IIM Sambalpur offers various scholarship schemes for the meritorious and the needy students. One such scheme being Need-Based Financial Assistance (NBFA). Candidates eligible for NBFA programmes are offered a scholarship amount based on their academic performance, family income and other relevant factors.
There are various other forms of financial aid under IIM Sambalpur scholarships provided by the Government of India and private organizations.
IIM Sambalpur Scholarships Details
The below table gives details of the scholarships available at IIM Sambalpur:-
| Scholarship Name |
Amount |
| Need-Based Financial Assistance (NBFA) |
Family income range
i) up to Rs.1.50 Lakh:- 100% of tuition fee waived;
ii) 1.50 Lakh - 3 Lakh :- 75% of tuition fee waived;
iii)3 Lakh to 4.5 Lakh:- 50% of tuition fee waived |
| Top Class Education Scheme for Students with Disabilities (SwDs) |
Tuition Fee and Non-Refundable Charges- Up to INR 2 lakhs p.a. +
Purchase of Computer with Accessories- INR 30,000 +
Purchase of Aids and Assistive Devices- INR 30,000 +
Maintenance Allowance for Hostellers- INR 3,000 & Day Scholars- INR 1,500 + Books & Stationery- INR 5,000 p.a. |
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IIM Sambalpur Scholarships offered
Need-Based Financial Assistance (NBFA)
The NBFA schemes are provided by the institute itself, i.e. IIM Sambalpur. The scholarships tend to provide financial support to meritorious students based on their academic performance and family income range. The amount of need based scholarships is provided in the form of tuition fee waiver. The details are as mentioned below:-
| Family Income range |
Amount of scholarship |
| Up to 1.50 lakhs |
100% tuition fee waiver |
| 1.50 lakhs - 3 lakhs |
75% tuition fee waiver |
| 3 lakhs - 4.5 lakhs |
50% tuition fee waiver |
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IIM Sambalpur Scholarships offered by Central Government
-
Scholarships for Top Class Education of Students with Disabilities (SwDs)
Scholarships for Top Class Education for Students with Disabilities is initiated by the Department of Empowerment of Persons with Disabilities, Government of India. This scholarship provides financial support to students pursuing studies at UG / PG / Diploma level.
Eligibility
Students must be pursuing studies at UG / PG / Diploma level in notified institutions of excellence in education and having more than 40% disability + a valid certificate for the same. Students should have an annual family income of less than INR 6 lakh 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 |
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-
Top Class Education Scheme for SC Students
Scholarships are offered by the Ministry of Social Justice & Empowerment, Government of India, to SC students. It is provided based on their annual parental income for the previous financial year. The maximum income limit is INR 8,00,000/-.
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-
National Fellowship and Scholarship for Higher Education of ST Students
Scholarships are offered by the Ministry of Tribal Affairs, Government of India to ST students. It is provided based on annual parental income from all sources for the previous financial year.
The maximum income limit is INR 6,00,000/-. There is no institute wise/state wise/stream wise ceiling of number of slots.
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How to Apply for IIM Sambalpur Scholarships?
- In order to apply for IIM Sambalpur Scholarships, first need to check the eligibility criteria related to academic performance, family income, students’ previous earnings (if any) etc. These criteria may vary from scholarship to scholarship and time to time.
Step 1:- Visit the official website for IIM Sambalpur or NSP portal for Government scholarships and look for the availability of scholarships.
Step 2:- Then apply for the suitable financial support with proper documentation and personal details.
Documents required:-
- Scanned copies of passport size photograph
- Scanned copies of 10th, 12th and UG / PG marksheets (whichever is applied for)
- Identity proof like Aadhar card
- Family income proof and more as mentioned by the scholarship giver.
Step 3:- Apply for financial support and submit the request form as on the website.
Step 4:- Wait for the approval of your scholarship request and keep
handy the reference id which is generated during the application submission.
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IIM Sambalpur Scholarships FAQs
Ques. Does IIM Sambalpur offer scholarships to its students?
Ans. Yes, IIM Sambalpur offers many scholarships schemes to its students under the institutes, by Government of India, and educational loans from banks etc.
Ques. What are the scholarships offered by the Government of India?
Ans. Top Class Education of Students with Disabilities (SwDs), National Fellowship for education of ST students, Top Class education of SC students etc. are some of the known scholarship programmes.
Ques. Are there scholarships for deserving students at IIM Sambalpur?
Ans. Yes, there are need cum merit based scholarships for deserving students based on their academic performance, family income and needs.
Ques. Where can we apply for government scholarships in IIM Sambalpur?
Ans. Students can apply for Government of India scholarships at the official scholarship portal i.e. National Scholarship Portal (NSP).
Ques. Is it necessary to avail scholarships at IIM Sambalpur?
Ans. No, it is not necessary to avail scholarships. The scholarship schemes are meant for students with low family income and yet having a good academic record to pursue degree programs.
Ques. What other forms of financial assistance can students avail apart from scholarships at IIM Sambalpur?
Ans. IIM Sambalpur also permits students to avail educational loans from their respective banks to continue studying in advanced degree programs. Students must check interest rates, asset value, etc. from their respective banks before availing any student loan.
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