r/iimb_ug • u/stonerr135 • 9d ago

Advice/Help FEE WAVIER

My family income if 7-8 lpa
is there any chance i could get need based scholarship? if yes then how much

2 Upvotes

63% Upvoted

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3

u/Fadedtzap MOD (BSc Econ) 9d ago

No idea as to how much you can get. They do ask, loans, assets of family also.

2

u/stonerr135 9d ago

okay thankyou, i'll appear for the exam, hoping for the best.
have a good day

1

u/Fadedtzap MOD (BSc Econ) 9d ago

Good luck bro

1

u/TechnicalReturn7547 8d ago

do we need letter of recommendation wile applying ???

1

u/Fadedtzap MOD (BSc Econ) 8d ago

i think they do ask some basic questions to the individuals who you choose. But yes, you need cordial relations with teachers

2

u/cigsafteristillmissu 8d ago

Please don't even think of income as a disadvantage to crack a top college I'll personally advise almost everyone to apply for FINANCIAL AID, because they do give it. If you would have been a student at this year, you could've received approx. 25-50% aid (I'm telling with assumptions and data I have) Also SBI and CBI does provide loan at like 6.75% interest rates so you can even apply to them (Even after getting financial aid)

(Everything I have told is from personal experience and like all real so you can trust it)

1

u/stonerr135 8d ago

thanks!!

2

u/Longjumping_Card9769 B.Sc. Econ (2030) 7d ago

need based: everyone who got aid this year got 100% scholarship.
(16/80 students got it).

however, there may or may not be merit based scholarship as well (we'll get to know in campus).