Fees and Financing

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Fees and Financing

Program Expenses

For 2016- 2017 the fees and payment schedules for PGP are as follows:

First YearSecond Year
First Term 
Fee paid at the time of accepting the offer of admissionRs. 50,000-
Due onJune 19, 2016June 5, 2016
Tuition FeesRs.1,25,000#Rs.1,75,000
Hostel Charges10,00010,000
Alumini Association----3,000*
Students Activities3,000*3,000*

Mess Charges

Vegetarian12,450@12,450@
Non-vegetarian12,990@12,990@
Caution Deposit (Refundable upon completion of the program)25,000----
Total including Veg. Mess Charges1,75,4501,97,450
Total including Non-veg Mess Charges1,75,9901,97,990
  
Second TermSeptember 26, 2016September 12, 2016
Tuition FeesRs. 1,50,0001,50,000
Hostel Charges10,00010,000
Mess ChargesVegetarian12,450@12,450@
Non-vegetarian12,990@12,990@
Total including Veg. Mess Charges1,72,4501,72,450
Total including Non-veg Mess Charges1,72,9901,72,990
  
Third TermJanuary 2, 2016December 26, 2016
Tuition FeesRs. 1,50,0001,50,000
Hostel Charges15,00015,000
Mess ChargesVegetarian12,450@12,450@
Non-vegetarian12,990@12,990@
Total including Veg. Mess Charges1,77,4501,77,450
Total including Non-veg Mess Charges1,77,9901,77,990

* Will be deducted from Caution deposit
# After adjusting the commitment fee of Rs. 50,000/-
@ To be charged Actuals


To Pay First Year / Second Year Fee Click here

Details will be provided to accepted students concerning the various payment methods that can be used.

Financial Assistance

IIM Udaipur endeavors to ensure that no student is deprived of education at the Institute for financial reasons. Therefore, IIMU extends financial assistance to students who have a pressing financial need.

Students whose annual household income is below Rs. 4,50,000 are eligible to apply. Other students may also apply if they can demonstrate severe financial difficulties.

Financial assistance is granted in the form of tuition waivers; the amount is determined depending on the assessment of the student's need.

Students who are interested in applying for financial assistance are required to fill in the Financial Assistance Application Form and submit it on registration day i.e. June 19, 2016.

To download the Financial Assistance Form Click Here

Loans

Many of the major banks in India provide funding to cover most of the tuition and program expenses for PGP students at IIMs. Details concerning rates of interest and other loan conditions should be confirmed directly with the banks.