ICFAI Business School, Hyderabad – Scholarships

ICFAI Business School (IBS) is pleased to announce scholarships worth Rs 10 Crores, exclusively for top performers in the IBSAT-2024 test, scheduled for December 28-29, 2024. These scholarships are aimed at supporting and rewarding exceptional talent by reducing the financial burden associated with higher education and empowering students to pursue their MBA dreams without financial stress.

Eligibility Criteria

Scholarships will be awarded under the following categories:

• For Toppers in IBSAT: Candidates who secure top ranks in the IBSAT 2024 exam.
• For Wards of IBS Alumni: Special scholarships for children of IBS alumni.
• For Physically Challenged Candidates: Designed to support students with physical disabilities.
• For Wards of Defence Personnel: Applicable forwards of in-service/retired personnel from the Army, Airforce, Navy, and Paramilitary Forces.

IBS aims to award 500 merit-based scholarships for the class of 2027 to deserving candidates falling under these categories. Each scholarship amounts to Rs 2 lakh per candidate, split evenly with Rs 1 lakh to be adjusted in the first and second term installments against the program fee.

Terms and Conditions for Scholarships

To avail themselves of these prestigious scholarships, candidates must meet the following conditions:

• Eligibility: Scholarships will only be granted to candidates who have appeared for the IBSAT-2024 test and successfully qualified.
• Admission and Registration: Eligible students must complete the admission process, pay the required admission fee, and register on the specified date to receive the scholarship.
• Applicability: The scholarship will only be adjusted against the program fee and cannot be used for any other purposes.
• Withdrawal Policy: If a student withdraws from the program, any applicable fee refunds will be calculated after deducting the scholarship amount granted earlier.