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Fees and Expenses
PGP-I(2011-12)
PGP-
II (2012-13)
Particulars
TERM-I
(Rs.)
TERM-II
(Rs.)
TERM-III
(Rs.)
TOTAL
(Rs.)
TERM-IV
(Rs.)
TERM-V
(Rs.)
TERM-VI
(Rs.)
TOTAL
(Rs.)
Admission Fee
50000
-
-
50000
-
-
-
-
Tuition Fee
100000
100000
10000
300000
110000
110000
110000
330000
Computer Fee
13000
13000
14000
40000
15000
15000
15000
45000
Library Fee
11000
11000
11000
33000
11000
12000
12000
35000
Books and Instructional Materials
24000
24000
24000
72000
25000
25000
25000
75000
Hostel Expenses
30000
30000
30000
90000
30000
30000
30000
90000
Student Welfare Activity
5000
5000
5000
15000
5000
5000
5000
15000
Convocation
-
-
-
-
-
-
10000
10000
TOTAL FEE
233000
183000
184000
600000
196000
197000
207000
600000
In addition to the Fee, the students will be required to pay the Placement Fee, Alumni Membership Fee & Refundable deposits towards the following heads:
PGP-I(2011-12)
PGP-
II (2012-13)
Particulars
TERM-I (Rs.)
TERM-II (Rs.)
TERM-III (Rs.)
TOTAL (Rs.)
TERM-IV (Rs.)
TERM-V (Rs.)
TERM-VI (Rs.)
TOTAL (Rs.)
Library Deposit *
2000
-
-
2000
-
-
-
-
Computer Deposit *
3000
-
-
3000
-
-
-
-
Hostel & Mess
Deposit *
5000
-
-
5000
-
-
-
-
Placement Fee
-
-
-
-
-
-
-
-
Alumni Membership Fee **
2500
-
-
2500
2500
-
-
2500
Mediclaim
-
-
-
-
-
-
-
-
TOTAL
FEE
12500
-
-
12500
2500
-
-
2500
* Will be refunded after adjustment of dues on completion of the programme
** Will be deposited in the Alumni Fund
Mess/Catering expenses will be as per actual at prevailing prices. Students must make provisions for expenses for stationery, two-month summer placement, travel and other personal needs
Financial Assistance
The objective of the Institute's Financial Assistance Schemes is to provide adequate financial aid opportunities, so that no student is prevented from pursuing the programme due to financial constraints. The schemes presently available are:
Need Based IIML Scholarships(IIML):
IIM Lucknow has instituted scholarships for up to 15% of the student intake based on merit and family income. Any student, including those belonging to the reserved category, whose total annual family income does not exceed Rs.1,50,000/- is eligible for consideration of these scholarships. The awardees are chosen from the eligible candidates in order of merit, for a period of one academic year at a time. The scholarship covers the Tuition fee component of the total fees charged by the Institute in the year awarded, and is subject to maintaining the stipulated standards of academic performance.
Industry Sponsored Scholarships:
There are several industry sponsored scholarships available which are awarded at the end of each academic year based on merit. The value of these scholarships presently ranges from Rs.6,000/- to Rs.100,000/- per annum. The benefactors are: Hindustan Lever Ltd., Reckitt Benchiser, Aditya Birla , Ratan Tata, Citibank, EXIM Bank, Hughes Software Systems, Nestle India Ltd., Central Bank of India, Apeejay Trust and Bharti Foundation.
Merit-cum-Means Scholarships:
The Government of India Merit-cum-Means scholarships of Rs.2200/- per annum are available to a maximum of 25% of the students subject to their satisfying the stipulated means and merit criteria.
Bharti Scholarship of Rs. 50,000/- p.a. has been instituted by Bharti enterprises for meritorious and needy students (annual income not exceeding Rs. 1.08 lacs). The scholarship continues for both years of the PGP.
SC/ST Scholarships:
The Government of India SC/ST Scholarships of Rs. 1500/- per annum are available to all SC/ST students admitted to the programme.
Deserving candidates are also eligible for scholarships, from their respective State Governments, covering the non-refundable components of the fees and maintenance charges, depending upon family income. Rules regarding these scholarships are available at the Institute.
Loan Schemes:
The Institute has made arrangements with banks, financial institutions and charitable organisations, to provide loans for all needy students to finance their educational expenses at IIML. The agencies who have developed loan schemes for IIML students include Central Bank of India, Punjab National Bank, Allahabad Bank and State Bank of India.