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IIFT Kolkata provides students with various scholarship schemes, including a Need-Based Scholarship for interest subsidy on educational loans and a New Scholarship Scheme for 20% tuition fee waiver. The institute also facilitates access to government scholarships like the Central Sector Scholarship for SC/ST students, scholarships for disabled students and Merit-cum-Means based scholarships.

iift kolkata scholarships application process

Candidates interested in learning about IIFT Kolkata scholarships can check out the article below.

IIFT Kolkata Scholarship List 2026

IIFT Kolkata offers a Need-Based Scholarship Scheme and a new scholarship scheme to serve candidates based on merit and need. Given below are IIFT Kolkata scholarships.

Need Based Scholarship

  • IIFT Kolkata Need-Based Scholarship Scheme.
  • The scholarships provide an interest subsidy on educational loans for 27 months.
  • The scholarship is applicable to MBA(IB) full-time program students with a family income under INR 6.00 lakh per year.
  • The annual loan amount is revised based on fees and expenses.
  • The scholarship does not apply to students enrolled from AY 2023 onwards.

New Scholarship Scheme

  • IIFT Kolkata is launching a new scholarship scheme, covering 10% of students with 20% tuition fees in all Full-Time/Regular batches of courses such as MBA (International Business), MBA (Business Analytics), A. (Economics), and IPM Programs.
  • The criteria will be based on a "means-cum-merit" approach, with 70% weighting given to means and 30% to merit, i.e., total CGPA scores post-program completion.
  • Students with family income below INR 8 LPA are eligible for the scholarship scheme.
  • The scholarship will be awarded after the course
  • Eligible students with equivalent scholarship amount from other sources are not eligible, and if the scholarship amount is less, the balance amount will be payable.
  • If the number of eligible students exceeds the number of scholarships in a particular batch, students with higher scores will be awarded the scholarship.
  • Given below is a tabular representation of the new scholarship scheme based on the amount and scores of the applicants.
IncomeScore givenCGPA (Merit)Score given
Up to INR 5 lakhs100%3.50 or more100%
INR 5 to INR 6 lakhs90%3.00 to 3.4990%
INR 6 to INR 7 lakhs80%2.50 to 2.9980%
INR 7 to INR 8 lakhs70%2:00 to 2.4970%

IIFT Kolkata Scholarship Offered by Central Government

The Indian government provides various central and state-level scholarships to students, with details and application processes available on the National Scholarship Portal. Currently, Full-Time IIFT students can access these central scholarships through the portal.

Given below is a detailed tabular representation list of scholarships offered by the Central Government.

Name of the scholarshipScholarship Offered
Central Sector Scholarship of Top Education

· The Ministry of Social Justice & Empowerment in India provides a Central Sector Scholarship for top-class education to SC students based on their annual parental income.

· The scholarship covers tuition fees, living expenses, books and stationery, and one-time assistance for a computer/laptop.

Central Sector Scholarship for Higher Education

· The Ministry of Tribal Affairs in India provides a Central Sector Scholarship for Higher Education to ST students based on their annual parental income.

· The annual family income should not exceed INR 4.5 LPA.

Merit-cum-Means based Scholarship

· The Ministry of Minority Affairs in India provides a merit-cum-means scholarship to minority students based on their annual parental income.

· The annual family income should not exceed INR 2.50 LPA

Top Class Education scholarship for students with benchmark disabilities.

· The Department of Empowerment of Persons with Disabilities, Government of India, is offering a top-class education scholarship to students with benchmark disabilities.

· The annual family income should not exceed INR 6 LPA.

· Applicants will receive books, living expenses, stationery, etc.

Central Sector Scholarship Scheme of Top-Class Education in College

· The Ministry of Social Justice & Empowerment in India offers a Central Sector Scholarship Scheme for top-class education in colleges based on annual parental income.

· The scholarship covers tuition fees, living expenses, books and stationery, and one-time assistance for a computer/laptop.

IIFT Kolkata Scholarships offered by other organizations

Given below is a tabular representation of scholarships offered by other organizations at IIFT.

Name of the scholarshipEligibility
Exam Bank Scholarship

· Exim Bank Scholarship for SC/ST Students at IIFT was established in 1985.

· Scholarship equals first-year tuition fees for the two-year Full-Time MBA Program in International Business.

· The Maximum scholarship amount offered to deserving applicants is INR 3.5 Lakh.

OPJEMS Scholarship

· OPJEMS Scholarship is a Merit-based scholarship for MBA(IB) students.

· The first ten toppers from the 1st and 2nd year were nominated by the Institute.

· The Selection is based on an online test and interview by the OP Jindal Group.

· Students will receive an INR 1.50 lakh scholarship.

IIFT Kolkata Scholarships: How to apply?

Below is IIFT Kolkata scholarship step by step application guide.

  • Step 1: Applicants are required to visit the official scholarship portal.
  • Step 2: Register and make a profile.
  • Step 3: Upload the documents.
  • Step 4: The scholarship committee will go through the application forms.
  • Step 5: Once shortlisted, applicants will receive a scholarship confirmation email.

Documents Required

  • Marksheets
  • Aadhar Card
  • PAN Card
  • Income proof
  • Bank Details: Account holder's name, bank name, branch name and address, account number, and IFSC code.
  • Passport size photographs
  • Signatures

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Frequently Asked Questions

Ans. IIFT Kolkata is launching a new scholarship scheme, covering 10% of students with 20% tuition fees in all Full-Time/Regular batches of courses such as MBA (International Business), MBA (Business Analytics), M.A. (Economics), and IPM Programs. The criteria will be based on a "means-cum-merit" approach, with 70% weighting given to means and 30% to merit, i.e., total CGPA scores post-program completion. Students with family income below INR 8 LPA are eligible for the scholarship scheme.

Ans. The Department of Empowerment of Persons with Disabilities, Government of India, is offering a top-class education scholarship to students with benchmark disabilities. The annual family income should not exceed INR 6 LPA.  Applicants will receive books, living expenses, stationery, etc.

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Indian Institute of Foreign Trade [IIFT], Kolkata

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