Indian Institute of Management Shillong (IISIM) is committed to supporting students in achieving their education goals by offering scholarships and financial assistance. These programs are designed to cater to students exhibiting exceptional academic achievement and those lacking the necessary financial resources. Let's delve into the different types of scholarships and financial assistance schemes available at IISIM and how they can help make your academic journey smoother.
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ISIIM – Need-Based Financial Assistance Scheme
At IIM Shillong, there is a Need-Based Financial Assistance Scheme in place to aid students in financial distress. This aid is designed for students who have demonstrated a high academic standing, but are unable to fund their studies due to financial constraints. The amount and availability of this assistance vary, depending on the number of students with low family income each year, and also factoring in numerous variables, like the student's family income, credit worthiness, and assets.
ISIIM – Government of India Scholarships
Alongside IIM Shillong's need-based financial assistance, students can also apply for scholarships offered by the Government of India. These schemes are designed to further support students from Scheduled Caste (SC) / Scheduled Tribe (ST) / People with Disabilities (PWD) categories. Scholarships under this scheme include the National Fellowship & Scholarship for Higher Education of Scheduled Tribe Students (Central Sector Scheme), Merit Cum Means Scholarship For Professional and Technical Courses CS, and Central Sector Scheme for Scholarships for College and University Students.
ISIIM – Details of Government Scholarships
Each of the scholarships offered by the Government of India has its own set of eligibility criteria, application process, and benefits. Detailed information about these scholarships is provided in the tables below:
| Scholarship | Eligibility | Available Seats | Financial Aid |
| National Fellowship & Scholarship for Higher Education of Scheduled Tribe Students (Central Sector Scheme) | Students pursuing MPhil, PhD from the ST category. Must have passed the Post-graduation/Master Degree examination. No income criteria. | 750 | Up to INR 31,000 |
| Merit Cum Means Scholarship For Professional and Technical Courses CS | Students from minority communities with more than 50% marks or equivalent grade in the previous final examination. Annual income of parents/guardians does not exceed INR 2.50 lakhs. | 60,000 | Maximum INR 20,000 |
| Central Sector Scheme for Scholarships for College and University Students | Students with gross parental / family income up to INR 4.5 lakh per annum. | 82,000 | Up to INR 20,000 |
ISIIM – Application Process and Required Documents
Applying for these scholarships requires students to follow specific procedures and submit necessary documents. Below is a table outlining the application process and required documents for each of the scholarships:
| Scholarship | Application Process | Required Documents |
| National Fellowship & Scholarship for Higher Education of Scheduled Tribe Students (Central Sector Scheme) | Apply through https://fellowship.tribal.gov.in at the notified time. | Latest coloured passport size photograph, ST/PVTG certificate, 10th /Matriculation/equivalent certificate (for DoB), Divyangjan certificate, Post-Graduation mark sheet, Admission/Joining certificate of M.Phil/Ph.D, Offer of admission in respect of students admitted to IITs/AIIMS/IIMs/IISERs. |
| Merit Cum Means Scholarship For Professional and Technical Courses CS | To be announced. | To be announced. |
| Central Sector Scheme for Scholarships for College and University Students | Apply through NSP Portal i.e. https://scholarships.gov.in when the scholarships are activated. | To be announced. |
In conclusion, IIM Shillong, in collaboration with the Government of India, offers a range of scholarships and financial aid programs to ensure all deserving students can pursue their educational aspirations without financial constraints. Students are encouraged to explore these options, identify eligibility, and apply accordingly.
