Scholarships at the Radiant Institute of Management & Science (RIMS) in Indore are mainly offered through government welfare schemes and academic criteria rather than direct institutional merit-cum-need waivers.
Types of Scholarships Available
• Reserved Category Scholarships: State government post-matric scholarships are available for eligible students belonging to SC, ST, and OBC categories. For example, OBC category government scholarships provide financial assistance of approximately 8,000 per year for certain undergraduate courses.• Merit / Qualifying Score Criteria: Financial aid and fee concessions may be considered for students scoring above 75% in their qualifying examinations (such as Class 12 or graduation).• Need-Based / EWS Aid: Limited support is sometimes structured for economically weaker section (EWS) students with a family income threshold typically ranging between 2 lakh to 4 lakh per annum.• General Category: There are generally no institutional scholarships provided for general category students or children of government employees.
Alternative Financial Support
• Education Loans: RIMS facilitates student education loans through tie-ups with nationalized and private banks, complete with flexible EMI options.• Installment Plans: The institute allows students to split course fees into structured installments rather than paying the full amount upfront
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