IIM Visakhapatnam Scholarship: Check Eligibility, Amount, and Benefits

Venushree Agarwal

Updated on - Oct 27, 2025

The IIM Visakhapatnam scholarship programs play a vital role in supporting talented students from diverse backgrounds, ensuring financial barriers don't hinder their management education journey. As one of India's new-generation IIMs established in 2015, the institute offers a mix of institutional and government-backed aid, with top options like the Merit-cum-Means Financial Aid (up to 100% fee waiver for low-income PGP students) and category-specific scholarships such as the Ministry of Tribal Affairs for ST students and Ministry of Social Justice for SC students. These initiatives, accessible via the National Scholarship Portal, cover tuition, hostel fees, and more, promoting inclusivity at this GRIHA 5-star rated campus guided by IIM Bangalore.

Details of the Indian Institute of Management Visakhapatnam scholarship are 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.