The Indian Institute of Management Indore offers various scholarships and financial aid options to support deserving and meritorious students pursuing their management education. These scholarships are typically awarded based on academic performance, financial need, and other criteria.
Need-Based Financial Assistance (NBFA): IIM Indore provides Need-Based Financial Assistance (NBFA) to PGP/ IPM students with an annual family income below INR 9 lakh who are eligible to apply for financial aid. The objective of the NBFA is to ensure that no participant is deprived of education at the institute for financial reasons. The NBFA Committee undertakes a two-step process for deciding the number of awardees and quantum of aid.