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Financial Aid
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Admission decisions are made at the Institute with no regard to applicants' financial need. Only after applications are processed are financial need and available aid determined. Grants may be available on the basis of merit and performance to a limited number of students in the second semester to cover up to 50 percent of the tuition fees. To allocate its limited funds fairly, IIJNM requires that all applicants needing assistance indicate their requirements in a separate sheet along with the application materials.
Those requesting financial assistance from IIJNM must provide clear evidence of genuine financial need. If a recipient of financial assistance is later found to have provided erroneous or incomplete relevant information, he/she may be subject to dismissal from the Institute and forfeit refund of any payments already made by such student. The applicant must indicate whether he/she is prepared to accept an offer of admission regardless of the amount of grant provided.
Students who need financial assistance are encouraged to apply for study loans to their respective banks. Students who have been granted admission and wish to avail of bank loan may contact IIJNM admissions office for further information on participating banks.
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