IIM Sirmaur Scholarships are based on merit and financial need. There are various forms of financial aid provided by the institute or could be availed through other legal authorities like Government of India, private corporations etc. 

The main objective of introducing scholarships at IIM Sirmaur is to allow unbiased learning even with limited finances. Have a look at the types of scholarships ready to be used at IIM Sirmaur:-

IIM Sirmaur Scholarships

A set of scholarships that are offered by IIM Sirmaur are categorized into two main categories, as mentioned further:-

Scholarships Type 1 include:-

  • Need Based Scholarships 

The need based scholarships are provided to meritorious students on a merit-based basis. These scholarships are awarded to the students after thorough analysis based upon factors like academic background, family’s income, student loans, previous earnings (if any) and so on. 

  • Special Scholarships for Women

With a mission of encouraging women to grow ahead into the workforce and corporate sector, there have been special quotas reserved within scholarships for women. 

Those women who wish to pursue courses in action to be into the corporate sector or workforce are eligible to apply for such scholarships.

  • Financial Assistance for Toppers / Top Performers 

The students achieving top position during their 1st year of courses are also eligible for certain scholarships as offered by the institute and other authorities. There are various forms of financial aid programmes for students based upon the overall performance and excellence during their learning. 

  • Financial Support for Reserved Categories

There are scholarships meant for reserved categories such as SC/STs as per the norms defined by the Government of India.

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Scholarships Type 2

Financial support for PhD students

There are no fees for PhD students. In addition, they shall be given a stipend of INR 30,000 for 5 years to cover their living expenses.

The students shall get a deserving stipend only post analysis of their overall performance and progress during the course.

The students should maintain a 100% attendance and actively involve in course-work along with providing teaching and research assistance.

Start-Up Grants

Students who come with a start-up idea during their 1st year of study shall be provided INR 60,000 to meet expenses on purchasing hardware, software, etc.

Contingency Grant

Students shall be provided a contingency grant for 2-5 years, an annual amount of INR 25,000 to meet expenses on purchasing hardware, software, etc. 

Post-Proposal Stipend Grant

A post proposal stipend grant in addition to INR 30,000 with an increment of Rs. 2,000 i.e. Rs 32,000 as stipend per month is provided to students.

House Rent Allowance- HRA Amount

An HRA amount is provided to those students who live off-campus, with a monthly amount of INR 5000.

National Conference Grants 

National Conference grants of up to INR 20,000 per year are allowed to students from 1st year to 5th year. (As per actuals and guidelines applicable)

International Conference Grants 

International conference grants worth INR 2,00,000 over 5 years are 

provided to deserving students. (As per actuals and guidelines applicable)

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IIM Sirmaur Scholarships:- How to Apply? 

Applying for scholarships at IIM Sirmaur is a smooth process which involves choosing the right form of financial aid and then getting ready with proper documentation. 

Step 1:- Visit the official website https://www.iimsirmaur.ac.in/ or any other official portal from where you wish to avail scholarship from.

Step 2:- Look for the right sort of financial assistance matching your requirements and necessary eligibility criteria. 

Step 3:- After having gone through the eligibility criteria in which you fit for, look for the necessary documents to be uploaded. Documents required may vary from scholarship to scholarship but some mutual documents usually include: -

  1. i) Scanned copy of passport size photograph
  2. ii) Scanned copy of 10th and 12th marksheet

iii) Scanned copy of previous degree marksheets (if applying for PG programs) 

  1. iv) A copy of digital signature 
  2. v) Proof of family’s income / personal(if any).

Step 4:- Apply for the scholarship and wait for the final procedure and approval. Keep the temporary / permanent ID generated for future reference.

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IIM Sirmaur Scholarships FAQs

Ques. How many scholarships are provided by IIM Sirmaur?

Ans. There are various schemes and scholarships available for students at IIM Sirmaur and get revised every year. The merit and need based scholarships are among one of such programmes available throughout.

Ques. Name some of the best scholarships available for students at IIM sirmaur.

Ans. The need and merit based scholarships are the best type of scholarships that students with an excellent academic background and low family income could avail. 

Ques. What are the major benefits of availing financial assistance while at IIM Sirmaur?

Ans. Keeping in mind the fact that not every excelling student may have a good financial background, these scholarships at IIM Sirmaur are brought into existence for helping them continue their studies and degree courses smoothly. 

Ques. How one could be eligible for applying into scholarship programs?

Ans. To be eligible for applying for a scholarship programme, it is a must that a student should have a good academic record as per norms of the scholarship giver) and satisfy a minimum family income criteria too. Other factors like students’ previous earnings (if any), also are included.

Ques. Are there any financial assistance for those willing to invest in a start-up? 

Ans. Yes, students who are willing to invest in start-ups ideas brought within the 1st year are eligible to apply for such scholarships.

Ques. What are the contingency grants offered at IIM Sirmaur?

Ans. Contingency grants are being provided to students for 2-5 years, with an annual amount of INR 25,000 to meet expenses on purchasing hardware, software, etc.