IIM Indore PGP Scholarship

IIM Indore PGP Scholarship 2025 extends monetary assistance to scholars who are pursuing PGP, PGPH, and IPM. If you are struggling with financial hardships, make sure to apply for this scholarship scheme and finalise your academic pursuits.

IIM Indore PGP Scholarship 2025

IIM Indore PGP Scholarship 2025 is dedicated to creating equitable educational opportunities through various financial aid initiatives. Its Need-Based Financial Assistance (NBFA) program ensures financial challenges do not hinder deserving students. PGP and PGPH program participants with an annual family income of less than INR 12,00,000 can apply for this aid. The selection process involves two stages: first, a detailed evaluation of the applicant’s financial background through their application, followed by a personal interaction to verify the authenticity of their claims. Aid allocation depends on the family’s income, assets, and the applicant's disciplinary record, making the process fair and transparent.

In addition to NBFA, IIM Indore provides several other scholarships to encourage academic excellence and inclusivity. Prestigious merit-based scholarships such as the Aditya Birla Group Scholarship and OPJEMS recognise outstanding performers, while the Citi Women’s Leader Award supports women demonstrating leadership potential. Government-funded scholarships cater to SC, ST, OBC, minority, and differently-abled students, covering tuition fees and other expenses. Industry-sponsored scholarships, like those from SBI and Eicher Motors, and accolades, such as the CSI Signature Award and KK Alagh Gold Medal, further reward exceptional academic and leadership achievements. These programs underscore IIM Indore's commitment to fostering talent and ensuring accessibility for all.

Also ReadPre-Matric Scholarship for Minorities

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Important Dates for IIM Indore PGP Scholarship 2025

The dates by which to apply for IIM Indore PGP Scholarship 2025 is as follows:

ParticularsDates (Tentative)
NBFA Scholarship deadlineSeptember 2025

Also Read: Mahatma Gandhi Scholarship Scheme

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Overview of the IIM Indore PGP Scholarship 2025

Here are the details at a glance for IIM Indore PGP Scholarship 2025:

AspectDetails
Scholarship ProviderIIM Indore, corporate sponsors (e.g., Aditya Birla Group, OP Jindal Group), government ministries (e.g., Ministry of Social Justice, Tribal Affairs), industry partners (e.g., SBI, Eicher Motors), and state governments.
EligibilityParticipants admitted to PGP or PGPH programs with annual family income below INR 12,00,000. Students from all categories (General, EWS, SC, ST, OBC, PwD) meeting income criteria are eligible.
PurposeTo ensure that no student is deprived of education due to financial constraints while encouraging academic excellence and leadership potential.
Scholarship Amount
  • The amount varies depending on the scholarship. NBFA covers a percentage of the maximum aid determined annually.
  • Merit-based scholarships offer specific amounts (e.g., INR 1,50,000 by SBI, INR 50,000 by Eicher Motors).
Number of ScholarshipsVaries across programs and funding bodies. Typically, 1-2 students per category for corporate scholarships like Aditya Birla and OPJEMS. NBFA awards depend on the number of eligible applicants.
Selection CriteriaNBFA: Based on financial need, family assets, and disciplinary records. Merit-based scholarships: academic performance (CGPA), leadership potential, and interviews. Government schemes: Based on income thresholds and community eligibility.
Percentile RequirementsNo specific percentile for NBFA. Corporate scholarships require students to rank among top-performing candidates (e.g., top 25 for Aditya Birla).
Application ProcessApplicants must collect prescribed forms from the PGP/IPM office, complete all sections, and submit required documents. Some scholarships require additional steps like written tests, interviews, or statements of purpose.
Gross Family IncomeOnly students with an annual family income below INR 12,00,000 are eligible for NBFA. Government scholarships may have specific income caps as per policy.

Also Read: Lila Poonawalla Foundation Scholarship

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Objectives of IIM Indore PGP Scholarship 2025

IIM Indore PGP Scholarship 2025 operates with a single motive to help financially unstable students in pursuing and completing their education. Under this scheme, there are various scholarships and you can apply for the one that aligns with your needs. While applying for the scholarship, make sure to check out the eligibility criteria as there are different standards varying according to the different scholarships. However, the scholarship amount will be provided on the basis of your assets, your family’s income, and your disciplinary record. Make sure to apply for the scholarship and gain the perks with the scholarship amount.

Also Read: CARE Ratings Scholarship Scheme

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Types of Scholarships Offered by IIM Indore

The various types of scholarships available under IIM Indore PGP Scholarship 2025 are as follows:

Type of ScholarshipProviderBenefitsSelection Criteria
Need-Based Financial Assistance (NBFA)IIM IndoreThe percentage of the maximum aid decided annually is based on family income, assets, and disciplinary records.Financial need assessment through application and personal interaction.
Aditya Birla Group ScholarshipAditya Birla GroupThe specific amount awarded to 1-2 academically outstanding students. Renewal requires being in the top 25 based on CGPA for the first year.Selection through academic performance and personal interviews conducted by the Aditya Birla Group.
OPJEMS Scholarship OP Jindal GroupThe specific amount awarded to 1-2 students.Selection through written test and personal interview conducted by OP Jindal Group.
Citi Women's Leader AwardCitiSupport is based on leadership potential, as evaluated through the Statement of Purpose and interviews.Selection is made through application, statement of purpose, and interview.
IDFC FIRST Bank MBA ScholarshipIDFC FIRST BankA need-based scholarship will cover a portion of tuition fees for two years.Financial need assessment.
Government Scholarships for SC/ST StudentsMinistry of Social Justice, Ministry of Tribal Affairs, State GovernmentsReimbursement of tuition fees, fundable charges, and lodging. boarding, and study materials.Based on income thresholds and community eligibility.
Merit-cum-means Scholarship for Minority Students Ministry of Minority AffairsFinancial support for tuition and related expenses.Family income verification and minority status eligibility.
Scholarships for Differently-Abled StudentsDepartment of Empowerment of Persons with Disabilities (Divyangjan), Ministry of Social JusticeFull financial support, including tuition, lodging, boarding, and study materials.Based on income and disability status verification.
Mukhya Mantri Medhavi Vidyarthi YojanaMadhya Pradesh GovernmentFinancial assistance covers education costs for eligible students.Academic and income-based eligibility.
Rajarshee Sahu Maharaj ScholarshipGovernment of MaharashtraFull tuition fee reimbursement for eligible students.Income and community-based eligibility.
Industry-Sponsored ScholarshipCorporates such as SBI, Eicher MotorsAmounts such as INR 1,50,000 (SBI) and INR 50,000 (Eicher Motors)Determined by academic excellence or specific corporate selection criteria
Gold Medals and AwardsIIM IndoreAwards include the CSI Signature Award Gold Medal and the KK Alagh Gold Medal.Based on academic and overall performance.

Also ReadReliance Foundation Scholarship

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Eligibility Criteria for IIM Indore PGP Scholarship 2025

If you wish to benefit from the scholarship scheme, then you must meet the eligibility standards of IIM Indore PGP Scholarship 2025. Given below are the eligibility standards that you will need to meet while applying for different scholarships under this scheme:

Need-Based Financial Assistance (NBFA)

You can apply if you are pursuing a PGP, PGPH, and IPM and your family's yearly income must not exceed the amount of INR 12,00,000.

Aditya Birla Group Scholarship

If you make it to the list of the top academic performers from the first-year batch, then you can apply for this scholarship scheme.

OPJEMS Scholarship

If you are in the list of top 20 students from the second year on the basis of first-year CGPA, then you must apply.

Citi Women's Leader Award

This scholarship is exclusively available for female candidates. If you are a female student and possess leadership potential, you can apply.

IDFC FIRST Bank MBA Scholarship

In case you are pursuing PGP scholarships and struggling with your financial barriers, then you can apply for this scheme.

Government Scholarships for SC/ST Students

You must come from the SC/ST categories.

You need to satisfy the parental income criteria for the previous financial year.

Merit-cum-means Scholarship for Minority Students

If you belong to the minority category and are currently pursuing professional or technical courses also, you have an annual family income limit, then you can apply for this scholarship.

Scholarships for Differently-Abled Students

If you are pursuing a postgraduate degree or diploma program and have disabilities, then you can apply for this scholarship.

Mukhya Mantri Medhavi Vidyarthi Yojana

If you come from Madhya Pradesh and meet the criteria for academic and income criteria, then you can apply for this scholarship scheme.

Rajarshi Shahu Maharaj Scholarship

If you belong to the SC category from Maharashtra state and satisfy the income criteria, then you can apply for this scholarship program.

Industry-Sponsored Scholarship

You must be a topper and meet the specific academic or leadership criteria to be eligible for this scholarship amount.

Gold Medals and Awards

You will be eligible for this scheme if you are an impressive performer and qualify your academics with high grades.

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Application Process for IIM Indore PGP Scholarship 2025

In order to apply for the IIM Indore PGP Scholarship 2025, you will need to follow this stepwise process:

  • Confirm that you meet the eligibility criteria for the specific scholarship (e.g., NBFA, merit-based, or government-funded).
  • Verify criteria like family income, academic performance, leadership potential, or community status as required for the scholarship.
  • Collect the prescribed application form from the respective program office (PGP/IPM Office).
  • For corporate or government scholarships, refer to their official websites or portals for application instructions.
  • Correctly fill in all required details, including personal, academic, and financial information.
  • Ensure that your parent/guardian signs any required sections.
  • Include all necessary documents, such as income certificates, academic transcripts, caste/community certificates (if applicable), and proof of disability (if required).
  • Check the specific requirements for each scholarship. Submit the completed application form and supporting documents to the designated office via the specified channel.
  • Ensure submission is made before the deadline, as late or incomplete applications will not be considered.
  • For NBFA or corporate scholarships, prepare for written tests, interviews, or personal interactions as the selection process requires.
  • The scholarship committee or provider will notify you of the results after evaluating applications and conducting assessments.
  • For NBFA, the decision of the committee will be binding and final.

Also Read: Inlaks Shivdasani Foundation Scholarship

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Benefits of IIM Indore PGP Scholarships 2025

Some of the most notable benefits of IIM Indore PGP Scholarships 2025 are as follows:

  • The scholarship intends to reduce your financial burden as it will cover your tuition fees, lodging, and other academic expenses. It ensures that you can pay complete attention to your studies without worrying about financial hurdles.
  • With merit-based scholarships, like the Aditya Birla Group Scholarship and OPJEMS, you can receive great acknowledgement along with motivation to uphold high academic standards.
  • If you belong to economically disadvantaged backgrounds, underprivileged groups, and minority communities, you can opt for government and need-based scholarships that nurture inclusivity.
  • Through corporate-sponsored scholarships and awards, you can gain higher acknowledgement as it makes your resume robust and helps you stand out from the crowd among potential employers.
  • If you are a female candidate, you can get your hands on the Citi Women’s Leader Award and gain maximum benefits as it focuses on promoting leadership and gender equity.
  • Through the medium of differently-abled, you can gain access to equal opportunities despite being differently-abled and complete your education in an efficient manner.

Also ReadSSP Scholarship

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FAQs about IIM Indore PGP Scholarship

Are there scholarships available for differently-abled candidates in IIM Indore PGP Scholarship 2025?

Yes, there are scholarships available for differently-abled candidates in IIM Indore PGP Scholarship 2025. The Department of Empowerment of Persons with Disabilities (Divyangjan), Ministry of Social Justice has initiated this scheme to provide the same opportunities. Under this scholarship, students with disabilities who are pursuing postgraduate degree or diploma programs are eligible to apply. If you get selected for this scholarship then, you can have full financial support, including lodging, boarding, tuition, and study materials.

Does the Madhya Pradesh Government initiate any scholarship under IIM Indore PGP Scholarship 2025?

Yes, the Mukhya Mantri Medhavi Vidyarthi Yojana is launched by the Madhya Pradesh government under IIM Indore PGP Scholarship 2025. If you belong to the state of Madhya Pradesh and satisfy the needs of academic and income criteria, then you will be eligible to apply for this scheme. Moreover, in case you get selected for this scholarship, you will get monetary support to look after all of your educational expenses and other relevant costs.


 

Are there scholarships available for SC/ST students in IIM Indore PGP Scholarship 2025?

Yes, there are scholarships available for SC/ST students in IIM Indore PGP Scholarship 2025. This scholarship is funded by the Ministry of Social Justice, Ministry of Tribal Affairs, and State Governments. If you belong to the SC or ST category, and meet the standards of the income criteria for the last financial year, then you can apply for this scholarship scheme. With the help of this scheme, you will be able to pay for your tuition fees, boarding and study materials. or there will be reimbursement of fundable charges, and lodging.

 

What are the benefits of industry-sponsored scholarships at IIM Indore?

The benefits of industry-sponsored scholarships at IIM Indore, such as those from SBI and Eicher Motors, provide financial rewards, recognition, and a competitive edge in career advancement.

How can students apply for scholarships at IIM Indore?

To apply for scholarships at IIM Indore, students must collect the application form from the respective program office, fill it out accurately, attach necessary documents, and submit it before the deadline.

Are there merit-based scholarships available for IIM Indore students?

Yes, there are merit-based scholarships available for IIM Indore students. These are the Aditya Birla Group Scholarship, OPJEMS, and Citi Women’s Leader Award which are awarded to students demonstrating exceptional academic performance or leadership potential.



 

How is the NBFA selection process conducted for IIM Indore PGP Scholarship?

The NBFA selection process conducted for IIM Indore PGP Scholarship has two stages: 

Stage 1: Evaluation of the financial need based on the submitted application and supporting documents. 

Stage 2: Personal interaction with the NBFA Committee to verify application details and assess financial needs further.

Who can apply for the Need-Based Financial Assistance (NBFA) at IIM Indore?

All participants admitted to PGP, PGP HRM, and IPM programs with an annual family income below INR 12,00,000 can apply for the Need-Based Financial Assistance (NBFA) at IIM Indore. Students from EWS, SC, ST, OBC, or differently abled categories who meet the income criteria are also eligible.

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