Financial assistance is provided to deserving candidates through various following schemes and scholarships.
IRMA Merit-based Scholarship: IRMA has instituted 20 merit-based scholarships worth Rs. 1.17 crore for the students of its flagship Post Graduate Diploma in Management (Rural Management) – or PGDM (RM). Out of the 20 scholarships, 10 would be given exclusively to female candidates. The scholarship amount will be up to 50% of the tuition fee. The scholarship in the first year will be based on the overall selection merit of IRMA’s admissions process, and in the second year it will be awarded based on the academic performance, i.e., the CGPA of the first year at IRMA.
Mirae Asset Foundation Scholarship*: The Mirae Asset Foundation awards scholarships to two deserving candidates from each year of the flagship Post Graduate Diploma in Management (Rural Management).
IDFC FIRST Bank MBA Scholarship*: The scholarship is provided to deserving students for the entirety of the Post Graduate Diploma in Management (Rural Management).
SC Scholarships*: This scholarship covers the entire cost of education of SC candidates are available at IRMA. The Ministry of Social Justice and Empowerment, Government of India has allocated 4 scholarships to IRMA for SC students. The scholarship covers tuition fees, non-refundable charges, lodging and boarding expenses, cost of books, stationery, and a personal computer (www.socialjustice.nic.in).
ST Scholarships*: A full scholarship is allocated for 5 ST candidates by the Ministry of Tribal Affairs, Government of India. The amount of the scholarship covers tuition fees, boarding and lodging expenses, book grant, and a one-time grant for the purchase of a personal computer (www.tribal.nic.in)
Tuition Fee Waiver (TFW) Scheme*: The Tuition Fee Waiver Scheme, as per the AICTE rules, is available at IRMA.
Educational Loans: Educational loans are available from various banks to candidates enrolling at IRMA. Canara Bank, Anand, United Bank of India, Anand, and Bank of Baroda, Anand provide student friendly education loan services for IRMA PGDM (RM) students
*Number of scholarships and Tuition Fee Waiver (TFW) scheme are based on year to year sanctions/approval from the concerned authorities.