VIT Business School Chennai, located in Chennai, Tamil Nadu, India, provides a robust array of scholarships aimed at supporting students through merit, need, and category-specific criteria such as sports or alumni. These scholarships include partial and full fee waivers, incentives for performance in entrance tests, and awards to recognize achievement, helping to make high-quality business education more accessible and rewarding outstanding abilities and circumstances.
VIT Business School Chennai Scholarships Overview
The scholarships at VIT Business School Chennai are designed to reward academic excellence, address financial need, and acknowledge special categories. Common benefits include notable waivers on tuition fees and cash awards for high performers in various entrance exams and categories.
Merit-based waivers (VIT-MAT/CAT/XAT/GMAT/MAT/NMAT rankings and scores)
Need/EWS-based support (income and background-based awards)
Category-based (sports, single girl child, alumni, defense, and more, where specified for the Chennai campus)
VIT Business School Chennai Eligibility
Eligibility for scholarships at VIT Business School Chennai is largely determined by entrance exam scores, rankings, and academic performance. For example, those achieving top percentiles in CAT, XAT, GMAT, and MAT, or securing specific VIT-MAT ranks, are eligible for merit-based waivers. Some awards are reserved for economically weaker sections (EWS) or those with exceptional records in sports, often requiring a minimum percentage (such as 60% or above) in qualifying exams or demonstrable financial need meeting institute thresholds.
VIT Business School Chennai Required Documents
To apply for scholarships, students typically need to provide authenticated documents that verify their eligibility.
Entrance exam scorecards (CAT/XAT/GMAT/MAT/NMAT/VIT-MAT)
Academic transcripts and mark sheets
Proof of income or EWS certificate (if applicable)
Sports or extracurricular achievement certificates (where relevant)
Government-issued identity and category certificates (if required)
VIT Business School Chennai Application Process
Applications for scholarships are usually submitted during the admission cycle through the institute’s official portal or directly at the admissions office. Students should ensure all documents are complete and authentic, and be mindful of application deadlines that typically align with or shortly follow the admission offer. Incorrect or late submissions may result in disqualification from scholarship consideration.
VIT Business School Chennai Scholarship Details
The table below summarizes the main scholarships and awards available at VIT Business School Chennai. All scholarship amounts and eligibility are subject to verification and the availability of seats under the respective categories.
Scholarship Name | Eligibility Criteria | Benefit | Notes (if any) |
VIT-MAT Rank Scholarship | VIT-MAT Exam Rank
Ranks 1–5, 6–10, 11–15, 16–25, 26 and above | INR 2,20,000 (Ranks 1–5)
INR 2,06,250 (6–10)
INR 1,92,500 (11–15)
INR 1,65,000 (16–25)
INR 1,37,500 (26+) | Awarded based on rank in VIT-MAT selection process |
MBA Entrances Merit Scholarship | CAT/XAT/GMAT ≥ 95 percentile or MAT 791–800 or NMAT 346–360 | 100% tuition fee waiver | For all 2 years of MBA; subject to annual renewal conditions |
MBA Entrances Merit Scholarship (Tier II) | CAT/XAT/GMAT ≥ 90 percentile or MAT 760–790 or NMAT 325–345 | 50% tuition fee waiver | For all 2 years of MBA; subject to renewal |
Merit Awards | Top 10 students per branch (per year), ≥75% attendance, no arrears, good conduct | Cash award (INR value NA) | Awarded annually |
Cent Percent Attendance Award | 100% attendance in semester | Cash award (INR value NA) | Encourages regularity |
Sports Scholarship | Outstanding sports achievement at national/state level | NA | Limited awards each year |
Merit cum Means Support | Academic excellence and documented financial need | NA | Income proof mandatory; availability subject to funding |
VIT Business School Chennai Additional Notes
Many scholarships must be renewed annually and require maintaining a specified CGPA (typically around 7.5 or higher), minimum attendance (usually 75% or above), and good conduct without disciplinary actions. Some awards such as fee waivers and cash prizes cannot be combined; students generally can hold only one major tuition scholarship at a time. The number of scholarships each year is capped by the institute’s budget and policies, and all benefits are subject to successful document verification and continued eligibility.