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G. L. Bajaj Institute of Management and Research Scholarships Details

G. L. Bajaj Institute of Management and Research Scholarships & Eligibility

Located in Knowledge Park II, Greater Noida (Gautam Buddha Nagar, Uttar Pradesh), the G L Bajaj Institute of Management and Research (GLBIMR) is a premier business school in the National Capital Region (NCR). Approved by the All India Council for Technical Education (AICTE), Ministry of Education, Government of India, the institute is widely acclaimed for its flagship Post Graduate Diploma in Management (PGDM) program.

To support high-achieving management aspirants and promote inclusive higher education, GLBIMR maintains a well-structured scholarship ecosystem and financial assistance program. These financial initiatives are designed to reduce tuition burdens, reward academic excellence, and ensure that qualified students have equal access to quality management education.

Types of Scholarships at GLBIMR

GLBIMR offers various merit-based, qualification-based, and performance-driven scholarship schemes for candidates entering its two-year full-time PGDM program.

Merit Scholarship Based on Entrance Examination Scores

Applicants demonstrating exceptional performance in national management entrance examinations are eligible for direct fee concessions.

  • MAT Entrance Exam Concessions: Candidates scoring between 501 and 600 in MAT receive a scholarship worth INR 20,000. Scores between 601 and 700 qualify for INR 25,000, while candidates securing a composite score above 701 receive INR 30,000.

  • CAT / XAT Percentile-Based Concessions: Applicants securing between 51 and 60 percentile in CAT or XAT receive INR 20,000. Percentiles ranging from 61 to 70 qualify for INR 25,000, while candidates obtaining 71 percentile and above receive a scholarship of INR 30,000.

  • CMAT Rank-Based Concessions: Candidates holding CMAT overall ranks between 10,001 and 20,000 are eligible for INR 20,000. Ranks between 4,001 and 10,000 qualify for INR 25,000, while top rankers between 1 and 4,000 receive INR 30,000.

Scholarship Based on Past Academic Consistency

GLBIMR recognizes applicants who have maintained uniform academic performance throughout their education. Students securing above 60% aggregate marks across Class 10, Class 12, and Graduation degrees are eligible for a merit concession worth INR 25,000.

Academic Discipline Specialization Concessions

To encourage students from engineering and prestigious university backgrounds, GLBIMR extends dedicated qualification-based fee waivers:

  • Engineering Graduates (B.Tech / B.E.): Male engineering graduates receive a fee concession worth INR 50,000, while female engineering graduates receive INR 60,000.

  • Delhi University Graduates: Students graduating with First Division honors from Delhi University receive a special scholarship of INR 50,000.

Government and EWS Scholarship Schemes

Eligible candidates from Economically Weaker Sections (EWS) or reserved categories (SC/ST/OBC) can apply for post-matric scholarship schemes and fee waivers regulated by the Social Welfare Department, Government of Uttar Pradesh, and Central Government portals (such as NSP) as per statutory guidelines.

Eligibility Criteria for Claiming Financial Aid

To claim scholarships or tuition concessions at GLBIMR, candidates must fulfill the following mandatory prerequisites:

  • Academic Qualification: Candidates must hold a valid Bachelor's degree with minimum aggregate marks prescribed under institutional admission guidelines.

  • Valid Entrance Scorecard: Candidates applying under entrance-based criteria must possess an official, verifiable scorecard for CAT, MAT, CMAT, or XAT from the current admission cycle.

  • Single Scheme Policy: Scholarship schemes cannot be combined or merged. In cases where an applicant qualifies under multiple categories (such as CAT percentile and Engineering background), the highest single scholarship amount will be applied.

  • Academic Continuity & Discipline: Renewal or continuation of scholarships in subsequent trimesters or years requires maintaining a clean disciplinary record, fulfilling minimum attendance standards (minimum 75%), and securing required CGPA thresholds set by the academic committee.

Application Process for Scholarships

Applying for a scholarship at GLBIMR involves a structured verification process during the admission registration phase:

  • Initial Application Submission: While filling out the official admission form (online or offline), candidates must explicitly indicate their request for fee concessions under the relevant scholarship category.

  • Document Upload & Submission: Applicants must submit self-attested photocopies of Class 10 mark sheets, Class 12 mark sheets, Graduation mark sheets, entrance examination scorecards, and degree certificates alongside the main application.

  • Verification by Admission Cell: The institute’s scholarship evaluation committee verifies the submitted credentials against original transcripts during Group Discussion and Personal Interview (GD-PI) rounds or admission confirmation.

  • Approval & Adjustment: Upon successful verification, the approved scholarship amount is directly deducted from the designated fee installments specified in the PGDM fee schedule.

Financial Aid & Education Loan Facilitation

Recognizing that pursuing a management program is a major financial investment, GLBIMR offers dedicated assistance to help students secure educational loans.

  • Bank Tie-ups & Letters: GLBIMR provides selected candidates with an official Admission Offer Letter along with a detailed institutional fee structure, course approval documents, and AICTE approval letters necessary for processing education loans.

  • Nationalized & Private Bank Loans: Students can secure education loans from major nationalized banks, private financial institutions, and NBFCs under government schemes (such as the Vidya Lakshmi Portal framework).

  • Installment Payment Facility: To relieve lump-sum financial stress, GLBIMR structures its PGDM total fees across multiple manageable installments spread over two years.

Frequently Asked Questions (FAQs)

What entrance exams are eligible for merit scholarships at GLBIMR?

GLBIMR considers valid composite scores and percentiles from MAT, CAT, XAT, and CMAT entrance examinations for granting merit scholarships.

Can a student combine multiple scholarship offers at GLBIMR?

No, merging or combining multiple scholarship schemes is not permitted. If a candidate qualifies for more than one scholarship category, only the single highest eligible amount will be granted.

Is there a specific scholarship for engineering graduates applying to PGDM?

Yes, GLBIMR offers specialized discipline scholarships for B.Tech / B.E. graduates, awarding INR 50,000 for male engineering graduates and INR 60,000 for female engineering graduates.

Does GLBIMR assist students in applying for bank education loans?

Yes, the institute assists admitted candidates by providing official offer letters, fee structure documents, and statutory approval certificates required by banks and portals like Vidya Lakshmi for education loan processing.

Are students from Delhi University eligible for special fee concessions?

Yes, students who have graduated with First Division marks from Delhi University are eligible for a dedicated academic scholarship of INR 50,000.

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