IIM Udaipur Scholarships

Scholarships are a way to support the candidates who are willing to study but lack behind in terms of monetary availability. There can be different types and kinds of scholarship programmes for the students depending upon the choice, interest and availability of the institution. IIM Udaipur however, offers different scholarships for the students who are in need and have the merit to occupy the IIM Udaipur seat. The Indian Institute of Management Udaipur Scholarships helps students to pursue the postgraduate programme they want to without any financial restrains. The scholarship programmes are segregated based on different parameters decided for the students.

There are two major categories of IIMU Scholarships available for the students of post graduate programme. These scholarships are defined based on the recommendation and needs of the different sections and categories of the society. Given below are the IIM Udaipur Scholarships.

Government of India (GOI) Scholarships

These scholarships are distributed to students based on the norms defined by the Government of India. Mentioned below are the different GOI Scholarships available at IIMU.

• Scholarships for Scheduled Castes Students: These scholarships are for the students who belong to the Scheduled Castes (SC) category. The provisions for this scholarship has been directed by Ministry of Social Justice and Empowerment under the Central Sector Scholarship Scheme of Top Class Education for Scheduled Castes Students.
• Scholarships for Scheduled Tribes Students: Scholarships of this type fall under the Central Sector Scholarship Scheme of Top Class Education for Scheduled Tribes Students. As the name suggests, the scholarship can be availed by the candidates of Scheduled Tribes (ST) category. Initiated by the Ministry of Tribal Affairs, a number of students have been awarded with this scholarship till date.
• Scholarships for Disabled Students: The scholarship of this type is the result of the efforts implemented by the Department of Empowerment of Persons with Disabilities of the Ministry of Social Justice & Empowerment. Under the Scheme of Scholarship for Top Class Education for Students with Disabilities, students with certain disabilities are awarded with this IIMU Scholarship. 
• Scholarships for Minority Community Students: Scholarships for the students belonging to the minority communities are awarded based on the parameters set under the Merit cum Means based Scholarship Scheme. Students good in academics and belong to the minority community and are in need of financial help become eligible for this scholarship. The regulation has been taken in record by the Ministry of Minority Affairs.

Government of Rajasthan Scholarships

The scholarship of this type is given to the students who are permanent resident of state of Rajasthan. The scholarship has been recognised under the Mukhya Mantri Sarvajan Uchcha Shiksha Scheme. Students for this scholarship will be selected if they have the merit and need for the scholarship and are considered to be apt for the defined programme of IIMU.

Apart from the defined scholarships the Indian Institute of Management Udaipur, also provides separate Financial Assistance to its students. With an intention to help the financially deprived students and promoting education in the society, the institution has introduced this Financial Assistance Programme. The eligible students are the ones with annual family income less than Rs 4,50,000. Students with major financial problems can also apply for this Financial Assistance provided with all relevant and asked documents. 

The assistance will be given considering all the facts and figures submitted by the students at the time of admission. The Financial Assistance will be given in terms of tuition fees waiver considering the needs and conditions of the students. In order to avail this assistance, students will have to fill in the Financial Assistance Application Form Online and submit it with the scanned copies of the asked documents on or before the last date. 

Education Loan

In order to take admission in the institution of repute, students prefer to take education loan and get help and support to complete their desired course. Students coming to take admission in Indian Institute of Management Udaipur, also prefer to take educational loans to complete their course. In order to help these students, a number of Indian banks have come up with their prescribed rules and regulation regarding education loan. Students as per their choice of interest can select any Indian Bank and proceed further with the education loan procedures. It is to note that the interest rate and amount of loan may vary from one bank to another as selected by the students. IIMU education loan provided by the selected bank can be used for waving the tuition fees off and continue studying in the prestigious institution.

Other Scholarships

• The Hans Foundation (THF) and IIM Udaipur (IIMU) has partnered to offer scholarships to first year female students of IIMU’s 2-year MBA Program for the year 2023-25, continuing for 2024 also. The Hans Foundation (THF) was established in 2009 to support development at the grassroots and improve the quality of life of underprivileged communities across rural India. The main areas of intervention of THF are in Education, Health, Livelihoods and Disability. THF’s Strategic planning focuses on key areas of its work with the aim of addressing the key issues of poverty alleviation, economic inequalities, and 360° impact on the quality of life through social development programs. Over the years, THF has expanded its charitable activities in collaboration with State and Central Governments, institutions, corporates, academia, and non-government organizations for sustainable interventions to achieve scale and economy.
• Mirae Asset Foundation (MAF) Scholarship offered by Mirae Asset Foundation to the meritorious and needy students of the first year & second year of MBA whose combined family income is less than Rs. 8 lakhs. Scholarship amount of Rs. 5, 00,000/- per student will be awarded on the basis of interview conducted for the shortlisted candidates by the MAF.