Indian Institute of Management - Udaipur
Indian Institute of Management - Udaipur

IIM Udaipur Scholarships 2023-24

Udaipur, Rajasthan

IIM Udaipur is dedicated to providing support to deserving students who may face financial constraints while pursuing their degree programs. The institute extends a helping hand through educational loans, available at minimal interest rates, and administers various financial aid initiatives.

One of the noteworthy financial assistance programs at IIM Udaipur focuses on scholarships offered by the Government of India, specifically tailored for MBA students.

Among these programs is the Central Sector Scholarship Scheme of Top Class Education, designed to benefit students from Scheduled Castes. This initiative, overseen by the Ministry of Social Justice and Empowerment, aims to provide financial assistance to exceptionally talented students from SC backgrounds who aspire to pursue degree programs.

Eligibility for this scholarship entails belonging to the SC/ST category and having a gross family income of up to INR 4.5 lakh per annum.

IIM Udaipur Scholarship

IIM Udaipur has established a variety of financial aid programs to assist deserving students who may not have the necessary financial resources to pursue their degree programs. The institute offers educational loans at minimal interest rates.

In addition, the Government of India offers special scholarships for MBA students. Here are the details:

Government of India Scholarships

  • Central Sector Scholarship Scheme of Top Class Education for Scheduled Castes Students: This scholarship is provided by the Ministry of Social Justice and Empowerment. It offers financial support to meritorious students from SC backgrounds who wish to pursue degree programs. To be eligible for this scholarship, students must belong to the SC/ST category and have a gross family income of up to INR 4.5 lakh per annum.

Minority Scholarship by Ministry of Minority Affairs

The Ministry of Minority Affairs offers a scholarship scheme known as the Merit-cum-Means Based Scholarship. Here are the key details:

  • Purpose: This scholarship aims to provide financial aid to economically disadvantaged yet academically outstanding students from minority communities, enabling them to pursue professional and technical courses.
  • Eligibility: To qualify, students must have achieved more than 50% marks (or an equivalent grade) in their previous final examination. Additionally, the annual income of their parents/guardians from all sources should not exceed INR 2.50 lakhs.
  • Selection Criteria: The scholarship is exclusively for students from minority sections, which include Muslims, Sikhs, Christians, Buddhists, Jain, and Zoroastrians (Parsis) as per Section 2 © of the National Commission for Minorities Act, 1992.
  • Scholarship Allocation: Approximately 60,000 scholarships are distributed as “Fresh” Scholarships each year, in addition to Renewal scholarships.

Frequently Asked Questions (FAQs)

What financial aid programs does IIM Udaipur offer?

IIM Udaipur offers a variety of financial aid programs, including educational loans at minimal interest rates and scholarships provided by the Government of India.

What is the Central Sector Scholarship Scheme of Top Class Education?

This is a scholarship provided by the Ministry of Social Justice and Empowerment for students from Scheduled Castes. It offers financial support to meritorious students from SC backgrounds who wish to pursue degree programs.

Who is eligible for the Central Sector Scholarship Scheme of Top Class Education?

To be eligible for this scholarship, students must belong to the SC/ST category and have a gross family income of up to INR 4.5 lakh per annum.

What is the Merit-cum-Means Based Scholarship offered by the Ministry of Minority Affairs?

This scholarship aims to provide financial aid to economically disadvantaged yet academically outstanding students from minority communities, enabling them to pursue professional and technical courses.

Who is eligible for the Merit-cum-Means Based Scholarship?

To qualify, students must have achieved more than 50% marks (or an equivalent grade) in their previous final examination. Additionally, the annual income of their parents/guardians from all sources should not exceed INR 2.50 lakhs.

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