IIM Shillong Indian Institute of Management, Shillong - Scholarship Details
IIM Shillong Scholarships are a source of constant support to students with an excellent academic approach and limited finance. The institute offers Need Based Financial Assistance to the deserving students.
Have a look at the financial aid programmes available at IIM Shillong:-
Table of Content
2.2 Merit Cum Means Scholarship For Professional and Technical Courses CS
2.3 Central Sector Scheme for Scholarships for College and Universities Students
IIM Shillong Scholarships
Need Based Financial Assistance Scheme
- IIM Shillong provides a Need Based Financial Assistance Scheme to help economically weak students.
- Such scholarships are introduced for students with an excellent academic record but with limited or zero finance.
- The scholarships are limited in number and dynamic depending upon the number of students with low family income.
- The quantum of assistance offered to students is decided on the basis of annual gross family income, credit worthiness, student’s assets, and so on.
Scholarships offered by the Government of India
In addition to the Need Based financial aid, there are scholarships for Scheduled Caste (SC) / Scheduled Tribe (ST) / People with Disabilities (PWD) participants by the Government of India.
- National Fellowship & Scholarship for Higher Education of Scheduled Tribe Students (Central Sector Scheme)
- Merit Cum Means Scholarship For Professional and Technical Courses CS
- Central Sector Scheme for Scholarships for College and Universities Students
Have a detailed look at each of the above under IIM Shillong Scholarships offered by the Government of India.
To know more click here IIM Shillong Ranking
National Fellowship & Scholarship for Higher Education of Scheduled Tribe Students (Central Sector Scheme)
- These scholarships are for those who are willing to pursue higher degree courses like MPhil, Ph.D and belong to ST category. Students must have passed the Post-graduation/Master Degree examination in order to be eligible for National Fellowship Programmes.
- Students eligible for availing such scholarships shall be selected on a merit-basis. Students can apply for the scholarships at the notified time, through https://fellowship.tribal.gov.in
- Seats Availability:- There are a total of 750 seats for intake of students into National Fellowship Programmes. However, in contrast cases the following is to be done:-
i) In case the number of applicants exceeds the number of available slots for awards, selection will be made on the basis of marks obtained in post-graduation exam.
ii) In cases when enough students from ST Category are not available, the no. of fellowships not availed by students during that year will be carried forward to the next academic year.
- National Fellowship & Scholarship- Eligibility and Course Duration
| Course | Duration | Eligibility |
|---|---|---|
| M.Phil | 2 years or date of submission of dissertation, whichever is earlier | Minimum 55% marks at the final examination/grading at PG level from a recognised university. |
| M.Phil + Ph. D | 2+3 =5 years or date of submission of dissertation, whichever is earlier | |
| Ph. D | 5 years or date of submission of dissertation, whichever is earlier |
- Income Criteria
There is no income criteria for students eligible under the National Fellowship Programmes.
- Age Limit
Maximum 36 years, as on the first day of July of the relevant year of the award of scholarship.
- National Fellowship & Scholarship- Reimbursement Amount
| Course | Stream | Scholarship (in INR) | Contingency Annually (in INR) |
|---|---|---|---|
| M.Phil |
Humanities and Social Sciences | 31,000 /- | 10,000 /- |
| Science / Engineering Technology | 12,000 /- | ||
| Ph. D | Humanities and Social Sciences | Rs.31000/- for first two years and Rs.35000/- for remaining 3 years | 20,500 /- |
| Science / Engineering Technology | 25,000 /- | ||
| HRA for all the courses (monthly): Equal to UGC rates [8% or 16% or 24% based on city* | |||
| Escort Allowance for Divyanjan (monthly): Rs.2000/- (at par with UGC rates)* | |||
*The above rates are equal to UGC rates, which may be revised as and when revised by UGC.
- Documents required for National Fellowship Scholarship programmes
- Latest coloured passport size photograph
- ST/PVTG certificate
- 10th /Matriculation/equivalent certificate (in support of date of birth)
- Divyangjan certificate
- Post-Graduation mark sheet
- Admission/Joining certificate of M.Phil/Ph.D / Integrated M.Phil+Ph.D from the University
- Offer of admission in respect of students admitted to IITs/AIIMS/IIMs/IISERs.
To know more click here IIM Shillong Courses and Fees
Merit Cum Means Scholarship For Professional and Technical Courses CS
- The scholarships are solely kept for providing financial assistance to the poor and meritorious students belonging to minority communities. This is to enable them to pursue professional and technical courses.
Eligibility
- Students with more than 50% marks or equivalent grade in the previous final examination and the annual income of their parents/guardians from all sources does not exceed INR 2.50 lakhs.
- Minorities section include Muslims, Sikhs, Christians, Buddhists, Jain and Zoroastrians (Parsis) under Section 2 (c) of the National Commission for Minorities Act, 1992.
- Seats Availability:- A total of 60,000 scholarships are targeted to be distributed as “Fresh” Scholarships, besides, Renewal scholarships.
- Merit Cum Means Scholarship- Quantum of Financial Aid
| Item | Existing Amount (2012-17) |
|---|---|
| Course Fee | INR 20,000/- per annum subject to actuals whichever is less (for both Hosteller & Day-Scholar) |
| Maintenance Allowance | INR 1,000/- * per month for Hosteller INR 500/- * per month for Day Scholar |
* For 10 months in a year.
For more details click here IIM Shillong Cutoff
Central Sector Scheme for Scholarships for College and Universities Students
- The aim is to provide financial assistance to meritorious students from poor families to meet a part of their day-to-day expenses while pursuing degree programs.
Eligibility
- Students with gross parental / family income up to INR 4.5 lakh per annum are eligible for scholarship under the scheme.
- Seats Availability:- A total of 82,000 seats are available as fresh scholarships every year for pursuing graduate / postgraduate degree in colleges and universities and for professional courses.
- Eligible students can apply through NSP Portal i.e. https://scholarships.gov.in when the scholarships are being activated.
- Central Sector Scheme Scholarship- Amount of Scholarship Aid
| Qualification level | Amount granted (in INR) |
|---|---|
| Graduation level- for first 3 years | 12,000/- p.a. |
| Post Graduation level | 20,000/- p.a. |
| Integrated courses (in 4th and 5th years) | 20,000/- |
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IIM Shillong Scholarships FAQs
Ques. Are there need based scholarships at IIM Shillong?
Ans. Yes, IIM Shillong offers need based financial assistance schemes for students with good academic records and limited finance.
Ques. What are the scholarship programmes available for ST students?
Ans. Programmes like National Fellowship & Scholarship for Higher Education of Scheduled Tribe Students (Central Sector Scheme) are available for ST students with a limited family income.
Ques. How many seats are available in National Fellowship Programmes?
Ans. 750 seats are available for students availing National Fellowship Programmes.
Ques. Are the Government of India Scholarships accepted at IIM Shillong?
Ans. Yes, there are many financial assistance programs that are accepted by the institute IIM Shillong offered by the Government of India. To mention a few, Merit Cum Means Scholarship For Professional and Technical Courses CS, Central Sector Scheme for Scholarships for College and Universities Students and National Fellowship Scholarship.
Ques. How many seats are available in the Central Sector Scheme Scholarships?
Ans. Around 82,000 seats are reserved for the students eligible to avail Central Sector Scheme Scholarships.
Ques. How much reimbursement if offered in the scholarships offered by the Government of India?
Ans. A good amount of reimbursement is aided to students availing Scholarships by the Government of India ranging from INR 12,000 to as high as INR 31,000 depending upon the scholarship programmes.
Why To Join IIM Shillong - Reviews & Rating
Most Popular Tags
Likes
- First thing is students are provided with single room accomodation which is better for effective learning.
- All the 22 club and committess are run by students.
Dislikes
- College Gym is still in making and will take more 2 to 3 months to complete
Loan/ Scholarship Provisions:
Currently , for the Batch of 2023-25 , total fees is Rs. 2500000, including tution fees , hostel fees ,Mess fees etc. Term wise breakup is Rs. 572800, Rs. 355000, Rs. 345000, Rs. 539000, Rs. 3400000, Rs. 330000 for Term I ,TermII ,Term III ,Term IV ,Term V and Term VI respectively. This is stagnant from past few years and no recent hike is expected. IIM shillong provide "Need Based FInancial Assistance " to few economically challenged participants. After you join the program and apply for the scholarship , a seperate committee will look after this and the interested participants will be required to present their case . Governement of India scholarships are also available to those who fulfill the necessary criteria.
Likes
- Campus is at extremely good state and city
- many opportunities for students to learn and apply the same knowledge
Dislikes
- There is nothing to dislike about IIM Shillong
Loan/ Scholarship Provisions:
The fees are around 23 lakhs and there are some opportunities for scholarships. Some scholarships offered by is Aditya Birla Scholarship and some are offered by different companies and colleges themselves. Last year college had an extremely good placement record.
Loan/ Scholarship Provisions:
The fee structure is at par with other tier-1 MBA colleges. But this fee does justice to the opportunities provided on campus where we see large MNCs like Tata, Reliance as well as the tech giants such as Google, Microsoft, and so on. Students can apply for scholarships and financial aid. To apply for financial aid, go to any bank and ask for an education loan with the lowest possible interest rate. Scholarships are listed on the government's website, and you can apply there as well.
Loan/ Scholarship Provisions:
The fees for the program is around Rs.16.5 lakhs and the placement record at IIMs is very good. For the year of 2020, IIM Shillong managed to get the Highest CTC at Rs. 48 lakhs. Big companies like Godrej, ITC, Pidilite, etc participated in the process. The hired professionals were mostly freshers from the college.
Loan/ Scholarship Provisions:
Fee hikes vary from batch to batch but remain relatively gradual based on terms. We make the payment before the commencement of each term on the institute portal. While I haven't availed scholarship and financial assistance, I secured a job via campus placements in Collegedunia itself, under the Business Development vertical.
Loan/ Scholarship Provisions:
The fees hike is quite significant as the fees keep on increasing every year and at a rate of around 2 lakhs per year and the study abroad program which is one of the reasons for the massive fees is not that good. Usually, all the students take a student loan with a fairly good interest rate of around 8.5% or 9%.
Loan/ Scholarship Provisions:
The fee structure was 22 Lakh which covered 2Lakhs Study abroad program which was refundable depending on not opting for SAP. Participants can avail a lot of scholarships that are offered by private companies. The college itself offers Need-based financial assistance for students who are from a humble background.
Loan/ Scholarship Provisions:
The cost to study MBA from a top college in the country is surely going to be a bit on the higher side. With the total cost coming to be in the range of 10LPA.The fee structure is term-wise payment and all the leading banks are willing to provide education loans with a simplified rate and special rates of interest. The value derived from the fee paid will be way more than the fee. The Institute also provides need-based financial assistance to the students so that money is not a hurdle on the path towards your dreams.
Loan/ Scholarship Provisions:
The fees of IIM Shillong is quite competitive with the other established IIMs. The average fee is around 20 lakhs rupees for the two years. As for the scholarships, there are a few scholarships provided to the students.
Loan/ Scholarship Provisions:
The approximate cost of the course is 20L. The highest package of the batch 2020 was 48.5 LPA with an average of approx. 18.76LPA. 100% of students have placed in finals as well as the internships. The highest stipend for summer internships was 3L for 2 months.
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Comments
2 Comments
Yes, In addition to the Need Based financial aid, there are scholarships for Scheduled Caste (SC) / Scheduled Tribe (ST) / People with Disabilities (PWD) participants by the Government of India: National Fellowship & Scholarship for Higher Education of Scheduled Tribe Students (Central Sector Scheme), Merit Cum Means Scholarship For Professional and Technical Courses CS, Central Sector Scheme for Scholarships for College and Universities Students
The Institute assists the participants in availing of educational loans from banks during the admission process. The details regarding the process are made available to the participants after they are offered admission to the Institute. The Institute endeavors that no candidate be denied the opportunity to pursue the Post Graduate Programme for want of adequate financial resources. Keeping this in mind, IIM Shillong has provision for a Need-Based Financial Assistance Scheme to help economically weak MBA participants. The number of scholarship awardees and quantum of assistance is decided on the basis of annual gross family income, participants' liquidity, credit worthiness, and her/his overall suitability for the same.