IIM Amritsar is one of the highly reputed Management Institutes recognized by MHRD and Government of Punjab since 2015. IIM Amritsar offers Scholarships on need cum merit based to the meritorious students in different courses having minimum or no finance. The scholarships are limited in number. 

Students at IIM Amritsar can also apply for educational loans from banks and directly reach out to the respective branch to know their eligibility, amount, interest rates etc. The scholarships available at IIM Amritsar are listed below:- 

 
IIM Amritsar  Amount of Scholarship (in INR)
Merit-Based MBA Scholarships  N.A. 
Financial Assistance for PhD Students  Monthly Fellowship + Contingency Grant + Conference Grant
Post Doctoral Fellowship Programmes 55,000 p.m. +
30,000 (Contingency Grant) +
1,00,000 (For 1 International Conference)
National Fellowship and Scholarship for Higher Education of ST Students  30,000

Read More IIM Amritsar Courses and Fees

IIM Amritsar Merit-Based MBA Scholarships 

IIM Amritsar offers a limited number of scholarships to its eligible MBA students based on their scholastic achievement and diversity. The amount of scholarship awarded to MBA students is distributed in 2 equal proportions during 2 years of MBA program:-

MBA Scholarship 1st Year: IIM Amritsar gives the scholarships to students based on their prior academic records, performance in MBA admission process, and diversity (including gender, economic, and other factors). 

MBA Scholarship Renewal 2nd Year: Students at IIM Amritsar can opt for renewal of their MBA Scholarships from 1st year based on academic performance and conduct during the first year of MBA program i.e. a minimum CGPA of 2.96. 

The selected students will receive the scholarship award letter along with their admission offer letter.

Read More IIM Amritsar Admission 2024

IIM Amritsar Financial Assistance for Doctoral Programmes

IIM Amritsar offers a limited amount of financial assistance to PhD students which includes a monthly stipend, an annual contingency grant, and a research grant to attend conferences and seminars. Moreover, Medical Insurance Coverage is also provided to students as part of IIM Amritsar Scholarships and Student Welfare Programme.

Click for more details IIM Amritsar Cutoff

IIM Amritsar Post Doctoral Fellowship Programmes

IIM Amritsar provides financial aid to its post-doctoral fellows yet is limited in number. Apart from the fellowship amount, students shall also be eligible to receive medical insurance as per the latest student welfare policy at IIM Amritsar. The details for IIM Amritsar Post Doctoral Fellowship Programmes are as follows:- 

Fellowship Type Amount (in INR)
Consolidated Fellowship  55,000 /- per month 
Contingency Grant* 30,000 /- per year
Conference Grant 1,00,000 /- (1 International Conference)

Note:- *Contingency Grant* covers expenses such as for attending conferences, workshops, purchase of books, and relevant research activities..

For more details, click here IIM Amritsar Placements

IIM Amritsar Government Scholarships 

  • National Fellowship and Scholarship for Higher Education of ST Students Scholarship - Ministry of Tribal Affairs. 
  • Students willing to pursue higher degree courses like MPhil, Ph. D or integrated M.Phil + Ph. D qualify to avail the National Fellowship Scholarships. 
  • Students are selected on merit-based and must possess a minimum 55% marks at PG level from a recognised university to be eligible for National Fellowship Scholarships. 
  • There are 750 scholarship seats available and there is no specific income criteria for students to be eligible under the National Fellowship Programmes. 
  • The maximum age to qualify for National Fellowship Scholarships should be 36 years, as on the first day of July of the relevant year of the award of scholarship. 
  • National Fellowship- Amount of scholarship
Course Stream Scholarship (in INR) Contingency Annually (in INR)
M.Phil
 		 Humanities and Social Sciences  31,000 /- 10,000 /-
Science / Engineering Technology 12,000 /-
Ph. D
 		 Humanities and Social Sciences  Rs.31000/- for first two years and Rs.35000/- for remaining 3 years 20,500 /-
Science / Engineering Technology 25,000 /-
HRA for all the courses (monthly): Equal to UGC rates [8% or 16% or 24% based on city*
Escort Allowance for Divyangjan (monthly): INR 2000/- (at par with UGC rates)*
  • Merit-cum-means based Scholarship Scheme belonging to the Minority Communities - Ministry of Minority Affairs. 
  • The Merit-cum means based Scholarships provide financial aid to poor yet meritorious students belonging to minority communities.
  • Students who have good academic records and are willing to pursue professional and technical courses are eligible to apply for Merit-cum-means based Scholarship.
  • Students should possess an aggregate of more than 50% marks (or equivalent grade in the previous final examination). 
  • The annual income of a student’s family should not exceed INR 2.50 lakhs.
  • Students from minorities sections are eligible to apply for IIM Amritsar Scholarships.
  • A total of 60,000 “Fresh” + “Renewal” Scholarships are available.
  • Merit Cum Means Scholarship- Reimbursement Amount
Item Existing Amount (2012-17)
Course Fee INR 20,000/- per annum
(for both Hosteller & Day-Scholar)
Maintenance Allowance  INR 1,000/-* per month (Hosteller)
INR 500/-* per month(Day Scholar)

* For 10 months in a year.

 

IIM Amritsar Scholarships FAQs

Ques. Do IIM Amritsar provide suitable scholarships? 

Ans. Yes, there are limited scholarships offered to students but being limited in no. so provided to only meritorious students. 

Ques. What are the different categories of scholarships offered at IIM Amritsar?

Ans. There are various scholarships for MBA students, post doctoral programs, PhD students being limited in number. 

Ques. What are the scholarship benefits in Financial Assistance for PhD Students?

Ans. A Monthly Fellowship + Contingency Grant + Conference Grant is given to students as a part of their financial support during Doctoral Programs. 

Ques. How much is the amount given to students in Post Doctoral Fellowship programmes to students? 

Ans. A consolidated amount worth 50,000 p.m. is given along with INR 30,000 as Contingency Grant and INR 1,00,000 for 1 International Conference. 

Ques. Can students apply for educational loans too? 

Ans. Yes, students can apply for Educational Loans too after reaching out to their preferred banks for loan amount, interest rates etc. 

Ques. Does the Government also provide scholarships at IIM Amritsar?

Ans. Yes there are many scholarship schemes available under the Government of India to be applicable at IIM Amritsar.