Indian Institute of Management (IIM) Udaipur presents a variety of financial support programs to its students, including merit-based scholarships, need-based financial assistance, and comprehensive fellowships for Ph.D. candidates. These initiatives aim to alleviate the financial burden on students, enabling them to focus on their academic pursuits. In collaboration with The Hans Foundation (THF), IIM Udaipur also provides scholarships to first-year female students. Let's delve into the details of these offerings.
IIM Udaipur MBA Scholarships
MBA students at IIM Udaipur can apply for several scholarships offered by both the Indian Central Government and the State Government of Rajasthan. These scholarships are based on merit, financial need, and specific categories. To help you understand the scholarships better, here is a table summarising the key details:
Scholarship Name | Issuing Authority | Eligibility Criteria |
Central Sector Scholarship Scheme of Top Class Education for SC Students | Ministry of Social Justice and Empowerment | SC students with family income not exceeding INR 8 LPA |
Scholarship for Higher Education of ST Students | Ministry of Tribal Affairs | ST students with family income not exceeding INR 6 LPA |
Merit-cum-Means Scholarship Scheme for Minority Communities | Ministry of Minority Affairs | Students from minority communities with family income not exceeding INR 2.5 LPA |
Scholarship for Top-Class Education for Students with Disabilities | Ministry of Social Justice and Empowerment | DA/PWD students with family income not exceeding INR 6 LPA |
Mukhya Mantri Sarvajan Uchcha Shiksha Scheme | Rajasthan Government | Students with family income INR 2.5 LPA or below |
Mirae Asset Foundation (MAF) Scholarship | - | Annual family income below INR 8,00,000. |
Additionally, IIM Udaipur, in partnership with The Hans Foundation (THF), offers scholarships to female MBA students in their first year. Applications for these scholarships can be submitted through the National Scholarship Portal or by following the guidelines provided on the IIM Udaipur official website.
IIM Udaipur MBA Financial Assistance
IIM Udaipur provides financial assistance to MBA students coming from households with an annual income below INR 4.5 LPA. This assistance is primarily offered in the form of tuition fee waivers, with the amount determined based on the individual student's needs and requirements. Students facing significant financial struggles may also apply for this assistance.
IIM Udaipur Ph.D Financial Assistance
IIM Udaipur supports its Ph.D. students by extending full fellowships. This fellowship covers tuition fees, accommodation charges, and a monthly living allowance. Moreover, the institute also provides funds for international exposure during the course, along with support for research-related expenses, laptop/PC purchase allowances, and conference attendance grants. Here's a breakdown of the financial assistance provided for Ph.D. students:
Assistance Type | Amount/Details |
Monthly Stipend | INR 37,000 for the first two years, INR 40,000 after clearing the comprehensive exam, and INR 44,000 after proposal defense |
Laptop/PC Allowance | One-time allowance of up to INR 50,000 |
Contingency Grant | INR 50,000 in the first year and INR 25,000 each year from the second year onwards |
Research Funds | Up to INR 1,50,000 for dissertation-related research |
National & International Conference Funding | INR 20,000 per annum for national conferences/seminars, and up to INR 2,00,000 for four years for international conferences/seminars |
In addition to these, IIM Udaipur also offers a unique "Ph.D. Semester Abroad Program", where selected students can spend a semester at a prestigious international university, with all expenses covered by the institute.
IIM Udaipur Scholarship FAQs
What types of scholarships are available at IIM Udaipur?
IIM Udaipur offers scholarships through the Government of India, the Rajasthan State Government, and collaborations with foundations like The Hans Foundation and Mirae Asset Foundation.
Does IIM Udaipur provide scholarships for women students?
Yes, The Hans Foundation Scholarship is specifically designed for first-year female MBA students to promote gender diversity.
How much financial support does the Mirae Asset Foundation Scholarship provide?
The Mirae Asset Foundation Scholarship awards ₹5,00,000 per student, based on merit and family income criteria.
What is the income limit to apply for the Mirae Asset Foundation Scholarship?
Students with an annual family income below ₹8,00,000 are eligible to apply.
Are government scholarships available at IIM Udaipur?
Yes, students can apply for central government scholarships such as Top Class Education (SC), National Fellowship (ST), Merit-cum-Means (Minority), and scholarships for students with disabilities.
Can students apply for more than one scholarship at IIM Udaipur?
Students may apply for multiple scholarships, but eligibility conditions and funding rules vary depending on the scheme.