IBMR Business School, Gurgaon, offers a range of scholarship programs designed to support meritorious students, economically disadvantaged candidates, and those from diverse backgrounds. Scholarships at IBMR ease the financial burden on students while rewarding academic excellence and helping foster inclusivity. The scholarship framework encompasses merit-based, need-based, government schemes, and private sponsorships. This document details types of scholarships, eligibility criteria, application procedures, renewal norms, and duration.
These scholarships are awarded to students who demonstrate superior academic performance and leadership qualities. Based on entrance examination ranks (CAT, MAT, IBMR-MAT) or consistent academic excellence in prior studies, IBMR offers partial to full tuition fee waivers. Merit scholarships encourage high achievers to maintain academic and co-curricular standards throughout their tenure.
Designed to assist students facing economic hardships, need-based scholarships require submission of valid income certificates and proof of financial status. These scholarships typically cover tuition fees partially or fully, ensuring deserving students can continue their education uninterrupted regardless of financial challenges.
IBMR cooperates with various central and state government scholarship schemes intended for reserved categories such as SC, ST, OBC, EWS, and minority communities. These government-sponsored scholarships often cover tuition, examination fees, stipends, and sometimes living expenses. The institute supports students in registering and applying on platforms like the National Scholarship Portal (NSP).
IBMR has tie-ups with private organizations, NGOs, and corporate social responsibility (CSR) initiatives that sponsor scholarships. These focus on specific groups such as women, differently-abled candidates, and rural students. Apart from financial aid, some also offer mentorship, internships, and career guidance, fostering holistic development.
Merit-Based:
High ranks in national or institute-level entrance examinations, consistently excellent academic records in qualifying exams (10+2 or graduation).
Need-Based:
Family income below threshold limits (usually under ₹6 lakhs per annum), backed by government income certificates, and meeting minimum academic standards (around 50% marks).
Government Scholarships:
Must adhere to government-set eligibility including category certification, income limits, and enrollment in eligible programs.
Private/Corporate:
Criteria vary but mainly focus on merit, financial need, gender, social background, or community representation.
Applicants are encouraged to check specific scholarship notifications each year for updated criteria.
Identify Suitable Scholarships: Students should regularly monitor IBMR’s official scholarship portal, notice boards, and government websites to find applicable scholarships.
Documentation:Â Applicants must prepare income proof, academic records, category certificates, identity proofs, and entrance scorecards, scanned for online applications or in originals for offline.
Submission Process: Scholarship applications are typically submitted online via IBMR’s portal or the National Scholarship Portal. Some private scholarships require offline submission with affidavits and testimonials.
Verification and Interview:Â Selected candidates may be called for document verification sessions or interviews to confirm eligibility and sincerity.
Award Announcement:Â Scholarship awards are communicated via email or official notices, with the benefits applied as tuition fee deductions or direct stipends.
The IBMR scholarship cell actively assists students through application support, document verification, and counseling.
Scholarships at IBMR are renewable annually throughout the duration of the program but require:
Maintaining a minimum academic performance typically a CGPA of 6.5 or above.
Timely submission of updated income certificates and other required documents for need-based and government scholarships.
Continued compliance with institute codes of conduct and absence of disciplinary violations.
Renewal applications must be submitted within the notified timeline each academic year.
Failure to meet renewal criteria results in suspension or withdrawal of scholarship benefits.
Scholarship Name | Eligibility | Benefits | Application Process |
---|---|---|---|
Merit-Based Scholarship | High academic ranks or consistent excellent performance | Full/partial tuition fee waiver | Automatic based on exam scores and academic records |
Need-Based Scholarship | Verified low family income, minimum academic marks | Tuition fee reduction or waiver | Online application with income documents submission |
Government Scholarships | Reserved categories with income and academic criteria | Tuition fees, stipends, allowances | Apply via National Scholarship Portal with institute support |
Corporate/Private | Vary by sponsor, often focused on gender, community, or merit | Fee waivers, mentorship, internships | Application via IBMR or sponsoring body portals |
IBMR Business School’s scholarship framework exemplifies its commitment to academic excellence and equitable access, helping deserving candidates pursue management education without financial hurdles. With a supportive application process and clear eligibility criteria, IBMR scholarships significantly contribute to student success.