IIM Indore provides Need-Based Financial Assistance (NBFA) to PGP/ IPM students with annual family income below INR 9 lakh who are eligible to apply for financial aid. The objective of the Need-Based Financial Assistance (NBFA) at IIM Indore is to ensure that no participant is deprived of education at the institute for financial reasons. The NBFA Committee undertakes a two-step process for deciding the number of awardees and quantum of aid.
IIM Indore Scholarship FAQs
Given below are the FAQs about scholarship offered at IIM Indore:
The application form for Need-Based Financial Assistance (NBFA) consists of five parts. The parts are:
Part 1: Personal information of the applicant, details of income, family, and funds and signed by the applicant
Part 2: Income Declaration by the Parent/Guardian of the applicant
Part 3: NBFA Datasheet in Excel with supporting documents to be submitted to the respective programme office.
Part 4: Instruction for filling out the application form.
Part 5: FAQs for NBFA
After going through all the parts of the form, candidates can fill out the form and submit it by paying the fee.
IIM Indore gives scholarships for its five-year integrated programme. These scholarships are based totally on advantage and other standards including educational performance, front examination ratings, and monetary need. The precise scholarships, eligibility necessities, and application approaches may also range, and it's miles really helpful to refer to the professional website of IIM Indore or contact the institute directly for particular records on the to be had scholarships and their software methods.
IIM Indore provides Need-Based Financial Assistance (NBFA) to PGP/ IPM students with annual family income below INR 9 LPA, are eligible to apply for financial aid. The objective of the Need-Based Financial Assistance (NBFA) at IIM Indore is to ensure that no participant is deprived of education at the institute for financial reasons. The NBFA Committee undertakes a two-step process for deciding the number of awardees and quantum of aid. The scholarship is awarded to the students selected for pursuing courses at graduate/postgraduate in identified institutions in professional fields such as Management, Medicine, Engineering, Information Technology, Law, and Training etc. In the first stage, the candidate's financial needs will be assessed by evaluating the application submitted by them. In the second stage, based on the first stage assessment, some of the participants are called for personal interaction with the NBFA Committee. Eligible applicants who wish to apply for the IIM Indore NBFA may apply in the prescribed form as available in PGP/ IPM Office.
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IIM Indore - Indian Institute of Management Notifications
Student Forum
Answered a year ago
There is need-based financial assistance offered to the students of IPM at IIM Indore. Below is the criteria for scholarship:
- All participants admitted to the IPM programme with annual family income below INR 9, 00,000 are eligible to apply for financial aid.
- Eligible applicants who wish to apply for
N
Guide-Level 15
Answered a year ago
Candidates can refer to the IIM Indore's scholarships and confirm from the IIM Indore Mumbai Campus whether they are eligible for the same or not. The below-mentioned are scholarships provided by the IIM Indore:
Scholarships | ||
---|---|---|
Ministry of Social Justice and Empowerment –- Central Sector Scholarship for SC Students | Ministry of Tribal Affairs – Central Sector Scholarship for ST Students | IDFC FIRST Bank MBA Scholarship |
Aditya Birla Group Scholarship | - | - |
L
Contributor-Level 10
Answered a year ago
Yes, IIM Indore offers both merit and need-based scholarships in the form of fee waivers and concessions as it believes that no student should be denied the privileges of education because of financial issues. All the students admitted to the PGP, PGP HRM (PGPH) and Integrated Programme in Managemen
N
Guide-Level 15
Answered 2 years ago
C
Contributor-Level 10
Answered 4 days ago
Yes, IIM Indore BBA (as part of its IPM programme) is often considered better than IIM Rohtak IPM, primarily due to stronger placement outcomes and broader industry reach. In 2024, IIM Indore's the highest package was INR 100 LPA with an average of INR 25.68 LPA, while IIM Rohtak's 2025 PGP placemen
H
Contributor-Level 10
The students admitted to the Post-Graduate Programme in Management (PGP), PGP HRM (PGPH) and Integrated Programme in Management (IPM) with annual family income below INR 12 LPA are eligible to apply for financial aid. Eligible applicants who wish to apply for the IIM Indore NBFA may apply in the prescribed form as available in PGP/IPM Office. It is important that they apply in the form taken from the respective PGP/IM Office only. All participants who have applied through the EWS quota but have secured the seat through general or any other quota can also apply for NBFA. Any participant who has applied through SC, ST, OBC or physically handicapped quota and falls within the above eligibility criteria can also apply for the NBFA.