What type of scholarship is available at IIM if any middle class student wants to get in to IIM Ahmedabad?

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Tezal Dahiya Posted On - Dec 5, 2023

IIM Ahmedabad students can avail several scholarships and financial aids for their two year PGP/PGP-FABM.

Here is a list of some of these scholarships/financial aids-

IIMA Special Need Based Scholarship- This scholarship is open to students with an annual family income below 15,00,000. To avail this scholarship, one has to submit proofs of- one’s family income, amount of educational loan taken, one’s past earnings, etc.

Class of PGP 2001, Peri Viswanath Scholarship- This scholarships offers financial support to one student from PGP/PGP-FABM. The amount is 2 lakh per year, which totals to 4 lakhs over 2 years. It is a merit cum means scholarship, which is awarded to students with a good performance in 1st year (and a good past academic record), and a family income below 15,00,000. But this scholarship requires the beneficiary to contribute an equal (or more) amount for another PGP/PGP-FABM student in future.

Aditya Birla Group Scholarships- The group awards three meritorious PGP 1 and PGP 2 students with 1,75,000 per year (for each student).

Dunia Scholarships for scholastic excellence- Dunia Finance LLC, Dubai, UAE offers this merit scholarship to two students from PGP-1 and PGP-2 each. The scholarship amount is 1,00,000.

These are just few of these scholarships. To get more details on the financial assistance provided to IIM Ahmedabad students, you can visit the IIMA official website.

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Manav Jain Posted On - Dec 13, 2022

MBA from Indian Institute of Management Kozhikode (Graduated 2018)

Rather than talking about scholarships particularly, I have stated some means offered by IIM Ahmedabad to finance the education of any middle-class student.

Education Loans: These loans are offered with very low rates of interest, a decent moratorium period, a long payback time, and insurance coverage. These loans can be easily availed from the campus itself where many banks have set stalls. Moreover, they also provide you with expenses for frills and, foreign exchange programs.
Merit cum means scholarship: These scholarships specially target financially weak students so they have a fixed upper-income limit for applying.
Merit scholarships: These scholarships are given based on merit only. The financial background of the candidate does not matter. The ABG or Aditya Birla Group Scholarship falls under this category and is the most desired scholarship in the whole country. The scholarship package is INR 3 lakh per annum for the IIMs.
Case Competitions: Case competitions help frequently offer amazing monetary prizes. RB Mavericks offered 10L for the National round.

All these means will help you finance your education so that you can focus solely on your goals. Also if you want a specific list of scholarships you can check the official website for the same.