IIM Visakhapatnam Scholarship 2024 Full Details, Check Now

IIM Visakhapatnam Scholarship – IIM Visakhapatnam has introduced merit-based scholarships for the PGP Batch, offering up to INR 6.0 lakh per student for the top two scorers in the second year. These scholarships aim to provide quality education to students without financial constraints.

IIM Visakhapatnam Scholarship – Year Wise Trend

Batch	Percent of Batch that received Financial Aid (%)	Average of Quantum of Aid Received (As a percent of total fee)
2022-24	9.93%	31.11%
2021-23	17.46	30.91
2020-22	11.11	25.34
2019-21	6.40	40.00
2018-20	7.62	37.50
2017-19	9.84	58.33
2016-18	9.62	76.00
2015-17	7.41	55.00

IIM Visakhapatnam Scholarship – External Scholarships Offered

Here’s a table summarizing the external scholarships awarded to students at IIM Visakhapatnam.

Batch	Percent of Batch that received External Scholarships (%)	Average of Quantum of Aid Received (As a percent of total fee)
2022-24	3	88
2021-23	4	100
2020-22	10	74
2019-21	6	80
2018-20	5	100

IIM Visakhapatnam Scholarship Offered

The IIM Visakhapatnam scholarship program aims to recognize and reward academic excellence, leadership potential, and diverse achievements among its students, fostering a culture of meritocracy and supporting the pursuit of higher education.

IIM Visakhapatnam Scholarship Offered – Ministry of Tribal Affairs Scholarship (ST)

The Government of India’s Ministry of Tribal Affairs offers financial support for the higher education of Scheduled Tribe students in the first year of the PGP program. This scholarship fully covers tuition expenses and is known as the National Scholarship for Higher Education for Scheduled Tribe students.

IIM Visakhapatnam Scholarship Offered – Ministry of Social Justice and Empowerment Scholarship (SC)

The Government of India’s Ministry of Social Justice and Empowerment provides financial assistance for the higher education of outstanding Scheduled Caste students in the first year of the PGP program. This scholarship fully covers tuition expenses and is called the National Scholarship for Higher Education for Scheduled Caste.

IIM Visakhapatnam Scholarship Offered – Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD)

Individuals with a disability of at least 40%, as certified by a qualified medical authority, are eligible for this financial assistance. It’s a need-based scholarship, providing INR 2,55,000 annually.

IIM Visakhapatnam Scholarship Offered – Merit Cum Means Scholarship for Professional and Technical Courses CS

This scholarship is given to economically disadvantaged and high-achieving students from minority communities who scored at least 50% in their last exam. Additionally, their parents’ total annual income should not exceed INR 2.50 lakh.

IIM Visakhapatnam Scholarship Offered – Complimentary Scholarships offered by Official Authorities 

In addition to the mentioned scholarships, students are encouraged to apply for other scholarships provided by official organizations. IIM Visakhapatnam supports students in seeking merit-based scholarships from state and central government bodies or private organizations. Students can explore opportunities on the National Scholarship Portal at https://scholarships.gov.in/ and apply based on the eligibility criteria for each scheme.

IIM Visakhapatnam Scholarship Offered – Steps to Apply

Here’s a simple breakdown of the procedure for applying for scholarships at IIM Visakhapatnam:

Step 1: Go to the official website of the source offering financial aid, such as IIM Visakhapatnam’s site or the NSP Portal (https://scholarships.gov.in/) or other relevant official platforms.

Step 2: Check for any ongoing scholarship programs listed on the website.

Step 3: Collect necessary documents required for the scholarship. This might include an Income Certificate, IT Returns for the last two years, proof of household savings, property documents, and details of assets like two-wheelers, four-wheelers, electronics, etc. Optional documents may include loan papers and EMI receipts.

Step 4: Complete the application process by meeting the eligibility criteria and submitting the required documents. Make sure to save the temporary or permanent ID generated during the application for future reference.

IIM Visakhapatnam Scholarship Offered – Frequently Asked Question