Delve into the comprehensive guide for the scholarship programs provided by the Indian Institute of Management, Lucknow (I-IIM). This detailed overview will help you understand the range of scholarships, eligibility criteria, and the application process in an easily digestible format. I-IIM aims to assist every student, irrespective of their financial background, by offering a variety of scholarships. These scholarships serve as a significant financial aid for students who have an impressive academic record but face financial constraints.
I-IIM - Overview of Scholarships
Let's take a closer look at the scholarships provided by I-IIM. They can be broadly categorized into three - Need-based scholarships, Complimentary scholarships, and Fellowship programs. Each of these scholarships is designed to cater to the diverse needs of the students.
Types of Scholarships | Description |
Need-based Scholarships | These scholarships are granted to students who demonstrate an outstanding academic record and whose total family income is less than INR 4 LPA. This scholarship is granted as a fee waiver, after verifying the family's income and the student's past earnings and loan size. |
Complimentary Scholarships | In addition to the need-based scholarships, I-IIM acknowledges other sources of financial aid like those provided by the Government of India, corporations, industries, and alumni. These scholarships are extended to financially constrained students with good academic records. |
Fellowship Programmes | These programs offer a variety of grants, including Fellowship Grants, Contingency Grants, Conference Support, and Miscellaneous Financial Support. These grants are available to all resident Indian scholars enrolled in the program. |
I-IIM – Fellowship Programmes Breakdown
The Fellowship Programmes offered by I-IIM are categorized into four grants. Below is a detailed breakdown of each:
Types of Grants | Description |
Fellowship Grant | Resident Indian scholars admitted to the program receive a fellowship allowance for up to four and a half years. The stipend varies from INR 35,000 per month in the first two years to INR 40,000 per month from the third year onwards. |
Contingency Grant | Resident Indian scholars admitted to the program receive a contingency allowance for up to four and a half years. The grant is used for purchasing books, stationery, and computer hardware/software, etc. |
Conference Support | This grant is given to attend one international conference after submitting the thesis proposal and to attend a maximum of one domestic conference each in the third and fourth year. |
Miscellaneous Financial Support | This includes reimbursement of annual membership fee of one national and one international professional society, reimbursement of expenses for case-writing and field-based research, and additional facilities for married FPM scholars with families on campus. |
I-IIM – Application Process for Scholarships
Applying for scholarships at I-IIM is a straightforward process. Here's a step-by-step guide on how to apply:
Steps | Description |
Step 1 | Visit the official website iiml.ac.in and search for the scholarship/financial assistance you wish to apply for. |
Step 2 | Ensure you have the necessary documents scanned for verification, such as a photograph, 10th and 12th mark sheets, proof of family's income, and identity proof. |
Step 3 | Submit your scholarship request and note the temporary/permanent ID provided for future reference. |
I-IIM - Frequently Asked Questions
Here are some common queries related to scholarships at I-IIM:
Question | Answer |
What are special need-based scholarships? | Special Need-based Scholarships are granted to students with excellent academic records but who face financial constraints, to help them be a part of I-IIM's intensive learning programs. |
What other forms of financial support does I-IIM offer? | I-IIM provides financial aid from Need-based scholarships, Government of India, corporations, industries, and alumni, to help students achieve their dream careers. |
What is the validity period of the Contingency Grant at I-IIM? | The Contingency Grants Policy offers an allowance for up to four and a half years to all resident Indian scholars admitted to the program. |
What documents are required when applying for scholarships at I-IIM? | Required documents include a scanned passport size photograph, scanned copies of 10th and 12th mark sheets, proof of family's income, and other documents as specified by the institute in the scholarship notice. |
How is the scholarship amount granted to students? | The scholarships are provided as a fee-waiver, aiding students in smoothly pursuing their courses. |
What are the Fellowship Programmes at I-IIM? | I-IIM provides Fellowship Programmes to students seeking financial aid through Fellowship Grants, Contingency Grant, Conference Support, and Miscellaneous Financial Support. |