IIM Jammu, Jammu - Scholarship Details

Jammu, Jammu and KashmirAutonomous UniversityEstd 2016
#31 For MBA By IIRF 2024  
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IIM Jammu is a new entrant among new generation IIMs established in 2016 by the Government of India. IIM Jammu offers varied degree programs under Executive, Postgraduate, Doctoral and Faculty Development categories. To ensure unbiased learning irrespective of low finance, IIM Jammu provides Scholarship Schemes to meritorious students.

 

IIM Jammu Scholarships Details 

Here is a quick go through for IIM Jammu Scholarship Details:-

Scholarship Details Amount of Scholarship (INR)
IIM Jammu Merit-Based Scholarships for EWS 1.5 lakhs per student 
IIM Jammu Fellowships for PhD Students  45,000 per month (after Commencement of Program)
Carlsberg Foundation Internationalisation Fellowships 2023 (For International Students) Research Allowance + Living Expenses + Other Benefits
Aga Khan Foundation’s International Scholarship Programme (ISP) 2023 (For International Students) N.A.

IIM Jammu Merit-Based Scholarships for EWS

According to recent media reports such as TOI Education and Daily Excelsior, IIM Jammu has initiated to provide 20 Scholarships to the meritorious students belonging to Economically Weaker Sections (EWS).

The initiative to provide such scholarships has been taken under IIM Jammu Students Exchange Programme (SEP).

IIM Jammu scholarship amount for EWS students under SEP is estimated to be worth INR 1.5 lakhs per student. 

IIM Jammu Fellowships for Doctoral Programs 

IIM Jammu offers fellowships to full time Research Scholars. The fellowship programmes at IIM Jammu covers the majority of academic expenses including tuition fee, computer, library, placement, and alumni fees along with living expenses (comprising boarding and lodging). A research scholar will be entitled to a monthly stipend of Rs. 45,000 per month (after commencement of the Programme). Additional allowances will also be available to the candidate.

Additional Financial Support 

Type Fellowship Amount (in INR)
Contingency Grant 40,000 P. A.
Conference Grant Up to 2,00,000 during Ph.D. program after completion of comprehensive exam
To purchase Laptop 50,000 One time Allowance

IIM Jammu Scholarships for International Students 

Have a look at a few IIM Jammu Scholarship Programmes offered especially to International Students:- 

Carlsberg Foundation Internationalisation Fellowships 2023

  • Carlsberg Foundation Internationalisation Fellowships 2023 is an international scholarship that provides full funding to eligible students.
  • The scholarship is offered by the Carlsberg Foundation for International Students. Students eligible for this scholarship are those who are open to Denmark nationals.
  • The Carlsberg Scholarship can be used for pursuing any of the research fields offered by the Institutions. This scholarship can be taken at International Research institutions around the World.
  • Scholarship Reimbursement:- The value of the scholarship is Research Allowance + Living Expenses + Other Benefits.

Aga Khan Foundation’s International Scholarship Programme (ISP) 2023

  • IIM Jammu Scholarships for International Students includes Aga Khan Foundation’s International Scholarship Programme (ISP) 2023.
  • The scholarship is a partial funding scholarship offered by the Aga Khan Foundation for international students. Students eligible for this scholarship should be from countries like India, Afghanistan, Bangladesh, Canada, etc. 
  • This scholarship can be taken for pursuing any of the subjects offered by the universities. The value of the scholarship could vary depending upon the time, number of students and other factors. 

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IIM Jammu Scholarships FAQs

Ques. Is there scholarship in IIM Jammu?

Ans. Yes, IIM Jammu offers Scholarships for students under different categories like Economically Weaker Sections (EWS), ST, SC, International Students and so on.

Ques. What is the basis of selection of students for IIM Jammu Scholarships?

Ans. Depending on the type of scholarship, there are different criterias of selection. However, scholarships are provided to the students with the most decent academic records in the past and a family income criteria (if any).

Ques. Is there any scholarship offered by IIM Jammu to PhD students? 

Ans. Yes, there are special fellowship allowances offered to research Scholars cum students at IIM Jammu. 

Ques. What is the overall amount of scholarship offered to IIM Jammu PhD students?

Ans. IIM Jammu PhD students are given a fellowship allowance worth INR 45,000 (after commencement of the Programme). Moreover, a contingency grant of INR 40,000 P.A. and a conference grant of INR Up to 2,00,000 during Ph.D. program after completion of comprehensive exam is given along with one time allowance INR 50,000 for purchasing a laptop. 

Ques. Are there any scholarships for international students at IIM Jammu? 

Ans. Yes, there are various scholarship schemes available for international students at IIM Jammu including Carlsberg Fellowship, Aga Khan Foundation’s International Scholarship Programme and so on.

Ques. What type of scholarships are available for students with extremely low finance?

Ans. Recent reports say that IIM Jammu has initiated to extend a set of 20 scholarships worth INR 1.5 lakhs for meritorious students. Students belonging to Economically Weaker sections (EWS) can apply for merit scholarships at IIM Jammu directly from the official website.

IIM Jammu: 1 Answered Question

A student from my college has been selected in IIM Jammu for an MBA program. He can't afford the fee. What are his options?

Sinbad Chongtham
HarshvardhanStudied at Jammu City, Jammu and Kashmir, India

There are various options available for students who get selected in top Indian institutions like IITs and IIMs. IIMs offer scholarships, cash prizes during competitions, and other financial benefits to the students. I can tell you about the student loan that I secured from the bank to complete my education at IIM Indore.

Banks willingly provide education loans at low-interest rates to meritorious students of IIMs because of the credibility of IIMs and the good earning prospect of the students. There are a few requirements for securing the loan-

  1. The student must produce their original passport before the bank to prove their Indian citizenship. This is because banks, and particularly public sector banks do not fund the education of foreign students.
  2.  The banks also check the Cibil score of all loan applicants. This needs to be a minimum of 700 if not 750 or more. 
  3. Other than the applicant, there must be a co-applicant. The co-applicant must be in service or must run a business. They must earn a minimum specified amount acceptable to the bank. 

For other options like scholarships and financial assistance, the student should consider contacting the IIM Jammu office and explaining his situation. Even philanthropic institutions can be of help to him.

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