Indian Institute of Management Nagpur (IIM Nagpur)

#25th NIRF 2025 (Management)📍 Nagpur, Maharashtra

Indian Institute of Management Nagpur (IIM Nagpur) Scholarship 2026 Financial Aid, Merit & Category Scholarships

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Avg Package

18.07 LPA

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Highest Pkg

69.57 LPA

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Institute Type

Public

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Total Courses

5 Courses

IIM Nagpur supports meritorious students and students from economically weaker backgrounds in its two-year full-time MBA through two institute scholarships. The IIM Nagpur Merit Scholarship is for the top ten scorers who secure 95 percentile or above in CAT, and the IIM Nagpur Need-cum-Merit Scholarship is for candidates whose family income is below Rs 8 lakh. In total 20 scholarships are awarded each year, with 10 of each type, and selected students receive a complete waiver of the tuition fee for the two-year programme. The application process begins during the first year through an internal process, and the scholarship policy is released once the academic year begins.

Scholarships & Financial Aid

Information regarding scholarships and financial aid opportunities provided by the institute.

Available Scholarships

Scholarship Name	Eligibility Criteria	Award Amount
IIM Nagpur Merit Scholarship	Top ten scorers securing 95 percentile or above in CAT, flagship MBA (2-year full-time)	Complete waiver of tuition fee for the two-year programme
IIM Nagpur Need-cum-Merit Scholarship	Flagship MBA candidates with family income below Rs 8 lakh; 10 scholarships are awarded (20 in total with the Merit Scholarship)	Complete waiver of tuition fee for the two-year programme
Government of India and State Government Scholarships (SC/ST/OBC/EWS and others)	Eligible students under Central Sector Scheme of Top Class Education for SC, National Fellowship for ST, PM YASASVI for OBC/EBC/DNT, Maharashtra schemes such as Dr. Panjabrao Deshmukh Sarathi and Rajarshi Shahu Maharaj Scholarship, and other state schemes	As per the respective scheme guidelines (apply via National Scholarship Portal / MahaDBT)

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Scholarships and Financial Aid at IIM Nagpur

Scholarship Summary
Scholarship	Eligibility	Benefit
IIM Nagpur Merit Scholarship	Top ten CAT scorers with 95 percentile or above	Complete tuition fee waiver for two years
IIM Nagpur Need-cum-Merit Scholarship	Family income below Rs 8 lakh	Complete tuition fee waiver for two years
K S Cheema Group Need-cum-Merit Scholarship (2024-25)	Same eligibility as the Need-cum-Merit Scholarship	Rs 10 lakh over two years
Central and State Government scholarships	SC, ST, OBC, EWS and other eligible categories	As per scheme guidelines

Students can also apply for government scholarships such as the Central Sector Scheme of Top Class Education for Scheduled Castes, the National Fellowship and Scholarship for Higher Education of ST Students, and the PM YASASVI scheme for OBC, EBC and DNT students. Maharashtra students can look at the Dr. Panjabrao Deshmukh Sarathi Higher Education Domestic Scholarship Scheme, the Rajarshi Shahu Maharaj Scholarship for SC students and other schemes on the MahaDBT portal. Students from other states can look at schemes such as the Gujarat SC Post Matric Scholarship, the Odisha Krishi Vidya Nidhi Yojana and the credit card schemes of Bihar and West Bengal.

The institute also encourages students to explore external scholarships. Scholarships that IIM Nagpur students have applied for in the past include the Federal Bank Hormis Memorial Foundation Scholarship, the IDFC First Bank Scholarship, the ONGC Foundation Scholarships and the Tata Steel Millennium Scholarships. Applicants should check the eligibility, income limits and last dates on the National Scholarship Portal and the websites of the respective organisations.

Education loans are another way to finance the programme. Banks such as PNB, ICICI Bank, SBI, Canara Bank and Central Bank of India offer loans for IIM Nagpur students, and the PM-Vidyalaxmi scheme provides collateral-free and guarantor-free loans with interest subsidy for eligible students. The institute advises candidates to finalise loan arrangements soon after receiving the offer letter. To compare the amount of support with the cost of the programme, readers can visit the fees page.

Since the amounts and eligibility rules of scholarships can change every year, candidates should confirm the current rules from the admission policy of the institute. Students who want to understand the career outcomes that help in loan repayment can read the placement page.