IBSAT Scholarships Through IBSAT Test In December 2023

ICFAI Business School (IBS) is proud to announce the IBSAT-2023 scholarships, exclusively designed for top performers in the IBSAT test, which is scheduled to be held in the 3rd week of December 2023. These scholarships are open to candidates applying for the MBA/PGPM program and taking the IBSAT test in December 2023.

These scholarships aim to reward academic excellence and provide financial assistance to deserving candidates, encouraging diversity and inclusivity within the student community at IBS.

Scholarships from IBSAT 2023 Test	Eligibility Criteria
For Toppers in IBSAT	Candidates who secure top ranks in IBSAT
For Wards of IBS Alumni	Children of IBS alumni applying for the MBA/PGPM programme
For Physically Challenged Candidates	Candidates with physical disabilities applying for MBA/PGPM programme
Wards of Defence Personnel (In-service/retired) from Army, Airforce, Navy, and Paramilitary Forces	Children of in-service or retired defence personnel from these forces applying for MBA/PGPM program

Scholarships worth Rs 10 crore

IBS believes in nurturing talent and supporting aspiring business leaders. To realise this vision, the institution has allocated scholarships worth Rs 10 crore to commendable individuals who excel in the IBSAT test, are children of IBS alumni, belong to the physically challenged category, or are from the families of in-service or retired defence personnel from the Army, Air Force, Navy, and Paramilitary Forces.

Merit scholarships for the Class of 2026

IBS aims to award 500 merit scholarships for the class of 2026 to deserving candidates falling under the aforementioned categories. Each scholarship amounts to Rs 2 lakh per candidate, with the flexibility of adjusting Rs 1 lakh each in the first and second-term installments against the program fee.

Terms and Conditions for Merit Scholarships

To avail themselves of these prestigious scholarships, candidates must fulfill the following terms and conditions:

1. Eligibility: Scholarships will only be offered to candidates who have appeared for the IBSAT-2023 test and have successfully qualified.
2. Admission and Registration: Students must complete the admission process, pay the requisite admission fee, and register on the specified date to be eligible for the scholarship.
3. Applicability: The awarded scholarship amount can be adjusted solely against the program fee and payment and cannot be utilized for any other purposes or fees.
4. Withdrawal Policy: In the event of a student's withdrawal from the program for any reason, any applicable fee refunds will be calculated after deducting the scholarship sum granted earlier.

IBS continues to set a benchmark for excellence in management education. With its commitment to providing scholarships to deserving candidates, IBS aims to unlock opportunities and create a diverse pool of future business leaders who will contribute to the growth and success of organizations and society as a whole.