IIM Visakhapatnam Scholarship Details

Janki Sharma

The Indian Institute of Management Visakhapatnam (IIMV) is one of the prestigious business schools. It is a new generation IIM, established by the Indian government in September 2015. The campus of the IIM Visakhapatnam is well-equipped with learning resources, teaching aids, and amenities. The IIM Visakhapatnam is under the guidance of the acclaimed management education leader IIM Bangalore. The institute offers scholarships to needy applicants so that they can excel in academics without any hurdle. Details of the Indian Institute of Management Visakhapatnam scholarship is given below.

IIM Visakhapatnam Scholarships

There are several scholarships awarded to the students of IIM Visakhapatnam based on certain criteria. For PGP students, their annual income has to be below INR 6 LPA to be eligible for financial aid. In addition, financial aid is provided in terms of 100%, 80%, 60%, 40% or 20% based on their academic performance. The details of the IIM Visakhapatnam scholarship is mentioned below.

• Ministry of Tribal Affairs Scholarship (ST): The Ministry of Tribal Affairs accepts applications for the National Scholarship for Higher Education for Scheduled Tribe Students (PGP first year). This is a type of scholarship that covers tuition fees.
• Ministry of Social Justice and Empowerment Scholarship (SC): The Ministry of Social Justice and Empowerment of the Government of India encourages meritorious Scheduled Caste students to apply for the National Scholarship for Higher Education for Scheduled Caste Students (PGP first year). This is a type of scholarship that covers the entire tuition fee.
• Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD): A person with at least 40% disability and a disability certificate issued by any competent medical authority is eligible to apply. This is a low-income scholarship for Rs. 2,55,000 per year.
• Merit Cum Means Scholarship for Professional and Technical Courses CS: This scholarship will be given to needy and deserving students from minority communities who have received at least 50% or equivalent in their previous final examination and whose parents/guardians' annual income from all sources does not exceed Rs.2.50 lakh.
• The institute also encourages students to apply for merit-based scholarships granted by state governments and private organisations.