Updated On : March 17, 2023
Summary: IPMAT Fee Structure & Scholarship provides a comprehensive and flexible framework for students to manage their educational expenses and create a path for future success. Let's check the IPMAT Fee Structure and Scholarship 2023.
The Integrated Program in Management (IPM) is one of the most prestigious, with significant courses for students who have just completed their 10 + 2 grades and are looking for a good career option in management.
Admission to the IPM programs depends on the score and performance of the candidate in the Integrated Program in Management Aptitude Test (IPMAT).
It's a 5-year full-time integrated course in management (BBA + MBA), and this year, around 20k-25k students will appear for the IPMAT Exam for 120 seats.
So do you get any scholarships to study at IIMs? What is the IPM Indore fee structure? Is it affordable to study at IIMs?
The article answers all details about the IPMAT Fee Structure and Scholarship offered.
Indian students will have to pay 18,2000 for one semester.
The IIM IPM fees structure for students who belong outside the country, i.e., international applicants, must pay 26,7000 for one semester.
View the document below to know the exact fee IIM Indore IPM course fee structure information available in the official Brochure.
Check: Short tricks to prepare for the IPMAT exam from class 11
The Scholarship Program offered at the college is given below:
The Need-Based Financial Assistance (NBFA) is a scholarship scheme in which each and every shortlisted student can avail themselves.
The main objective of the Need-Based Financial Assistance (NBFA) at IIM Indore is to ensure that no participant is deprived of education at the institute for financial reasons.
This scholarship scheme has been running for many years by the IIM Indore.
Also, note that the coaching centre of SuperGards is offering an AISAT scholarship; you can get a discount for IPM Coaching 2023-2024
Also, be sure to take mock tests to know where you stand with your IPMAT preparations.
Check: Right time to start preparing for the IPMAT exam
The IPMAT Fee Structure and Scholarship offered by the IIMs have special processes that every student needs to follow.
Here is how you can access the IPMAT Fee Structure and Scholarship from IIMs-
NBFA (Need-based Financial Assistance) scheme provides financial assistance based on the family income and movable assets the family holds.
The below table will show all the details regarding that.
|S No.||Family annual Income from all sources per annum Rs.||Any other condition which will be considered before sanction and render the participant ineligible||NBFA educational loan interest reimbursement||Other Benefits|
|1.||Up to Rs. 4,50,000/-||Movable assets like FDs / shares above Rs.10,00,000 and car ownership.
Ownership of any asset, not more than 600 sq. ft.
|100% of the interest reimbursement of the educational loan amount actually withdrawn from the bank for paying the fees to IIM Indore.||Rs.4,500 /- monthly for 10 months towards mess fee reimbursement in a year. Or Rs.1,000 /- per month reimbursed for internet connection if not on campus due to Covid -19 situation.|
|2.||Rs. 4,50.001/- to 9,00,000/-||Ownership of building not more than 600 sq. ft.
Movable assets like FDs / shares above Rs.10,00,000 and car ownership.
|50% of the Interest reimbursement of the educational loan amount actually withdrawn from the bank for paying the fees to IIM Indore.||NIL|
The Indian Institute of Management Rohtak (IIM Rohtak) is one of the country's top management institutes, offering a range of courses in management. The fee structure for the various programs the institute offers is given below.
Check: Short trick to managing IPMAT exam and board exam
The Indian Institute of Management Ranchi (IIM Ranchi) is again one of the country's top management institutes, offering a range of courses in management.
The fee structure for the various programs the institute offers is given below.
Note that IIM Ranchi accepts IPMAT Indore scores.
IPM is costly; you must not blindly opt for it without knowing the IPMAT Fee Structure and Scholarship programs.
The fees for the program are very high compared to all other colleges. However, every bank offers loans at lower interest rates.
Lastly, scholarship programs allow students to pursue their dreams regardless of their financial circumstances.
Frequently Asked Questions
What is the definition of Family as per NBFA?
What are the required documents to be submitted for earning members?
What is the fee structure of the IPM program offered by the IIM Indore for Indian citizens only?
What is the fee structure of the IPM program offered by the IIM Indore for International applicants?
How many applicants appeared this year for the IPMAT entrance examination conducted by the IIM Indore?