ICFAI University, Dehradun - Scholarship Details

ICFAI Business School (IBS) offers scholarships worth INR 10 crore exclusively for toppers in the IBSAT test, which is scheduled for the last week of December 2024. The scholarships aim to reward students with excellent academic records, wards of IBS alumni, Army personnel, and physically challenged students. The scholarships are based on certain criteria, which are as follows: 

Scholarship Criteria: 

• Toppers in IBSAT
• Wards of IBS Alumni
• Physically Challenged Candidates 
• Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces

Merit-based Scholarships 

IBS aims to award 500 merit scholarships to deserving candidates for the class of 2027 falling under the above mentioned categories. An scholarship amount of INR  2 lakh per candidate will be given, which will be adjusted as INR 1 lakh each in the first and second-term

Terms and Conditions for Scholarships

To avail the scholarships, the candidates must fulfill terms and conditions as mentioend below:

1. Eligibility: Scholarships will only be offered to candidates who have appeared for the IBSAT-2024 test and have successfully qualified.

2. Admission and Registration: To be eligible for the scholarship, the students must complete the admission process, pay the requisite admission fee, and register on the specified date

3. Applicability: The awarded scholarship amount can be adjusted solely against the program fee and payment and cannot be utilized for any other purposes or fees.

4. Withdrawal Policy: In the event of a student withdrawing from the program for any reason, any applicable fee refunds will be calculated after deducting the scholarship sum granted in earlier installments against the program fee.