IIM Kozhikode Scholarship Details

Ashmita Dutta

Updated on - Jan 23, 2024

IIM Kozhikode offers various scholarships to students who fulfill certain criteria. These scholarships are offered to the students to pursue their education without any hurdles. However, candidates must meet the eligibility conditions set by the college to avail of the scholarships. The details regarding the IIM Kozhikode scholarships are given below.

• Offered by Institute 
• Offered by Central Government
• Offered by State Governments
• Offered by Private Organizations

Offered by the Institute

 The merit scholarship is provided to PGP-I and PGP-II students based on their CGPA and performance over one academic year.

IIMK Merit Scholarship 

IIMK Merit Scholarship is awarded to the students of Postgraduate Programmes (PGP, PGPLSM, and PGP FIN) first and second-year students on the basis of their performance during one academic year, as determined by their CGPA. The number of scholarships awarded is in the ratio of one scholarship for every 20 students in the first and second years.

IIMK Need-Based Financial Assistance (NBFA)

IIMK Need-Based Financial Assistance (NBFA) is offered by the Institute and the eligibility criteria are as under:

• Students whose gross annual family income for the last financial year should be less than or equal to Rs. 8 lakhs.
• Students who have availed an education loan from a scheduled commercial bank to fund his or her studies at the Institute.
• Students have to produce the loan disbursement details for the first year in the prescribed format issued by the bank authorities for being eligible to apply for IIMK NBFA for the second year.
• The student awardees of the scholarship should not have been involved in any act of academic indiscipline or misconduct at any time in the Institute.
• A student who has received Financial Assistance/ Scholarship under any other scheme of the Institute or State/ Central government will not be eligible for IIMK NBFA.
• Based on the financial score obtained during evaluation, a final rank list will be prepared by the Financial Aid Committee (FAC). The financial assistance will be disbursed based on the ascending order of the rank list, but within the NBFA budget approved for the academic year.

The disbursement will be based on the financial score quoted as under;

(2) Offered by Central Government

Top Class Education Scheme for SC Students

Offered by the Ministry of Social Justice & Empowerment, Government of India, to the students belonging to the SC category based on annual parental income from all sources for the previous financial year.  The maximum income limit is Rs.8,00,000/-. The maximum number of scholarships allotted to IIM Kozhikode is 10 (as of date). 

National Fellowship and Scholarship for Higher Education of ST Students

Offered by the Ministry of Tribal Affairs, Government of India to the students belonging to the ST category, based on annual parental income from all sources for the previous financial year. The maximum income limit is Rs.6,00,000/-. There is no Institute wise/state-wise/stream-wise ceiling for a number of slots.

Merit Cum Means Scholarship for Professional and Technical Courses CS

Offered by the Ministry of Minority Affairs, Government of India, to the students belonging to minority communities, who have secured not less than 50% marks or equivalent grades in the previous final examination.  The maximum limit of income for the previous financial year is Rs.2,50,000. Muslims, Sikhs, Christians, Buddhists, Jain, and Zoroastrians (Parsis) have been notified as minority communities.

Scholarships for Top Class Education for students with disabilities

Offered by the Ministry of Empowerment of Persons with Disabilities, Government of India to students with disabilities of 40% and above and have a valid certificate of disability as prescribed under rules issued by the competent authority-. The maximum limit of income of parents/guardians from all sources should not exceed Rs.8,00,000/-.

Prime Ministers Scholarship Scheme for the wards of Central Armed Police Forces, Assam Rifles & state police personnel Ministry of Home Affairs:

Offered by the Ministry of Home Affairs, to the wards/ widows of CAPFs & AR. APFs & AR personnel died in harness/ election duty, wards or personnel disabled due to causes attributable to Govt. services, and Wards of Ex CAPFs & AR personnel in receipt of Gallantry awards. Applicants should have a minimum of 60% marks in Minimum Entry Qualification (MEQ) i.e. 10+2/Diploma/Graduation or equivalent in case of a new applicant.

Offered by State Governments

Rajarshee Shahu Maharaj Merit Scholarship: 

Offered by the Government of Maharashtra. The applicant should be a domicile in Maharashtra state or should belong to the border of Maharashtra and Karnataka, and also should belong to the Maratha community. The annual family income of the applicant should not exceed Rs. 8,00,000/- from all sources.

Scholarship Scheme for Govt. of Tamil Nadu:

Offered by the Government of Tamil Nadu to the native students belonging to BC/MBC/DNC communities. The maximum limit of income is Rs.2,00,000/-.

Offered by Private Organizations

IDFC First Bank MBA Scholarship

Offered by IDFC First Bank to the students who have secured admissions in B-schools on their own merit and whose income of the parents/guardians from all sources should not be more than Rs.6 lakhs per annum can apply for this scholarship. Open for Indian nationals residing in India only. Only students studying in 1st year of 2-year full-time MBA programs at selected MBA/PGDM colleges are eligible to apply for this scholarship program. The scholarship amount is Rs.1 Lakh per student, per academic year.

Mirae Asset Foundation (MAF) Scholarship

Offered by Mirae Asset Foundation to the meritorious and Needy students of the first year & second year of PGP whose combined family income is less than Rs. 8 lakhs. The scholarship amount of Rs. 5, 00,000/- per student will be awarded on the basis of interviews conducted for the shortlisted candidates by the MAF.

 Aditya Birla Group Scholarship

Offered by Aditya Birla Group. The top 20 students from the first year (selection of students will be based on the criteria laid down by the Aditya Birla group) are eligible to apply for this scholarship. The scholarship is awarded on the basis of a written test and interview conducted by the Aditya Birla Group. The scholarship awardees can continue receiving it in the second year as well if they are among the top 25 students as per the CGPA for the first year. Rs. 1,75,000/- per student is awarded as a scholarship per year.

OP Jindal Engineering & Management Scholarship (OPJEMS)

The top 10 students from the first year and second year of PGP are eligible to apply for this scholarship (the selection of students will be based on the criteria laid down by OP Jindal). Rs.1,50,000/- per student is awarded as a scholarship per year.