IIM Sambalpur maintains an inclusive admissions framework to ensure financial constraints do not prevent qualified students from pursuing their management education. Eligible students can apply for national scholarship schemes through the National Scholarship Portal (NSP), including the Central Sector Scholarship Scheme of Top Class Education for Scheduled Caste and Scheduled Tribe students, which covers tuition, living costs, and study materials. Candidates belonging to OBC, EWS, and minority categories can access state post-matric schemes according to family income thresholds.