IIFT Delhi Indian Institute of Foreign Trade, New Delhi - Scholarship Details

New Delhi, Delhi NCRDeemed to be UniversityEstd 1963
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Written By Mayank Badhwar 

IIFT Delhi provides various Scholarships to its Students. There are various scholarships for IIFT Delhi students, some of which are Need Based Scholarship Scheme, New Scholarship Scheme (NSS), Scholarships offered by the Government of India and Scholarships offered by other Organizations.

 

IIFT Delhi Scholarship Details

Scholarship Details
Need Based Scholarship Scheme Pays Interest Subsidy on Educational Loan for 27 Months; Family Income should be less than INR 6 Lakhs per Year
New Scholarship Scheme (NSS) Will Cover 10% Students with Scholarship Amounting to 20% of Tuition Fee
Scholarships offered by Government of India Various Central & State Level Scholarships
Scholarships offered by Other Organizations Exim Bank Scholarship and OPJEMS Scholarship

 

IIFT Delhi Scholarship: New Scholarship Scheme (NSS)

New Scholarship Scheme (NSS) will cover 10% Students with Scholarship Amounting to 20% of Tuition Fee. The features & criteria are as follows:

  • Scholarship will be given to 10% Students admitted in Regular Programs. Scholarship Amount will be 20% of Tuition Fee for all Full-Time / Regular Courses.
  • Criteria would be Means-cum-Merit basis with 70% Weightage to Means and 30% Weightage to Merit i.e., Total CGPA scored after Completion of the Program.
  • Family Income from all sources is less than INR 8 Lakhs per Annum.
  • Scholarship will be disbursed to Students after completion of their Full-Time Program.
  • If the Number of Eligible Students are more than the Number of Scholarships in a Particular Batch, Students with Higher Scores will be Awarded the Scholarship.
  • Score given to each Student will be Calculated as per details given below: 
Income (Means) Score Given CGPA (Merit)
Upto 5 Lakhs 100% 3.50 or More
5 to 6 Lakhs 90% 3.00 to 3.49
6 to 7 Lakhs 80% 2.50 to 2.99
7 to 8 Lakhs 70% 2:00 to 2.49


 

 

IIFT Delhi Scholarship: Scholarships offered by Government of India

The Government of India offers various Central and State-level Scholarships to Students. The details are as follows:

Income (Means) Score Given CGPA (Merit)
Upto 5 Lakhs 100% 3.50 or More
5 to 6 Lakhs 90% 3.00 to 3.49
6 to 7 Lakhs 80% 2.50 to 2.99
7 to 8 Lakhs 70% 2:00 to 2.49
 

IIFT Delhi Scholarship: Scholarships offered by Other Organizations

IIFT Delhi provides Scholarships by Other Organizations, they are Exim Bank Scholarship & OPJEMS Scholarship. The details for the same are available below:

  • Exim Bank Scholarship: The amount of scholarship that is given to the Topper among the Reserved Category (SC/ST) students in IIFT, is equivalent to the Tuition Fees paid by the Reserved Category Student in the 1st Year of the 2-Year Full-Time MBA Programme in International Business, subject to a ceiling of INR 3.5 Lakh. 
  • OPJEMS Scholarship: This merit based scholarship is given to MBA(IB) students of 1st Year and 2nd Year Students of Delhi Campus. First 10 toppers from 1st year (on the basis of their cumulative score of selection process) and first 10 toppers from 2nd Year (on the basis of their GPA of previous academic year) will be Nominated by the Institute. On the basis of Online Test and Interview conducted by OP Jindal Group, selected Students will be Awarded an Amount of INR 1.50 Lakhs as Scholarship.
 

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IIFT Delhi Scholarship FAQs

Ques. Do Students get Financial Help in IIFT Delhi?

Ans. Yes, Students get Financial Help in IIFT Delhi as the Institute provides various Scholarships.

Ques. Are there any Student Loans in IIFT Delhi?

Ans. There are various banks which provide Loans to IIFT Students. Some of them are Indian Bank, ICICI Bank, Bank of Baroda, Axis Bank, HDFC Bank, Union Bank etc.

Ques. Do State Bank of India provide Loans to IIFT Delhi Students?

Ans. State Bank of India provides Student Loans up to INR 40 Lakhs.

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