The Indian Institute of Management (IIM) Raipur offers a range of financial aid programs to aid both academically meritorious and economically disadvantaged students. These scholarship schemes include both need-based and merit-based financial support, tailored to ensure that all students, regardless of their background, can access a quality education at the institution. This article offers a detailed overview of the various financial aid programs available at IIM Raipur.
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IRIIM – IIM Raipur SC/ST Need-based Scholarships
The SC/ST Need-based scholarship is a financial aid initiative sponsored by the Ministry of Human Resource Development (MHRD) of the Government of India. This scholarship is specifically designed for Scheduled Caste or Scheduled Tribe students with a particular focus on those who belong to economically weaker sections of the society. The scholarship can cover complete tuition fees for the selected candidates.
Scholarship | Eligibility | Amount |
IIM Raipur SC/ST Need-Based Scholarships | SC/ST students based on family income | Full tuition fee waiver |
IRIIM – IIM Raipur Merit-Based Scholarships
IIM Raipur offers merit-based scholarships to students who demonstrate an exceptional academic record. The scholarship is generally awarded based on the student's CGPA scores from the previous academic year, and the family income threshold set by the institute. To be eligible, students must maintain a minimum CGPA of 6.5 and a grade of no less than C+. Additionally, the family income should fall within INR 2,00,000 per annum.
Scholarship | Eligibility | Amount |
IIM Raipur Merit-Based Scholarships | Minimum CGPA of 6.5, Grade not less than C+, Family income within INR 2,00,000 per annum | Variable |
IRIIM – Fellowships for Doctor of Philosophy Management
IIM Raipur offers financial support to its full-time research scholars through fellowships. The fellowship covers various academic expenses such as tuition fee, library fee, computer fee, and hostel fee. The amount for the fellowship varies based on the year of study.
Scholarship | Description | Amount |
Fellowships for Doctor of Philosophy Management | 1st year and 2nd year | INR 35,000 per month |
3rd year and 4th year | INR 40,000 per month | |
Contingency Grant | INR 40,000 per year | |
Purchase of PC/Laptop | INR 50,000 (one-time grant) | |
International and National Conferences | Up to INR 1,50,000 |
In addition to the above scholarships, IIM Raipur also provides other financial aids like waivers for library fees, computer fees, and hostel fees. Furthermore, students also have the option to avail of various educational loans to support their higher degree courses at IIM Raipur. The institute provides equal opportunities for learning to all students, regardless of their economic background, caste, or gender, ensuring that every student can aspire to succeed in higher education.