IIFT Delhi Scholarship Details

Need-Based Scholarship Scheme

• Details: Pays interest subsidy on educational loan for 27 months.
• Eligibility: Family income should be less than INR 6 Lakhs per year.

New Scholarship Scheme (NSS)

• Details: Covers 10% of students with a scholarship amounting to 20% of tuition fees.
• Features & Criteria:
  • Applicable to 10% of students admitted to regular programs.
  • Scholarship amount is 20% of tuition fees for all full-time/regular courses.
  • Selection is based on means-cum-merit with 70% weightage to means and 30% weightage to merit.
  • Family income from all sources should be less than INR 8 Lakhs per annum.
  • Scholarships are disbursed after the completion of the full-time program.
  • If eligible students exceed available scholarships, those with higher scores will be awarded.
  • Score Calculation:
    • Income up to 5 Lakhs: 100% score, CGPA 3.50 or more.
    • Income 5 to 6 Lakhs: 90% score, CGPA 3.00 to 3.49.
    • Income 6 to 7 Lakhs: 80% score, CGPA 2.50 to 2.99.
    • Income 7 to 8 Lakhs: 70% score, CGPA 2.00 to 2.49.

Scholarships Offered by Government of India

• Details: Various central and state-level scholarships are available to students.
• Criteria:
  • Income up to 5 Lakhs: 100% score, CGPA 3.50 or more.
  • Income 5 to 6 Lakhs: 90% score, CGPA 3.00 to 3.49.
  • Income 6 to 7 Lakhs: 80% score, CGPA 2.50 to 2.99.
  • Income 7 to 8 Lakhs: 70% score, CGPA 2.00 to 2.49.

Scholarships Offered by Other Organizations

• Exim Bank Scholarship:

  • Details: Awarded to the topper among the reserved category (SC/ST) students at IIFT.
  • Amount: Equivalent to the tuition fees paid by the reserved category student in the 1st year of the 2-year full-time MBA program in International Business, up to a ceiling of INR 3.5 Lakh.

• OPJEMS Scholarship:

  • Details: Merit-based scholarship for MBA (IB) students of 1st and 2nd year at the Delhi campus.
  • Eligibility: First 10 toppers from the 1st year (based on cumulative score of the selection process) and first 10 toppers from the 2nd year (based on GPA of the previous academic year) are nominated by the institute.
  • Selection: Based on an online test and interview conducted by OP Jindal Group.
  • Amount: INR 1.50 Lakhs.