Books, Journals, Online Academic Databases and so on.

How good are the facilities within hostel premises at IIM Vizag Hostel?

The hostel premises are feel-at-home places for those living far away from their homes. This is because of all sort of facilities available like recreational activities through sports, medical services 24*7, learning through the functional library, wi-fi connectivity and whatnot.

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IIM Visakhapatnam Scholarship 2026

Visakhapatnam, Andhra PradeshAutonomous UniversityEstd 2015

4.5

(67 Reviews)

Collegedunia Team

Content Curator | Updated 3+ months ago

IIM Visakhapatnam has recently introduced merit-based scholarship for the PGP Batch. The scholarships offered are up to a maximum of INR 6.0 lakh per student for Top 2 scorers of the PGP batch (2nd year).

IIM Visakhapatnam, also popular as IIM Vizag, has initiated many Scholarships with an objective of providing intense learning to students without any sort of financial difficulties.

Table of Content

IIM Visakhapatnam Scholarships Offered Year Wise Trends
IIM Visakhapatnam External Scholarships Offered
Scholarships offered at IIM Visakhapatnam
IIM Visakhapatnam Scholarships Eligibility Criteria and Procedure
What documents are needed to apply for Scholarships at IIM Visakhapatnam?
How to apply for scholarships at IIM Visakhapatnam?
IIM Visakhapatnam Scholarships FAQs

IIM Visakhapatnam Scholarships Offered Year Wise Trends

Batch	Percent of Batch that received Financial Aid (%)	Average of Quantum of Aid Received (As a percent of total fee)
2022-24	9.93%	31.11%
2021-23	17.46	30.91
2020-22	11.11	25.34
2019-21	6.40	40.00
2018-20	7.62	37.50
2017-19	9.84	58.33
2016-18	9.62	76.00
2015-17	7.41	55.00

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IIM Visakhapatnam External Scholarships Offered

The following table represents the summary of external scholarships awarded to IIM Visakhapatnam:

Batch	Percent of Batch that received External Scholarships (%)	Average of Quantum of Aid Received (As a percent of total fee)
2022-24	3	88
2021-23	4	100
2020-22	10	74
2019-21	6	80
2018-20	5	100

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Have a look at the various scholarships available at IIM Visakhapatnam:-

Scholarships offered at IIM Visakhapatnam

Ministry of Tribal Affairs Scholarship (ST)

The Ministry of Tribal Affairs, associated with the Government of India, provides financial assistance for Higher Education of Scheduled Tribe students (of PGP first year). The scholarship tends to cover the tuition expenses in full.

Scholarship Specification :- National Scholarship for Higher Education for Scheduled Tribe students

Ministry of Social Justice and Empowerment Scholarship (SC)

The Ministry of Social Justice and Empowerment Government of India strives to give away financial support for Higher Education of meritorious SC students (of PGP first year). The scholarship is a means scholarship that covers tuition expenses in full.

Scholarship Specification:- National Scholarship for Higher Education for Scheduled Caste.

Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD)

A person who is having a disability not less than 40% and having a disability certificate issued by any competent medical authority, is eligible for this financial aid. This is a means scholarship which is worth INR 2,55,000 per annum.

Merit Cum Means Scholarship for Professional and Technical Courses CS

This scholarship is awarded to the poor, and meritorious students who belong to minority communities with an aggregate of not less than 50% marks or equivalent grade in the previous final examination. Also, the annual income of their parents/guardians from all sources does not exceed INR 2.50 lakh.

Complimentary Scholarships offered by Official Authorities

Apart from the above mentioned, students could also apply for scholarships offered by other official bodies. IIM Visakhapatnam encourages students to opt for merit-based scholarships offered by the state and central government or even private bodies.

Students can also explore the scholarships at the official NSP portal i.e. National Scholarship Portal through https://scholarships.gov.in/ and apply as per the eligibility criteria of the respective scheme.

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IIM Visakhapatnam Scholarships Eligibility Criteria and Procedure

Eligibility- All those PGP students whose annual household income is less than INR 5,00,000/- (Rupees Five Lakh only) are eligible to apply for Scholarships at IIM Visakhapatnam. In case of unexpected foreseen circumstances, students may also be eligible to apply for such financial aid.

Procedure for Alloting Scholarships-

The Financial Aid Committee has set certain guidelines for deciding the number of awardees and amount of financial aid. It is a two-step process of which the first step involves scoring the students based on following factors:-

Educational Qualifications
Work Experience (if any)
Annual Gross Household Income (including income of the student if employed before joining IIMV and outstanding loans if any, provided they were not taken for conspicuous consumption)
Household Savings
Real Estate Assets
Other Assets

After having gone through the above factors, students shall be called for a personal interaction with a faculty panel. Thereby having understood the genuineness of need for financial aid, students shall be scored a Financial-need Score.

The overall weighted average of the scores thus yielded would decide if students would get a 100%, or 25% scholarship.

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What documents are needed to apply for Scholarships at IIM Visakhapatnam?

The following documents are essential for applying for IIM visakhapatnam Financial Assistance:-

Income Certificate for the immediately preceding financial year
IT Returns for the last two years
Household Savings documents: Includes all savings and investments such as bank savings accounts, PPF, term deposits, savings certificates, investments in bonds, mutual funds, equity, etc. of self and all members of the family.
Property documents: Includes any real estate asset, such as apartment, home, or land ownership.
Loan Documents (if any)
EMI payment receipts (if any)

How to apply for scholarships at IIM Visakhapatnam?

The basic procedure for applying for Scholarships at IIM Visakhapatnam are as follows:-

Step 1:- Visit the official link where you would wish to get financial aid from. It could be IIM Visakhapatnam website or NSP Portal i.e. https://scholarships.gov.in/ or among some other official bodies.

Step 2:- Look out for the scholarship programmes going live at the portal visited.

Step 3:- Arrange the required documents for the scholarship scheme applicable. Some of the mutual documents might include Income Certificate, IT Returns for the last two years, Household Savings documents, Property documents, and other asset documents (Affluence) such as Two-wheeler, Four-Wheeler, Washing Machine, Refrigerator, Home theater, AC, TV, Digital/Video camera etc. Some optional documents may include Loan Documents and EMI payment receipts.

Step 4:- Apply for the scholarship post completing the eligibility criteria and documentations. Save the temporary/ permanent ID generated for future reference.

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IIM Visakhapatnam Scholarships FAQs

Ques. What are the scholarships offered at IIM Visakhapatnam?

Ans. There are need based scholarships offered by IIM Visakhapatnam for different categories like SC, ST, minorities and so on.

Ques. What are important documents required for applying at IIM Visakhapatnam Scholarships?

Ans. Some of the important documents related to scholarships at IIM Visakhapatnam include Income Certificate, IT Returns for the last two years, Household Savings documents, Property documents and so on.

Ques. What is AN NSP Portal?

Ans. National Scholarship Portal which allows students to access various scholarship programmes during their years of learning in colleges or schools.

Ques. What is the recent PGP merit based scholarship?

Ans. IIM Visakhapatnam offers PGP Scholarships to 2nd year top 2 students as a fee waiver of an amount up to INR 6 lakhs.

Ques. What is the Financial need score?

Ans. On analyzing the student’s need for financial aid, a financial need score is generated after personal interaction with students. This overall score is called the financial need score.

Ques. What is the eligibility criteria for availing scholarships?

Ans. Students with an annual household income less than INR 5,00,000 lakhs are eligible for IIM Visakhapatnam Scholarships.

AI-Generated Summary based on 67 Reviews

IIM Visakhapatnam offers a two-year residential PGP program with a total fee of approximately Rs. 15.4 lakhs to Rs. 19 lakhs, inclusive of tuition, hostel, and mess fees. The costs are paid term-wise, and a small fee hike occurs annually. The institute ensures education loans are easily accessible, often without collateral, from banks like Union Bank of India and SBI at competitive interest rates.

Scholarships and financial assistance are available for economically disadvantaged students, with waivers ranging from 25% to 100%. Furthermore, the institute updates students on national and state-level scholarship opportunities, offering merit-based and need-based scholarships. IIM Visakhapatnam maintains a 100% placement record, with an average package of around Rs. 12 lakhs.

By Collegedunia’s Personal AI

Why To Join IIM Visakhapatnam - Reviews & Rating

4.5

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4(26%)

3(2%)

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Academic

4.3

Faculty

4.5

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4.3

Accommodation

4.5

Social Life

4.9

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4.2

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Ronak Sureka

4.9Helpful

MBA, General

Reviewed on Jun 17, 2024(Enrolled 2023)

An IIM Experience

Fees and Financial Aid:

Scholarship - All the government scholarship programs can be accessed and can be applied for, institute with different institutes and banks try to bring scholarships for all kinds of students. Financial Assistance - Institute have various assistance program and can be availed as per the criteria. Complete Cost - comes around 19 lacs for the complete program, this includes welfare expenses, food , hostel, academics, library and nothing as to be in name of maintenance everything is included with the fees There is Career Development Service office which deals with placement opportunities for students during the inetnship and final placements companies like Glodmann Sachs, KPMG, Delloite, ICICI Bank, IDFC Bank, GMR Group etc visit campus.

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Priyanshu pareek

4.5Helpful

MBA, General

Reviewed on Jun 17, 2024(Enrolled 2023)

Snapshot of IIM Visakhapatnam

Fees and Financial Aid:

The total fees of program comes around 19Lac for 2 years other than that there is a financial aid program in the college which provides scholarship to the need based student upto 25% of the fees coming onto placements they offered an wholesome placement opportunity with respect to summer as well as finals

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Ayush Agrawal

3.8Helpful

MBA, General

Reviewed on Jun 8, 2024(Enrolled 2022)

MBA journey at IIM Visakhapatnam

Fees and Financial Aid:

Fees was around 17 lakh for 2 year course from 2022-24. It is getting increased every year by 8-10 %. Complete cost is around 20 lakh which includes hostel fees and your daily expenses for 2 years. Scholarship is also available. College itself provides scholarship from 10%- 50% on criteria of family requirements. Other scholarships are being provided by Govt. of India and state govts.

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Rishabh Bhatnagar

4.2Helpful

MBA, General

Reviewed on Apr 3, 2024(Enrolled 2023)

Live you dream in the city of Destiny!

Fees and Financial Aid:

The fee skeleton is provided in the very beginning upon registeration process of the Institue, upon receving the offer letter. The total cost is subjected to various factors, currently it was about INR 20 LPA, which can be self-financed or availed through loan. Once the course commences, scholarship opportunities are also floated for meritorious candidates which provide waiver upon successful confoirmation by the authorities. Govenement schemes are covered in it.

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Yash Karan

4.0Helpful

MBA, General

Reviewed on Apr 3, 2024(Enrolled 2023)

Sunrise IIM Vizag Review

Fees and Financial Aid:

The tuition fee always increases per year, there are multiple scholarship options available which are updated on the college email as well the total fee is around 18 lakhs for 2 years which included tuition, hostel, mess study material etc. you are not allowed to work on campuses, however there are various student run committees which you can be a part.

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JIGYASA HEMJI

3.8Helpful

MBA, General

Reviewed on Mar 6, 2024(Enrolled 2024)

Beyond expectations

Fees and Financial Aid:

Fee structure is distributed in trimesters each year before each trimester you need to pay the fee. We have 2.75 lakh fee Including mess and hostel fee. There are multiple opportunity to fund aid for your education like state governed Schemes, college governed scheme where the students need to present supported documents of the poverty level and followed by interview for the need.

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Jash Pancholi

4.1Helpful

MBA, General

Reviewed on Mar 6, 2024(Enrolled 2023)

About IIMV

Fees and Financial Aid:

Tuition fees can be increased during the course. On an average it is increased 10% compared to last year. Complete education cost would be around approx. 22lakhs including personal expenses. There is IIMV financial aid program here and there are few banks wo are offering scholarships. One of the banks is IDFC.

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PRAGYA GOEL

4.5Helpful

MBA, General

Reviewed on Feb 23, 2024(Enrolled 2023)

MBA Marvels: A tale to tell

Fees and Financial Aid:

The fee structure is divided into two years as it is a two year program with each year further divided into 3 terms. Each term has a stipulated fee of Rs 293375 with additional cautional deposit of Rs 30000. The amount is a total of various factor expenses like Program Fee, Hostel & Mess Fee, Welfare Activities. The Program fee is Rs 268375 for each term with an additional Hostel & Mess Charge of 25000. As we progressed to the Term1, there was a hike in Hostel & Mess charges owing to the fact that IIM Vizag is still under construction with major portion of the already reduced budget allocated towards it. So in order to maintain the existing quality of food and Ac services, an additional charge of Rs 7500 was levied for each term. The total fee structure now stands at INR 19lac. However, the course offers scholarships in lieu of merit and financial assitance. A merit scholarship of INR 6lac is offered to batch topper in 2nd year and anybody with family income of below INR 5 lac is given

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ANURAG SONI

3.9Helpful

MBA, General

Reviewed on Feb 16, 2024(Enrolled 2023)

IIM Visakhapatnam Unveiled: Shaping future leaders.

Fees and Financial Aid:

The fee structure of IIMV is simple and can be divided into four heads namely Program Fees:- 260000 (approx) per trimester Advance mess and other charges:- around Rs.25000 per trimester. Student welfare activities:- Rs.20000 per trimester. Which sums up to a total of Rs.290000 per trimester. Additionally, tuition fees increase almost every year, although it is not compulsory, but generally, increase. It's worth noting that there are scholarships available for students for financial assistance. The first one is the "IIMV merit"-based scholarship which is a waiver of tuition fees for the second year based on the cumulative scores of the first year. It is awarded to the top two students of the first year. There is also "Financial Aid" awarded to eligible students who have an annual household income of a maximum of Rs. 500000. After fulfilling the eligibility criteria, a Personal Interview will take place, and based on that around 8% of students will get the benefit of this scheme.

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Mukul

4.9

MBA, General

Reviewed on Jul 26, 2023(Enrolled 2023)

Life @ Sunrise IIM (IIM V)

Student Snaps:

Fees and Financial Aid:

The fee structure is just like other IIMs. It's about 18L for 2 years. But no worry about high fees as one can easily get an educational loan by just showing the offer letter of the institution. There are many scholarship options including ML and DML.

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IIM Visakhapatnam Latest News

IIM Visakhapatnam PGP Admission 2026 Begins; Apply by January 23 @iimv.ac.in

Written BySapnaon Jan 7, 2026

IIM Visakhapatnam PGP Admission 2026 Begins; Apply by January 23 @iimv.ac.in

IIM Visakhapatnam Executive MBA Admission 2026 Begins @iimv.ac.in; Apply Till February 9

Written ByGarimaon Jan 2, 2026

IIM Visakhapatnam Executive MBA Admission 2026 Begins @iimv.ac.in; Apply Till February 9

IIM Visakhapatnam PGDMEx Admission 2026 Begins @iimv.ac.in; Apply Online Till January 31

Written ByGarimaon Dec 23, 2025

IIM Visakhapatnam PGDMEx Admission 2026 Begins @iimv.ac.in; Apply Online Till January 31

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Comments

Found 2 Comments

vidhi sharma

Mar 27, 2024 09:44

How to get a Seat in IIM Visakhapatnam?

Sweta Kumari

Mar 30, 2024 11:52

IIM Visakhapatnam Admission is based on tests like CAT/GMAT. Candidates who have not yet appeared for these exams can appear for institute-conducted exams like the IIMV test and EMAT. IIM Visakhapatnam offers MBA, MBA for working professionals, and Ph.D. courses. The overall CAT cut-off is 82 percentile (Overall) and 70 percentile (Sectional) is required for admission into IIM Visakhapatnam MBA. Other parameters like the Personal Interview, academic performance, work experience, and gender diversity are considered for the final selection.

siddhi singh

Mar 26, 2024 11:31

Can I get 100% Scholarship for IIM Visakhapatnam?

Ashish Ramtari

Mar 26, 2024 17:43

Yes, IIM Vishakapatnam provides 100% scholarships to the students. However, the percentage of students remains very low around 2%. So, your chances of getting scholarship is very low. 6% of the students receive 25% of the financial aid as a tuition fee waiver.

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