The Indian Institute of Foreign Trade - [IIFT], located in Kolkata, West Bengal, India, offers a structured suite of scholarships to promote inclusion and educational excellence. Scholarships at this campus address a range of requirements, including merit, need (economically weaker sections), category-based awards (such as for SC/ST students), and fee waivers for specific groups. These schemes are designed to make IIFT’s fees accessible to a diverse student population and to encourage strong academic and extracurricular achievement.
- Indian Institute of Foreign Trade - [IIFT] Scholarships Overview
- Indian Institute of Foreign Trade - [IIFT] Eligibility
- Indian Institute of Foreign Trade - [IIFT] Required Documents
- Indian Institute of Foreign Trade - [IIFT] Application Process
- Indian Institute of Foreign Trade - [IIFT] Scholarship Details
- Indian Institute of Foreign Trade - [IIFT] Additional Notes
Indian Institute of Foreign Trade - [IIFT] Scholarships Overview
IIFT Kolkata’s scholarships are intended to enable deserving students to access world-class management education, irrespective of economic barriers. Benefits generally include partial or full tuition fee waivers, interest subsidies on education loans, and occasionally monthly living allowances. Typical scholarships address the following groups and achievements:
Merit-based waivers (post-program CGPA-based, competitive evaluation)
Need/EWS-based support (means-tested, defined family income thresholds)
Category-based (SC/ST government scholarships, minority schemes, state-specific awards)
Indian Institute of Foreign Trade - [IIFT] Eligibility
For IIFT Kolkata scholarships, eligibility generally balances academic performance, family income limits, and government-defined reservation criteria. Typically, students must meet thresholds such as a minimum CGPA (often post-program), annual family income below INR 6.5–8 lakh (varies by scheme), and reserved-category eligibility. Certain schemes reserve awards for top-ranking SC/ST students within the flagship MBA program, while others prioritize those with no major disciplinary records.
Indian Institute of Foreign Trade - [IIFT] Required Documents
Applicants must submit documentation to establish academic, financial, and category eligibility. Most scholarships require the following:
Proof of family income (income certificate or IT returns)
Academic mark sheets and degree certificates
Caste/category certificates (if applicable)
Admission offer letter or student ID
Bank account and loan details (for loan-linked or interest subsidy schemes)
Indian Institute of Foreign Trade - [IIFT] Application Process
Students typically apply for scholarships during the admission cycle or designated institutional windows, as announced by the IIFT Kolkata administration. Applications are accepted via the official portal or at the institute office, often soon after enrollment and subject to strict deadlines. Ensuring complete and accurate documentation is vital to avoid disqualification.
Indian Institute of Foreign Trade - [IIFT] Scholarship Details
The table summarizes IIFT Kolkata’s key scholarships, their main eligibility benchmarks, and award benefits. Selection, disbursal, and quantum depend on verification and batch limits.
Scholarship Name | Eligibility Criteria | Benefit | Notes (if any) |
New Scholarship Scheme (from AY 2023) | Top 10% in full-time programs; family income ≤ INR 8 lakh; CGPA post-program (min 2.0) | 20% of tuition fee disbursed after program completion | 30% weightage to merit, 70% to means; mutually exclusive with equivalent external awards; batch limit applies |
Need-Based Scholarship (up to AY 2022-24 batch) | Family income ≤ INR 6.5 lakh; loan taken for program; continuous year-wise progress | Interest subsidy on education loan for 27 months post-loan initiation | Terminated if final exams not cleared each year |
Central Sector Scholarship for SC/ST Students | Admitted to MBA (IB) full-time; SC/ST category; family income ≤ INR 6.5 lakh | Full tuition and non-refundable fees; living expenses (INR 2,220/month max); books/stationery (INR 3,000/year) | 4 SC and 4 ST students per program; terminated upon failing exams |
State Government/Minority Scholarships | Domicile or minority category as per government norms | Quantum and duration as per scheme guidelines | Subject to government notification and annual budget |
SC/ST Fee Waiver | SC/ST admitted to MBA (IB) | Tuition fee waiver up to 50% | Overlap with government scholarships not permitted |
Indian Institute of Foreign Trade - [IIFT] Additional Notes
Most scholarships at IIFT Kolkata have clear renewal or maintenance requirements, commonly including a minimum CGPA, mandatory clearance of all final/terminal examinations, maintenance of good conduct, and compliance with institutional norms. Scholarships may not be combined if a student is awarded an equivalent or higher benefit from another source—only the higher or differential amount is paid. Each scholarship program may enforce its own cap on the number of awards per batch to ensure equitable distribution.
