What if I don't have enough money to pay IIM Ahmedabad's fees?
If you have got admission at IIM Ahmedabad, paying fees will not be an issue. There are many ways to finance your degree.
If you are eligible, you will get a fee waiver. There are many corporate scholarships on offer as well. If you have an impeccable academic record, you can easily bag one of these scholarships.
Many banks offer education loans for IIM students without collateral security. IIM Ahmedabad has tie-ups with many banks that are willing to offer you loans to pay the fees and also a minimum amount to pay your basic living expenses on campus.
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Your IIM Letter will act as your VISA. You can get anything done simply with your IIM Acceptance letter because it has the ultimate value.
On the day of admission, you will come across multiple bank stalls put up inside the campus each one offering several loan schemes. Most of the time the Banks don’t care to ask the personal details from the students or demand any security-deposit before sanctioning a study loan. The IIM Acceptance letter does the job of providing a guarantee.
There are thousands of ways to sort out the money-issue, especially if you are a student from IIM. After the completion of the degree, you will be capable enough to pay off the loan within no time. An IIM student is the safest investment for the banks when it comes to study-loans.
IIM also has several scholarships and study based competitions with money prizes, the students can look into that as well. If they fit into the mentioned-criteria they might not even need a loan.
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