Scholarships at ICFAI University, Raipur

Scholarships at ICFAI University, Raipur

Raipur , Chhattisgarh
|
4.4 Ratings
Private|Estd. 2011

Written By Pooja Ahuja

Updated on – 16 Jan, 2026

ICFAI University, Raipur, located in Chhattisgarh, offers a comprehensive range of scholarship opportunities to support meritorious and deserving students. The university’s scholarship framework primarily focuses on merit-based tuition fee waivers, rewarding both past academic excellence and semester-wise academic performance. These scholarships are available for eligible Undergraduate and Postgraduate programs and aim to promote access to quality education while recognizing academic achievement.


ICFAI University Scholarships – Overview

Scholarships at ICFAI University, Raipur are designed to reduce the financial burden on students and encourage consistent academic performance throughout the program. Financial support is generally provided in the form of partial tuition fee waivers, subject to eligibility and performance criteria.

Types of Scholarships Available

  • Merit-Based Scholarships (Qualifying Examination Based)

  • Merit-Based Scholarships (Semester Performance Based)

  • Government / External Scholarships (as per applicable norms)


ICFAI University Scholarship Eligibility

Scholarship eligibility at ICFAI University, Raipur is primarily based on academic merit and continued academic performance.

General Eligibility Criteria

  • Undergraduate Programs:
    Based on Class XII marks (generally 60%–90% or above, depending on the scholarship slab)

  • Postgraduate Programs:
    Based on marks obtained in the relevant bachelor’s degree

  • Semester-Based Scholarships:
    Students must maintain a minimum CGPA of 6.0 for continuation

  • Government Scholarships:
    Eligibility depends on income limits, category, domicile, or minority status as prescribed by government authorities


ICFAI University Required Documents

Applicants are required to submit the following documents for scholarship verification:

  • Mark sheets and certificates of qualifying examination

  • Proof of admission / fee receipt

  • Government-issued photo identity proof

  • Income / caste / minority certificate (if applicable)

  • Semester-wise grade report (for renewal cases)


ICFAI University Scholarship Application Process

  • Scholarship applications are generally accepted at the time of admission or after declaration of semester results

  • Students must apply through the official admission portal or submit the application at the designated university office

  • All required documents must be submitted within the prescribed timeline

  • Scholarship renewal is subject to academic performance, attendance, and conduct


ICFAI University Scholarship Details

Merit Scholarship – Based on Qualifying Examination Marks

Eligibility (UG / PG)Scholarship Amount (B.Tech)
≥ 90%₹84,000
80% – 89.99%₹70,000
70% – 79.99%₹56,000
60% – 69.99%₹42,000

B.Tech (Lateral Entry):

EligibilityScholarship Amount
≥ 90%₹63,000
80% – 89.99%₹52,500
70% – 79.99%₹42,000

Scholarship amounts are disbursed over the full duration of the program, subject to meeting continuation criteria.


Merit Scholarship – Based on Semester Performance

Semester-wise scholarships are awarded to students achieving high CGPA in each academic term.

ProgramCGPA CriteriaScholarship Amount (Per Semester)
B.Tech≥9.00 / ≥8.50 / ≥8.00₹10,500 / ₹7,700 / ₹5,300
BCA≥9.00 / ≥8.50 / ≥8.00₹5,700 / ₹4,200 / ₹2,800
MBA≥9.00 / ≥8.50 / ≥8.00₹15,000 / ₹11,000 / ₹7,500
BBA≥9.00 / ≥8.50 / ≥8.00₹6,900 / ₹5,100 / ₹3,500

(Scholarship slabs may vary slightly by program as per university norms.)


Government / External Scholarships

Students may also apply for Central and State Government scholarships, including:

  • SC / ST / OBC scholarships

  • Minority scholarships

  • EWS and income-based schemes

These scholarships are governed by respective government policies, eligibility conditions, and disbursement timelines.


Important Scholarship Notes

  • Students must maintain a minimum CGPA of 6.0 for scholarship continuation

  • Scholarships are generally not combinable; the highest eligible benefit is awarded

  • Continuation is subject to attendance, discipline, and academic conduct

  • Scholarship availability depends on university regulations and fund allocation

  • Updated scholarship guidelines are published before each admission cycle

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