IIM Ranchi is one of India's top business schools. IIM Ranchi offers a variety of scholarship programs through various Departments and Ministries of the Government of India, including National Fellowship and Scholarship for Higher Education of ST Students, Merit-based Minority Community Scholarship Scheme, Central Sector Scholarship Scheme of Top Class Education for SC Students, Scheme of Scholarship for Top Class Education for Students with Disabilities, and Pradhan Mantri Uchchatar Shiksha Protsahan (PMUSP).

IIM Ranchi Scholarship: Amount

Given below are the details of the IIM Ranchi Scholarship Amount:

 Scholarships Name Scholarship Amount (in INR)
National Fellowship and Scholarship for Higher Education of ST Students 31,000
Merit-cum means based Scholarship Scheme belonging to the Minority Communities 20,000
Central Sector Scholarship Scheme of Top-Class Education for SC Students N.A.
Scheme of Scholarship for Top Class Education for Students with Disabilities. Up to 2 lakhs per year
Pradhan Mantri Uchchatar Shiksha Protsahan (PM-USP CSSS) Yojana- Department of Higher Education 12,000 (Graduation Level) 20,000 (Post Graduation Level)

IIM Ranchi Scholarship: Eligibility Criteria

Given below are the eligibility criteria for the IIM Ranchi Scholarship:

 Scholarships Name Eligibility Criteria
National Fellowship and Scholarship for Higher Education of ST Students
  • These scholarships give financial assistance to ST students pursuing higher education courses such as MPhil, Ph.D., or combined M.Phil + Ph.D.
  • National Fellowship Scholarships require a minimum aggregate of 55% at the postgraduate level from an accredited institution.
  • Students who are eligible for IIM Ranchi Scholarships are chosen on the basis of their merit.
  • There is no minimum income requirement for students who are eligible for National Fellowship Programmes.
  • The maximum age should be 36 years old as of July 1st of the relevant year of scholarship granting.
Merit-cum means based Scholarship Scheme belonging to the Minority Communities
  • The Merit-cum means-based Scholarships provide financial assistance to impoverished and deserving students from minority groups who want to attend professional and technical courses.
  • Students must have an overall grade point average of greater than 50% (or an equal grade in the preceding final test).
  • The total yearly income of a student's parents/guardians should not exceed INR 2.50 lakhs.
  • Minorities such as Muslims, Sikhs, Christians, Buddhists, Jain, and Zoroastrians (Parsis) are eligible to apply for IIM Ranchi Scholarships under Section 2 (c) of the National Commission for Minorities Act, 1992.
Central Sector Scholarship Scheme of Top-Class Education for SC Students
  • CSS Scheme offers financial assistance to deserving students from SC backgrounds who want to pursue degree programs.
  • To be eligible for the CSS Scholarship, students must have an annual family income of up to INR 4.5 lakh.
  • This scholarship covers tuition costs, non-refundable charges, accommodation and boarding expenses, books and stationery charges, and the cost of IT equipment for the first year as compensation.
  • When the scholarships are launched, eligible students may apply via the NSP Portal.
Scheme of Scholarship for Top Class Education for Students with Disabilities.
  • This fellowship is available to students with disabilities (SwD) who are enrolled in a graduate or postgraduate course at an authorized institution.
  • Students experiencing an average family income of less than INR 6,00,000/- per year are eligible to apply.
  • Under the specified arrangement, there are 300 scholarship seats available.
Pradhan Mantri Uchchatar Shiksha Protsahan (PM-USP CSSS) Yojana- Department of Higher Education
  • Students having a family income of up to Rs. 4.5 lakh per year are eligible for the scheme's scholarship.
  • Students who score at least 50% in the Final Examination and maintain at least 75% attendance will be eligible for scholarship renewal the following year.

IIM Ranchi Scholarship: National Fellowship and Scholarship Amount

Given below are the details of the National Fellowship and Scholarship Amount:

Course Stream Scholarship (in INR) Contingency Annually (in INR)
M.Phil Humanities and Social Sciences 31,000 /- 10,000 /-
Science / Engineering Technology 12,000 /-
Ph. D Humanities and Social Sciences Rs.31000/- for the first two years and Rs.35000/- for the remaining 3 years 20,500 /-
Science / Engineering Technology 25,000 /-

IIM Ranchi Scholarship: Merit Cum Means Scholarship- Reimbursement Amount

Given below are the details of the Merit Cum Means Scholarship- Reimbursement Amount:

Item Existing Amount
Course Fee INR 20,000/- per annum (for both Hosteller & Day-Scholar)
Maintenance Allowance INR 1,000/-* per month (Hosteller) INR 500/-* per month(Day Scholar)

IIM Ranchi Scholarship: Scheme of Scholarship Amount

Given below are the details of the Scheme of Scholarship Amount:

Components of Scholarship Rates per Awardee
Reimbursement of tuition fees and non-refundable charges Up to INR 2.00 lakh - per annum
Maintenance Allowance INR 3,000 /- per month for hostellers, INR 1,500/- per month for day-scho
Special Allowances (related to types of disabilities like reader allowance, escort allowance, helper allowance, etc.) INR 2,000 per month
Books and Stationary INR 5,000 /- per annum
Reimbursement of expenses- Purchase of a computer with accessories INR 30,000/- as a one-time grant for the entire course.
Reimbursement of expenses- Purchase of Aids and Assistive Devices including necessary software related to the particular disability INR 30,000/- as a one-time grant for the entire course.

IIM Ranchi Scholarship: Pradhan Mantri Uchchatar Shiksha Protsahan (PM-USP CSSS) Yojana Amount

Given below are the details of Pradhan Mantri Uchchatar Shiksha Protsahan (PM-USP CSSS) Yojana Amount:

Qualification Scholarship Amount (in INR)
Graduation 12,000
Postgraduate 20,000
Integrated Courses (5 years) 20,000 in 4th and 5th year

IIM Ranchi Scholarship: FAQs

Ques. What are the different sorts of scholarships available at IIM Ranchi?

Ans. The Government of India offers a variety of scholarships for students at IIM Ranchi, including SC/ST, SwD (Students with Disabilities), and others.

Ques. What is the scholarship amount for IIM Ranchi Scholarship for SwDs?

Ans. The Scheme of Scholarships for Top Class Education for Students with Disabilities provides course cost reimbursement of up to INR 2 lakhs. Maintenance (INR 3,000) and equipment expenses, special allowances (INR 2,000), and so on are extra charges.

Ques. How can candidates apply for IIM Ranchi scholarship?

Ans. The majority of the Government of India scholarships provided at IIM Ranchi are accessible online, and students may apply via the official NSP webpage.

Ques. Is there a Prime Minister's Scholarship Scheme for IIM Ranchi students?

Ans. Students studying graduation or postgraduate courses may apply for the Pradhan Mantri Uchchatar Shiksha Protsahan Yojana, often known as the PM-USP CSSS Scheme, from the Government of India.

Ques. What is the minimal family income needed for IIM Ranchi Scholarship?

Ans. Scholarships such as the Central Sector Scholarship Scheme for Top Class Education and others demand a family's income of INR 4,50,000/- per year. Similarly, to be eligible for the Pradhan Mantri Uchchatar Shiksha Protsahan (PM-USP CSSS) Yojana-Department of Higher Education, students must have a family income of less than INR 4.5 lakhs per year.