IIM Amritsar Scholarship schemes are designed to support deserving and meritorious students in pursuing their management education without financial hurdles. Established in 2015 under the aegis of the Ministry of Human Resource Development (MHRD) and the Government of Punjab, IIM Amritsar offers a variety of financial assistance options, including merit-based scholarships, need-based scholarships, and education loan support. Although limited in number, these scholarships provide substantial relief for students with excellent academic performance and limited financial resources. By offering such financial aid, the institute ensures that talented students can focus on their studies and career development without being constrained by economic challenges.
IIM Amritsar Overview of Scholarships
The following table provides a comprehensive overview of the scholarships offered at IA-IIM:
Scholarship | Amount (in INR) |
MBA Merit-Based Scholarships | Varies |
Financial Aid for PhD Students | Monthly Fellowship + Contingency Grant + Conference Grant |
Post Doctoral Fellowship Programmes | 55,000 p.m. + 30,000 (Yearly Contingency Grant) + 1,00,000 (For 1 International Conference) |
National Fellowship and Scholarship for Higher Education of ST Students | 30,000 |
IIM Amritsar Merit-Based MBA Scholarships
IA-IIM offers a few merit-based scholarships to its MBA students, taking into account their academic achievements and diversity. The scholarship is distributed equally across the two-year MBA program. Selection for the first year is based on previous academic records, performance in the MBA admission process, and diversity. For the second year, the scholarship can be renewed based on academic performance and conduct demonstrated during the first year, with a minimum CGPA of 2.96 being mandatory.
IIM Amritsar Financial Assistance for Doctoral Programmes
IA-IIM offers a limited amount of financial aid to its PhD students, which includes a monthly stipend, an annual contingency grant, and a research grant for attending conferences and seminars. In addition, students are also covered under medical insurance as part of the welfare programmes.
IIM Amritsar Post-Doctoral Fellowship Programmes
IA-IIM offers financial support to post-doctoral fellows. The aid includes a monthly fellowship of INR 55,000, an annual contingency grant of INR 30,000, and a conference grant of INR 1,00,000 for attending one international conference. The institute's student welfare policy also provides medical insurance coverage.
IIM Amritsar Government Scholarships
The National Fellowship and Scholarship for Higher Education of ST Students is a scholarship scheme offered by the Ministry of Tribal Affairs. Eligible candidates include those pursuing high-degree courses, such as M.Phil, Ph.D, or an integrated M.Phil + Ph.D, who have scored a minimum of 55% marks at the postgraduate level from a recognised university. The Merit-cum-means based Scholarship Scheme, offered by the Ministry of Minority Affairs, aims to financially assist students from minority communities with good academic records who are pursuing professional and technical courses.