Shri Vaishnav Institute of Management & Science, Indore

#A Grade (third consecutive cycle after 2012 and 2017) NAAC📍 Indore, Madhya Pradesh

Shri Vaishnav Institute of Management & Science, Indore Scholarship 2026 Financial Aid, Merit & Category Scholarships

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Avg Package

5.5 LPA

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Highest Pkg

14.56 LPA

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Institute Type

Private

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Total Courses

6 Courses

Shri Vaishnav Institute of Management & Science, Indore helps eligible students access several government scholarship and financial aid schemes. The schemes listed by the institute include the Post Matric Scholarship for SC, ST and OBC students, the Post Matric and Merit-cum-Means Scholarship for minority communities (Jain, Muslim, Christian, Sikh, Buddhist and Parsi), the Central Sector Scheme for students with high marks in the qualifying examination, the Awas Scholarship for SC and ST students, and the Post Graduate Indira Gandhi Scholarship for Single Girl Child, which is meant only for postgraduate students. Students can also look at the AICTE scholarship and fellowship schemes through the Student Development Schemes of the council.

Scholarships & Financial Aid

Information regarding scholarships and financial aid opportunities provided by the institute.

Available Scholarships

Scholarship Name	Eligibility Criteria	Award Amount
Post Matric Scholarship (SC/ST/OBC)	SC/ST students with parental income up to Rs. 6.00 lakh per annum; OBC students with parental income up to Rs. 3.00 lakh per annum	As per government scheme norms
Post Matric / Merit-cum-Means Minority Scholarship	Jain, Muslim, Christian, Sikh, Buddhist and Parsi students with parental income up to Rs. 2.50 lakh per annum	As per government scheme norms
Central Sector Scheme Scholarship	Students scoring above 80% in the qualifying examination with parental income up to Rs. 2.50 lakh per annum	As per government scheme norms
Awas Scholarship	SC/ST students only	As per government scheme norms
PG Indira Gandhi Scholarship for Single Girl Child	Single girl child pursuing a postgraduate programme	As per government scheme norms
AICTE Scholarship / Fellowship Schemes	As notified by AICTE under its Student Development Schemes	As per AICTE norms

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Government Scholarship Schemes

Eligibility and Income Limits

Eligibility under the post matric schemes depends on the annual income of the student's parents. For SC candidates the parental income should not be more than Rs. 6.00 lakh per annum, and the same limit applies to ST candidates. For OBC candidates the limit is Rs. 3.00 lakh per annum. For minority scholarship candidates and for the Central Sector Scheme, the parental income should not be more than Rs. 2.50 lakh per annum. The Central Sector Scheme is open to students who have scored above 80 percent in the qualifying examination.

How to Apply

Most of these scholarships are applied for online through the relevant state or national scholarship portal after the student has completed admission. Applicants generally need an income certificate, a caste or community certificate, previous mark sheets, an Aadhaar-linked bank account and the fee receipt issued by the institute. Because the scholarship amount, selection process and dates are decided by the sponsoring authority, students should keep track of notifications and submit their applications before the portal deadline. The institute's administrative office can guide students on the documents and verification steps.

Planning Your Expenses

Tuition at SVIMS ranges from Rs. 40,000 per year for the B.Sc. and M.Sc. programmes to Rs. 80,000 per year for BBA, with the MBA and MCA charged semester-wise, and a refundable caution money of Rs. 1,500 or Rs. 2,000 is payable at admission. Since many scholarships reimburse or support a part of these costs, families should compare the likely scholarship amount against the programme-wise course fees while planning the budget. Students who qualify for more than one scheme should check the rules of each scheme, because some do not allow benefits to be combined. To explore this further, see the course fees.

The hostel and living costs near the campus are additional and should be considered alongside tuition, and students can read about accommodation on the campus facilities page. Finally, candidates who are still choosing between programmes can review the admission process and eligibility conditions so that they apply for both admission and scholarships within the notified timelines. To explore this further, see the campus facilities.