IIM Scholarships 2025: Financial Aid Opportunities for Gen/EWS/OBC/SC/ST Students

IIM Scholarships 2025: Financial Aid Opportunities for Gen/EWS/OBC/SC/ST Students

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Team Careers360Updated on 07 Aug 2025, 11:13 AM IST

IIM scholarships for candidates are provided by the different IIM colleges to candidates with financial constraints of some kind. The IIM scholarship is provided only to the eligible candidates. The IIM scholarships are funded either by the government or some other private institution. The IIM scholarships are provided with the goal of including every possible candidate in the prestigious management institutes. This article aims to provide robust information about the different IIM scholarships 2025 available for candidates, covering important aspects like type, eligibility, and features.

This Story also Contains

  1. Types of Scholarships Offered at IIMs
  2. Eligibility Criteria for IIM Scholarship 2025
  3. IIM Scholarship for MBA Programme
  4. Top 10 Scholarships for MBA in IIM
  5. Application Process for IIM Scholarships
IIM Scholarships 2025: Financial Aid Opportunities for Gen/EWS/OBC/SC/ST Students
IIM Scholarship

Types of Scholarships Offered at IIMs

IIM scholarships 2025 can be of various types depending on the way they are catered to the candidates. The various types of IIM scholarships are mentioned below.

Merit-Based IIM Scholarship

  • Given to candidates with extraordinary academic performance at school and graduation levels along with exceptional performance in MBA entrance exams.

Need-Based IIM Scholarship

  • Given to candidates coming from poor backgrounds.
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Diversity and Gender-based IIM scholarship

  • Given to candidates coming from diverse religious and cultural backgrounds.
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External IIM scholarship

  • Given to students by companies that employ MBA graduates to bring new talent into their workspace.

Eligibility Criteria for IIM Scholarship 2025

The eligibility criteria for an IIM scholarship are specific to the particular scholarship. The eligibility criteria vary for every individual IIM scholarship. However, a few of the conditions remain the same. Having these increases the probability of a candidate being considered for the IM Scholarship. The general eligibility criteria for the IIM scholarship are as follows:.

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  • A bachelor’s degree from a recognized university or equivalent institution.
  • Excellent academic records at the school and college levels.
  • Letter of recommendation from institutions.
  • A justifiable reason to be granted a scholarship.
  • Exceptional performance in various MBA entrance exams such as CAT/XAT/CMAT, etc.

IIM Scholarship for MBA Programme

The IIM scholarships provided by different IIMs, along with their eligibility criteria, are listed in the table below.

IIMs

IIM Scholarship

IIM Scholarship Eligibility Criteria

IIM Ahmedabad

IIMA Special Need-Based Scholarships

Gross annual family income is below Rs. 15,00,000. During the previous financial year, you are eligible to apply for this scholarship.

SC/ST Scholarships

Awarded to meritorious SC/ST students whose family income does not exceed Rs. 4,50,000 per annum.

Aditya Birla Group scholarships

Merit-based scholarship. 6 students are selected.

OP Jindal Engineering and Management Scholars

Based on academic performance along with an online test and personal interview.

IIM Bangalore

T Thomas

The second-year student is shortlisted. Based on what merit cum means.

Societe General Global Solution Centre India

Financially weak students. Based on the interview.

Employment in Social sector scholarship

One-third of the tuition fee will be reimbursed as a scholarship after the candidate has completed 3 years of service in the social sector.

IIM Calcutta

Aditya Kashyap Memorial

First Rank Holder

SC/ST scholarship

Students belonging to SC/ST. Need-based.

IIM Lucknow

Bharti Scholarship

Annual income less than 1.08 lacs p.a.

IIM Indore

Financial scholarship

Need-based

State scholarship

Merit-based. Funded by the state government for top students belonging to the state.

IIM Kozhikode

IIMK Merit Scholarship

awarded to the students of Post Graduate Programmes (PGP, PGPLSM, and PGPFIN) first- and second-year students based on their performance during one academic year, as determined by their CGPA.

Top Class Education Scheme for SC Students

Students belonging to the SC category based on annual parental income from all sources for the previous financial year. The maximum income limit is Rs. 8,00,000/-.

National Fellowship and Scholarship for Higher Education of ST Students

Students belonging to the ST category, based on annual parental income from all sources for the previous financial year. The maximum income limit is Rs. 6,00,000/-.

Merit Cum Means Scholarship for Professional and Technical Courses CS

Students belonging to minority communities who have secured not less than 50% marks or equivalent grades in the previous final examination. The maximum limit of income for the previous financial year is Rs. 2,50,000.

Scholarship Scheme for Govt. of Tamil Nadu

Offered by the Government of Tamil Nadu to the native students belonging to BC/MBC/DNC communities. The maximum limit of income is Rs. 2,000,000/-.

IIM Nagpur

IIM Nagpur Merit Scholarship

For top ten scorer candidates securing 95%ile or above in CAT.

IIM Nagpur Need-cum-Merit Scholarship

For candidates with a family income of less than Rs 8 lakhs.

IIM Ranchi

Merit cum Means 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 parents/guardians from all sources should not exceed INR 2.50 lakhs.

IIM Mumbai

Type 1

It gives a 30% waiver on the tuition fee. The annual family income should be less than 2.5 lakhs.

Type 2

It gives a 50% waiver on the tuition fee. The annual family income should be less than 1 lakh.

Top 10 Scholarships for MBA in IIM

Check out below the top 10 IIM scholarship for General category, OBC, SC, ST, EWS, etc.

IIM Ahmedabad Scholarships

  • IIM Ahmedabad need-based scholarships
  • Merit-Based Scholarships
  • Government Scholarships (e.g., Central Sector Scheme)
  • Alumni-Funded Scholarships

IIM Bangalore Scholarships

  • Need-Based Scholarships
  • IIM Bangalore merit scholarships
  • Corporate Scholarships (e.g., Aditya Birla, OPJEMS)
  • Special Scholarships for Women

IIM Calcutta Scholarships

  • Merit-Based Scholarships
  • IIM Calcutta financial aid for SC/ST students
  • Corporate Scholarships (e.g., JN Tata Endowment)
  • Government Scholarships (e.g., Central Sector Scheme)

IIM Lucknow Scholarships

  • Need-Based Scholarships
  • Merit Scholarships
  • Corporate Scholarships (e.g., OPJEMS, Aditya Birla)
  • Special Scholarships for SC/ST/OBC Students

IIM Kozhikode Scholarships

  • Need-Based Financial Aid
  • Merit Scholarships
  • Government Scholarships (e.g., Central Sector Scheme)
  • Corporate Scholarships

IIM Indore Scholarships

  • Need-Based Scholarships
  • Merit Scholarships
  • Special Scholarships for Women
  • Government Scholarships (e.g., Central Sector Scheme)

IIM Shillong Scholarships

  • Need-Based Financial Aid
  • Merit Scholarships
  • Corporate Scholarships
  • Special Scholarships for North-Eastern Students

IIM Rohtak Scholarships

  • Need-Based Scholarships
  • Merit Scholarships
  • Government Scholarships (e.g., Central Sector Scheme)
  • Corporate Scholarships

IIM Udaipur Scholarships

  • Need-Based Financial Aid
  • Merit Scholarships
  • Corporate Scholarships
  • Special Scholarships for Women

IIM Kashipur Scholarships

  • Need-Based Scholarships
  • Merit Scholarships
  • Government Scholarships (e.g., Central Sector Scheme)
  • Corporate Scholarships

Application Process for IIM Scholarships

  • Check the official website of the respective IIM for detailed scholarship information.
  • Submit the required documents (e.g., income proof, academic records).
  • Meet the eligibility criteria (e.g., merit-based, need-based, or category-specific).
  • Apply within the specified deadlines.

Frequently Asked Questions (FAQs)

Q: Which IIM has the lowest fees?
A:

The Indian Institute of Management (IIMs), IIM Amritsar, IIM Sirmaur, and IIM Bodh Gaya are considered to have the lowest MBA fee.  

Q: Which IIM has the lowest fees?
A:

The Indian Institute of Management (IIMs), IIM Amritsar, IIM Sirmaur, and IIM Bodh Gaya are considered to have the lowest MBA fee.  

Q: Which is the cheapest IIM?
A:

The IIM with the lowest fee for the MNA program is typically IIM Bodh Gaya with an approximate fee of Rs. 16.28 lakhs for the two-year program.

Q: Can I study in IIM for free?
A:

Studying in IIM for absolutely free is uncommon, however, there are several options which allow students to reduce their financial burden and help them study there.

Q: Can I get 100% scholarship for IIM?
A:

A full 100% scholarship is not provided by any IIM. In most cases, a certain scholarship amount is provided to the candidates eligible for a particular IIM scholarship. The amount can vary for different IIMs.

Q: Can I get 100% scholarship for MBA?
A:

As we all know MBA come up with a hefty price tag. Many students finance their MBA course through education loans, savings, or through scholarships. However, securing a 100% MBA scholarship at renowned B-schools is quite uncommon. 

Q: Is IIM free for CAT students?
A:

Most of the IIMs do not provide category-wise scholarship to students who qualify the CAT entrance exam. The MBA/ PGDM course fee is the same for all categories of students. However, scholarships are offered to only eligible candidates based on several factors such as merit, merit-cum means, etc.

Q: Can second-year MBA students apply for scholarships?
A:

Yes. There are specially curated scholarships for MBA students in India who are studying in the second year of their respective courses.

Q: Can a poor student join IIM?
A:

With the introduction of numerous IIM scholarship programs for candidates by both government and private institutions, it has become feasible for candidates with a poor financial background to join IIM.

Q: Does IIM offer a fee waiver?
A:

Some of the IIM Scholarships offer a fee waiver to candidates. The tuition fee waived can be between 30 to 50%. In very rare cases, only under special circumstances, a candidate is given a complete fee waiver for the tuition fee.

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Questions related to CAT

On Question asked by student community

Have a question related to CAT ?

Hello,

Here are some top MBA colleges in India with fees under Rs. 2 lakh and their exam/cutoff details:

  • SIMSREE, Mumbai – Fee around Rs. 1.3–1.4 lakh for 2 years. Accepts CAT, CMAT, MAH-CET, MAT, ATMA. Cutoff is very high, usually 99+ percentile in CAT/CMAT.

  • PUMBA (Dept. of Management Sciences, Savitribai Phule Pune University) – Fee around Rs. 1.2–1.3 lakh. Accepts CAT, CMAT, MAH-CET, ATMA. Cutoff approx. 75+ percentile in CAT, 90–95+ percentile in CMAT, high scores in MAH-CET.

  • TISS, Mumbai (MA HRM & other management-related programmes) – Fee around Rs. 1.7–1.9 lakh. Accepts CAT for some courses. Qualifying cutoff is around 60–70 percentile, but final selection cutoffs are higher.

These are the main government institutes where the full MBA/PG programme fee is within Rs. 2 lakh. Cutoffs vary slightly each year and by category, but SIMSREE and PUMBA generally need high scores, while TISS has its own process along with CAT shortlisting.

Hope it helps !

Hey! With a NEET score of 344 in the ST category, it is highly unlikely to get admission in any government BDS college in Delhi through the All India Quota. The cutoff for government BDS seats in Delhi usually falls around 400–450 for ST category, so your score is below that range.

You can consider private dental colleges, state quota seats in other states, or reattempt NEET next year to improve your chances.

Hello dear candidate,

YES, with NEET score 344in the ST category you have high chances of getting admission in a BDS College in J&K through JKBOPEE counselling.

check the seat availability and next participate in JKBOPEE Counselling with all the necessary documents.

Thank you.


Hey! With an All India Rank (AIR) of 302,821 in NEET and belonging to the BCE category, it is highly unlikely to get a BDS seat in Telangana under the state quota, as the closing ranks for BCE are usually below 50,000. You may consider applying to private colleges under management quota or explore BDS seats in other states, but the chances remain very limited with this rank.

At KIMS Amalapuram, the internship stipend for MBBS students is generally reported to be around 20,000 per month, though some students have mentioned that in certain years no stipend was provided at all, which means it can vary depending on the policies in place at the time of your internship. To get the most accurate and updated information, it is always best to confirm directly with the college administration or recent interns, but on average, you can expect a stipend in the range of 18,000-20,000 per month during the compulsory rotating internship.