IIM Udaipur endeavors to ensure that no student is deprived of education at the Institute for financial reasons. Therefore, IIMU extends financial assistance to students who have a pressing financial need to be able to bear the IIM MBA fees.
Students whose annual household income is below Rs. 4,50,000 are eligible to apply. Other students may also apply if they can demonstrate severe financial difficulties.
Financial assistance is granted in the form of tuition waivers in the IIM MBA course fees; the amount is determined depending on the assessment of the student's need.
Students who are interested in applying for financial assistance in the IIM MBA fees are required to fill in the Financial Assistance Application Form Online.
Many of the major banks in India provide funding to cover most of the tuition and IIM MBA course fees for the students. Details concerning rates of interest and other loan conditions should be confirmed directly with the banks.