ICFAI University - [IUJ], located in Ranchi, Jharkhand, India, offers multiple scholarship opportunities to support students from varied backgrounds. These include merit-based awards for high academic performers, need-based assistance and government schemes, and several fee waivers triggered by both entry and ongoing performance. The university emphasizes academic excellence and inclusivity, ensuring support is accessible to deserving students.
ICFAI University - [IUJ] Scholarships Overview
Scholarships at ICFAI University - [IUJ] are designed to encourage both high-achieving students and those facing financial constraints. Awards typically range from partial tuition fee waivers (from 20% up to 50% of semester fees) based on previous academic records, as well as performance in university semesters. Additional support is available for candidates eligible under state E-Kalyan schemes.
Merit-based waivers (based on board exam marks and ongoing semester GPA/class rank)
Need/EWS-based support (including Jharkhand E-Kalyan scholarships for eligible domiciles)
Category-based assistance (notably for local domicile, government schemes; specific institutional awards may vary)
ICFAI University - [IUJ] Eligibility
Eligibility for IUJ scholarships is primarily determined by students’ prior academic performance and subsequent semester results. For merit awards, the minimum qualifying marks start at 60% (CGPA 6.5), with higher waivers awarded to those scoring 70%, 80%, or 90% and above. Semester-based merit scholarships look at the previous semester’s GPA and class rank (top 5% and next 5%). For need/State E-Kalyan, eligibility usually hinges on family income limits and Jharkhand domicile.
ICFAI University - [IUJ] Required Documents
Applicants must provide verified documents supporting both their academic and financial eligibility. Submission of authentic paperwork is necessary for consideration.
Mark sheets and certificates from qualifying examinations
Semester grade reports for in-course merit
Domicile certificate (for government/E-Kalyan schemes)
Income certificate (for need-based support)
Government-issued photo ID
ICFAI University - [IUJ] Application Process
Applications for university-administered scholarships are accepted during the admission cycle and subsequently at the end of each semester for ongoing academic awards. Students must apply via the institute’s portal or at the administrative office, adhering strictly to deadlines and ensuring all required documents are uploaded or submitted with the application. E-Kalyan applications are processed through the official Jharkhand government portal, though university support is provided during the process.
ICFAI University - [IUJ] Scholarship Details
The table below summarizes key IUJ scholarships, their eligibility criteria, and benefits. All scholarships are awarded subject to final verification and compliance with seat-type or quota limitations where applicable.
Scholarship Name | Eligibility Criteria | Benefit | Notes (if any) |
Merit Scholarship - Entry Level | Marks in qualifying exam: ≥ 60% (CGPA 6.5–7.7) — 20%
≥ 70% (CGPA 7.7–8.8) — 30%
≥ 80% (CGPA 8.8–9.9) — 40%
≥ 90% (CGPA ≥ 9.9) — 50% | 20%–50% waiver on Semester I fee | Waiver applied to first semester only[2][5] |
Merit Scholarship - Subsequent Semesters | Top 5% of class (previous semester GPA); Next 5% | Top 5%: 50% fee waiver; Next 5%: 30% waiver | Applicable from Semester II onward; min. class size 20[2][5] |
Jharkhand E-Kalyan Scholarship | Domicile of Jharkhand; family income below govt. cutoff (as notified); eligible category | Government-funded tuition waivers and stipend (varies annually) | Disbursed via state portal; university provides facilitation[5] |
ICFAI University - [IUJ] Additional Notes
Scholarship renewals at IUJ typically require the maintenance of a minimum CGPA (often 6.5 or above) and satisfactory disciplinary record. For merit-based semester waivers, only designated top-performers are eligible, with clear yearly class rank caps. Government and institutional awards cannot always be combined; students should confirm individual scheme rules before relying on multiple sources. All awards are subject to official verification and may be forfeited for unsatisfactory attendance or conduct.