The ICFAI University offers merit-based scholarships to students. The percentage of scholarship money is awarded based on the student's past academic records and Semester-wise performances in qualifying exams.
Following is the list of two categories on which scholarship is provided.
Scholarship Category – 1:
Marks in Percentage
CGPA
Scholarship Amount(% of semester fee)
90% and above
9.9
50%
80% - 90%
8.9 – 9.9
40%
70% - 80%
7.7 – 8.8
30%
60% - 70%
6.5 – 7.7
20%
Scholarship Category – 2:
Based on the Previous Semester's GPA
Top 5% of the class
Next top 5% of the class
*Remarks: Only if no. of students in the class is 20 or more.Note: Terms and Conditions for the award of the Merit Scholarship will be specified in the Student Handbook.