IIM Ranchi Scholarship 2026: Eligibility, Amount, and Types

IIM Ranchi offers scholarships from various ministries and also provides stipends for PhD students. Apart from that, IIM Ranchi also provides merit-cum-means scholarships to help meritorious and financially weak students. These scholarships are awarded to 25 students each year. Students looking to apply can check the details of the IIM Ranchi scholarships in the article below.

IIM Ranchi Merit-Cum-Means Scholarship

IIM Ranchi has recently launched a merit-cum-means scholarship to support deserving students. This scholarship aims to help meritorious but financially weak students access quality management education at minimal cost.

Also, this scholarship give extra consideration to differently abled students (divyangs) and those from SC/ST categories. This is to support meritorious students from diverse backgrounds at both undergraduate and postgraduate levels. Students looking to apply at IIM Ranchi, can check details of the scholarship below:

Student Eligibility: Open to students in MBA, MBA-Business Analytics, MBA-Human Resources Management, and Integrated Program in Management (IPM).
Annual Recipients: 25 students will benefit from the scholarship each year.
Financial Support: The total funding is Rs 1 crore annually, which will reduce the financial burden on students.

IIM Ranchi PhD Subsidy

IIM Ranchi provides a full tuition fee waiver for the entire Ph.D. program for doctoral candidates. Apart from that, students are also eligible for monthly stipends. Students can check the details of the IIM Ranchi PhD stipend below:

Monthly Stipend: INR 30,000 per month for the first two years, then INR 35,000 per month for the remaining period.
Accommodation:
- Rent-free housing for both bachelor and married single students on campus.
- Subsidized Two-Bedroom Housing: Married students can opt for 50% subsidized two-bedroom accommodation, subject to availability.

IIM Ranchi Central Scholarships

IIM Ranchi also offers central scholarships from different ministries. The details of the scholarships at IIM Ranchi are given below:

Category	Type	Ministry	Funding Pattern/ Financial Assistance
ST	National Fellowship and Scholarship for Higher Education of ST Students	Ministry of Tribal Affairs	Tuition Fees + Living Expenses + book and stationary cost + computer cost + Non-refundable dues
SC	Central Sector Scholarship for Top Class Education for SC Students	Ministry of Social Justice and Empowerment	Tuition Fees + Non-refundable dues + book and stationary cost + computer cost + Living Expenses
Minority	Merit Cum Means Scholarship For Professional and Technical Courses	Ministry of Minority Affairs	Course Fees + Maintenance Allowance
PWD	Scholarships for Top Class Education for Students with Disabilities	Dept. of Empowerment of Persons with Disabilities, Ministry of Social Justice and Empowerment	Maintenance allowance + Book allowance + Reimbursement of Compulsory Non- refundable fees + Disability Allowance

IIM Ranchi State Scholarships

Apart from central and institute scholarships, students can also apply for state scholarships at IIM Ranchi. The details are given below:

State	Scholarship	Eligibility
Madhya Pradesh	Mukhya Mantri Medhavi Vidyarthi Yojana	^·75%+ in 12^th · MP domicile · Income ≤ INR 6 lakh
Rajasthan	Post-Matric Scholarship	· SC/ST/OBC · Rajasthan domicile
Chhattisgarh	Post-Matric Scholarship	· SC/ST/OBC · Income-based
Maharashtra	Rajarshi Chhatrapati Shahu Maharaj Shikshan Shulkh Shishyavrutti Yojna	-
Uttar Pradesh	UP Post-Matric Scholarship	· SC/ST/OBC · Income-based
West Bengal	Swami Vivekananda Merit- Cum Means Scholarship	· WB domicile · Income < INR 2.5 lakh
Bihar	Post-Matric Scholarship	· SC/ST/OBC · Income-based
Jharkhand	E-Kalyan Scholarship	· SC/ST/OBC · Income-based · JH domicile

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Frequently Asked Questions

Ans. IIM Ranchi offers 3 scholarships. It offers merit-cum-means scholarships, central scholarships, and PhD stipends.

Ans. Scholarship funds are awarded based on merit after students meet eligibility criteria set by different ministries. Additionally, financial assistance is available through various scholarship schemes from UGC, AICTE, State Government, Dept. of Higher Education, and Ministry of Home Affairs for eligible students pursuing professional courses at the institute.

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