IILM Academy of Higher Learning, Lucknow Scholarships & Eligibility

IILM Academy of Higher Learning, Lucknow, Uttar Pradesh, is committed to making quality management education accessible and affordable to meritorious and deserving candidates. The institute offers a variety of merit-based scholarships, special category concessions, sports scholarships, and corporate/financial aid options for its flagship Post Graduate Diploma in Management (PGDM) and undergraduate programs.

These financial incentives aim to reward academic excellence, encourage diversity, support sports talent, and ease the financial burden on students and their families.

Types of Scholarships and Eligibility Criteria

IILM Lucknow provides structured fee waivers based on performance in national entrance examinations, academic consistency, sports achievements, and social background. Scholarships are granted primarily on the tuition fee component of the program fee structure.

1. Merit-Based Entrance Exam Scholarships (PGDM)

Candidates securing outstanding percentiles or composite scores in national management entrance examinations can qualify for partial tuition fee waivers:

• 40% Tuition Fee Scholarship: Awarded to candidates meeting any one of the following entrance benchmarks:

  • CAT or XAT percentile of 70% or above.

  • MAT or ATMA composite score of 700 or above.

  • CMAT All India Rank between 1 and 10,000.

  • Alternatively, candidates who satisfy all three academic conditions: at least 75% in Class 12, 65% in Graduation, along with a CAT/XAT score of 60% tile or MAT/ATMA score of 600 or CMAT rank between 10,001 and 20,000.

• 20% Tuition Fee Scholarship: Granted to candidates who meet any of the following parameters:

  • CAT or XAT score between 60% and 69.99% tile.

  • MAT or ATMA score of 550 or above.

  • CMAT All India Rank between 10,001 and 20,000.

  • Alternatively, candidates securing 90% or above in CBSE/ISC Class 12 board examinations combined with 75% in Graduation.

• 10% Tuition Fee Scholarship: Offered to candidates who hold an aggregate of 60% or more marks in Graduation.

2. Sports Scholarships

To support young athletes balancing education and sports excellence, IILM Lucknow provides dedicated sports waivers based on representation level during the past five years:

• 40% Fee Waiver: Awarded to candidates who represented India at international sports events.

• 20% Fee Waiver: Awarded to candidates who represented state-level teams at national sports competitions.

• 10% Fee Waiver: Awarded to candidates showcasing outstanding sports achievements at regional or state levels.

3. Category & Special Category Concessions

The institute provides focused fee relief to encourage inclusivity, gender representation, and honor public service:

• Girls' Fee Waiver (10% Concession): Available for eligible female candidates to promote women in leadership, subject to family income criteria (less than INR 8 Lakhs per annum).

• Children of Defence Personnel (10% Concession): Offered on first-year tuition fee for children of active or retired personnel serving in the Indian Armed Forces and Central Armed Police Forces.

• Domicile & Regional Concessions (10% Concession): First-year tuition fee concessions for students hailing from Jammu & Kashmir, North Eastern states, or Nepal.

• Sibling Concession (10% Concession): Applicable on first-year tuition for siblings of students currently studying at IILM.

Policy for Continuation of Scholarship

Scholarships granted during admission are subject to performance review for continuation into the second year. To retain the scholarship benefit in the second year, students must fulfill specific academic, attendance, and conduct criteria:

• Attendance & Discipline: Students must maintain over 75% to 80% attendance in every semester and remain free of any disciplinary action or backlog.

• Continuation Thresholds for 40% Scholarship: The student must rank within the top 15% of the program merit list and achieve a CGPA of 8.5 or above in the first year.

• Continuation Thresholds for 20% Scholarship: The student must secure a spot in the top 25% of the merit list with a CGPA of 8.0 or above.

• Continuation Thresholds for 10% Scholarship: The student must remain in the top 30% of the merit list with a minimum CGPA of 7.5.

Application Process for Scholarships

Applying for a scholarship at IILM Academy of Higher Learning, Lucknow, follows a streamlined process integrated with the program admissions pipeline:

1. Submit Program Application: Complete the online or offline IILM admission application form.

2. Indicate Scholarship Category: Tick the appropriate scholarship category (Merit Entrance, Academic Consistency, Sports, Defence, Gender, or Domicile) in the application portal.

3. Upload Supporting Credentials: Attach self-attested copies of qualifying entrance test scorecards (CAT/MAT/XAT/CMAT/ATMA), mark sheets, sports certificates, or service/income proofs issued by competent authorities.

4. Verification and Personal Interview: Present original documents during the personal assessment round for verification by the scholarship evaluation board.

5. Sanction & Fee Adjustment: Once approved by the scholarship committee, the sanctioned waiver is communicated in the provisional offer letter. Note that fee adjustments are applied directly to the tuition fee component starting from the designated semester installment.

Financial Aid and Education Loan Options

In addition to direct institutional scholarships, IILM Lucknow assists students in securing external financial aid and educational bank loans:

• Institutional Banking Partnerships: IILM maintains relationships with leading public and private sector banks (such as HDFC Bank, SBI, and Kotak Mahindra Bank) to facilitate priority loan processing for admitted students.

• Collateral-Free Loan Assistance: Education loans up to INR 7.5 Lakhs to INR 50 Lakhs can be availed based on family profile and bank terms, with repayment tenures extending up to 15 years including the course moratorium period.

• Government Scholarship Schemes: Eligible students belonging to SC, ST, OBC, EWS, or minority categories can apply for state government scholarship schemes (such as the UP Government Fee Reimbursement Scheme) or National Scholarship Portal (NSP) grants.

• Tax Benefits under Section 80E: Parents or guardians paying interest on education loans taken for higher studies can claim tax deductions under Section 80E of the Income Tax Act with no upper ceiling.

Frequently Asked Questions (FAQs)

Q1. Can a student combine two different scholarship categories at IILM Lucknow?

No. Under institutional policy, no two scholarships or fee waivers can be combined. If an applicant qualifies under multiple categories (such as a CAT score waiver and a defence concession), the student receives whichever single category offers the higher financial benefit.

Q2. Do IILM Lucknow scholarships cover hostel, mess, and transportation fees?

No. All institutional scholarships and fee concessions apply strictly to the tuition fee component of the academic program. Expenses such as registration charges, hostel stay, mess food, and transport are not covered under fee waivers.

Q3. What entrance exam score is required to get a 40% scholarship at IILM Lucknow?

To qualify for a 40% tuition fee scholarship, a candidate must secure a minimum of 70% tile in CAT or XAT, a score of 700 or above in MAT or ATMA, or an All India Rank between 1 and 10,000 in CMAT.

Q4. Is the scholarship valid for both years of the PGDM program automatically?

No, scholarship continuation into the second year is conditional. Students must maintain specific CGPA levels (7.5 to 8.5 depending on the waiver band), keep semester attendance above 75% to 80%, have no backlogs, and remain in the top merit percentile of their batch.

Q5. What documents are required to apply for the girls' fee waiver or defence concession?

Applicants seeking special category fee waivers must submit valid supporting documents. For the girls' fee waiver, an income certificate issued by a competent authority (such as a Tehsildar or Revenue Officer) showing family income under INR 8 Lakhs per annum is required. For defence concessions, service ID proof or discharge certificates must be submitted.