IIM Visakhapatnam offers merit-based scholarship. As per the scholarship, waiver of tuition fee or scholarship (as reimbursement of tuition fee paid) up to a maximum of Rs.6.0 lakh per student for Year-2 of PGP. Recognizing the financial challenges that students may face in affording the course fees, IIMV provides Financial Aid to deserving students. All PGP students with annual household income below INR 5,00,000/- (Rupees Five Lakh only) are eligible to apply for financial aid.
The Financial Aid Committee undertakes a two-step process for deciding the number of awardees and the quantum of aid. Around 2% of the batch will receive 100% and around 6% of the batch will receive 25% of the financial aid as a tuition fee waiver.
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