1. Specified scholarship amount mentioned below is applicable on IILM tuition fee only. It is not applicable on any other component of the Fee or the Fee of partner institutes.
  2. No two scholarships can be combined.
  3. Continuity of scholarship in 2nd and 3rd year is subject to maintaining minimum specified levels of attendance and academic performance.
  4. Number of scholarships in each category is limited. Students applying early may have an advantage.

Details of Scholarships

Merit cum Means Scholarships

IILM Undergraduate Business School, Gurgaon offers deserving students attractive scholarships by way of merit cum means scholarships. Proof of financial means (ITR) need to be submitted to qualify. The continuance of the scholarship in the next term is based on the students’ performance in the previous year and a review meeting with the scholarship award committee.

Students whose annual family income is less than Rs 9.00 lakhs are eligible for additional 10% on this scholarship.

Details for Merit cum means scholarship
Marks in CBSE / State Boards Class XII Amount of Scholarship Number Available
80% to 89.99% 25% 10
90% to 94.99% 50% 5
95% and above 75% 5

Scholarships for Girls

All girls who meet the eligibility requirement of the program and receive an offer to join IILM are eligible for a 10% scholarship.

Outstanding Achievement in Sports Scholarship

This Scholarship has been instituted to support outstanding students in area of Sports and Bravery. Such achievements need to be recognized /awarded at National / International level by a reputed authority / body. These students would be eligible for 25% scholarships at IILM. All students eligible for this achievement scholarship need to qualify in an interview with a panel of IILM professors.

Scholarship for wards of Defence Services Officers (Army, Navy, Air Force)

The Scholarship has been instituted to acknowledge the contributions of Indian defence services officers to the Nation. The wards of defence services officers are eligible for 25% scholarship at IILM UBS Gurgaon.

Special Scholarships

To encourage students from the states of Jammu & Kashmir and North East (Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Tripura and Nagaland) to study at IILM, we offer a special scholarship of 25% to students, who meet the eligibility requirement of the program and have received an offer to join IILM. Girls from these states will be eligible for the 10% girls’ scholarships in addition to the 25% for the state. The scholarships will be subject to government approved certificates for proof of residence like voter id / passport /domicile state certificate.


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