Established under the aegis of MHRD and the Government of Punjab in 2015, the Indian Institute of Management Amritsar (IA-IIM) is reputed for its superior management courses. The institute presents a range of financial assistance schemes, including merit-cum-need-based scholarships and educational loan support for students. The scholarships, although limited, can significantly mitigate financial constraints for students with good academic standing and minimal resources. The article outlines the various scholarships, eligibility criteria, and the application process for these financial aids at IA-IIM.
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.
