IIM Ahmedabad Scholarships 2024: List of Schemes and Application

IIM Ahmedabad scholarships are an initiative of IIM Ahmedabad for its students. These scholarships aim to ensure that no student is deprived of the opportunity to pursue their postgraduate studies due to financial constraints. As a result, IIMA offers various scholarships to its students, such as merit-based, need-based, and meant for specific groups of students. There are also other schemes available in IIMA, funded by the Indian government, the institute’s alumni, and industries/corporations. Let’s take a look at them one by one for more clarity.

Institute name	IIM Ahmedabad
Number of scholarships offered	11
Scholarship amount	Up to INR 1,43,20,000 per year
Eligible programs	PGP, PGP-FABM
Eligibility	Students from low-income groups

List of IIM Ahmedabad Scholarships

As mentioned before, there are many IIM Ahmedabad scholarships that you can avail of as a student. These scholarship programs are provided based on your financial circumstances, academic record, and other factors set by the organizing committees. They are generally divided into 4 categories:

1. Need-based scholarships
2. Merit-based scholarships
3. Means-cum-Merit scholarships
4. Special needs scholarships

Let’s take a look at scholarships offered by each of these categories, including their eligibility criteria and scholarship amount.

Need-based Scholarships

These IIM Ahmedabad scholarships are meant to support students coming from low-income families. Here are some offered by the institute:

1. SC/ST scholarships – This IIM Ahmedabad scholarship is meant for students belonging to the SC/ST categories enrolled in any PG program. They are awarded INR 150/ month for 10 months.

2. IIMA Need-Based Scholarship – This scholarship is for students who had a gross annual family income of less than INR 15,00,000 during the previous financial year. The student must be enrolled in a PG program (PGP and PGP-FABM), and the scholarship amount disbursed is determined based on the following factors:

• Family income
• Amount of education loans taken
• Student’s past income
• Total income of parents/guardians/spouse (if married)

Note: The pre-tax deduction income will be considered by IIMA. Other economic factors such as movable and immovable family assets and the number of dependents on family income will also be evaluated.

Merit-based Scholarships

These IIM Ahmedabad scholarships are awarded based solely on your academic performance. They are as follows:

1. Aditya Birla Group Scholarships – Awarded by Aditya Birla Group, these industry-based scholarships are given to 3 meritorious students from PGP-1 and PGP-2. The selection is carried out by the conducting body and the amount awarded is INR 1,75,000 per student per year.

2. Dunia Scholarships for Scholastic Excellence – This merit scholarship was started and is sponsored by Dunia Finance LLC, Dubai, UAE. Two scholarships each of the amount of INR 1,00,000 are offered to students from both PGP-1s and PGP-2s.
3. Smt. J Nagamma Memorial Award – This IIM Ahmedabad scholarship is given to one first-year PGP student at the end of their first year. Based on their academic performance, the student is awarded a scholarship worth INR 15,000.

4. OP Jindal Engineering and Management Scholarship – Offered by OP Jindal, the OPJEMS is given to 1-2 second PGP students. The selection is done based on the student’s academic performance, an online test, and a personal interview. An amount of INR 1,50,000 is awarded per student per year.

Merit-cum-Means Based Scholarships

If you are a student with an outstanding academic record but a weak financial background, then you can benefit from these IIM Ahmedabad scholarships mentioned below:

1. Central Sector Scheme for Top Class Education (merit-cum-means) – This government-funded scholarship scheme is meant for meritorious students belonging to SC/ST categories. The candidate’s family income must be less than INR 4,50,000. You can check the official website for more details.

2. Minority Welfare Scholarship – The Minority Welfare scholarship is meant for students from minority communities with a family income of less than INR 2.5 lakhs per annum. The eligible candidates are awarded by the Ministry of Minority Affairs, Govt. of India. You can visit the official website for more details.

3. Scholarships for Students with Disabilities [Central Sector Scheme for Top Class Education (Merit-cum-Means)] – This scholarship is awarded to students with disabilities (DA/PWD students) with a family income of less than INR 6,00,000 per annum. 

4. Class of PGP 2001, Peri Viswanath Scholarship – This merit-cum-means IIM Ahmedabad scholarship was started by the 2013-2015 batch in memory of Mr Peri Viswanath. It extends financial support to one PGP/PGP-FABM student of INR 2,00,000 per year. Here’s a breakdown of the criteria for both academic years:

Year	Merit Criteria
1	Scholarship awarded based on academic performance in PGP/PGP-FABM course Family income under INR 15,00,000
2	Scholarship awarded to recipients expected to donate back to the scholarship fund within 5-7 years of graduating from IIMA, ideally donating more than what they received A grace period of 1 year allowed to students just graduated from the institute to start contributing to the scholarship

5. T. Thomas Scholarship – Sponsored by Hindustan Unilever Ltd., this IIM scholarship program is offered to one second-year PGP student based on means-cum-merit criteria. The amount awarded is INR 1 lakh per year.

Special Needs Scholarships

Apart from the above IIM Ahmedabad scholarships, there are several special need-based schemes available for IIMA students. You can apply for any of the following scholarship programs based on your career goals:

1. Scholarships for future IIMA Graduates Going for Entrepreneurship – This scheme focuses on encouraging the students’ entrepreneurial drive. Two students from every batch receive INR 30,000/month for 3 consecutive years. This scholarship is meant for students opting out of the institute’s placement drive to start their own business venture.

2. Scholarships for future IIMA Graduates Joining “Not-for-Proft” organization – This is another IIM Ahmedabad scholarship that motivates students to opt for jobs in NGOs. Two students from every batch receive INR 3-4 lakhs per year per student for 3 consecutive years. This amount helps pay out any additional student loans they availed for studying in IIMA.

3. Assistance ships for future IIMA Graduates Pursuing Doctoral Studies – This assistance ship is meant for students planning to pursue doctoral studies in India or abroad.

4. PGP Alumni Endowment Funds – This financial assistance is provided to 9 PGP 1 & PGP/FABM II students from economically and socially challenged backgrounds. Students are selected based on their applications for the Special Need Based Scholarship. 

If eligible, they receive an amount ranging from INR 2-3 lakhs each. This assistance is only offered to students who agree to contribute back to the fund in 5-7 years.

5. Shri GC Mital Entrepreneurship Aid – A sum of INR 2,00,000 is awarded every year to 1 graduating student of PGP/PGP-FABM who intends to start their own venture, opting out of the IIMA placement process. The eligibility criteria are as follows:

• Must be a graduating student of the PGP or PGP-FABM program
• Must have an educational loan of at least INR 1,00,000
• Combined family income must be below INR 8,00,000 per annum
• The student must submit a business plan to the scholarship committee

Note: The awardee will be selected based on the quality of their business plan. The award will be given to the student on the day of convocation. 

Also Read: CBSE Merit Scholarship Scheme For Single Girl Child 

How to Apply for IIM Ahmedabad Scholarships?

Now that you know all about IIM Ahmedabad scholarships, here’s how you can apply for them:

Applying for IIM Ahmedabad Scholarships for MBA

To secure a scholarship for the MBA program at IIM Ahmedabad, follow these steps:

1. Visit Your Department’s Academic Office: Eligible students must approach their respective department’s academic office to initiate the application process.

2. Gather Required Documents: Alongside the application form, submit the following documents:

• Proof of annual family income
• Educational loan statement (if applicable)
• Past earning reports
• SC/ST Certificate (for SC/ST Scholarship applicants)

3. Documentation Evaluation and Financial Review: IIM Ahmedabad will carefully review the submitted documents and assess the candidate’s financial situation based on established criteria.

4. Document Verification: The institute may conduct a home visit to validate the provided documents and gain a deeper understanding of the candidate’s financial background.

Applying for IIMA Scholarships Offered by the Indian Government

To secure an IIM Ahmedabad scholarship offered by the Govt. of India, follow these steps:

1. Visit the NSP’s official website
2. On the homepage, locate and select the ‘Central Schemes‘ option.
3. A list of ministries offering scholarships will be displayed. Identify the ministry that aligns with the scholarship you’re seeking.
4. Under the ‘Applicant Login‘ section, click on ‘New Registration‘ to create an account on the portal (for existing users, simply log in).
5. For new applications, choose ‘Fresh Application‘. For renewals, select ‘Renewal Application‘.
6. Fill in the required details and submit the necessary documents.
7. Print out the completed application form for submission at your respective institute.

Applying for IIMA scholarships Offered By Industries/Corporations

Here’s the application process for some of the IIM Ahmedabad scholarships sponsored by industries and corporations:

For Aditya Birla Scholarships:

• Visit the official website of the scholarships and download the application form. 
• Complete the application form and submit it to the Dean’s office for consideration.
• Your application will undergo an initial evaluation based on the information provided.
• If your application is shortlisted, you will be required to submit an essay on a specified topic.
• The essay will be reviewed, and selected candidates will be invited for an interview in Mumbai.

For OP Jindal Scholarships:

• Visit the official website.
• On the homepage, locate and click on the ‘Apply to the scholarship‘ button, or simply scan the QR code provided. Both options will redirect you to the scholarship application page.
• Carefully fill out the application form, providing all the required information accurately. Keep your academic documents readily available for submission.

Note: The application review process typically takes 1 month. The results of the scholarship selection will be announced after the review is complete.

Also Read: BYJU’S National Aptitude Test (BNAT) Scholarship 2024: Amount, Details, Eligibility

Application Date

The application window for the IIM Ahmedabad Scholarships will open in July/ August 2024 (tentative). Regularly visit the scholarship’s official website to stay updated about the important announcements.

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FAQs

So, this was all about the IIM Ahmedabad Scholarships 2024. There are other Indian scholarships about which you can know more through our official website of Indian scholarship.