13.

Available Scholarship

The Institute has a comprehensive scheme for scholarship. It is the endeavour of the
Institute that no student be denied opportunity to pursue that PGP for want of
adequate financial resources.

It should be borne in mind however that no financial aid or scholarship would be
automatic and may actually be denied or withdrawn from a student if his/her conduct
is found to be unsatisfactory and sufficient to warrant such action.

Pending sanction of financial aid/award of scholarship students are required to make
payment of fees, mess charges, etc. on the due dates.

Rules and Regulations for Financial Assistance
1. Objectives
It is the endeavour of the Indian Institute of Management, Ahmedabad, that no student be
denied opportunity to pursue the Post-graduate Programme in Management (PGP)/Post-
Graduate Programme in Agri-Business Management (PGP-ABM) at IIMA for want of
adequate financial resources. Towards this end, from the year 2008-09, IIMA has
instituted Income-Linked Tuition Fee waver scheme. The IIMA also has its own Special
Scholarship Scheme (need-based) to complement the scholarship schemes that it operates
with assistance from industry and government.
2. Schemes
In addition to income -linked tuition fee waver scholarships, , the following schemes are
in operation at present
i) Family Income Linked Tuition Fee Waiver Scheme: All students entering the
postgraduate programs (PGP and PGP-ABM) whose total family income does not
exceed Rs.6 lacs in the last financial year are eligible for the fee waiver scheme. Also
a complete waiver of non-tuition fee is awarded to those students whose total family
income in a financial is below or equal to Rs. 1 Lakh.
The Income Linked Tuition Fee Waiver has been granted to PGP & PGP-ABM
students of the first and second year based on their total annual family income.
Annual family income is defined as the income of parents/legal guardians & spouses
if any.
The Income Linked Tuition Fee Waiver for each student was determined on the basis
of the following table:
I Year Annual Income
Less than Rs.1 lakh 0
Rs.l 2 lakhs Rs.00.86 lakh
Rs.2 3 lakhs Rs.0.86 2.6 lakh
Rs.3 4 lakhs Rs.2.6 3.85 lakh
Rs.4 5 lakhs Rs.3.85 4.6 lakh
Rs.5 6 lakhs Rs.4.6 4.84 lakh
Over Rs.6 lakhs Rs.4.84 lakh




II Year Annual Income
Less than Rs.1 lakh 0
Rs. 1 2 lakhs Rs.0 0.80 lakh
Rs.2 3 lakhs Rs.0.80 2.40 lakh
Rs.3 4 lakhs Rs.2.40 3.60 lakh
Rs.4 5 lakhs Rs. 3.604.30 lakh
Rs.5 6 lakhs Rs. 4.304.50 lakh
Over Rs.6 lakhs Rs.4.50 lakh

In addition all the students whose annual family income was less than 1 lac was also
granted waiver of non- tuition fee.
For the academic year 2009-10, a total of Rs.8,31,28,667/- fee was waived off based
on the students annual family income of 2007-08.
ii) IIMA Special Scholarships (need-based): All students entering the postgraduate
programs (PGP and PGP-ABM) in 2009 whose gross annual family incomes did not
exceed Rs. 2,00,000 during the last financial year are eligible to apply for scholarships
up to full tuition fee under the IIMA Special Scholarship Scheme (ISSS). Family
income is taken to mean the income of parents/ guardians and spouse. It does not
include income earned by the student or the students siblings. The need will be
assessed on the basis of family asset ownership, financial position of the family
(including any savings that the student may have from his or her prior work), the
familys gross annual income from all sources, and the number of dependents on the
family income. Applications for need-based scholarships will be made available soon
after the PGP begins. The relevant cut-off dates and other details will be announced in
early July.
iii) Industry Scholarships (need-based): About 15 scholarships (with the maximum
amount limited to about Rs.10,000 per student) may be awarded from funds instituted
by various companies. These scholarships may be awarded to needy students who are
ineligible to apply for the IIMA special scholarships.
iv) SC/ST Scholarships: All SC/ST students in the postgraduate programs are awarded
Rs.150 per month for 10 months.
v) GOI Merit-cum-Means Scholarships: The Government of India Merit-cum-Means
(MCM) scholarships, given both in the first and second year, are awarded to a
maximum of 25% of students (of the non-sponsored student body) each year. The
value of each scholarship is Rs. 2,200 per annum.
To become eligible for the MCM scholarships, the student must satisfy the
means conditions laid down by the Government of India and the merit
requirements laid down by the Institute. Further details will be available once
students join the PGP.
vi) Aditya Birla Group Scholarships: These scholarships (about three each to PGP I
and II) are awarded by the ABG. The selection is done entirely by the ABG, and is
based on merit. The amount awarded is about Rs.1.25 lakhs per student per year.
vii) OP Jindal Engineering and Management Scholars: These scholarships (one each
to PGP I and PGP II) are awarded by OP Jindal Group. The selection is made based
on the academic performance. The final selection is done through an on-line test and
a personal interview.



viii) Ocwen Scholarship for Competence in Academics:- The scholarship is instituted
by Ocwen Financial Solutations Pvt. Ltd. It is awarded to a first year student. The
final selection is done through a research paper and personal interview.
ix) ONGC SC/ST Merit cum Means Scholarships: - Instituted by the ONGC,
scholarships are awarded to the selected SC/ST candidates yearly to the eligible 1
st

year students of the institute.
x) Other Scholarships facilitated by the IIMA include scholarships awarded by various
state governments to students from their states.
3. General Conditions for Award of all Scholarships
i) Students who have violated the Institutes discipline norms or are guilty of
misconduct will not be considered for award of any of these scholarships.
ii) There may also be special conditions in some of the scholarships.
iii) The Institutes Financial Aid and Awards Committee may prescribe minimum grade
points which the student must receive to become eligible for the award of
scholarships.
iv) A student can accept more than one scholarship/grant in one academic year, provided
there is no objection from the scholarship donors and the total amount of such
scholarships/grants put together does not exceed the actual yearly expenses (PGP fees
and other charges plus board and lodging) payable to IIMA during a particular
academic year.
v) The recipient of a scholarship should inform the Financial Aid and Awards
Committee immediately if he/she receives any other scholarship, grant or loan
fellowship from sources other than the Institute.
vi) The conditions governing the award of scholarships are subject to change at the
discretion of the Institute/donor organizations.
vii) The Institute reserves the right to withdraw a scholarship already granted, on the
following grounds (i) false information in the scholarship application, (ii) violation of
institute discipline, (iii) misconduct.
viii) The decisions of the Financial Aid and Awards Committee regarding the award of
scholarships will be final.
*Please note that the private scholarship schemes in # 2 (vii), (viii) & (ix) are subject to the
announcement by the respective sponsors each year.
Reservation Policy
As per the Government of India requirements, 15% of the seats are reserved for Scheduled
Caste (SC) and 7 % for Schedule Tribe (ST) candidates. 27% of seats are reserved for
Other Backward Classes (OBC) candidates belonging to the non-creamy layer.
As per the provision under section 39 of the PWD Act, 1995, 3% seats are reserved for
Differently Abled (DA) candidates. The three categories of disability are a) low-
vision/blindness, b) hearing impairment, and c) locomotor disability/cerebral palsy. This
provision is applicable if the candidates suffers from any of the listed disabilities to th extent
of not less than 40%, as certified by a medical authority as prescribed and explained in the
said Act.