IIFT Kolkata Scholarship Details ,

IIFT Kolkata offers several scholarships to its students.To avail of these scholarships, you can visit the official website of IIFT Kolkata and check the eligibility criteria and application process for each scholarship.

Here are some of the scholarships available for MBA students:

1. Need Based Scholarship Scheme: Under this scheme, IIFT pays interest subsidy on educational loans for 27 months from the time the loan is taken from a bank. Students of the MBA (IB) full-time programme who have taken the loan and whose family income is less than INR 6.00 Lacs per year can apply under this scholarship.
2. New Scholarship Scheme (NSS): This scholarship covers ten percent of students with a scholarship amounting to twenty percent (20%) of the tuition fee in all “Full-Time/Regular” batches of the degree courses offered by IIFT. The scholarship will be given to 10% of the students admitted in the regular programs. The scholarship amount will be 20% of the Tuition fee for all. The criteria would be a “means-cum-merit” basis with 70% weightage to means and 30% weightage to merit i.e. total CGPA scored after completion of the program. It will be granted to those students who complete their full-time programme from IIFT and whose family income from all sources is less than INR 8 Lacs per annum. The upper ceiling of INR 8 Lacs is subject to revision. The scholarship will be disbursed to the students after the successful completion of the programme i.e. MBA (IB), MBA (BA), and MA (Eco.). IPM students will get the scholarship after completing their BBA and MBA. If the amount of the scholarship is less, then the balance amount will be payable.
3. Scholarships offered by the Government of India: The Government of India offers various central and state-level scholarships to students. Complete details about the available scholarships and the process for applying are available on the National Scholarship Portal

The total fee for MBA in International Business at IIFT Kolkata is INR 20.97 lakh. This fee is inclusive of components, namely tuition, library, internet, medical insurance, course material, hostel charges (for double occupancy, boarding charges, students and alumni activity. The students of SC, ST and PWD categories are given 50% concession in the tuition fee. If the student opts for single or triple occupancy accommodation, the aforementioned fee will vary. Having said that, this fee was for the academic year 2022-23, the exact amount of the total fee applicable for the MBA (IB) 2023-25 batch is only informed to the students when they are provided with the offer letters.

Yes, IIFT Kolkata offers a wide range of merit and means scholarships to the students. The details of a few such scholarships offered are as follows:

• Need-Based Scholarship: The institute offers this scholarship scheme under which it pays an interest subsidy on the Educational Loan for 27 months from the time the loan is taken from any bank. All the students of full-time MBA (IB) course who took a loan and have a family income less than
  INR 6 LPA can apply for a loan under this scholarship scheme

• New Scholarship Scheme: This scheme covers ten per cent of students with a scholarship waiver of twenty per cent (20%) of the tuition fee in all “full-time/ regular” batches of the courses offered by IIFT. 

A few other scholarships offered at IIFT as per the Government of India schemes are as follows:

• Central Sector Scholarship of Top Class Education

• Central Sector Scholarship for Higher Education

• Merit-cum-Means based Scholarship

• Top Class Education Scholarship for students with benchmark disabilities

• Central Sector Scholarship Scheme of Top Class Education in College