IIM Sambalpur Fees and Scholarship – IIM Sambalpur’s MBA fees for 2024 amount to roughly INR 18.01 Lakhs for 2 years. This fee covers various expenses including tuition, hostel charges, mess fees, activity fees, placement facilitation charges, alumni fees, and a refundable caution deposit. Tuition fees comprise around INR 12 Lakhs, while hostel and mess charges sum up to about INR 3.50 Lakhs and INR 1.26 Lakhs respectively for the 2-year duration. Additionally, students are required to pay a refundable deposit of approximately INR 20,000. Apart from the 2-year MBA program, IIM Sambalpur also offers Executive MBA, MBA for Working Professionals, Ph.D., and Executive Ph.D. programs, each with its own fee structure.
IIM Sambalpur Fees
The MBA fees at IIM Sambalpur have gone up from INR 17.76 lakhs for 2 years to around INR 18.01 lakhs. For the academic years 2024-26, the MBA fees at IIM Sambalpur are approximately INR 18.01 lakhs.
| Courses | IIM Sambalpur Fees |
|---|---|
| MBA | INR 18.01 lakhs |
| Executive MBA | INR 12 lakhs |
| MBA for Working Professionals | INR 14.10 lakhs |
IIM Sambalpur Fees – Fee Breakup
The breakdown of IIM Sambalpur’s MBA fees is as follows:
| Heads | PGP-I (2023-24) | PGP-II (2024-25) | ||||
|---|---|---|---|---|---|---|
| Installments | 1 | 2 | 3 | 1 | 2 | 3 |
| Tuition Fee | INR 2,00,000 | INR 2,00,000 | INR 2,00,000 | INR 2,00,000 | INR 2,00,000 | INR 2,00,000 |
| Hostel Charges | INR 60,000 | INR 60,000 | INR 55,000 | INR 60,000 | INR 60,000 | INR 55,000 |
| SAC activity | INR 25,000 | – | – | INR 25,000 | – | – |
| Placement Facilitation Charges | INR 25,000 | – | – | INR 25,000 | – | – |
| Mess Deposit | INR 21,000 | INR 21,000 | INR 21,000 | INR 21,000 | INR 21,000 | INR 21,000 |
| Alumni Fees | – | – | – | – | – | INR 5,000 |
| Refundable Caution Deposit | INR 20,000 | – | – | – | – | – |
| Total | INR 3,51,000 | INR 2,81,000 | INR 2,76,000 | INR 3,31,000 | INR 2,81,000 | INR 2,81,000 |
| IIM Sambalpur MBA Fees | INR 9,08,000 | INR 8,93,000 | ||||
IIM Sambalpur Fees – Hostel Fee
The hostel fees and mess charges are already included in the total fees at IIM Sambalpur. Here’s the breakdown of these charges:
| Particulars | Year 1 | Year 2 | Total |
|---|---|---|---|
| Hostel Fees | 1.75 lakhs | 1.75 lakhs | INR 3.50 lakhs |
| Mess Charges | INR 63K | INR 63K | INR 1.26 lakhs |
The hostel charges saw a significant increase in 2023. Here are the hostel fees and mess charges for each year at IIM Sambalpur:
| Particulars | 2023-25 | 2022-24 | 2021-23 |
|---|---|---|---|
| Hostel Fees | INR 3.50 lakhs | INR 1.30 lakhs | INR 1.30 lakhs |
| Mess Charges | INR 1.26 lakhs | INR 1.13 lakhs | INR 1.08 lakhs |
IIM Sambalpur Scholarships
IIM Sambalpur provides scholarships to deserving students through programs like Need-Based Financial Assistance (NBFA). Eligible candidates receive financial aid based on their academic performance, family income, and other criteria. Additionally, the institute offers various other scholarships funded by the Government of India and private organizations to support students in need.
| 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. |
IIM Sambalpur Scholarships – Need-Based Financial Assistance (NBFA)
IIM Sambalpur offers its own NBFA schemes to support students financially. These scholarships are awarded based on academic achievements and family income. The aid typically comes in the form of tuition fee waivers.
| 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 |
IIM Sambalpur Scholarships – Central Government
The “Scholarships for Top Class Education for Students with Disabilities” is offered by the Government of India through the Department of Empowerment of Persons with Disabilities. It aims to financially assist students with disabilities pursuing undergraduate, postgraduate, or diploma studies. To be eligible, students must study at recognized institutions, have a disability of over 40% with a valid certificate, and their family income should be less than INR 6 lakh annually 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 |
IIM Sambalpur Scholarships – Top Class Education Scheme for SC Students
The Ministry of Social Justice & Empowerment, Government of India, offers scholarships to students belonging to Scheduled Castes (SC). These scholarships are awarded based on the annual income of the student’s parents from the previous financial year, with a maximum income limit of INR 8,00,000.
IIM Sambalpur Scholarships – National Fellowship and Scholarship for Higher Education of ST Students
The Ministry of Tribal Affairs, Government of India, provides scholarships to students belonging to Scheduled Tribes (ST). These scholarships are awarded based on the annual income of the student’s parents from all sources in the previous financial year, with a maximum income limit of INR 6,00,000. There are no restrictions on the number of slots available based on institutes, states, or streams.
IIM Sambalpur Scholarships – Steps to Apply
Before applying for scholarships at IIM Sambalpur, it’s important to check if you meet the eligibility criteria. This includes factors like academic performance, family income, and any previous earnings you may have. Keep in mind that the criteria can differ for each scholarship and may change over time.
Step 1: Go to the official website of IIM Sambalpur or the National Scholarship Portal (NSP) for Government scholarships.
Step 2: Look for available scholarships and choose the one that fits your needs. Then, apply for it by providing the necessary documents and personal information.
Documents required:
- Scanned passport-sized photograph
- Scanned copies of your 10th, 12th, and undergraduate/postgraduate marksheets (depending on the scholarship applied for)
- Identity proof such as Aadhar card
- Proof of family income, and any other documents specified by the scholarship provider.
Step 3: Fill out the application form for financial support as directed on the website.
Step 4: After submitting your scholarship request, wait for approval. Keep an eye on your email or the scholarship portal for any updates regarding the status of your application.
IIM Sambalpur Fees and Scholarships – Frequently Asked Question
Q1. What are the fees for MBA at IIM Sambalpur?
Ans. MBA fees at IIM Sambalpur are approximately INR 18.01 lakhs for two years.
Q2. Does IIM Sambalpur offer scholarships?
Ans. Yes, IIM Sambalpur provides various scholarships based on academic performance and financial need.
Q3. How can I apply for scholarships at IIM Sambalpur?
Ans. You can apply for scholarships by visiting the official website or the National Scholarship Portal and submitting required documents.
