XIME, across its three campuses, continues to recognise and encourage the high-quality performance of its students and extend support to such students in case they need financial assistance. For the FY 2022-23 funds, the allocation for student recognition was well over INR 50 lakhs. This year, the institute proposed to make it even higher. The scholarship details are listed below:

• P. C. Cyriac Scholarship at XIME Chennai. Mr. Cyriac was crucial in the establishment of XIME’s Chennai campus. Mr. Cyriac is a Past President of XIME and the Former Additional Chief Secretary to the Tamil Nadu Government.
• Mr. B. Muthuraman Scholarship at XIME Chennai. Mr. Muthuraman was the Chairman of XIME Chennai and Former Managing Director of Tata Steel.
• Barrister M.K. Nambiar Memorial Scholarship to a Meritorious Student at XIME Chennai.
• XIME President Scholarship is offered at each of the campuses. The scholarship amounts vary from INR 1.5 to 6.0 lakhs.

There are additional scholarships given throughout the year. The Scholarships are usually handed out during the Independence Day or Republic Day celebration held at each campus. In addition to yearly scholarships, several academic achievement awards are given at the Convocation. There is a special award called the Best All-Round Performance Award.

• Bangalore Award is instituted by Triune Company, Delhi
• Kochi Award instituted by Sunny Diamonds
• Chennai Award instituted by OBO Bettermann