IIMK has instituted one scholarship awarding a 50% and two scholarships awarding a 25% fee waiver as scholarships for every 10 students. Accordingly, three participants in the PGP program, one in PGP LSM and one in PGP Finance would be eligible for a waiver of 50% of their fees. Similarly, six participants in the PGP program, two in PGP LSM and two in PGP Finance would be eligible for a 25% waiver of fees.

The criteria for preparing the scholarship rank list.

1. 50% weight for GMAT/CAT overall score performance
2. 30% for the performance in personal interviews conducted by the IIMK panel for selection to the program.
3. 20% weightage to be given to candidates coming with limited means.

Application and processing of scholarships

1. Admission office will issue the offer letter and IR office will issue the scholarship application to the candidates. The scholarship application is to be filled and submitted along with the seat confirmation payment.
2. The selection process for the scholarship will be completed within 15 days after closing the admissions to all the programmes.

Eligibility and disbursement of Scholarship

1. Only foreign nationals are eligible for applying to this scholarship (NRI candidates admitted through the supernumerary quota are not eligible for this scholarship)
2. The scholarships will be issued as a fee waiver of 50% and 25% as applicable
3. As per Institute rules, a student cannot avail more than one scholarship/stipend during the same academic year and if he/she is awarded with any other scholarship/stipend over and above the IIMK scholarship in the same academic year, he/she is required to refund the scholarship awarded by the Institute/or other respective agency.