IIM Nagpur Scholarship – IIM Nagpur offers scholarships for students who excel academically but face financial constraints. These scholarships come in two forms: merit-based and need-based. Additionally, the institute extends government scholarships to economically disadvantaged students pursuing degree programs at IIM Nagpur.
IIM Nagpur Scholarship – Overview
The table below provides a summary of the scholarships offered at IIM Nagpur.
Name of scholarship | Scholarship amount |
---|---|
Merit Cum Means Scholarship for Professional and Technical Courses | Course fee – INR 20,000 per annum subject to actual whichever is less (for both Hostellers and Day Scholars) + Maintenance allowance – INR 1,000 per month for 10 months (Hosteller) / INR 500 per month for 10 months (Day Scholar) |
Scholarships for Top Class Education for students with disabilities | Tuition fee and non-refundable charges – 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 |
IIM Nagpur Scholarship – IIM Nagpur
IIM Nagpur provides scholarships in two main categories: one based on merit and the other combining financial need with merit. Here’s a simple breakdown of these scholarship types.
Scholarship offered by IIM Nagpur | Eligibility |
---|---|
IIM Nagpur Merit Scholarship | For candidates securing 95% or above in CAT. |
IM Nagpur Need-cum-Merit Scholarship | For candidates with family income less than INR 5,00,000 |
IIM Nagpur awards scholarships to a limited number of eligible students, with only 20 recipients. Ten scholarships are based on merit, and the other ten combine financial need with merit. Those selected receive a full waiver of the tuition fee for the two-year program. The scholarship policy is reviewed annually and can be found on the official portal for updates.
IIM Nagpur Scholarship – Government of India
The Indian government provides specific financial assistance programs, and a few of them are listed below.
- What is it?
- Merit Cum Means Scholarship is assistance for students pursuing professional and technical courses.
- Who can apply?
- It’s for students from Minority communities like Muslims, Sikhs, Christians, Buddhists, Jains, and Parsis/Zoroastrians.
- Eligibility:
- Students need at least 50% marks in their previous final exam to apply.
- Financial Criteria:
- Applicants must have a family income below INR 2.50 lakhs from all sources.
- Application:
- Eligible students can apply for this scholarship under IIM Nagpur’s scholarship program.
Scholarship Amount
Particulars | Scholarship Amount |
---|---|
Course Fee | INR 20,000 per annum subject to actual whichever is less |
Maintenance Allowance | INR 1,000 per month for 10 months (Hosteller), INR 500 per month for 10 months (Day Scholar) |
IIM Nagpur Scholarship – Students with Disabilities
- What is it?
- It’s a scholarship program called “CSS Scholarships for Students with Disabilities (SwDs)” initiated by the Department of Empowerment of Persons with Disabilities, Government of India.
- Who is it for?
- The scholarship is for students with disabilities (SwDs).
- Level of Studies:
- It supports students pursuing Undergraduate (UG), Postgraduate (PG), and Diploma-level studies.
- Purpose:
- The primary aim is to provide financial assistance to these students.
- Initiating Authority:
- The Department of Empowerment of Persons with Disabilities, Government of India, is responsible for this scholarship program.
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 |
IIM Nagpur Scholarship – SC Students
- Scheme Name:
- It’s the “Top Class Education Scheme for SC Students.”
- Provided by:
- This scheme is offered by the Ministry of Social Justice & Empowerment, Government of India.
- Eligibility Based on Income:
- The eligibility for the scholarship is determined by the annual parental income from the previous financial year.
- Financial Criteria:
- Candidates interested in applying should have a gross family income not exceeding INR 8,00,000.
- Purpose:
- The scheme aims to support students from the Scheduled Caste (SC) category in pursuing top-notch education.
IIM Nagpur Scholarship – ST Students
- Scheme Name:
- It’s the “National Fellowship and Scholarship for Higher Education of ST Students.”
- Offered by:
- These scholarships are provided by the Ministry of Tribal Affairs, Government of India.
- Eligibility Based on Income:
- The eligibility for the scholarship is determined by the annual parental income from the previous financial year.
- Financial Criteria:
- The maximum income limit for National Fellowship & Scholarships, under IIM Nagpur’s scholarship program, is set at INR 6,00,000.
- Allocation Criteria:
- There is no specific limit on the number of slots based on institutes, states, or streams. The scholarships are open without such restrictions.
IIM Nagpur Scholarship – IIM Nagpur Complimentary Scholarship
- Complimentary State Government Scholarships:
- i) Chief Minister Fellowship Yojana (CMFY):
- Offered by the Government of Jharkhand.
- ii) Rajarshi Shahu Maharaj Merit Scholarship:
- Provided to SC students by the Government of Maharashtra.
- i) Chief Minister Fellowship Yojana (CMFY):
- Private Sector Scholarships:
- IIM Nagpur facilitates scholarships from private companies and organizations.
- For specific details, students can check the official website.
- Educational Loans:
- IIM Nagpur supports students with low finances to avail educational loans.
- Banks offering such loans include:
- i) Bank of Baroda
- ii) Bank of India
- iii) Central Bank of India
- iv) State Bank of India
- v) Union Bank of India
- vi) Canara Bank, and others.
IIM Nagpur Scholarship – Frequently Asked Question
Q1. How can I check details about IIM Nagpur Scholarship 2024?
Ans. Visit the official website for information on IIM Nagpur Scholarship 2024.
Q2. Are there specific scholarships for SC students at IIM Nagpur in 2024?
Ans. Yes, schemes like Chief Minister Fellowship Yojana and Rajarshi Shahu Maharaj Merit Scholarship cater to SC students.
Q3. Does IIM Nagpur facilitate private company scholarships in 2024?
Ans. Yes, IIM Nagpur supports scholarships from private organizations; check the official website for more details.