Fees & Scholarship
Fee Structure
| Program Level | Level Fee | Cumulative Cost |
|---|---|---|
| Year 1 | ₹50,000 | ₹50,000 |
| Year 2 | ₹1,00,000 | ₹1,50,000 |
| Year 3 | ₹1,50,000 | ₹3,00,000 |
| Year 4 | ₹2,00,000 | ₹5,00,000 |
Scholarship & Fee Waiver Benefits
With the support of need- and merit-based scholarships, deserving students can complete the BBA program at significantly reduced costs, reflecting IIM Udaipur's commitment to inclusive excellence.
Merit-based scholarship:
Awarded to students in the top quartile (top 25%) based on academic performance. It provides a 50% reduction in the following year’s tuition fee and is applicable from Year 2 onwards. It is applied as a fee reduction in the immediately succeeding academic year (not as a refund).
Means-based (need-based) scholarship:
Means-based scholarship follows a cohort-based approach rather than an absolute income cut-off. Eligibility is determined by placing enrolled students on a verified family-income spectrum from lowest to highest. Students in the bottom quartile are eligible and receive a 50% reduction in tuition fee for that same academic year. Students seeking means-based support must submit updated family income documentation each year for that year’s assessment.
Family income includes income from the candidate, parents, spouse, and siblings or children below 18 years of age, and includes all sources such as salary, agriculture, business, and profession.
Combined eligibility (merit + means):
Where a student qualifies for both scholarships in the same academic year (Year 2 onwards), the effect is cumulative:
the student pays 50% upfront due to merit, and then receives a 50% refund of that paid amount due to means-based
eligibility. This results in an effective 75% reduction, meaning the student pays 25% of the full tuition fee for that
year.
| Year | Category | Paid at registration | Means-based refund | Net tuition fee |
|---|---|---|---|---|
| Year 1 | No merit and means based | ₹50,000 | ₹0 | ₹50,000 |
| Means based | ₹50,000 | ₹25,000 | ₹25,000 | |
| Merit based | ₹50,000 | ₹0 | ₹50,000 | |
| Year 2 | No merit and means based | ₹1,00,000 | ₹0 | ₹1,00,000 |
| Means based | ₹1,00,000 | ₹50,000 | ₹50,000 | |
| Merit based | ₹50,000 | ₹0 | ₹50,000 | |
| Merit + Means | ₹50,000 | ₹25,000 | ₹25,000 | |
| Year 3 | No merit and means based | ₹1,50,000 | ₹0 | ₹1,50,000 |
| Means based | ₹1,50,000 | ₹75,000 | ₹75,000 | |
| Merit based | ₹75,000 | ₹0 | ₹75,000 | |
| Merit + Means | ₹75,000 | ₹37,500 | ₹37,500 | |
| Year 4 | No merit and means based | ₹2,00,000 | ₹0 | ₹2,00,000 |
| Means based | ₹2,00,000 | ₹1,00,000 | ₹1,00,000 | |
| Merit based | ₹1,00,000 | ₹0 | ₹1,00,000 | |
| Merit + Means | ₹1,00,000 | ₹50,000 | ₹50,000 |
Program-level scholarship impact:
| Category | BBA | BBA Hons |
|---|---|---|
| Merit based (from Year 2) | ₹1,75,000 | ₹2,75,000 |
| Means based (from Year 1) | ₹1,50,000 | ₹2,50,000 |
| Means based (in Year 1) Merit + Means based (from Year 2) |
₹87,500 | ₹1,37,500 |
External scholarship engagement
The Institute will actively pursue scholarship funding from government programs, CSR initiatives, and individual or institutional contributions. If external funding is less than the eligible Institute support category, the Institute may cover the difference from its corpus so that the student's net payable tuition aligns with the outcomes.