IIM Sambalpur, Sambalpur - Scholarship Details
IIM Sambalpur offers various scholarship schemes for the meritorious and the needy students. One such scheme being Need-Based Financial Assistance (NBFA). Candidates eligible for NBFA programmes are offered a scholarship amount based on their academic performance, family income and other relevant factors.
There are various other forms of financial aid under IIM Sambalpur scholarships provided by the Government of India and private organizations.
Table of Content
2.1 Need-Based Financial Assistance (NBFA)
3.1 Scholarships for Top Class Education of Students with Disabilities (SwDs)
3.2 Top Class Education Scheme for SC Students
3.3 National Fellowship and Scholarship for Higher Education of ST Students
IIM Sambalpur Scholarships Details
The below table gives details of the scholarships available at IIM Sambalpur:-
| Scholarship Name | Amount |
|---|---|
| Need-Based Financial Assistance (NBFA) | Family income range i) up to Rs.1.50 Lakh:- 100% of tuition fee waived; ii) 1.50 Lakh - 3 Lakh :- 75% of tuition fee waived; iii)3 Lakh to 4.5 Lakh:- 50% of tuition fee waived |
| Top Class Education Scheme for Students with Disabilities (SwDs) | Tuition Fee and Non-Refundable Charges- Up to INR 2 lakhs p.a. + Purchase of Computer with Accessories- INR 30,000 + Purchase of Aids and Assistive Devices- INR 30,000 + Maintenance Allowance for Hostellers- INR 3,000 & Day Scholars- INR 1,500 + Books & Stationery- INR 5,000 p.a. |
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IIM Sambalpur Scholarships offered
Need-Based Financial Assistance (NBFA)
The NBFA schemes are provided by the institute itself, i.e. IIM Sambalpur. The scholarships tend to provide financial support to meritorious students based on their academic performance and family income range. The amount of need based scholarships is provided in the form of tuition fee waiver. The details are as mentioned below:-
| Family Income range | Amount of scholarship |
|---|---|
| Up to 1.50 lakhs | 100% tuition fee waiver |
| 1.50 lakhs - 3 lakhs | 75% tuition fee waiver |
| 3 lakhs - 4.5 lakhs | 50% tuition fee waiver |
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IIM Sambalpur Scholarships offered by Central Government
-
Scholarships for Top Class Education of Students with Disabilities (SwDs)
Scholarships for Top Class Education for Students with Disabilities is initiated by the Department of Empowerment of Persons with Disabilities, Government of India. This scholarship provides financial support to students pursuing studies at UG / PG / Diploma level.
Eligibility
Students must be pursuing studies at UG / PG / Diploma level in notified institutions of excellence in education and having more than 40% disability + a valid certificate for the same. Students should have an annual family income of less than INR 6 lakh from all sources.
Scholarship Amount
| Particulars | Scholarship Amount |
|---|---|
| Tuition Fee and Non-refundable Charges Payable to the Institute | Up to INR 2 lakh per annum (subject to actual amount) |
| Purchase of a Computer with Accessories | INR 30,000 (one-time grant) |
| Purchase of Aids and Assistive Devices | INR 30,000 (one-time grant) |
| Maintenance Allowance | INR 3,000 per month (Hostellers) INR 1,500 per month (Day-Scholar) |
| Books and Stationery | INR 5,000 per annum |
| Special Allowances (related to types of disabilities like reader allowance, helper allowance etc.) | INR 2,000 per month |
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-
Top Class Education Scheme for SC Students
Scholarships are offered by the Ministry of Social Justice & Empowerment, Government of India, to SC students. It is provided based on their annual parental income for the previous financial year. The maximum income limit is INR 8,00,000/-.
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-
National Fellowship and Scholarship for Higher Education of ST Students
Scholarships are offered by the Ministry of Tribal Affairs, Government of India to ST students. It is provided based on annual parental income from all sources for the previous financial year.
The maximum income limit is INR 6,00,000/-. There is no institute wise/state wise/stream wise ceiling of number of slots.
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How to Apply for IIM Sambalpur Scholarships?
- In order to apply for IIM Sambalpur Scholarships, first need to check the eligibility criteria related to academic performance, family income, students’ previous earnings (if any) etc. These criteria may vary from scholarship to scholarship and time to time.
Step 1:- Visit the official website for IIM Sambalpur or NSP portal for Government scholarships and look for the availability of scholarships.
Step 2:- Then apply for the suitable financial support with proper documentation and personal details.
Documents required:-
- Scanned copies of passport size photograph
- Scanned copies of 10th, 12th and UG / PG marksheets (whichever is applied for)
- Identity proof like Aadhar card
- Family income proof and more as mentioned by the scholarship giver.
Step 3:- Apply for financial support and submit the request form as on the website.
Step 4:- Wait for the approval of your scholarship request and keep
handy the reference id which is generated during the application submission.
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IIM Sambalpur Scholarships FAQs
Ques. Does IIM Sambalpur offer scholarships to its students?
Ans. Yes, IIM Sambalpur offers many scholarships schemes to its students under the institutes, by Government of India, and educational loans from banks etc.
Ques. What are the scholarships offered by the Government of India?
Ans. Top Class Education of Students with Disabilities (SwDs), National Fellowship for education of ST students, Top Class education of SC students etc. are some of the known scholarship programmes.
Ques. Are there scholarships for deserving students at IIM Sambalpur?
Ans. Yes, there are need cum merit based scholarships for deserving students based on their academic performance, family income and needs.
Ques. Where can we apply for government scholarships in IIM Sambalpur?
Ans. Students can apply for Government of India scholarships at the official scholarship portal i.e. National Scholarship Portal (NSP).
Ques. Is it necessary to avail scholarships at IIM Sambalpur?
Ans. No, it is not necessary to avail scholarships. The scholarship schemes are meant for students with low family income and yet having a good academic record to pursue degree programs.
Ques. What other forms of financial assistance can students avail apart from scholarships at IIM Sambalpur?
Ans. IIM Sambalpur also permits students to avail educational loans from their respective banks to continue studying in advanced degree programs. Students must check interest rates, asset value, etc. from their respective banks before availing any student loan.
Why To Join IIM Sambalpur - Reviews & Rating
Most Popular Tags
Likes
- My life with my boys in hostel whole day
- Library and books available there are very helpful
Dislikes
- Food quality is not good as the location is in odisha
- There is always network issue in the campus
Loan/ Scholarship Provisions:
There was hike 4 lacs in the feees this year because of permanent campus , cost of study is high there are many scholarship and financial assistance based on caste , need and government policies . We get internship and final placement
Loan/ Scholarship Provisions:
The cost of the postgraduate management program at IIM Sambalpur is relatively affordable compared to other business schools. The total cost for the two-year program is approximately 13 lakhs, which includes fees for tuition, accommodation, and other expenses such as mess fees and a refundable deposit. Some students may also incur additional costs if they choose to participate in off-campus programs or internships, which could be an additional 1-2 lakhs. The fee structure is well-organized and transparent, and there are multiple scholarship programs available to help students offset some of the costs.
Loan/ Scholarship Provisions:
The fee structure is nominal as compared to other B-schools prevalent in the market. The total cost one incurred in tenure of 2 years is 13 lakhs in terms of fees and if one plans to go offshore for exposure additional 1-2 lakh was the sum amount. The cost was equated and structured well in terms of the hostel, mess, Tuition fees and refundable fees(15000). There were multiple scholarship programs running on campus.
Loan/ Scholarship Provisions:
The fee was 133000 for 2 years Throughout these 2 years, there was no fee hike I did not receive any scholarships but the college had scholarships in the first year for top 10 students and after completion of the MBA we had 3-4 scholarships
Loan/ Scholarship Provisions:
13,03,000 is our fees including tuition, hostel, mess, etc. The cost to study is a little high here. The scholarship is related to caste category and merit basis. The bank is the best option for financial assistance.
Loan/ Scholarship Provisions:
Op Jindal scholarship for top students, for 1st years selection, is based on overall grades of admission and for 2nd year it's on their academics. Also, the college provides some amount to the college toppers up to 7 students.
Loan/ Scholarship Provisions:
As the average package is around 8LPA and the college fee is 13LPA so the cost of the study is high. Even though everything is online still there won't be any refund related to Hostel or the internet. We are yet to get placed.
Loan/ Scholarship Provisions:
You can have Op jindal scholarship for the toppers of the college and also college provides 100000 to the top 7 meritorious students. You can always avail loan from the bank anytime whichever interest you find reasonable
Loan/ Scholarship Provisions:
The scholarship is always there for you on a merit basis and also on the category. The cost to study is high is what I feel. I have taken a loan from Bank. Interest was on floating rate. The nearby bank provides a higher interest rate.
Loan/ Scholarship Provisions:
The fee structure is 13.02 lakhs p.a for Regular MBA for two years which will be require to pay with some installments on every trimester. Scholarships provides to students from SC, ST and OBC categories. The job schenario is good so far as the institute able to cater good amount of recruiters to the campus so far. Institute has 100% placement record so far and kind of aptitude and skills student posses college able to bring big names in the drive.
IIM Sambalpur Latest News
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