IIM Lucknow – Indian Institute of Management Scholarships

IIM Lucknow Scholarships 2022

IIM Lucknow extends financial aid to the needy and deserving students to ensure that nobody is deprived of education. IIM Lucknow does its part in providing quality education to every student with scarce resources. Students are given proper financial assistance for following their dreams and studying in top B-schools and other education institutions.

Need Based IIML Scholarships

Need Based Scholarships are awarded based on exceptional academic performance along with the family income of the applicant. Any student including the reserved category ones, whose total annual gross family (self, parents, spouse) income is less than INR 4 LPA is eligible to avail the need based IIML Scholarship. 

The prospective students are chosen based on merit for a period of one academic year at a time. The applicant is required to adhere to the minimum stipulated academic performance criteria as decided by IIM Lucknow. Scholarship is provided in terms of fee waiver to the deserving and needy students.

Other Scholarship Options

Other than the need based IIML scholarships various other opportunities are available for the students who wish to receive a hand of help to pursue higher education. Various scholarship options as decided by the Central and State government can be availed for financial assistance. Different other bodies and companies also help the needy and meritorious students in every possible way by extending help in every possible way. Students can visit the official website of National Scholarship Portal (NSP) and State Government Portals to get further information about the different scholarship schemes available for help.

Fellow Programme Scholarships

Scholarships are also provided to the students who wish to do Ph.D. and gain further exposure to the relevant field. The following help options are available for the fellow programme candidates-

Fellowship Grant

• All resident Indian scholars admitted to the programme are given fellowship allowance up to four and a half years.
• Scholars are provided with a fellowship stipend of Rs. 35,000 per month during I and II year. The stipend will continue until the scholar’s successful clearance of Comprehensive Exam at the end of the II year.
• Third year onwards the stipend of Rs. 40,000 per month will be provided after the successful completion of comprehensive examination in III year.

Contingency Grant

• All resident Indian scholars admitted to the programme are given contingency allowance up to four and a half years.
• A contingency grant of Rs. 10,000 per annum in I and II year, and Rs. 15,000 per annum during III and IV year of the programme is provided to the students. This grant will be available for purchase of books, stationery, computer hardware etc.
• A one-time computer purchase grant of Rs. 50,000, which can be availed before the end of course work.

Conference Support

A conference grant of Rs. 1,40,000/- is provided to the students for:

• Attending one International conference after submitting the thesis proposal
• Attending one domestic conference each in III and IV year
• An additional travel grant of Rs. 10,000/- in III or IV year to attend domestic Doctoral Consortium or the proposed annual inter-IIM Doctoral Consortium/Doctoral consortia organized by IIMs/IISc/IGIDR.

Miscellaneous Financial Support 

• The annual membership fee (scholar/ student rates) of only one national and only one international professional society during III and IV year is reimbursed.
• Travel/boarding/lodging and local conveyance expenses for case-writing and field based research during III and IV year, subject to a maximum of Rs. 50,000 are reimbursed.
• The Institute also provides certain additional facilities for married FPM scholars whose families are residing on campus.