ICFAI University, located in Raipur, Chhattisgarh, offers a robust range of scholarship opportunities to support talented and deserving students. The university provides distinct scholarship schemes with a focus on merit-based awards, rewarding both past academic excellence and ongoing semester performance. ICFAI University Raipur’s approach aims to encourage access and recognize need through fee waivers for high-performing and eligible students across undergraduate and postgraduate programs.
ICFAI University Scholarships Overview
Scholarships at ICFAI University Raipur are designed to recognize outstanding academic merit and alleviate financial barriers for eligible students. Waivers and support usually take the form of partial tuition fee reductions based on qualifying exam scores or academic performance during the degree program.
Merit-based waivers (Board/CUET/entrance scores and semester CGPA)
Need/EWS-based support (including consideration of minority or economically weaker category as per government norms)
Category-based aid (such as government minority scholarships; there is no explicit information on single girl child, sports, or defense categories for this campus)
ICFAI University Eligibility
Eligibility for ICFAI University Raipur scholarships generally centers on previous academic achievement and continued scholarly performance. For merit awards, candidates must meet defined minimum percentage thresholds in qualifying examinations (commonly ranging from 60% to 90% in Class XII for UG, or relevant marks in bachelor's for PG). Post-admission, recipients are typically required to maintain a minimum CGPA of 6.0 in each semester to retain ongoing benefits. For government-funded scholarships (reserved/need/minority), additional eligibility such as income ceilings or community status may apply per applicable norms.
ICFAI University Required Documents
To apply for scholarships, students must submit a concise set of supporting documents for verification. Applicants are usually asked to provide:
Mark sheets and certificates of qualifying examination
Proof of admission/fee receipt
Valid government-issued photo ID
Caste/income/minority certificate (if applicable to the category)
Current semester grade report (for renewal)
ICFAI University Application Process
Scholarship applications are generally processed at the time of new admission or shortly after semester results are declared. Students must apply through the university’s admission portal or in person at the designated office, ensuring all required documents are attached. Application deadlines are typically announced with the admission cycle or renewed each semester; timely submission and careful documentation are crucial for eligibility and continued disbursal.
ICFAI University Scholarship Details
ICFAI University Raipur’s major scholarships are merit-based and tied to either the qualifying exam scores or semester-wise performance. Final awards depend on verification and availability as per university regulations.
Scholarship Name | Eligibility Criteria | Benefit | Notes (if any) |
Merit Scholarship (Based on Qualifying Exam Marks) | Class XII marks (UG)/Graduation marks (PG)
≥90%, 80–89.99%, 70–79.99%, or 60–69.99% | For B.Tech:
≥90% – INR 84,000
80–89.99% – INR 70,000
70–79.99% – INR 56,000
60–69.99% – INR 42,000
For B.Tech (Lateral):
≥90% – INR 63,000
80–89.99% – INR 52,500
70–79.99% – INR 42,000 | Disbursed over full duration of respective UG/PG program; must maintain minimum CGPA for renewal |
Merit Scholarship (Semester Performance) | Ongoing program CGPA range:
≥9.00, ≥8.50 to <9.00, ≥8.00 to <8.50 (varies by course) | B.Tech: INR 10,500/7,700/5,300 per semester
BCA: INR 5,700/4,200/2,800 per semester
MBA: INR 15,000/11,000/7,500 per semester
BBA: INR 6,900/5,100/3,500 per semester (see university chart for all programs) | For eligible students who meet the CGPA benchmark each semester |
Government/External Scholarships | Domicile, minority, or reserved category as per government norms | As per Central/State/Minority scholarship schemes (varies; e.g., EWS, SC/ST, OBC, minority aid) | Award and duration per respective government policy |
ICFAI University Additional Notes
To renew scholarships, recipients must consistently achieve the minimum CGPA of 6.0 and adhere to required attendance and conduct standards as outlined by the university. Most scholarships from ICFAI University Raipur are not combinable—students usually receive the highest eligible benefit, not multiple overlapping waivers. Annual awards may also be subject to seat-type availability and university fund allocation caps. Official announcements and updated regulations are published prior to each admission cycle.