IIM Amritsar Scholarship 2025

Amritsar, PunjabAutonomous UniversityEstd 2015
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Content Curator | Updated 3+ months ago

IIM Amritsar is one of the highly reputed Management Institutes recognized by MHRD and Government of Punjab since 2015. IIM Amritsar offers Scholarships on need cum merit based to the meritorious students in different courses having minimum or no finance. The scholarships are limited in number. 

Students at IIM Amritsar can also apply for educational loans from banks and directly reach out to the respective branch to know their eligibility, amount, interest rates etc. The scholarships available at IIM Amritsar are listed below:- 

 
IIM Amritsar  Amount of Scholarship (in INR)
Merit-Based MBA Scholarships  N.A. 
Financial Assistance for PhD Students  Monthly Fellowship + Contingency Grant + Conference Grant
Post Doctoral Fellowship Programmes 55,000 p.m. +
30,000 (Contingency Grant) +
1,00,000 (For 1 International Conference)
National Fellowship and Scholarship for Higher Education of ST Students  30,000

Read More IIM Amritsar Courses and Fees

IIM Amritsar Merit-Based MBA Scholarships 

IIM Amritsar offers a limited number of scholarships to its eligible MBA students based on their scholastic achievement and diversity. The amount of scholarship awarded to MBA students is distributed in 2 equal proportions during 2 years of MBA program:-

MBA Scholarship 1st Year: IIM Amritsar gives the scholarships to students based on their prior academic records, performance in MBA admission process, and diversity (including gender, economic, and other factors). 

MBA Scholarship Renewal 2nd Year: Students at IIM Amritsar can opt for renewal of their MBA Scholarships from 1st year based on academic performance and conduct during the first year of MBA program i.e. a minimum CGPA of 2.96. 

The selected students will receive the scholarship award letter along with their admission offer letter.

Read More IIM Amritsar Admission 2024

IIM Amritsar Financial Assistance for Doctoral Programmes

IIM Amritsar offers a limited amount of financial assistance to PhD students which includes a monthly stipend, an annual contingency grant, and a research grant to attend conferences and seminars. Moreover, Medical Insurance Coverage is also provided to students as part of IIM Amritsar Scholarships and Student Welfare Programme.

Click for more details IIM Amritsar Cutoff

IIM Amritsar Post Doctoral Fellowship Programmes

IIM Amritsar provides financial aid to its post-doctoral fellows yet is limited in number. Apart from the fellowship amount, students shall also be eligible to receive medical insurance as per the latest student welfare policy at IIM Amritsar. The details for IIM Amritsar Post Doctoral Fellowship Programmes are as follows:- 

Fellowship Type Amount (in INR)
Consolidated Fellowship  55,000 /- per month 
Contingency Grant* 30,000 /- per year
Conference Grant 1,00,000 /- (1 International Conference)

Note:- *Contingency Grant* covers expenses such as for attending conferences, workshops, purchase of books, and relevant research activities..

For more details, click here IIM Amritsar Placements

IIM Amritsar Government Scholarships 

  • National Fellowship and Scholarship for Higher Education of ST Students Scholarship - Ministry of Tribal Affairs. 
  • Students willing to pursue higher degree courses like MPhil, Ph. D or integrated M.Phil + Ph. D qualify to avail the National Fellowship Scholarships. 
  • Students are selected on merit-based and must possess a minimum 55% marks at PG level from a recognised university to be eligible for National Fellowship Scholarships. 
  • There are 750 scholarship seats available and there is no specific income criteria for students to be eligible under the National Fellowship Programmes. 
  • The maximum age to qualify for National Fellowship Scholarships should be 36 years, as on the first day of July of the relevant year of the award of scholarship. 
  • National Fellowship- Amount of scholarship
Course Stream Scholarship (in INR) Contingency Annually (in INR)
M.Phil
 
Humanities and Social Sciences  31,000 /- 10,000 /-
Science / Engineering Technology 12,000 /-
Ph. D
 
Humanities and Social Sciences  Rs.31000/- for first two years and Rs.35000/- for remaining 3 years 20,500 /-
Science / Engineering Technology 25,000 /-
HRA for all the courses (monthly): Equal to UGC rates [8% or 16% or 24% based on city*
Escort Allowance for Divyangjan (monthly): INR 2000/- (at par with UGC rates)*
  • Merit-cum-means based Scholarship Scheme belonging to the Minority Communities - Ministry of Minority Affairs. 
  • The Merit-cum means based Scholarships provide financial aid to poor yet meritorious students belonging to minority communities.
  • Students who have good academic records and are willing to pursue professional and technical courses are eligible to apply for Merit-cum-means based Scholarship.
  • Students should possess an aggregate of more than 50% marks (or equivalent grade in the previous final examination). 
  • The annual income of a student’s family should not exceed INR 2.50 lakhs.
  • Students from minorities sections are eligible to apply for IIM Amritsar Scholarships.
  • A total of 60,000 “Fresh” + “Renewal” Scholarships are available.
  • Merit Cum Means Scholarship- Reimbursement Amount
Item Existing Amount (2012-17)
Course Fee INR 20,000/- per annum
(for both Hosteller & Day-Scholar)
Maintenance Allowance  INR 1,000/-* per month (Hosteller)
INR 500/-* per month(Day Scholar)

* For 10 months in a year.

 

IIM Amritsar Scholarships FAQs

Ques. Do IIM Amritsar provide suitable scholarships? 

Ans. Yes, there are limited scholarships offered to students but being limited in no. so provided to only meritorious students. 

Ques. What are the different categories of scholarships offered at IIM Amritsar?

Ans. There are various scholarships for MBA students, post doctoral programs, PhD students being limited in number. 

Ques. What are the scholarship benefits in Financial Assistance for PhD Students?

Ans. A Monthly Fellowship + Contingency Grant + Conference Grant is given to students as a part of their financial support during Doctoral Programs. 

Ques. How much is the amount given to students in Post Doctoral Fellowship programmes to students? 

Ans. A consolidated amount worth 50,000 p.m. is given along with INR 30,000 as Contingency Grant and INR 1,00,000 for 1 International Conference. 

Ques. Can students apply for educational loans too? 

Ans. Yes, students can apply for Educational Loans too after reaching out to their preferred banks for loan amount, interest rates etc. 

Ques. Does the Government also provide scholarships at IIM Amritsar?

Ans. Yes there are many scholarship schemes available under the Government of India to be applicable at IIM Amritsar.

IIM Amritsar Scholarship: Students' Opinion

AI-Generated Summary based on 94 Reviews

IIM Amritsar offers a two-year MBA program with a total fee ranging from INR 12 to 18 lakhs, inclusive of tuition, hostel, and other academic-related expenses, while mess fees are an additional INR 25,000 per semester. The fee structure is divided into six terms and is subject to annual hikes, typically around 10-15%.

Scholarships are available for top-performing students, with the top 7 students receiving full tuition fee waivers. Additionally, merit-based and need-based scholarships are offered, including government schemes for weaker sections and categories. Financial assistance through educational loans is accessible from major banks without collateral requirements. The program ensures good ROI with nearly 100% placement rates and promising stipend opportunities for summer internships.

...Read More
 By Collegedunia’s Personal AI

Why To Join IIM Amritsar - Reviews & Rating

4.3
& Win Monthly Prizes Up to ₹1 Lakh/-*
5(67%)
4(33%)
3(0%)
2(0%)
1(0%)

Academic
4.3
Faculty
4.3
Infrastructure
4.3
Accommodation
4.3
Social Life
4.5
Placement
4.3

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RAJAT LALHAL
RAJAT LALHAL
4.3Helpful
Reviewed on Sep 30, 2024(Enrolled 2022)

Fees and Financial Aid:

The total fee for the 2-year program is Rs 17,50,000, which includes Rs 16,00,000 for tuition and 1,50,000 for mess charges (25k/Semester). Hostel charges are included with no extra fees. The yearly breakdown shows 8,00,000 in tuition and 75,000 in mess charges for each year. and the above fee structure was the same for all the students irrespective of their category. There were various scholarships under state/ central schemes which college authorities which were shared over mail from our college higher Authority.
...Read More
Angshuman Bora
Angshuman Bora
4.3
Reviewed on Sep 30, 2024(Enrolled 2022)

Fees and Financial Aid:

Fee structure : Rs.1600000 (Includes course material and administrative expenses), Cautionary deposit of around Rs.100000, Hostel fees was included, Mess fees: Rs25000/Quarterly for 2 years. Category wise fees: Same fees for everyone except certain state scholarships that the student could claim. Fees on merit: Top 7 students had their fees waived off (Can be claimed on yearly basis) Government scholarships: Provided accordingly to the students state and can vary from person-to-person Various other activities fees included Sports fests, Cultural fests or even club fests which were run by student bodies and varied according to the various expenses for the event.
...Read More
Harshvardhan Chauhan
3.8Helpful
MBA
Reviewed on Sep 30, 2024(Enrolled 2022)

Fees and Financial Aid:

267500 - used to be the fees for the trimester 25000 - Hostel and mess charges It increased for the juniors and has been increasing for every year Overall the programme reached out to 18 Lakhs but there are other expenses taking place every now and then.
...Read More
Rajdeep Singh Ajeet Singh
Rajdeep Singh Ajeet Singh
4.3Helpful
Reviewed on Sep 11, 2024(Enrolled 2022)

Fees and Financial Aid:

The College fees was 16 Lakhs for 2 years and the students are supposed to pay it in 6 equal installments, each installment to be paid before the start of a term. The fees included hostel stay fees also. Mess fees was 25000 per quarter which was to be paid along with the term fees. The student has to pay 25000 caution deposit at the start of the course which was refunded post the completion of the course after deduction depending on the damage cause to the property during the stay for 2 years which is mostly negligible. The fees was same for all and easy education loan were available with a floating rate of 6 to 8 percent depending on the banks. Scholarship of full tuition fees reimbursement of nearly 5 lakhs per year was provided for the top 7 best performers of the college. The scholarship was divided based on the course. top 5 from general MBA course top 1 from HR course and topper from BA course were given the scholarship.
...Read More
Rounak Dipta Ghosh
4.4Helpful
Reviewed on Aug 20, 2024(Enrolled 2022)

Fees and Financial Aid:

IIM Amritsar is the 15 th IIM estrablished in 2015. The MBA course offers a great learning in classroom as well as practical exposure. The faculties are really supportive. Plus the diverse batch adds up.
...Read More
Nikhilkumar Hiwale
4.3Helpful
Reviewed on Aug 14, 2024(Enrolled 2022)

Fees and Financial Aid:

The MBA Program is divided into 6 Terms for the 2 years. Term wise Tuition fee :Rs 267000 Term wise Mess fee : Rs 25000 Deposit : 25000 So, the total fee I paid was around Rs 18 Lakhs including the Tuition, Hostel and Mess. - There is a Dean's Scholarship for the selected top students. Around 7-8 students from the batch receives the scholarship the amount of the scholarship is equal to the tuition fee of the year
...Read More
RITESH CHANDWANI
RITESH CHANDWANI
3.7Helpful
Reviewed on Mar 28, 2024(Enrolled 2023)

Fees and Financial Aid:

Trimester based Tution fess 16,84,000 Scholarship on the basis of director merit list Academic excellence plus extra curricular activities Half of the tuition fees is waived off Each and evry domain related job is offered Being a third gen IIM most of them are marketing
...Read More
Debalina Mandal
4.9
Reviewed on Jul 27, 2023(Enrolled 2023)

Fees and Financial Aid:

The cost to study is a bit high but it is comparatively less than most of the top B-schools. The packages are pretty well to ensure you can pay off any financial assistance you might get. There are certain scholarships for the needy that are provided on a merit basis.
...Read More
Somnil Dutta
Somnil Dutta
4.3Helpful
Reviewed on May 23, 2023(Enrolled 2022)

Fees and Financial Aid:

The fee structure for the 2022-24 batch is 16 Lacs for tuition and hostel and another 1.5 Lacs extra for mess. The scholarship is given to the top 7 students in terms of CGPA at the end of the first academic year. The job scenario is quite decent with an average salary of 16.51 Lacs and the highest salary of 36 Lacs for our senior batch.
...Read More
Anonymous
4.1Helpful
Reviewed on May 21, 2023(Enrolled 2021)

Fees and Financial Aid:

Fees increase every year. Roughly by 10%. One can get collateral-free loans from SBI, and UBI if studying under the IIM brand name. No opportunity for campus jobs. Fees are to be paid around 10 days in advance of the term starting.
...Read More

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Comments


Found 2 Comments

A
aafiya yadgir
Mar 27, 2024 20:43
How much scholarship is awarded to students at IIM Amritsar?
E
epil gagrai
Mar 26, 2024 10:07
What are the eligibility criteria for scholarships at IIM Amritsar?
A
Ashish Ramtari
Mar 26, 2024 17:32

The scholarships in IIM Amritsar is awarded on the basis of prior academic scores, performance in MBA Admission Test, and diversity (Includes Gender, Economic and Other Factors). Each selected student will be given scholarship award letter at the time of admission offer letter.


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