The first-year fee for the PGPSM program at IIM Lucknow Noida Campus is INR 10,05,000. This cost includes the admission fee of INR 70,000, Tuition fee of INR 5,70,000, Infrastructure fee of INR 3,45,000, and a refundable deposit of INR 20,000 for all three terms. Infrastructure fee includes the computer fee, library fee, books, and instructional material, hostel fee, student welfare activity, and convocation fee.
There is no fee hike and the course fee is extremely expensive, but there are various scholarships and financial assistance offered by the IIML Noida campus to the students. IIM Lucknow Noida campus offers scholarships so that the students are not prevented from pursuing the PGP. Some of the Scholarships offered are Need-Based IIML Scholarships, Merit-cum-Means Scholarships, Industry Based Scholarships, and SC/ST scholarships. The Institute has also made some arrangements with the banks, charitable and financial organizations to provide loan schemes for all the needy students to pursue their courses successfully.
IIML always aims to provide education to every student who deserves and doesn't let financial inability come in its way so it provides loan facilities to students so that they can fund their fees thorough it. It also provides students with scholarships if they meet the required criteria.
I've a good knowledge about the scholarship and the loan facilities. IIM Lucknow has given scholarships for up to 15% of the student based on merit and family income. Any student, who belong to the reserved category, whose total annual family income does not exceed Rs.1,50,000/- is eligible for consideration of these scholarships. Students are chosen from the eligible candidates in order of merit, for a period of one academic year at a time. The scholarship includes the Tuition fee component of the total fees charged by the Institute in the year awarded, and is subject to maintaining the stipulated standards of academic performance. The Government of India SC/ST Scholarships of Rs. 1500/- per annum are available to all SC/ST students admitted to the programme.
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