Indian Institute of Management Sirmaur scholarships is based on the financial aids given by the different Ministries of the Government of India. The different Ministries working for the betterment of the socially deprived sections of the society have encouraged youths of these sections by providing them financial assistance. These Ministries include the Ministry of Tribal Affairs Scholarship (ST), Ministry of Social Justice and Empowerment Scholarship (SC) and Ministry of Social Justice and Empowerment Department of Persons with Disabilities (PwD).
Apart from these Ministries other organisations also support students with scholarships and financial aids. For more information on this, students must visit the college campus and extract more information. It is also to note that few of these scholarships may be provided to the students after completing one academic session or semester from IIM Sirmaur. The scholarships will be given considering a number of parameters. One such important parameter is the financial condition of the students. It is to note that these scholarships can either be Merit-based, Need-Based or Merit – cum – Need-Based. Depending upon the selection made by the students, the eligibility of the same shall be levied.
Apart from these IIM Sirmaur scholarships, students can also opt for educational loan sanctioned from nationalised banks or other reputed and recognised financial providers. Before finalizing a bank or financial institution, students must be aware of the methods used for re-payment, rate of interest specification, the final amount given as an educational loan and other related information. It is also important that all the documents related to the academic background and loans must accompany students at the time of taking a loan from the bank.