IPMAT Indore Fees and Scholarship: Integrated Programme in Management (IPM) at IIM Indore offers high-quality education along with financial support for deserving students. Candidates from low-income families can apply for Need-Based Financial Assistance (NBFA), which provides two levels of support based on family income and assets. The IPMAT fees IIM Indore cover tuition, accommodation, library and internet access, and other academic resources. Indian students pay ₹5,00,000 per year for the first three years, while international students pay ₹7,50,000 per year.
These IPMAT Indore fees scholarship options ensure that talented students can access world-class management education without financial barriers, making the program more inclusive and supportive.
The goal of this IPMAT scholarship is to make sure everyone can study at IIM Indore, even if they don't have a lot of money. Students can also get loans without needing to give any valuable things as collateral. Banks like State Bank of India and Central Bank of India have good loan plans.
There are different kinds of scholarships you can apply for, like Aditya Birla Scholarship, OPJEMS Scholarship, and State Bank of India Scholarship.
IIM Indore supports students in the Integrated Programme in Management (IPM) with financial assistance and scholarships. Here's what you need to know:
Fees for IPM:
For Indian students, it's INR 5,00,000 per year for the first three years. International students pay INR 7,50,000 per year. Fees for the last two years are like the Post Graduate Programme in Management (PGP).
Need-Based Financial Assistance (NBFA):
This IPMAT fees IIM Indore scholarship provides support based on family income and assets. It can cover up to 100% of tuition fees, assist with meals, and support expenses for exchange programs.
Other Scholarships:
There are different scholarships available, like ones for SC/ST students, minorities, and others. Some are Aditya Birla Scholarship, OPJEMS Scholarship, State Bank of India Scholarship, and Eicher Scholarship. These scholarships are applicable for the entire five-year IPM course at IIM Indore.
Education Loans:
Students at IIM Indore can get loans up to Rs. 40 lakhs without needing to give valuable things. The interest rate is 6.85% per year. Different banks have different interest rates.
How to Apply:
Students need to fill out an application form to avail IPMAT scholarship or NBFA. The application process usually begins in July/August.
IPMAT Indore Fees and Scholarship | ||
Help with Money for Studies | Who Gets It | What It Helps With |
Financial Aid (NBFA) | Based on family money and stuff owned | Gets money to make sure education is not hard because of not enough money |
Loans Without Needing Stuff | From banks like SBI, CBI | Gets support with money through good loan plans |
Different Scholarships | Aditya Birla, OPJEMS, SBI, and more | Different ways to get money for studies if you qualify |
Course Fees (Indian Students) | Rs. 5,00,000 per year (first 3 years) | Covers staying, using the library, internet, and classes |
Course Fees (International) | Rs. 7,50,000 per year | Same good stuff as Indian students, helping everyone learn |
IIM Indore supports students with limited finances through Need-Based Financial Assistance (NBFA). Families earning less than ₹9 lakh per year can apply. The NBFA Committee decides who gets help and how much.
The Integrated Programme in Management (IPM) is a five-year course combining undergraduate and postgraduate studies. Students may also receive scholarships based on academic performance, family income, or other criteria. These scholarships can come from the institute, companies, alumni, or other organizations. The aim is to make sure no student misses out on education at IIM Indore due to financial difficulties. The table below highlights IPMAT Indore Fees:IPMAT Indore Fees Highlights | ||
IPM Course Year | Fees (per year) | Accommodation Arrangement |
First three years | Rs. 4,00,000 | Shared housing arrangement |
Fourth and fifth years | Rs. 8,00,000 | Single-room accommodations |
Total Program Cost | Rs. 28,00,000 |