IIM Amritsar Scholarship schemes are designed to support deserving and meritorious students in pursuing their management education without financial hurdles. Established in 2015 under the aegis of the Ministry of Human Resource Development (MHRD) and the Government of Punjab, IIM Amritsar offers a variety of financial assistance options, including merit-based scholarships, need-based scholarships, and education loan support. Although limited in number, these scholarships provide substantial relief for students with excellent academic performance and limited financial resources. By offering such financial aid, the institute ensures that talented students can focus on their studies and career development without being constrained by economic challenges.
IIM Amritsar Overview of Scholarships
The following table provides a comprehensive overview of the scholarships offered at IA-IIM:
Scholarship | Amount (in INR) |
MBA Merit-Based Scholarships | Varies |
Financial Aid for PhD Students | Monthly Fellowship + Contingency Grant + Conference Grant |
Post Doctoral Fellowship Programmes | 55,000 p.m. + 30,000 (Yearly Contingency Grant) + 1,00,000 (For 1 International Conference) |
National Fellowship and Scholarship for Higher Education of ST Students | 30,000 |
IIM Amritsar Merit-Based MBA Scholarships
IA-IIM offers a few merit-based scholarships to its MBA students, taking into account their academic achievements and diversity. The scholarship is distributed equally across the two-year MBA program. Selection for the first year is based on previous academic records, performance in the MBA admission process, and diversity. For the second year, the scholarship can be renewed based on academic performance and conduct demonstrated during the first year, with a minimum CGPA of 2.96 being mandatory.
IIM Amritsar Financial Assistance for Doctoral Programmes
IA-IIM offers a limited amount of financial aid to its PhD students, which includes a monthly stipend, an annual contingency grant, and a research grant for attending conferences and seminars. In addition, students are also covered under medical insurance as part of the welfare programmes.
IIM Amritsar Post-Doctoral Fellowship Programmes
IA-IIM offers financial support to post-doctoral fellows. The aid includes a monthly fellowship of INR 55,000, an annual contingency grant of INR 30,000, and a conference grant of INR 1,00,000 for attending one international conference. The institute's student welfare policy also provides medical insurance coverage.
IIM Amritsar Government Scholarships
The National Fellowship and Scholarship for Higher Education of ST Students is a scholarship scheme offered by the Ministry of Tribal Affairs. Eligible candidates include those pursuing high-degree courses, such as M.Phil, Ph.D, or an integrated M.Phil + Ph.D, who have scored a minimum of 55% marks at the postgraduate level from a recognised university. The Merit-cum-means based Scholarship Scheme, offered by the Ministry of Minority Affairs, aims to financially assist students from minority communities with good academic records who are pursuing professional and technical courses.
IIM Amritsar Scholarship FAQs
Does IIM Amritsar provide scholarships for MBA students?
Yes, IIM Amritsar offers limited merit-based scholarships to deserving MBA students based on academic performance and diversity.
What is the eligibility for merit-based MBA scholarships at IIM Amritsar?
Selection for the first year is based on past academic records, MBA admission performance, and diversity. For the second year, a minimum CGPA of 2.96 is required.
How are MBA scholarships at IIM Amritsar distributed?
The scholarship amount is divided equally across the two years of the MBA program.
Does IIM Amritsar provide financial support for PhD students?
Yes, PhD students receive a monthly fellowship, contingency grant, and research grant for conferences, along with medical insurance.
What is the fellowship amount for post-doctoral scholars at IIM Amritsar?
Post-doctoral fellows receive INR 55,000 per month, INR 30,000 as an annual contingency grant, and INR 1,00,000 for one international conference.
Are government scholarships available for IIM Amritsar students?
Yes, students can apply for schemes like the National Fellowship for ST Students and the Merit-cum-Means Scholarship for minority communities.
What is the amount under the National Fellowship for Higher Education of ST Students?
The fellowship provides INR 30,000, along with additional benefits as per Ministry of Tribal Affairs guidelines.
Is medical insurance included in the scholarship or financial assistance at IIM Amritsar?
Yes, both PhD and post-doctoral students are covered under medical insurance as part of the institute’s welfare policy.
Can MBA students avail education loans apart from scholarships?
Yes, IIM Amritsar facilitates education loan support through tie-ups with banks to ensure financial assistance.
Are scholarships at IIM Amritsar need-based as well?
Yes, in addition to merit-based aid, certain need-based financial assistance options are also considered depending on student circumstances.