IILM Lodhi Road provides a well-structured scholarship scheme for MBA students to encourage academic excellence, diversity, and inclusivity. The institute offers scholarships under different categories such as merit-based awards for high scorers in entrance exams like CAT, XAT, MAT, and GMAT, as well as scholarships for female candidates, students from Jammu & Kashmir and the North-East, children of defence personnel, and achievers in sports, culture, or social service. There is also a full tuition fee waiver available under the Martyr’s Scholarship for dependents of defence martyrs. These categories ensure that deserving students from varied backgrounds get financial support to pursue quality management education.
The merit-based scholarships are designed with specific cut-offs to reward outstanding performers. For example, students securing high percentiles in CAT/XAT or exceptional scores in MAT are eligible for tuition fee waivers up to 40%. Additionally, academic performance in Class XII and graduation is also considered for layered scholarships, with those achieving above-average marks receiving partial fee relief. Most of these scholarships apply to first-year tuition, and continuation into the second year depends on maintaining a strong CGPA and regular attendance. This approach ensures that scholarships not only recognize past achievements but also motivate students to maintain consistent performance throughout their MBA journey.
Merit-Based Scholarships (Entrance Exam Scores)
Merit scholarships at IILM are strongly tied to entrance exam performance. Higher scores translate directly into higher tuition waivers. This system motivates students to perform better in competitive exams. It also ensures fairness and meritocracy in admissions. These scholarships are limited to the first academic year.
| Exam | Score/Percentile | Scholarship % | Applicable Year | Notes |
| CAT/XAT | 80%ile and above | 40% | 1st Year | Based on high performance |
| CAT/XAT | 70–79%ile | 20% | 1st Year | Partial tuition waiver |
| MAT | 700+ | 40% | 1st Year | High achievers rewarded |
| MAT | 600–699 | 20% | 1st Year | Moderate achievers |
| GMAT | Equivalent scores | 20–40% | 1st Year | Score-based eligibility |
Academic Performance-Based Scholarships
This category rewards consistent academic excellence across school and graduation. Students with strong academic records are recognized with tuition waivers. Maintaining CGPA and attendance is crucial for continuation. The layered approach ensures fairness. It motivates students to remain consistent beyond entrance scores.
| Qualification | Minimum Marks | Scholarship % | Condition | Year |
| Class XII | 80% and above | 20% | Continuity depends on CGPA | 1st Year |
| Graduation | 70% and above | 20% | Applies only to UG scores | 1st Year |
| Consistency | XII + UG both above 75% | 30–40% | Combined criteria | 1st Year |
| CGPA Rule | Maintain ≥7.0 | Continuation allowed | For 2nd Year | Year 2 |
| Attendance | 75% minimum | Mandatory | Linked with continuation | Both Years |
Girl Child Scholarship
IILM promotes gender inclusivity through the Girl Child Scholarship. Every female student admitted is entitled to a partial waiver. This initiative supports greater participation of women in management education. It also reduces the financial burden on families. The scholarship contributes to balanced gender representation in classrooms.
| Category | Eligibility | Scholarship % | Year | Notes |
| Female Students | Admission into MBA/PGDM | 20% | 1st Year | Applicable to all female candidates |
Martyr’s Scholarship
The Martyr’s Scholarship is IILM’s most generous offering. It provides a full tuition waiver to dependents of defence martyrs. This recognizes the sacrifice of soldiers and supports their families. It applies throughout the MBA program, not just the first year. Proof of eligibility is strictly required.
| Category | Eligibility | Scholarship % | Year | Notes |
| Defence Martyrs | Dependent children | 100% | Both Years | Full tuition waiver |
| Valid Proof | Service Certificate | Mandatory | All Courses | Documentary evidence required |
Regional Scholarships
Regional scholarships promote inclusivity from underrepresented areas. Students from Jammu & Kashmir and North-Eastern states are eligible. This helps diversify the student body. It also supports students from regions with limited access to premier B-schools. Proof of residence is necessary for availing this benefit.
| Category | Eligibility | Scholarship % | Year | Notes |
| J&K Students | Permanent residents | 20% | 1st Year | Valid domicile required |
| North-East Students | States of NE region | 20% | 1st Year | Identity proof mandatory |
Sports, Culture & Achievement Scholarships
This scholarship category values holistic talent beyond academics. Students excelling in sports, culture, or bravery achievements are rewarded. It encourages participation in extracurriculars. Recognized certificates are mandatory for eligibility. This reflects IILM’s vision of nurturing all-rounders.
| Category | Achievement | Scholarship % | Year | Notes |
| Sports | State/National level | 20% | 1st Year | Verified certificates |
| Culture | National awards | 20% | 1st Year | Recognized achievements |
| Bravery | Govt-recognized bravery awards | 20% | 1st Year | Proof required |
Defence Personnel Scholarship
Children of defence personnel also receive tuition benefits. This ensures recognition of service to the nation. Active or retired defence personnel’s dependents get partial waivers. Families of martyrs are already covered under the full waiver scheme. Thus, IILM extends gratitude towards military service families.
| Category | Eligibility | Scholarship % | Year | Notes |
| Defence Personnel Children | Active/Retired personnel | 20% | 1st Year | Applicable across services |
| Martyr’s Family | Covered under 100% scheme | Full waiver | Both Years | Overlaps with Martyr’s Scholarship |
Continuation Rules & Conditions
Scholarships at IILM are not automatic for both years. Students must maintain strong academic and behavioral standards. Attendance is linked directly to scholarship renewal. Any backlogs or misconduct can cancel the benefit. This ensures accountability and seriousness among scholarship holders.
| Condition | Requirement | Effect on Scholarship |
| CGPA Rule | ≥7.0 | Scholarship continued |
| Attendance | ≥75% | Scholarship maintained |
| Backlogs | None allowed | Disqualification |
| Conduct | No disciplinary action | Mandatory |
| Yearly Review | Annual evaluation | Renewal or cancellation |
Conclusion
IILM Lodhi Road offers a wide spectrum of scholarships for MBA students, ensuring that financial constraints do not limit deserving candidates from pursuing management education. The scholarships cover diverse categories—merit-based awards for high scorers in CAT, XAT, MAT, or GMAT; academic consistency awards for strong XII and graduation marks; inclusivity schemes such as Girl Child, North-East, and J&K scholarships; as well as recognition for extraordinary achievements in sports, culture, or bravery. Special emphasis is given to the families of defence personnel, including a 100% tuition waiver for dependents of martyrs. Importantly, scholarships are mostly applicable in the first year, with continuation in the second year tied to performance benchmarks such as maintaining a minimum CGPA and regular attendance. This layered approach ensures fairness, encourages excellence, and creates opportunities for students from diverse backgrounds. Overall, IILM’s scholarship framework not only rewards merit but also fosters inclusivity, diversity, and holistic development among its MBA students.
10 FAQs on IILM Lodhi Road MBA Scholarships
Q1. What is the maximum scholarship percentage offered by IILM Lodhi Road?
Ans: The maximum scholarship is a 100% tuition fee waiver under the Martyr’s Scholarship for dependents of defence martyrs.
Q2. Are scholarships available for female MBA students?
Ans: Yes, all female candidates are eligible for the Girl Child Scholarship, which provides a 20% tuition fee waiver.
Q3. How are scholarships awarded on the basis of entrance exams?
Ans: Students with high CAT/XAT percentiles (above 80%) or MAT scores (700+) can receive up to 40% tuition waivers.
Q4. Is academic performance in Class XII and graduation considered?
Ans: Yes, students with 80% in Class XII and 70% or more in graduation are eligible for additional merit-based scholarships.
Q5. Do students from specific regions get scholarships?
Ans: Yes, students from Jammu & Kashmir and North-Eastern states are entitled to 20% tuition fee waivers.
Q6. Are extracurricular achievements recognized in scholarship allocation?
Ans: Yes, achievements in sports, culture, or bravery at national/state levels can fetch 20% tuition fee waivers.
Q7. Can scholarships be continued in the second year of MBA?
Ans: Yes, continuation depends on maintaining a minimum CGPA of 7.0, 75% attendance, and no disciplinary issues.
Q8. Are defence personnel wards eligible for scholarships?
Ans: Yes, children of active or retired defence personnel get 20% scholarships, while martyrs’ wards receive 100% waivers.
Q9. Are scholarships automatically applied at the time of admission?
Ans: No, students must submit supporting documents (exam scores, certificates, domicile, etc.) to claim eligibility.
Q10. Do scholarships cover hostel and other charges as well?
Ans: No, scholarships at IILM Lodhi Road generally cover only tuition fees, not hostel, mess, or other miscellaneous charges.
Leave a comment